Puget Prepares to Finalize Agreement With Weistek as Engineering Team Heads for China

FT. LAUDERDALE, Fla.--()--Puget Technologies (OTCBB: PUGE) announced today that its wholly owned subsidiary, Weistek USA, will be sending two of its top engineers to begin working with the Weistek engineering and manufacturing teams in China. The trip is part of a coordinated step in preparation for the domestic distribution of the award-winning IdeaWerk 3D “prosumer” printer. Puget’s team will also confer with company leaders to discuss promising product roadmap initiatives and strategies to address future opportunities.

Puget recently held the first in a series of interactions with its group of brand ambassadors for the IdeaWerk 3D printers and will use this feedback as part of the collaboration with the team in China.

“As we look toward to formalizing our corporate relationship, we are working closely with the Weistek leadership to refine and enhance the consumer experience with the IdeaWerk line of 3D printers,” said President and CEO of Puget Technologies Ron Leyland, noting that Puget is uniquely positioned with its cross industry experience to best understand the consumer demands in the retail setting. “This new product line will be a catalyst for our business and allow for future expansion to meet the growing demand in the 3D space.”

As part of their visit, the Weistek USA engineers will be discussing sustainable packaging solutions, software configurations for remote diagnostics, quality controls, and customer support processes for the US market. This comes on the heels of Weistek conducting these conversations with distribution centers in European, Middle Eastern, African and Pan-Asian markets.

The Weistek USA team is making preparations for operational and product logistics in preparation for the final agreement between the parties as expected later this month.

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.

Puget Technologies provides more information on its business segments at http://www.pugettechinc.com.

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Contacts

Puget Technologies
Ron Leyland, 954-332-2471
President and CEO

Release Summary

Puget Technologies’ (OTCBB: PUGE) subsidiary, Weistek USA, is sending an engineering team to work with Weistek in China, in preparation for the domestic distribution of the IdeaWerk 3D printer.

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Contacts

Puget Technologies
Ron Leyland, 954-332-2471
President and CEO