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Puget Technologies, Inc. (PUGE) Announces Formation of Weistek USA

Today, Puget Technologies announced the formation of Weistek USA as part of its preparation efforts for bringing its high-performance 3D printer to market in the United States. This new division is expected to see rapid growth and will be a strong contributor to Puget Technologies’ growth in the next quarter of 2014.

“The power of the 3D community is building innovation momentum and Weistek USA anticipates driving growth and profitability as a leader in this market,” said Ron Leyland, President and CEO of Puget Technologies. He added, “While 3D printing is being used to make everything from working human kidneys to rocket parts, the real revolution is in bringing it to at-home enthusiasts, educators and the designers of the future. We are excited to see consumers finding and sharing new possibilities for this technology every day.”

Weistek USA’s formation follows Puget Technologies’ filing for trademarks related to its SnapSearch℠ app and PrintSnaptic℠ platform with the U.S. Patent and Trade Office. Weistek USA will continue developing supporting technologies for Puget Technologies’ customers’ out-of-box experience as well as the company’s support and sales channels.

The 3D printer market is expected to reach $4 billion next year, an indicator of how much consumer demand there is for 3D printers. Headquartered in Ft. Lauderdale, Florida, Puget Technologies aims for acquisition, development, and sales of leading-edge, consumer-oriented products ready for rapid commercialization.

For more information, visit: www.pugettechinc.com

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