FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Puget Technologies (OTCBB: PUGE) today announced a strategic partnership with Shenzhen Weistek for manufacturing, marketing, and distribution of 3D technology in the US market.
Through Weistek USA, the companies plan to market, sell and provide full customer support processes for Shenzhen Weistek products, including the award winning IdeaWerk 3D printer. The collaboration will provide a more dynamic and unified customer experience for their software updates, consumer object design, and printer accessories.
“Trends like 3D printing and digital designs for physical objects are creating a ‘new universe of creativity’ and transforming what consumers expect and need. I’m optimistic about Shenzhen Weistek and Puget working together to take on these exciting challenges,” said Ron Leyland, President and CEO of Puget Technologies. “By leveraging each other’s experience, we will deliver the highest standards in performance, reliability and service. Puget intends our Brand Ambassadors to be the first customers of the Weistek USA’s distribution of the IdeaWerk printers.”
The strategic agreement between the companies means joint collaboration on product development, manufacturing and marketing of Weistek’s product line to the world’s largest consumer and “prosumer” market. Shenzhen Weistek also agrees to brand all of its products destined for delivery and distribution in the US under the brand Weistek USA.
About Puget Technologies (PUGE)
Puget Technologies is a publicly traded company on the OTCBB Market stock exchange under the ticker symbol PUGE. Headquartered in Ft. Lauderdale, Florida, Puget acquires, develops and sells leading edge consumer oriented products ready for rapid commercialization. Much of its resources are dedicated to research and development in order to provide consumers with quality options while meeting the expectations of its investors.
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," "anticipates," 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.
