Puget Technologies (OTCBB: PUGE) said it has launched a new division that will acquire existing companies in the rapidly expanding 3D printing market.
Puget has begun discussions with several potential acquisition candidates who have existing 3D printers or provide required printing supplies and accessories.
CEO Ron Leyland said, “In the not too distant future, instead of shipping a physical item, retailers will simply transfer ´blueprints´ straight to our 3D printers, resulting in instant delivery of an almost endless number of goods.”
A 3-D printer, which has nothing to do with paper printers, creates an object by stacking one layer of material – typically plastic or metal – on top of another; much the same way a pastry chef makes baklava with sheets of phyllo dough.
Puget Technologies has launched a completely revamped website providing more information on its business segments at http://www.pugettechnic.com.
Headquartered in Ft. Lauderdale, Florida, Puget Technologies acquires, develops and sells leading edge consumer oriented products ready for rapid commercialization.