Puget Technologies Forms 3D Printing Division; Launches Revamped Website

FT. LAUDERDALE, Fla. — (BUSINESS WIRE) — December 23, 2013 — Puget Technologies (OTCBB: PUGE) is pleased to announce it has launched a new division that will acquire existing companies in the rapidly expanding 3D printing market, an area which The Economist calls the “Third Industrial Revolution.” Puget has begun discussions with several potential acquisition candidates who have existing 3D printers or provide required printing supplies and accessories.

President and CEO of Puget Technologies Ron Leyland said, "There is no more exciting business to pursue right now than 3D printing. During the next several years, 3D printers and their associated products will literally change the world around us." He added, "In the not too distant future, instead of shipping a physical item, retailers will simply transfer ‘blueprints’ straight to our 3D printers, resulting in instant delivery of an almost endless number of goods.”

A 3-D printer, which has nothing to do with paper printers, creates an object by stacking one layer of material - typically plastic or metal - on top of another; much the same way a pastry chef makes baklava with sheets of phyllo dough.

The technology has been radically transformed from its origins as a tool used by manufacturers and designers to build prototypes. 3D printing is rapidly making the transition from manufacturing applications to producing consumer goods and users are now constantly finding new applications for the technology.

Puget’s new 3D printing division will compete with industry stalwarts such as 3D Systems Corporation (NYSE: DDD), Stratasys, Ltd. (NASDAQ: SSYS), and new market entrant The ExOne Company (Nasdaq: XONE).

Puget Technologies has launched a completely revamped website providing more information on its business segments at http://www.pugettechnic.com.

About Puget Technologies (PUGE)

Puget Technologies is a publicly traded company on the OTCBB Market stock exchange under the ticker symbol PUGE. Headquartered in Ft. Lauderdale, Florida, Puget Technologies acquires, develops and sells leading edge consumer oriented products ready for rapid commercialization. Much of its resources are dedicated to research and development in order to provide consumers with quality options while meeting the expectations of its investors.

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 future success. This news release only speaks as of the date of its distribution.



Contact:

Puget Technologies
Ron Leyland, 954-332-2471




Review Article Be the first to review this article
Trimble

Harris

Featured Video
Jobs
Geospatial Analyst - Senior for BAE Systems Intelligence & Security at Springfield, VA
Avionics System Engineer for BAE Systems Intelligence & Security at Arlington, VA
Geospatial Systems Administrator for BAE Systems Intelligence & Security at arnold, MO
Senior Mechanical Engineer for BAE Systems Intelligence & Security at Arlington, VA
Mechanical Design Engineer 3 for KLA-Tencor at Milpitas, CA
Sr Mechanical Design Engineer for Medtronic at mounds view, MN
Upcoming Events
Geospatial World Forum 2018 at Hyderabad International Convention Centre Hyderabad India - Jan 16 - 19, 2018
2018 Annual Convention of Virginia Association of Surveyors at 24 S. Market St Staunton VA - Jan 18 - 20, 2018
ArcGIS: Introduction at Environmental and Natural Resource Building 14 College Farm Rd New Brunswick NJ - Feb 1 - 22, 2018
International LiDAR Mapping Forum at Hyatt Regency 650 15th Street, Denver CO - Feb 5 - 7, 2018
Teledyne Optech
University of Denver GIS Masters Degree Online
Teledyne:
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise