HOUSTON — (BUSINESS WIRE) — May 5, 2014 — Puget Technologies (OTCBB: PUGE) announces Amazon, the largest online retailer in the world, will sell the award-winning IdeaWerk high performance 3D printer. The deal will place the printer before Amazon’s more than 209 million active customers.
The IdeaWerk 3D printer was awarded “Best Annual 3D Printer” during January’s massive International Consumer Electronics Show (CES) in Las Vegas and was recently launched by Puget through its subsidiary, Weistek USA.
“With the exploding growth of the e-commerce sector, we are very pleased the IdeaWerk 3D printer will be available to the public through Amazon, and we look forward to strengthening our business relationship with this important e-merchant,” said Gary Valentine, President and CEO of Puget. He added, “Working with this retail giant not only reinforces our mission to help make 3D printers more accessible to domestic users; it also moves us closer to delivering the streamlined and seamless consumer experience we consider critical to the company’s success.”
Last year, 59 percent of U.S. adult internet users shopped at Amazon (NASDAQ: AMZN). An American international electronic commerce company, Amazon sells diversified products with a mission “to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online,” and has joined Staples (NASDAQ: SPLS) as a major online retailer offering rapidly spreading 3D printing technology.
About Puget Technologies (PUGE)
Headquartered in Houston, Texas, 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. Additional information about Puget Technologies is found at http://www.pugettechinc.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," "anticipates," 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.
Contact:
Puget Technologies
Gary J. Valentine, 832-431-3198
President
and CEO
