CHGT Forms New Subsidiary Targeting Booming 3D Printing Sector
HOUSTON--(BUSINESS WIRE)--Changing Technologies, Inc. (OTCBB:CHGT) announced today that it has incorporated a new subsidiary, 6th Dimension Technologies, that will focus on developing innovative concepts to bring 3D printing to mainstream consumers.
“We are confident in the demand for innovations in 3D printing, in particular the consumer-focused area of the sector, as all facets of this technology continue to advance at an accelerated pace.”
6th Dimension Technologies will enable CHGT to pursue additional growth areas and market needs in the booming 3D printing sector. The company expects the 3D printing market to continue growing at an accelerated pace, with industry analysts projecting the sector to reach revenues in excess of $ 16 billion by 2018.
“Forming 6th Dimension Technologies is another step forward as we continue to evolve and transition as a company,” CHGT CEO Omar T. Durham said. “We are confident in the demand for innovations in 3D printing, in particular the consumer-focused area of the sector, as all facets of this technology continue to advance at an accelerated pace.”
Changing Technologies, Inc. is an emerging technology company focused on developing innovative concepts to bring to consumers. 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.
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