Category Archives: Puget Technologies Inc. PUGE

Puget Technologies, Inc. (PUGE) Signs Licensing Agreement with RamRock Building Systems

January 13, 2015

Today, shortly after the opening bell, Puget Technologies announced that it has entered into an agreement with RamRock Building Systems, LLC (“RBS”) securing a global master license in the use and sub-licensing of RamRock’s innovative green building system.

“We are very excited about bringing RamRock into the Puget family,” stated Puget President & CEO Larson Elmore. “Our master license gives us the ability to create enormous value in the furtherance of our shared mission to create a safer, sounder, more productive and more sustainable world.”

David White, CEO of RBS, added, “Puget’s emergence as a leader in the commercialization of sustainable technologies will enable RBS to penetrate the construction market sooner and expand more rapidly than would otherwise be the case, working in association with Puget’s growing arsenal of cutting-edge technology companies.”

RBS is known for introducing the concept of converting nonhazardous urban-industrial materials into high-performance, competitively priced building products. The company’s interlocking structural building block, along with integrated proprietary software, is expected to greatly simplify the installation process leading directly to cost savings during construction projects. RBS was a regional semi-finalist in the 2014 Cleantech Open, a not-for-profit organization that runs the world’s largest accelerator for clean technology startups.

For more information on Puget Technologies, visit www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Announces Move to Englewood, CO

January 6, 2015

Puget Technologies announced today that it has relocated its corporate headquarters to Englewood, Colorado, where key members of the company’s new management team reside.

Puget Technologies is now located at 8310 S. Valley Highway, Suite 300, Englewood, Colorado. The new location is within the greater Denver-Aurora Metropolitan area.

Larson Elmore, president and CEO of Puget Technologies, stated, “This relocation is part of our broader strategy to position Puget Technologies to identify and capture diverse market opportunities. Our plan is to expediently build a portfolio of acquired businesses with existing technologies that can be monetized to provide more effective solutions to address some of the major concerns of the world. Moving on this momentum, we have several other developments underway and are very excited for the upcoming year.”

For more information on the company, visit www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Appoints Valentine of Houston President

March 26, 2014

Puget Technologies announced that Chief Executive Officer Ron Leyland has appointed Gary J. Valentine of Houston, Texas as president. Concurrent with this appointment the company is moving its headquarters from Ft. Lauderdale, Florida to a site in the west Houston area. PUGE is an emerging leader in the 3D printing market.

“As Puget’s subsidiary, Weistek USA, gears up to launch sales, service and support for the IdeaWerk high performance printer in North America, Gary’s experience in executive leadership, strategic planning and organizational development will be a great asset,” said Leyland.

Valentine said, “With the 3D space for the consumer market being so new, it is exciting to imagine 3D printing in the future.” He added, “My vision is to nurture this emerging sector and help create the best possible consumer experience, resulting in a future where this technology becomes a household product in widespread use.”

Valentine’s experience includes working in executive management, business development and large scale process structuring for the past twenty years. Additionally, he has been active in a variety of other disciplines such as technology, finance and accounting, energy, science, and aerospace. Before joining Puget, Valentine was responsible for developing sales and recruiting processes, boosting profitability, and identifying new markets and potential acquisitions for an outsource solutions company, where he served as Executive Vice President and Partner.

Now 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 expectations of the investment community.

For more information about the company visit www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Announces Success of Beta Testing Program

March 20, 2014

Today, Puget Technologies announced the success of its beta testing program for the IdeaWerk high-performance 3D printer. The news comes after Shenzhen Weistek, an award-winning manufacturer of personal 3D printers and printing accessories, recently named Weistek USA, a subsidiary of Puget Technologies, as the exclusive domestic sales, service, and support provider for all of Weistek’s product lines.

“We are pleased with the progress we have made in developing a 3D printer that will appeal to hobbyists and do-it-yourselfers for personal at-home use,” said Ron Leyland, President and CEO of Puget Technologies. “We are very appreciative of the enthusiastic people who provided meaningful feedback and helped us in shaping the best possible customer experience.”

Puget Technologies’ engineering team had been working with engineers at Shenzhen Weistek for product enhancements. It is now heading back to the United States after their week-long collaboration with Shenzhen Weistek’s team members in China. Puget Technologies is waiting on the arrival of the first 3D printer units.

