CHGT: Booming 3D Printing Market Visibility Continues

Loading...
Loading...
HOUSTON--(BUSINESS WIRE)--

In response to rising demand, one of the largest global shipping companies is now set to capitalize on the 3D printing phenomenon. Increasing consumer access to this cutting-edge technology could pay significant dividends for emerging technology company Changing Technologies, Inc. CHGT as it continues investigating opportunities in the fast-growing 3D printing industry.

Last year, the United Parcel Service UPS experimented with in-store 3D printers in select retail stores. The printers were so well-received that UPS is now expanding the availability of 3D printing services to nearly 100 of its U.S. locations.

With the 3D printing market projected to reach $18.2 billion by 2018, the technology is quickly gaining traction with mainstream consumers and could be poised to surpass previous revenue projections.

“This move by UPS shows consumer interest in 3D printing is just scratching the surface,” CHGT CEO Omar T. Durham said. “The benefits of this technology are quickly being embraced by mainstream audiences as the demand for 3D printing continues to grow exponentially.”

Changing Technologies, Inc. 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. Changing Technologies, Inc. is in the cutting-edge technology sphere alongside companies including Voxeljet AG VJET, Arcam AB AMAVF, and ExOne Co. XONE.

For more information on CHGT, please visit www.changingtechno.com/investors. For more on 6th Dimension Technologies, visit www.6D3D.com.

About Changing Technologies, Inc.

Changing Technologies, Inc. CHGT is a forward-thinking company working to be at the forefront of the next generation of consumer-based technology. The Company is positioning itself to leverage the global demand for the latest technological advances and the services they offer.

Notice Regarding Forward-Looking Statements

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,” “anticipate” 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.

Changing Technologies, Inc.
Omar T. Durham, 713-300-3806
President and CEO
omar@changingtechno.com

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...