Sigma Additive Solutions Joins the EOS Developer Network

Rhea-AI Summary

Sigma Additive Solutions (NASDAQ:SASI) has joined the EOS Developer Network, enhancing its software offerings in the 3D printing sector. This partnership allows Sigma to utilize EOS's application programming interfaces (APIs) for improved data management and process analytics. The collaboration aims to enhance customer quality assurance throughout the additive manufacturing process. Sigma's technology, particularly its PrintRite3D® system, enables real-time monitoring and analytics, reducing waste and increasing efficiency. This move is expected to catalyze growth in the additive manufacturing industry.

Positive

• Joined EOS Developer Network, expanding software capabilities.
• Access to EOS APIs for advanced data analytics and reporting.
• Enhances quality assurance in additive manufacturing, supporting customer success.

Negative

• None.

Sigma to Expand Agnostic Software-only Offerings to Provide Key Analytics to EOS Machine, Process, and Part In-process Data

SANTA FE, N.M.--(BUSINESS WIRE)-- Sigma Additive Solutions, Inc. (NASDAQ:SASI) ("Sigma", "we," or "our"), a leading developer of quality assurance software to the commercial 3D printing industry, announced today that it has joined the EOS Developer Network (EDN) by EOS, a leading supplier for responsible manufacturing solutions via industrial 3D printing technology. This enables Sigma to provide software and analytics applications from EOS application programming interfaces (APIs).

The EDN partner program streamlines services and tools to allow Sigma to expand its software offering via the EOS digital thread from data preparation, machine management, process data acquisition, and reporting. EDN also provides access to API documentation, code samples, dedicated support by solution experts and access to virtual EOS systems for testing and integration validation.

According to Sigma’s General Manager of European Operations Stephan Kuehr, “This is a great step in allowing us to support customer quality at every point of their additive journey, as well as better integrate with other software solutions. EOS is a premier supplier to the entire additive manufacturing industry, including both metals and polymer technologies. We share their mission of providing high levels of manufacturing quality and economic sustainability. We believe that the combination of EOS’ machine platforms with Sigma’s pedigree in agnostic monitoring and analytics software will be a marketplace differentiator and catalyst for growth of the entire additive industry.”

Stated Mirco Schöpf, Product Line Manager Software, EOS, “We are very pleased to welcome Sigma Additive Solutions to the EDN partner program. EOS believes open software interfaces have a strong impact on the adoption of additive manufacturing (AM) in general and provide opportunities to speed up industrialization. We created the EOS Developer Network (EDN) to support the AM software community to build seamlessly integrated software products that add to the powerful foundation EOS has built.”

About EOS

EOS provides responsible manufacturing solutions via industrial 3D printing technology to manufacturers around the world. Connecting high quality production efficiency with its pioneering innovation and sustainable practices, the independent company formed in 1989 will shape the future of manufacturing. Powered by its platform-driven digital value network of machines and a holistic portfolio of services, materials and processes, EOS is deeply committed to fulfilling its customers’ needs and acting responsibly for our planet. For more information, please visit https://www.eos.info/en.

About Sigma Additive Solutions

Sigma Additive Solutions Inc. is a leading provider of in-process quality assurance (IPQA^TM) solutions to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring and analytics known as PrintRite3D^® for 3D metal and polymer advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process, enabling significant cost-savings and production efficiencies by reducing waste, increasing yield, and shortening cycle times. Sigma believes its software solutions will be a major catalyst for the acceleration and adoption of industrial 3D printing. For more information, please visit www.sigmaadditive.com.

Forward-Looking Statements

This press release contains "forward-looking statements" 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. Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are risks relating to, among other things, the extent of the market's acceptance of PrintRite3D® and Sigma’s ability to satisfy its capital needs through increasing its revenue and obtaining additional financing. Sigma disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact Sigma’s forward-looking statements, please see disclosures contained in Sigma's public filings with the SEC, including the "Risk Factors" section of Sigma's Annual Report on Form 10-K, which may be viewed at www.sec.gov.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221201005340/en/

Sigma Additive Solutions Contact

Chris Tyson

Executive Vice President

MZ Group - MZ North America

949-491-8235

SASI@mzgroup.us

www.mzgroup.us

Source: Sigma Additive Solutions Inc.

FAQ

What is Sigma Additive Solutions' recent development relevant to NASDAQ:SASI?

Sigma has joined the EOS Developer Network to expand its software offerings and enhance analytics capabilities.

How will Sigma's partnership with EOS impact its business?

The partnership enables Sigma to provide better quality assurance solutions in the 3D printing industry, potentially accelerating growth.

What technology does Sigma Additive Solutions specialize in?

Sigma specializes in in-process quality assurance solutions, particularly its PrintRite3D® monitoring system.

What are the benefits of Sigma joining the EOS Developer Network?

Benefits include enhanced integration with EOS systems and improved access to APIs for better data management and reporting.

How does Sigma's technology affect production efficiency?

Sigma's technology helps reduce waste, increase yield, and shorten production cycle times.