Massive Dynamics to Acquire Hong-Kong Based Developer of 3D Printers

CUPERTINO, Calif.--()--Massive Dynamics Inc. (OTCQB: MSSD) is pleased to announce that it has signed a letter of intent to acquire PrintForge 3D Ltd., a Hong-Kong based developer of 3D printers and related accessories. The acquisition of PrintForge 3D Ltd. will help Massive to secure its position in the rapidly expanding additive manufacturing industry. PrintForge 3D Ltd. Will acquire, develop, and refine 3D Printers, scanners and related software with the objective of becoming a One Stop Shop for the additive manufacturing industry.

Industry insiders are calling additive manufacturing, commonly referred to as 3D printing, the “Third Industrial Revolution.” Manufacturing is quickly moving from the current mass produced “one for all” model into an era of personalization, where consumers will personalize the color and features of items they wish to purchase and instead of clicking “buy” and waiting for delivery, they’ll simply click “print” and watch their purchase materialize in no time at all.

"There can be no doubt about the explosive growth ahead for the additive manufacturing industry," said Oscar Hines, President. "The applications for 3D printing are virtually unlimited; in time 3D printing will usher in a paradigm shift in the way consumers interact with the manufacturing economy.”

“We look forward to working with PrintForge over the next several months to launch their line of 3D printers and accessories into the US market; while completing the mutual due diligence required for execution of the definitive acquisition agreement,” concluded Hines.

PrintForge operates in an industry dominated by companies such as 3D Systems Corporation (NYSE: DDD), Stratasys, Ltd. (NASDAQ: SSYS), and new market entrant The ExOne Company (Nasdaq: XONE).

About Massive Dynamics, Inc. (OTCQB: MSSD)

Massive Dynamics, Inc. is a Nevada corporation listed on the OTCQB under the trading symbol MSSD. The Company is an acquirer, developer and seller of leading edge consumer oriented technologies and products ready for rapid commercialization.

More information on Massive Dynamics can be found at: http://www.massivedynamicsinc.com.

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 future success. This news release only speaks as of the date of its distribution.

Contacts

Massive Dynamics, Inc.
Oscar Hines, 408-973-7857
President

Release Summary

Massive Dynamics Inc. is pleased to announce that it has signed a letter of intent to acquire PrintForge 3D Ltd., a Hong-Kong based developer of 3D printers and related accessories.

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Contacts

Massive Dynamics, Inc.
Oscar Hines, 408-973-7857
President