Sigma Additive Solutions, a leading developer of in-process quality assurance software (UPQA) to the additive manufacturing industry, has announced that it has retained Lake Street Capital Markets as its financial advisor in connection with the Company’s consideration of a range of strategic alternatives designed to enhance shareholder value, including a possible strategic investment, acquisition, merger, business combination, or similar transaction.
There can be no assurance that this process will result in the Company pursuing a transaction or that any transaction, if pursued, will be completed. The Company has not set a timetable for completion of this process and does not intend to comment further unless or until the Board of Directors has approved a definitive course of action, the process has concluded, or it is determined that other disclosure is appropriate.
Sigma specializes in the development and commercialization of a real-time monitoring and analytic software known as PrintRite3D for 3D metal and polymer advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process, enabling significant cost-savings and production efficiencies by reducing waste, increasing yield, and shortening cycle times.
For more information: www.sigmaadditive.com