According to 3ders.org, the United States is expected to be the largest 3D printing market in the world. It is projected to account for 42 percent of global sales in 2017. Furthermore, it is projected that global demand for 3D printing will increase more than 20 percent each year through 2017. Puget Technologies looks forward to capitalizing on this projected growth.

For more information about the company visit www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Partners with Shenzhen Weistek in Service Center Deal

March 17, 2014

Puget Technologies, a 3D printing technology company, announced today an exclusive partnership with Shenzhen Weistek Company, the manufacture of award-winning personal 3D printers and printing accessories. This agreement makes Puget’s subsidiary, Weistek USA, the exclusive domestic sales, service and support provider for all of Weistek’s product lines.

Puget is the first and only third-party company to support Shenzhen Weistek’s product line. Services will include fulfillment, returns management, and a multi-channel customer care model featuring phone, internet, and social media customer support. This agreement takes into consideration all products destined for delivery and distribution in the U.S., including those sold under the brand Weistek USA and additional distribution partners as added.

“To be the first U.S. partner for Shenzhen Weistek represents a huge opportunity and a great testament to Puget’s operational and marketing capabilities, as well as demonstrates Weistek’s global ambitions,” said Ron Leyland, President and CEO of Puget Technologies, commenting on the exclusivity of the deal. “Our agreement should be viewed as the framework of an expanding relationship. As the IdeaWerk 3D printer explodes in popularity, we are now in a position to bring the best possible customer experience to the U.S. market.”

The IdeaWerk 3D printer was pleased to receive the “Best Annual 3D Printer” award at the International Consumer Electronics Show in Las Vegas earlier this year at the “2013 – 2014 Global Interconnection Devices Top 10” awards ceremony. The pre-order North American release date is set for March 25, 2014.

Headquartered in Ft. Lauderdale, Florida, Puget Technologies acquires, develops, and sells leading-edge consumer oriented products ready for expedient commercialization. A considerable amount of its resources are dedicated to research and development in order to deliver to consumers quality options while meeting the expectations of its shareholders.

Shenzhen Weistek Company specializes in the development and manufacturing of high performance 3D printers and related products for the consumer market. Since its founding, Shenzhen Weistek has developed three generations of 3D printers with intellectual property rights and a variety of environmentally friendly 3D printing materials.

For more information about the company visit www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Selects First Brand Ambassadors and Seeks Feedback on IdeaWerk 3D Printers

March 13, 2014

Today, Puget Technologies announced that it had selected its first group of brand ambassadors. For brand ambassador candidates, the company had drawn on select enthusiasts from a core segment of the “maker” culture. Puget Technologies reported that these ambassadors will not only serve in brand representative roles, but also help drive company efforts through their creative and design insights.

The company also expressed its plans to give IdeaWerk high-performance 3D printers to these brand ambassadors as part of a program to obtain user input and 3D printer feature feedback. Puget Technologies noted the program’s creation for providing “maker to manufacturer” feedback in lieu of the 3D printer’s upcoming North American release.

“We welcome our Brand Ambassadors and look forward to their feedback as we make preparations for the domestic rollout of the IdeaWerk 3D high performance printer,” said Ron Leyland, President and CEO of Puget Technologies. “Puget strongly supports the vibrant sharing and exchange of ideas that is taking place within the 3D community. We encourage the growth of these networks as the industry expands, with the ambassador program evolving within these channels.”

One of Puget Technologies’ subsidiaries, Weistek USA is working with Shenzhen Weistek to expand its distributor and support capacities for the 3D printer product line in the United States. International Data Corporation, a market intelligence provider, projects that shipments of 3D printers should grow tenfold between now and 2017. Puget Technologies believes that it is well-positioned to take advantage of this anticipated market growth.

More information about Puget Technologies can be found at: http://www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Announces Partnership with Shenzhen Weistek

March 10, 2014

Today before the opening bell, Puget Technologies announced the formation of a strategic partnership with Shenzhen Weistek for manufacturing, marketing, and distribution of 3D technology in the United States.

