HOUSTON--(BUSINESS WIRE)--Changing Technologies, Inc. (OTCQB: CHGT) looks to purchase a robust new 3D printer with the idea of entering into the increasingly popular miniatures, table-top and role-playing game figurine markets.
“Miniatures and figurines are a key subset of the overall toy market,” said CHGT CEO Marco Valenzuela. “We want to grab a share of that expanding market by designing and 3D printing miniatures and figurines for hobbyists, collectors and gamers. Right now, we’re looking at purchasing a versatile, powerful printer that will enable us to ramp up custom production of these items for sale at shows, conventions and through our 3D printing portal. Combined with our recent outreach to cosplayers and to video gamers, we hope to carve a substantial market niche that will generate a strong future revenue stream.”
As the U.S. economy recovers from the 2008 recession, Americans are finding themselves with more disposable income. Areas where consumers are spending more money are hobbies, toys and games. Total annual game spending recently topped $700 million and analysts think it could soon reach $1 billion. Broken down by category, collectible games brought in the largest share at $450 million; miniatures represented a $125 million slice of the overall market while role-playing games totaled $15 million.
For more information on CHGT, please visit www.changingtechno.com.
For more information on 6th Dimension Technologies, visit http://www.6d3d.com.
About Changing Technologies, Inc.
Changing Technologies, Inc. (CHGT) 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. A forward-thinking company working to be at the forefront of the next generation of consumer-based technology, CHGT is positioning itself to leverage global demand for the latest technological advances and services the company offers. Changing Technologies, Inc. is in the cutting-edge technology sphere alongside companies like Voxelijet AG (VJET), Arcam AB (AMAVF), and ExOne Co. (XONE).
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