|[July 07, 2014]
CHGT Investigating Lucrative 3D Printing Market
HOUSTON --(Business Wire)--
Changing Technologies, Inc. (OTCBB: CHGT), a cutting-edge technology
company, is investigating a potential transition into the booming 3D
printing market, a space that is projected to reach $16.2 billion
globally by 2018.
"This is a growing market with enormous potential," CHGT CEO Omar T.
Durham said. "3D printing is a red-hot industry that is only scratching
the surface of what it will become. This is a sector in which CHGT is
currently exploring all options."
CHGT is examining 3D printing technology and the new revenue streams the
sector can provide. Market research firm Canalys projects 3D printing to
reach $3.8 billion in revenues this year, while quadrupling profits over
the next four years.
"The everyday consumer is going to incorporate some form of 3D printing
into their daily life, which makes this sector one that promises to
grow," Durham said. "3D printing is the kind of progressive technology
that intrigues CHGT."
Changing Technologies, Inc. is an emerging technology company focued 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
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.
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