Puget Technologies and Shenzhen Weistek will collaborate through Puget Technologies’ newly formed subsidiary, Weistek USA. According to the terms of the agreement, the companies will jointly collaborate on product development, manufacturing, and marketing of Shenzhen Weistek products, including the award-winning IdeaWerk high-performance 3D printer, to consumers and “prosumers” in the United States. With the partnership, Shenzhen Weistek has also agreed to brand all of its products designated for delivery and distribution in the US under the brand Weistek USA.

The United States is said to be the world’s largest “consumer and prosumer market”. Puget Technologies notes that the partnership will strengthen marketing and selling efforts of high-quality 3D technology as well as well as provide full customer support processes.

“Trends like 3D printing and digital designs for physical objects are creating a ‘new universe of creativity’ and transforming what consumers expect and need. I’m optimistic about Shenzhen Weistek and Puget working together to take on these exciting challenges,” said Ron Leyland, President and CEO of Puget Technologies. “By leveraging each other’s experience, we will deliver the highest standards in performance, reliability and service. Puget intends our Brand Ambassadors to be the first customers of the Weistek USA’s distribution of the IdeaWerk printers.”

More information about Puget Technologies can be found at: http://www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Stands to Become Part of 3D Technological Revolution

March 6, 2014

Today, Puget Technologies announced the posting of an infographic detailing the impact and future of 3D printing on its website. The infographic can be viewed at: http://pugettechinc.com/theimpactof3dprinting.

The announcement comes as Puget Technologies is preparing to bring-to-market its IdeaWerk high-performance 3D printer for the United States marketplace via its subsidiary, Weistek USA. The news release notes that 3D printers may have the same disruptive technological impact that the Internet had on the way people share information and communicate. The potential for the technological revolution to occur into people’s homes, offices, and schools could also be a noteworthy difference that stands out in history.

“While 3D printing in industrial and commercial settings initially drove industry growth, this amazing technology is now within reach of individual consumers and small businesses,” said Ron Leyland, President and CEO of Puget Technologies. “With its fully featured, high-performance products, Weistek USA is poised to become a leading manufacturer of personal 3D printers.”

This technology is still in its infant stage. However, Puget Technologies notes that it can be particularly disruptive for individual entrepreneurs and the barriers they face to market entry. With 3D printing, they can develop and test prototype models with low financial risk.

For more information on Puget Technologies, visit: http://www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Prepares for Finalizing Agreement with Weistek as Engineering Team Heads for China

March 4, 2014

Today before the opening bell, Puget Technologies announced that its wholly owned subsidiary, Weistek USA, will be sending a team of engineers to begin working with the Weistek engineering and manufacturing teams in China. The trip is part of a coordinated step in preparation for the domestic distribution of the award-winning IdeaWerk 3D “prosumer” printer. Puget’s team will also discuss promising product roadmap initiatives and strategies with company leaders to address future opportunities.

Puget recently held the first in a series of interactions with its group of brand ambassadors for the IdeaWerk 3D printers and will use this feedback as part of the collaboration with the team in China.

“As we look toward to formalizing our corporate relationship, we are working closely with the Weistek leadership to refine and enhance the consumer experience with the IdeaWerk line of 3D printers,” stated President and CEO of Puget Technologies Ron Leyland, noting that Puget is uniquely positioned with its cross industry experience to best understand the consumer demands in the retail setting. “This new product line will be a catalyst for our business and allow for future expansion to meet the growing demand in the 3D space.”

According to today’s press release, the Weistek USA engineers will be discussing sustainable packaging solutions, software configurations for remote diagnostics, quality controls, and customer support processes for the US market. This comes on the heels of Weistek conducting these conversations with distribution centers in European, Middle Eastern, African, and Pan-Asian markets.

The Weistek USA team is making preparations for operational and product logistics in preparation for the final agreement between the parties as expected later this month.

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Puget Technologies, Inc. (PUGE) Offers Advancements in 3D Printing

March 3, 2014

Less than three decades after the first working 3D printer was created, this printing innovation has spread to almost all industries. 3D printing is now used in prototyping, manufacturing, construction, aerospace, healthcare, and even agriculture, where attempts are being made to print food.

