3D Printing Market to Triple by 2018
Aug 27th 2013 6:13AM
Updated Aug 27th 2013 6:14AM
3D Printing Market to Triple by 2018
HOUSTON--(BUSINESS WIRE)-- With Citi analyst Kenneth Wong releasing a bullish note projecting the market for 3D printing and related services to triple by 2018, Quantum International Corp. (OTCBB: QUAN) is eyeing big future profits for its investors in the 3D printing market.
The expiration of key patents in 2014 is an indicator that 3D printing is going to explode. 3D printers will soon cost less than a PC, and the challenge of learning how to model things in 3D will dissipate because users will have the ability to copy them using inexpensive, but effective 3D scanners. According to financial media outlet Benzinga, Wong says the printing and additive manufacturing market is nearing a point where much wider adoption will hit the consumer end market and affect upstream production applications.
"Kenneth Wong is projecting the 3D printing market to be worth over $6 billion in the next five years," Quantum CEO Robert Federowicz said. "This is an industry with unlimited growth and market potential we have every intention of tapping into."
For more information on Quantum International's technology initiatives, please visit www.quantuminnovators.com/investors.html.
In addition to seeking partnership into the 3D printing market, Quantum International Corp. is working on a number of innovative projects, including the development of cutting-edge iPad cases to compete in a booming global tablet accessories industry alongside Apple Inc. (NAS: AAPL) and Logitech International SA (NAS: LOGI) .
About Quantum International Corp.
Quantum International Corp. (OTCBB: QUAN) is a forward-thinking technology company working to commercialize the next generation of sophisticated, user-friendly technology. The Company is positioning itself to develop, deliver and market the premiere innovations in tablet accessories and 3D printing in order to leverage the worldwide demand for the precision, speed and cost effectiveness these technologies offer.
For more information about Quantum International Corp., please visit www.quantuminnovators.com/investors.html.
Notice Regarding Forward-Looking Statements
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 success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Quantum International Corp.
Robert Federowicz, 832-308-1260
President and CEO
KEYWORDS: United States North America Texas
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