Puget Announces Success of Beta Testing Program

Company engineering team making final recommendations for 3D printer enhancements

FT. LAUDERDALE, Fla.--()--Puget Technologies (OTCBB: PUGE), an emerging leader in 3D printing technologies, announces the success of its beta testing program for the IdeaWerk high performance 3D printer. Puget’s engineering team is returning from China following a successful week of meetings with engineers at Shenzhen Weistek Company to make final enhancements.

Shenzhen Weistek, an award-winning manufacturer of personal 3D printers and printing accessories, recently named Puget’s subsidiary, Weistek USA, as the exclusive domestic sales, service and support provider for all of Weistek’s product lines.

Puget is expecting the arrival of the first units, which have been manufactured according to the engineering team’s recommendations and will place them into immediate testing in preparation for public pre-release.

"We are pleased with the progress we have made in developing a 3D printer that will appeal to hobbyists and do-it-yourselfers for personal at-home use,” said Ron Leyland, President and CEO of Puget Technologies. He added, "We are very appreciative of the enthusiastic people who provided meaningful feedback and helped us in shaping the best possible customer experience.”

According to 3ders.org, the largest 3D printing news site in the world, the U.S. will be by far the largest national 3D printing market in the world, accounting for 42 percent of global sales in 2017. World demand for 3D printing is expected to rise more than 20 percent each year through 2017.

About Puget Technologies (PUGE)

Headquartered in Ft. Lauderdale, Florida, Puget Technologies 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. Additional information about Puget Technologies is found at http://www.pugettechinc.com.

About Shenzhen Weistek

Shenzhen Weistek Company specializes in the development and manufacturing of high performance 3D printers and related products for the consumer market. Since its founding, Shenzhen Weistek has developed three generations of 3D printers with intellectual property rights and a variety of environmentally friendly 3D printing materials.

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.

Contacts

Puget Technologies
Ron Leyland, 954-332-2471
President and CEO

Release Summary

Puget Technologies (OTCBB: PUGE) announces the success of its beta testing program for the IdeaWerk 3D printer as its engineering team completes a successful week of meetings at Shenzhen Weistek.

Contacts

Puget Technologies
Ron Leyland, 954-332-2471
President and CEO