SEATTLE, WA, Feb. 26, 2018 (GLOBE NEWSWIRE) -- 3DX Industries, Inc. (OTC: DDDX) (the “Company” or “3DX”), a state of the art additive manufacturer specializing in 3D Metal Printing, provides the following update to its shareholders.
3DX is pleased to announce record revenue and production output from its manufacturing operations over the past year. Roger Janssen, President and CEO of 3DX Industries, states: “This past year of operations has returned record revenues from both our additive and subtractive manufacturing divisions. Previously, we announced the reduction of our debt obligations to better position the company for success. Going forward we are certain to see additional growth by continuing to increase our production resulting in higher revenues.”
In order to capitalize on emerging opportunities at the production level of binder jet additive manufacturing, the company plans to add a minimum of two additional 3D Metal printers and related support equipment to its production floor over the coming year. “There have been some exciting developments in 3D metal printing by major companies such as GE Additive; as published online by 3Dprint.com (https://3dprint.com/196881/ge-additive-binder-jetting/)” notes Mr. Janssen. “3DX is confident in its ability to take advantage of this rapidly growing segment within the manufacturing industry.”
In 2018, 3DX will be increasing its efforts towards the advancement and launch of certain proprietary components under development. “Our products contain parts engineered and designed specifically for binder jet additive 3D metal printing” notes Mr. Janssen. “Some of these products include; improvements in impellers, rotors and turbines, components and assemblies related to the processing of CBD oils and specific products for the medicinal and recreational marijuana sectors.”
3DX will be releasing regular updates throughout 2018 and encourages investors to visit our social media feeds at 3DX TWITTER and 3DX FACEBOOK to see posts of on-going operations and video clips of some of the exciting projects we are working on. Both social media feeds are available from the company’s official website at http://www.3dxindustries.com
About the Company: 3DX Industries, Inc. is focused on the additive metal manufacturing segment within the manufacturing industry. 3DX has the capability of manufacturing a wide variety of products using its 3D metal printing system, 3D composite printing as well as more traditional methods of precision manufacturing. 3DX offers additive and traditional manufacturing services as well as product design, engineering and assembly services to its customers.
About Binder Jet: 3DX uses an additive manufacturing process, otherwise known as three-dimensional printing which materializes an object—or mold for an object—layer by layer out of powdered material, a binding agent and a digital file. The process is also referred to as Binder Jetting Technology. Binder Jetting is a powder bed process, where a binder is used to selectively ‘print’ the desired part shape by adhesively joining the metal particles. After the jetting process, the green part is sintered in a furnace to burn off the binder and then an infiltrant, typically bronze, is melted and drawn into the part to fill in the remaining spaces within the sintered metal powder skeleton to create a dense component. The resulting parts combine properties from both the metal powder and the infiltrant.
Safe Harbor 3DX encourages those interested in our Company to rely only on information included in our filings. Statements released by 3DX Industries, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors as discussed in the company's filings. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
Visit the 3DX Industries, Inc. web site at www.3dxindustries.com. Information included on the Company's website is not incorporated herein by reference or otherwise.