CHGT Finds Niche Helping Large Manufacturers Streamline Their Production Processes
January 28, 2016 | By Business Wire News
HOUSTON
Changing Technologies, Inc. (OTCQB: CHGT) is talking with a large-scale production company to provide 3D printing/additive manufacturing services that would help the fabricator simplify its process and make its production pipeline more efficient.
“We’re discussing ways CHGT’s capabilities and expertise can help them greatly improve their current inefficient production methods,” said company CEO Marco Valenzuela. “Right now, their system has some bottlenecks we can untangle for them by providing outside turnkey 3D printing and additive manufacturing services for both large-scale and small projects. This will allow them to become more efficient, turn out more products in less time and add new revenues to our bottom line. It’s a scenario where everyone comes out ahead.”
Valenzuela said the manufacturer turns out a variety of popular products, ranging from toys to accessories to household items.
“They’re quite interested in using 3D printing/additive manufacturing in their production process, which is why our expertise is so appealing to them,” Valenzuela said. “This has the possibility of growing into a long-term, mutually beneficial partnership.”
This latest move gives validation to CHGT’s recently announced plans to invest in new 3D printing equipment. A technology survey has found that two out of every three industrial manufacturers are using or want to use 3D printing.
For more information on CHGT, please visit www.changingtechno.com.
For more information on 6th Dimension Technologies, visit http://www.6d3d.com.
About Changing Technologies, Inc.
Changing Technologies, Inc. (CHGT) is an emerging technology company focused on developing innovative concepts to bring to consumers. It recently created a new subsidiary — 6th Dimension Technologies — to pursue additional growth areas and market needs in the booming 3D printing sector. A forward-thinking company working to be at the forefront of the next generation of consumer-based technology, CHGT is positioning itself to leverage global demand for the latest technological advances and services the company offers. Changing Technologies, Inc. is in the cutting-edge technology sphere alongside companies like Voxelijet AG (VJET), Arcam AB (AMAVF), and ExOne Co. (XONE).
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipates” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
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Changing Technologies, Inc.
Marco Valenzuela, 713-300-3806
President and CEO
marco@6d3d.com