According to a MarketsandMarkets report, the 3D printing market is poised for a surge of growth in coming years. By 2020, the industry is expected to hit $8 billion and beyond. Emerging innovation, advances in technology, shrinking time-to-market frames, expiring patents, and heavy government investment are contributing to this growth. The increased availability of workable 3D printing devices is pushing companies to expand development to meet demand but, most importantly, the reality of 3D printing technology in the hands of common household users has set the market on fire.

Companies and investors who get into the market early have a better chance of maximizing their return on investment and, realizing this, Puget Technologies has gotten in on the ground floor.

Puget Technologies seeks to spark imagination by improving access to 3D image prototyping and printing, innovation by providing the most advanced printing hardware solutions, and ideation by making 3D printing accessible and fun.

The company offerings fall under the categories of products, software and technology.

• The My3DP printer series has the most advanced print head technology and a minimalist design. The series is also priced affordably and energy efficient. Most of all, it is simple to use when compared to other devices available in the market.

• My3DP.com provides a unique user experience and allows designers of all levels to network. The website seeks to be a hub where users can showcase, share, and sell their work and also dialogue about developments and advancements in 3D printing.

• SnapSearch, which is currently in development, is a smart phone app that allows users to take a picture of an image or scan a UPC symbol to search the company’s database of 3-D source files.

• Puget’s groundbreaking PrintSnaptic software bundle is the company’s design tool with an image library that can accessed from any device at any time.

More information about Puget Technologies and its business segments can be found at: www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Seeking Strategic Partnerships for Supply Chain Services

February 24, 2014

Puget Technologies reported that it is seeking more supply chain partnerships for customer servicing and domestic direct-to-consumer fulfillment solutions. In line with its mission to deliver seamless, integrated customer services, the company is looking for quality partners to strengthen its customer service operations, including among US-based customer service agents and accessories fulfillment.

“We’re pursuing partner companies with a track record of delivering high performance results and customer-centric approaches that parallel ours,” said Ron Leyland, President and CEO of Puget Technologies. “This initiative is a major priority for Puget, since customer value is based on the ability to develop and operate an effective supply chain, and companies employing effective supply chain methods experience greater profits and higher shareholder value.”

According to Bain & Company, companies which use sophisticated supply chains enjoy as much as 12 times greater profit than companies with unsophisticated supply chain methods. With this reality in mind, Puget Technologies will be posting a formal Request for Proposal (RFP) solicitation and details on its website in the next two weeks.

More information about Puget Technologies and its business segments can be found at: www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Developing New Social Platform for User Interaction and Global Engagement

February 18, 2014

Today before the opening bell, Puget Technologies announced that it is developing a new social platform for 3D printer users to interact and share their 3D creations with the world. The platform will consist of a digital 3D consumer community and network of integrated 3D scan-based designs, freeform models, and go-to resources.

Puget Technologies plans the release of this online platform in coordination with Weistek USA’s release of the IdeaWerk 3D high-performance printer in the United States in Q2 2014.

“The digital destination addresses the growing need for people to express their personal identity through the objects that exist in their living and workspaces,” said Ron Leyland, President and CEO of Puget Technologies. “The site will engage the enthusiasts as well as the consumers who are new to desktop 3D printing and allow them to experience a new level of creativity, inspiration, and collaboration. Of course, the platform will add to the functionality of the Weistek USA IdeaWerk 3D high-performance printer by serving as a resource for all things in the 3D printer environment.”

Since the IdeaWerk is a “plug and make” modular product, users will be able to go to the online platform and select from a variety of designs for creative inspiration. The platform will also have a blog for disseminating tips and protocol on best 3D printer creation practices for users of all experience and skill levels. Puget Technologies says it plans to announce the platform’s name sometime in Q2 2014 as well.

For more information, visit: www.pugettechinc.com

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Puget Technologies (PUGE) Announces Ambassador Program

February 13, 2014

Puget Technologies has announced it is officially launching a new ambassador program this week and is seeking beta testers for the Weistek USA IdeaWerk high performance 3D printer to promote the brand and provide outreach on a grassroots level. This program will provide “maker to manufacturer” feedback in preparation of the printer’s North American release. The Weistek USA Brand Ambassador Program will select enthusiasts from the core segment of the “maker culture” who will not only embrace the ambassador representation, but also share their unique insights, designs, and creative ideas.

