|By Business Wire||
|August 6, 2014 05:00 AM EDT||
As the amazing possibilities offered by cutting-edge 3D printing technology gain accelerated mainstream momentum, product licensing in the sector is expected to experience an exponential increase in value. 6th Dimension Technologies, the wholly-owned subsidiary of Changing Technologies, Inc. (OTCBB: CHGT), is currently in product licensing negotiations to offer high quality 3D printed items on its groundbreaking website, www.6D3D.com, an on-demand retail model for 3D printing.
With the global 3D printing market estimated to reach $16.2 billion by 2018, product licensing values are expected to increase substantially. In its mission to provide consumers with a uniquely personalized 3D printing experience, 6th Dimension Technologies is working on product licensing deals with established 3D printing intellectual property holders.
Securing the Company’s targeted product licensing deals ensures consumer end users at 6D3D.com they will receive the most innovative products available in this dynamic technology.
“We are targeting some of the biggest names in the toy and entertainment industries for our product licensing agreements,” CHGT CEO Omar T. Durham said. “The products we plan to offer will be the highest quality 3D printed products available.”
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 (NYSE: VJET), Arcam AB (OTCBB: AMAVF), and ExOne Co. (NASDAQ: XONE).
For more information on CHGT, please visit www.changingtechno.com/investors.
About Changing Technologies, Inc.
Changing Technologies, Inc. (OTCBB: 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.
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