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SOURCE Sigma Labs, Inc.
SANTA FE, N.M., June 12, 2014 /PRNewswire/ -- Sigma Labs, Inc. (OTCBB: SGLB), today announced that it has entered into a contract with Adurant Technologies, LLC, a Cloudera® and Oracle® Gold Partner, to assist Sigma Labs in formulating, designing and deploying a unified 'Big Data' methodology to support the integration of Sigma Labs' PrintRite3D® systems with both existing and legacy manufacturing and production infrastructure systems.
Mark Cola, President and Chief Executive Officer of Sigma Labs, stated that, "Many of our customers are using existing manufacturing systems which will need to be integrated with the increasingly large quantities of new data generated by our PrintRite3D® systems in application of advanced manufacturing technologies. Therefore, to ensure the successful implementation of these advanced manufacturing technologies, we must provide our customers with the tools and methods they will need to manage the terabytes of data per part that will be generated as a result of using PrintRite3D® systems as integrated functions within their overall advanced manufacturing enterprise. We have tasked Adurant Technologies to help us develop the architecture, data integration and reporting requirements that will meet these needs and interface seamlessly with enterprise systems from ORACLE Corporation® and SAP AG®. This is an emerging problem for all of additive manufacturing, and we intend to be a leader in offering this critical data management tool."
Brett Weninger, Managing Director of Adurant Technologies, adds, "We expect that the integration of Big Data processing into Sigma Labs' already successful PrintRite3D® Services will lead to market leadership by Sigma Labs in an area demanding actionable information."
As to how this new effort relates to and provides support for Sigma Labs' existing commercialization efforts, Mark Cola further stated that, "This enhances what we are doing with our other commercialization partners, namely Materialise NV and Metronic Systems, LLC. Those efforts are focused on commercialization of our PrintRite3D® INSPECT™ and DEFORM™ modules, respectively.
ORACLE® and SAP® are multinational software corporations that make enterprise planning resource software as well as database management systems to manage business operations and customer relations.
About Sigma Labs, Inc.
Sigma Labs, Inc., through its wholly-owned subsidiary B6 Sigma, Inc., develops and engineers advanced, in-process, non-destructive quality inspection systems for commercial firms worldwide seeking productive solutions for metal-based additive manufacturing or 3D printing, and other advanced manufacturing technologies. For more information please visit us at www.sigmalabsinc.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often contain words such as "expects," "anticipates," "intends," "believes" or "will." Our forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in our most recent annual report on Form 10-K. The forward-looking statements in this press release are made only as of the date of this press release. We undertake no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise.
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