Massive Dynamics Negotiating to Acquire Cutting-Edge 3D Imaging Technology
CUPERTINO, Calif.--(BUSINESS WIRE)-- Massive Dynamics Inc. (OTCQB: MSSD) President Oscar Hines has returned from an outstanding trip to Rochester, NY to meet with Jonathan J Howard, founder and CEO of Real-View 3D. After a demonstration of the cutting-edge 3D imaging technologies developed by Real-View the two companies agreed on a framework for the acquisition of the technologies by Massive for inclusion into future product offerings from its PrintForge division. Upon the successful conclusion of the technology acquisition Mr. Howard would join Massive on a full-time basis as the Vice President of PrintForge.
Real-View 3D's capture technology is currently being utilized in its 360° 3D Desktop Scanner, a consumer level scanning system which produces highly detailed 3D imaging designed for e-commerce applications. 3D scanning systems are the next logical step in the additive manufacturing revolution and are a necessary component in the continued proliferation of 3D printers. Real View 3D has been developing a suite of 3D capture technologies and is poised to take advantage of the rapidly emerging 3D marketplace.
"We are thoroughly impressed with Jonathan and his team at Real-View," stated Oscar Hines, CEO of Massive Dynamics. "With their technical know how Massive Dynamics can bring a totally unique, first of its kind, product to market."
Further details of the Acquisition will be announced once a Definitive Agreement has been reached. The Acquisition of Real-View 3D will position the Company to compete with companies like 3D Systems Corporation (NYS: DDD) , The ExOne Company (XONE) and Stratasys Ltd. (NAS: SSYS) .
For more information please visit http://www.massivedynamicsinc.com.
About Massive Dynamics, Inc. (OTCQB: MSSD)
Massive Dynamics, Inc. is a Nevada corporation listed on the OTCQB under the trading symbol MSSD. The Company is an acquirer, developer and seller of leading edge consumer oriented technologies and products ready for rapid commercialization.
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 future success. This news release only speaks as of the date of its distribution.
Massive Dynamics, Inc.
Oscar Hines, 408-973-7857
KEYWORDS: United States North America California Nevada
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