“The maker community embodies shared learning motivated by enjoyment, creativity and self-realization,” said Ron Leyland, President and CEO of Puget Technologies. He added, “Puget Technologies strongly believes in this community interaction; we expect the Brand Ambassador Program to take on a life of its own and evolve into a channel for information sharing and exchange of ideas that will enhance these communities across the nation.”

The IdeaWerk 3D printer reflects the best recent technology advancements in performances and software, introducing features that inspire 3D users to download, edit, and create unique products.

Persons interested in applying for the Weistek USA Brand Ambassador Program are invited to visit www.weistekusa.com/ambassadors.html.

Publicly traded Puget Technologies is headquartered in Ft. Lauderdale, Florida. The company acquires, develops, and sells 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 investor expectations.

Puget Technologies provides more information on its business segments at http://www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Establishes Timeline for High-performance 3D Printer

February 10, 2014

Puget Technologies today announced the upcoming pre-order and product launch of the Weistek USA IdeaWerk high-performance 3D printer. The 3D printer’s pre-order release date is set for March 25, 2014 in North America.

“Our development team is working hard to ensure consumers have an unparalleled 3D printer experience,” said Ron Leyland, President and CEO of Puget Technologies. “The highly advanced IdeaWerk 3D printer delivers on the promise of a superior product at an affordable price, with other soon-to-be-announced innovations consumers will appreciate.”

The 3D printer market is expected to double year-over-year by 2017. During the next 90 days, the company will be engaging in the final stages of development and establishing the Weistek USA Call Center for handling consumer orders and inquiries. Also, testing of the company’s PrintSnaptic℠ software bundle will be underway for ensuring that users are able to use this 3D printer effortlessly.

Weistek USA expects to make announce the launch of a Brand Ambassador program within the next few weeks as well.

Some of the high-performance 3D printer’s features include:

• Delivery of a modular product which can be easily assembled in minutes
• Full metal body and wear-resistant construction
• Touchscreen interface
• Up to 120 hours continuous print speed

For more information, visit: www.pugettechinc.com

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Puget Technologies (PUGE) Opens Job Positions, Seeks Applicants with High Tech Skills

February 7, 2014

Puget Technologies, an emerging leader in 3D printers and related technologies, this morning announced openings for software programmers, autoCAD designers, graphic designers, and related IT professionals. The announcement comes as Puget prepares for the distribution and sales of its high performance 3D printer in the US consumer market through a new division, Weistek USA.

“We are looking for the makers of tomorrow. Puget is seeking innovators with strong technical skills who want to be associated with products that directly impact the consumer experience.” said Ron Leyland, President and CEO of Puget Technologies. “We welcome applicants who embody the inventive spirit of this exciting industry and desire to grow along with our rapidly expanding company.”

Puget plans to add the majority of staff in 2014 and is asking interested persons to visit http://www.weistekusa.com/careers.html for details and to submit an application.

For more information on Puget Technologies, visit www.pugettechinc.com

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

February 5, 2014

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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Puget Technologies, Inc. (PUGE) Files for Trademarks on Phone App, Software Bundle for 3D Printing

February 3, 2014

Puget Technologies, focused on acquiring, developing, and selling cutting-edge consumer-oriented products ready for rapid commercialization, has filed with the U.S. Patent and Trade Office for trademarks related to its SnapSearch℠ phone app and PrintSnaptic℠ platform.

Aligned with high, industry-wide expectations for the 3D printing market, Puget is preparing to release its first high-performance 3D printer and supporting technologies, such as SnapSearch and PrintSnaptic, for the U.S. consumer market.

“As the 3D printing industry continues to develop, consumers will progress from merely being curious about the technology to finding reasons to buy,” Puget president and CEO Ron Leyland stated in the news release. “We are working hard to offer an attractive price point, great functionality and applications to attract these first time buyers.”

The SnapSearch smart phone app allows the user to take a picture of an image or scan a UPC symbol to search its database of 3D source files, making royalty-free and licensed product images more widely available.

The PrintSnaptic software bundle allows the user the ability to upload and download images for 3D printing. With the ability to see and edit images right on the screen, users can take 3D creativity to a new level.

