Market Overview

Latest 3D Printing Prospect Propels CHGT into Rapidly Growing Menswear Market


HOUSTON, TX / ACCESSWIRE / April 4, 2016 / Fresh off obtaining new funding for expansion, Changing Technologies, Inc. (OTCQB: CHGT) has inked a key letter of intent (LOI) with a noted national menswear company to manufacture customized accessory items for its clients.

"This important LOI adds to our impressive list of achievements in 2016," said CHGT CEO Marco Valenzuela. "As promised in January, we expect this to be an eventful year and this agreement helps us keep up the strong momentum we established in 2015. Under this LOI we'll be producing personalized menswear accessory pieces for a high-end fashion company. Our partner prides itself on its inspirational clothing line and the accessories we produce will help them continue their record of excellence as well as allow us to build yet another means to increase shareholder value."

Despite overall fashion and clothing sales dropping in 2015, menswear and men's accessories have successfully bucked that downward trend. One retail analyst notes that the segment posted an impressive 24 percent growth rate last year and, unlike the slumping women's apparel market, the ongoing menswear boom shows no signs of slowing. Reasons cited for the growth include a renewed interest in personal appearance and increased disposable income for males.

The global menswear market projects to be a $40 billion industry by 2019.

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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).



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," "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.

Changing Technologies, Inc.
Marco Valenzuela, 713-300-3806
President and CEO

Source: Changing Technologies, Inc.

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