Puget Technologies (OTCBB: PUGE) today announced the formation of
Weistek USA in preparation for the distribution and sales of its high
performance 3D printer in the U.S. consumer market. The new division is
expected to expand rapidly and become a significant vehicle of growth
for Puget in the coming quarter.
"The power of the 3D community is building innovation momentum and
Weistek USA anticipates driving growth and profitability as a leader in
this market," said Ron Leyland, President and CEO of Puget Technologies.
He added, "While 3D printing is being used to make everything from
working human kidneys to rocket parts, the real revolution is in
bringing it to at-home enthusiasts, educators and the designers of the
future. We are excited to see consumers finding and sharing new
possibilities for this technology every day."
The announcement follows the filing for trademarks by Puget related to
its SnapSearch? app and PrintSnaptic? platform with the U.S. Patent nd
Trade Office. Weistek USA will continue the development of supporting
technologies to enhance the out-of-box experience for its customers
along with sales and support channels.
Puget Technologies provides more information on its business segments at http://www.pugettechinc.com.
About Puget Technologies (PUGE)
Puget Technologies is a publicly traded company on the OTCBB Market
stock exchange under the ticker symbol PUGE. Headquartered in Ft.
Lauderdale, Florida, Puget Technologies acquires, develops and sells
leading edge consumer oriented products ready for rapid
commercialization. Much of its resources are dedicated to research and
development in order to provide consumers with quality options while
meeting the expectations of its investors.
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 future success. This news release only
speaks as of the date of its distribution.
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