CHGT Investigates Opportunities in Multi-Billion Dollar 3D Printing Space
HOUSTON--(BUSINESS WIRE)--With the global 3D printing market projected to experience unprecedented growth, forward-thinking technology company Changing Technologies, Inc. (OTCBB: CHGT) announced today the Company is targeting the consumer end user by looking for innovative ways to bring the technology experience mainstream.
“We are concentrating our efforts on expanding the Company’s assets as this booming technology continues to grow”
To start, CHGT will focus on building a diversified base of 3D printing assets. The company has formed a new subsidiary, 6th Dimension Technologies, and is already examining potentially lucrative new acquisition targets with promising projects in their development pipelines.
The 3D printing market has experienced unprecedented, technology-driven growth in recent years that shows no signs of slowing down. A recent report by the McKinsey Global Institute suggests the 3D printing industry could generate an economic impact of $230 billion to $550 billion per year by 2015.
CHGT plans to meet the expected increased consumer demand for 3D printing by adding exciting new assets to its portfolio.
“We are concentrating our efforts on expanding the Company’s assets as this booming technology continues to grow,” CHGT CEO Omar T. Durham said. “Consumers are asking for this new technology. These acquisition targets will help us meet what we expect will be overwhelming demand for the services we provide to the everyday consumer.”
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.
Notice Regarding Forward-Looking Statements
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