Benzinga | Apr 7, 2021 08:32AM EDT

Sigma Labs Awarded Initial Contract From Ermaksan Innovative Technologies For PrintRite3D In-Process Quality Assurance; Financial Terms Not Disclosed

Sigma Labs, Inc. (NASDAQ:SGLB) ("Sigma Labs"), a leading developer of quality assurance software for the commercial 3D metal printing industry, has been selected by Ermaksan Innovative Technologies to provide its In-Process Quality Assurance technology, PrintRite3D(r), as a factory option on its ENAVISION 3D metal additive machines and will be integrated with the Materialise Control Platform (MCP).

The cooperation commences with an initial contract for a single system from Ermaksan to install PrintRite3D(r) at a new customer site in Turkey. Initially, Sigma Labs will install the PrintRite3D(r) system at the Ermaksan facility in Bursa, Turkey and expects to be in the position to certify the Ermaksan ENAVISION system as PrintRite3D(r) Ready before ultimately moving the system to the end user's facility. Sigma Labs will provide Ermaksan with a comprehensive PrintRite3D(r) In-Process Quality Assurance (IPQA(r)) system and hardware, software, training, engineering and metallurgical consulting and related support services.

"We are pleased to announce our new relationship with Ermaksan, a leading provider of advanced metal forming machines," said Mark Ruport, Chief Executive Officer of Sigma Labs. "We believe the integration and certification of PrintRite3D(r) at Ermaksan's factory will help ensure the best solution for their end user customer. Ermaksan's commitment to the highest quality standards was one of the key reasons for selecting PrintRite3D(r) and we look forward to establishing a long-term relationship and collaborating with them on future sales opportunities."

"We are very happy to start a collaboration with Sigma Labs. The collaboration aims to increase the exchange of ideas and expertise between both companies. At Ermaksan, we attach great importance to research and development and innovation activities with the aim of improving the capabilities of the machines we produce, meeting global market demands in the best way, and increasing customer satisfaction. In the coming years, we will continue our technology oriented investment studies that will add value to the sector," said Ahmet OZKAYAN, General Manager of Ermaksan.

Sigma's PrintRite3D(r) Ready initiative was launched in 2020 so that global manufacturers can be assured of a consistent, standards-based way of monitoring the quality of a printed metal part, regardless of which metal 3D printer they are using. Sigma believes the PrintRite3D(r) Ready certification will facilitate the acceleration of 3D metal printing by enabling the manufacturer to be agile and load balance production across a heterogeneous collection of printers while ensuring that the part's quality meets the design requirements.