3D printing will enable the user to produce a variety of items such as jewelry, small domestic goods, and other unique items at home. Puget said it plans to leverage rapidly growing interest in personal 3D printing to make its products available to the average consumer at an attractive price.

For more information, visit www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Developing Printer Enhancements for Domestic Consumer Marketplace

January 27, 2014

Today before the opening bell, Puget Technologies announced that it is developing a series of enhancements for the soon-to-be-released 3D printer. The company has been developing these enhancements in collaboration with international 3D printer manufacturer Weistek, and the enhancements include an enriched out-of-box experience and ease of use for first-time consumers and product enthusiasts.

President and CEO of Puget Technologies Ron Leyland said, “The 3D printer industry is creating excitement in the consumer market, and the enhancements being developed by our engineering team will allow users to become instantly creative with their new equipment and add tremendous value to an already excellent product.”

The 3D printer market is slated to reach $4 billion next year, signifying growth in consumer demand for these innovative, turn-of-the-century products. Puget Technologies is working to bring the next step of its 3D market penetration to fruition: completion of the enhancements and then entering them into the stage of beta testing. The enhancements, along with sales and support channels, are expected to be completed in the coming weeks in anticipation of a consumer beta test prior to the end of the first quarter of 2014.

Puget Technologies says that the enhancements will consist of innovative developments to its software that will enable quick and effortless consumer operation of the product. Recently, Weistek, Puget Technologies’ collaboration partner, received the “Best Annual 3D Printer” award as part of the “2013-2014 Global Interconnection Devices Top 10” ceremony at the International Consumer Electronics Show in Las Vegas. This event is the world’s largest technology event, and Weistek’s 3D printer was praised for the following features and benefits: its ease of use, its compact and portable hardware, its solid metal body to ensure stable performance, and its ability to perform up to 120 hours of continuous printing.

For more information, visit: http://www.pugettechinc.com

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Puget Technologies (PUGE) Signs Updated MOU with Weistek for Stronger 3D Printer Market Penetration

January 22, 2014

Today before the opening bell, Puget Technologies announced that it and international 3D printer manufacturer Weistek have signed an updated memorandum of understanding (MOU). The updated MOU strengthens both companies’ collaborative efforts for intensified domestic market distribution and services.

President and CEO of Puget Technologies Ron Leyland said, “A definitive contract with Weistek is in the works which will solidify our strategy to deliver the highest quality 3D consumer market technology.” He added, “Our engineering team is focusing on developing a user-friendly platform that will present an enjoyable and successful experience for consumers and enthusiasts.”

The MOU features additional terms that are specific to the joint venture between Puget Technologies and Weistek for development of new product and software enhancements for enhanced user experiences. Those efforts also include improvement of sales and support channels. The company noted that it was not disclosing the terms of the agreement at the time of this announcement.

Puget Technologies plans to break into the U.S. 3D printer market in the next fiscal quarter, offering end users a highly affordable but high-performance printer and related production parts. Printer and related software enhancements are expected to be completed in the next few months, and new features will include an enhanced “out-of-box experience” for all categories of consumers.

Public demand for the printers is growing, as the 3D printer market is slated to approach $4 billion next year. With its agreement with Weistek in place, Puget Technologies will be in a position to start growing to new levels of market competitiveness.

For more information, visit: www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Benefiting from Expected Tech Industry Growth as Plans for 3D Printer Rollout Continue

January 16, 2014

Puget Technologies reported today that it is making progress in its plans to roll out its unique line of high-performance 3D printers in the U.S. market. The company continues to make headway in its talks with Weistek, an award-winning 3D printer manufacturer, for acquisition of its first order of 3D printers for American consumers. Weistek recently won the “Best Annual 3D Printer” award at the “2013-2014 Global Interconnection Devices Top 10” ceremony, which took place at the International Consumer Electronics Show in Las Vegas, Nevada. The International Consumer Electronics Show is known as the world’s largest technology event.

As its progress continues, Puget Technologies is benefiting from expected gains in the tech industry in the future. USA Today recently reported the tech industry has an excellent outlook, estimating profits among technology companies in the S&P 500 index to be 9.3% higher than last year. The newspaper also noted that net profits for tech companies are expected to increase by 5.5%, and U.S. corporate profit operating margins are expected to reach a wholly new record high of 10% of revenues in 2014.

