Sigma Labs, Inc. Acquires Latest Model 290 3D Metal Printer From Electro Optical Systems


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OTC:BB:SGLB / OTC:BB:CCGI / OTC:BB:WSTI
06/19/2014 [ACCESSWIRE]

Sigma Labs, Inc. (OTCQB: SGLB) saw strong share volume on June 19th with 5,000,024 shares exchanging hands, nearly double its three month daily average volume of 2,744,440 shares.

Just this morning, Sigma Labs, developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, announced that it has acquired the latest generation Model 290 3D metal printer from Electro Optical Systems (EOS) GmbH of Krailling, Germany.  Plans are in place to install the machine at Sigma Labs' facilities in Santa Fe, New Mexico and couple it with all of Sigma Labs' proprietary quality inspection systems.  This is Sigma Labs' initial step towards the establishment of a New Mexico-based facility to manufacture precision parts utilizing all of Sigma Labs' 3D quality inspection systems.  

Mark Cola, President and Chief Executive Officer of Sigma Labs, stated that, "With the acquisition of this state-of-the-art 3D metal printer coupled with our PrintRite3D(r) technology, Sigma Labs now enters a new manufacturing phase, and enhances our offerings to the additive manufacturing marketplace for high-end, precision metal parts.  Customers will be able to contract with us to manufacture on our equipment, to their specifications, and take full advantage of our unique PrintRite3D(r) on-machine quality assurance capability. This will be invaluable in helping customers to reduce process development times and get parts into production faster. Once parts are in production, PrintRite3D(r) will continue to contribute to their bottom line by reducing inspection costs and part rejection costs."

SGLB closed the day at $.125, 13.64% higher than its previous close of $.11.

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CCGI Intends To Integrate Tesla Motors EV Charging Technology Into Blink EV Charging Stations

Car Charging Group, Inc. (OTCQB: CCGI) saw its share volume skyrocket on June 19th with 598,190 shares exchanging hands, 11 times higher than its three month daily average volume of 54,189 shares.

Today, Car Charging Group, Inc., the largest owner, operator, and provider of electric vehicle (EV) charging services and owner of the Blink Network, one of the largest EV charging networks, announced its intention to integrate the Tesla Motors' EV charging technology into Blink EV charging stations. According to the blog on the Tesla Motors' website dated June 12, 2014, Chief Executive Officer, Elon Musk, stated that the company would "not initiate patent lawsuits against anyone who, in good faith, wants to use our technology". Mr. Musk noted that the decision to provide access to the patents is "in the spirit of the open source movement, for the advancement of electric vehicle technology" and that "Tesla, other companies making electric cars, and the world would benefit from a common, rapidly-evolving technology platform".

"Like Tesla Motors, CarCharging believes that the market potential for electric vehicles is vast and we are dedicated to doing all that we can to assist in its acceleration," said CarCharging Founder and CEO, Michael D. Farkas. "By sharing its technologies, Tesla Motors provides CarCharging with the ability to leverage all of the locations in its portfolio and offer a solution that is compatible for all EV drivers, which is a win-win for the drivers and the industry."

CarCharging also recently announced its participation in Nissan's "No Charge to Charge" promotion, which provides two years of no-fee charging with the purchase of a new Nissan LEAF with the new EZ-Charge card, an all-access card that provides drivers with the ability to initiate charging sessions on CarCharging's Blink Network as well as other major charging networks. CarCharging is also collaborating with GE's Industrial Solutions business to establish interoperability between CarCharging's Blink Network and GE's WattStation EV chargers.  GE will soon allow CarCharging's Blink Network to serve as an alternative payment method for drivers and owners of GE WattStations.

CCGI closed the day at $.91, 6.82% higher than its previous close of $.88.

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WindStream Technologies Sees Share Volume Soar

WindStream Technologies, Inc. (OTCQB: WSTI) saw its share volume explode on June 19th with 406,431 shares exchanging hands, 45 times higher than its three month daily average volume of 8,995 shares.

With no recent news on the company, one could only speculate why this uptick in volume occurred, but here is what is known about the company:

Headquartered in North Vernon, Indiana, WindStream Technologies is a leader in low-cost, hybrid, renewable energy solutions for urban, suburban and off-grid environments. Founded in July 2008, American owned and operated, WindStream Technologies has designed, tested, and now manufacturing its patented TurboMill(r) and SolarMill(r) distributed energy solutions, proving that homegrown innovation and manufacturing can thrive in today's economy.

WSTI closed the day at $1.35, 20.54% higher than its previous close of $1.12.

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