HOUSTON — (BUSINESS WIRE) — February 6, 2015 — In a bold bid to meet the increasing global demand for mass customization, Changing Technologies, Inc. (OTCBB: CHGT) is developing a business strategy to offer clients custom, 3D-printing plans for everyday consumer products.
“More and more, consumers expect manufacturers to meet their individualized, specific product needs,” said CHGT CEO Omar T. Durham. “3D printing is the clear solution to small-scale, customized manufacturing, and we want to be a leader in this emerging industry.”
New tech breakthroughs are leading to an era of “mass customization,” where consumers can download or contribute to the design process of a product like a necklace, an orthotic footbed, headphones or an action figure. By printing one product at a time, 3D printers can create items that best suit the buyer’s identity, shape or preference.
CHGT has targeted what the company believes is an unfulfilled need in the 3D printing marketplace to assist consumers with custom-printed projects too costly or difficult to manufacture in the traditional fashion. The company is developing plans to provide custom builds for everyday uses—Everything from auto parts for vintage sports cars to customizable add-ons and accessories for autonomous drones.
“The emerging capabilities of this technology are astounding, and we’re positioning CHGT on the ground floor of this industry,” Durham said.
CHGT and subsidiary 6th Dimension Technologies are on the verge of launching an interactive, on-demand 3D printing retail portal that will bring the 3D printing experience directly to users and capitalize on the influx of new consumers to the market.
For more information on CHGT, please visit www.changingtechno.com/investors.
For more on CHGT subsidiary 6th Dimension Technologies, visit 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 Voxeljet AG ( VJET), Arcam AB ( AMAVF) and ExOne Co. ( XONE).
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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,” “anticipate” 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 success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Contact:
Changing Technologies, Inc.
Omar T. Durham, 713-300-3806
President
and CEO
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