President and CEO of Puget Technologies Ron Leyland said, “The favorable earnings forecasts among tech companies along with the phenomenal growth projected for the 3D printer industry makes our prospective relationship with Weistek very encouraging.”

For more information, visit: www.pugettechinc.com

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Puget Technologies Inc. (PUGE) CEO Visiting Weistek’s Manufacturing Facility in China; Negotiating Final Agreement

January 13, 2014

Puget Technologies, a publicly held company aiming to acquire, develop, and market leading-edge, consumer-oriented products, announced today that its CEO, Mr. Ron Leyland, and his team will be visiting the manufacturing facility of the award-winning international 3D printer manufacturer Shenzhen Weistek. During the visit, Mr. Leyland will be negotiating the details of the final agreement between Puget Technologies and Weistek, as well as discuss how the 3D printing industry is increasing cost-effectiveness and competitiveness across the globe.

Mr. Leyland said, “As 3D printing continues to move into the mainstream market, Puget Technologies anticipates taking a leadership position in the industry by delivering high performance, user-friendly, and affordable products to consumers.” Recently, the company executed a memorandum of understanding with the Chinese company with details for acquisition.

The visit to China is a follow-up to meetings between the two companies at the International Consumer Electronics Show (CES) in Las Vegas, the world’s largest technology event. There, Weistek was awarded the “Best Annual 3D Printer” award, which is a distinction given as a part of the event’s “2013 – 2014 Global Interconnection Devices Top 10” awards ceremony. More than 3,200 and an average of up to 150,000 participants are said to be a part of the show each year.

The memorandum of understanding was Puget Technologies’ first step forward in entering into the 3D printer market, a critical development in its plan to become an established market leader in different facets of that global marketplace.

More information about Puget Technologies and its progress can be found at: www.pugettechinc.com

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Puget Technologies (PUGE) Applauds Weistek for Winning ‘Best Annual 3D Printer’ Award at CES Show

January 10, 2014

Today before the opening bell, Puget Technologies excitedly announced that Shenzhen Weistek received the “Best Annual 3D Printer” award at the International Consumer Electronics Show (CES) in Las Vegas. The honor was given as part of the “2013 – 2014 Global Interconnection Devices Top 10” awards ceremony. A high point of the massive trade show, the ceremony took place before 3,200 exhibitors from 150 countries and media from around the globe.

Notably, Puget has executed a memorandum of understanding (MOU) with Shenzhen Weistek, an intelligent equipment manufacturer, for the acquisition of high performance 3D printers for the consumer market. The MOU represents the first steps in Puget’s business strategy to enter the market by offering affordable high performance 3D printers and related production parts.

President and CEO of Puget Technologies Ron Leyland said, “We are extremely pleased to be working with this industry leader and congratulate Weistek as it receives this distinguished award. We look forward to continuing to attract the eyes of the world as we bring this revolutionary technology to the consumer market.”

For more information about Puget’s 3D printer division, visit www.pugettechinc.com

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Puget Technologies, Inc. (PUGE) Signs MOU with International 3D Printer Manufacturer Shenzhen Weistek

January 8, 2014

Puget Technologies, a company focused on acquiring, developing, and marketing consumer-oriented products, has entered into a memorandum of understanding (MOU) with Shenzhen Weistek, an international manufacturer of advanced 3D printers for the consumer market.

According to Wohlers Associates, a leading firm studying 3D printing and its market potential, global sales of 3D printing products and services is expected to hit $6 billion within four years.

The MOU with represents the first step of Puget’s strategy to enter the 3D printer market by offering affordable high-performance 3D printers and related production parts. Puget’s broader mission is to become a recognized market leader in each of the following key focus areas: personal 3D printers, 3D image library availability, and licensed image access.

“We are pleased to be entering this first phase of our strategy to meet the growing demand for consumer lines of 3D printers and associated products,” Ron Leyland, president and CEO of Puge, stated in the news release. “Still in its infancy, this market is poised to experience phenomenal growth with a healthy portion coming from the consumer and amateur segment.”

Weistek is currently exhibiting its 3D printing technology at the annual global electronics and consumer technology show, International CES in Las Vegas.

For more information, visit www.pugettechinc.com

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