HOUSTON — (BUSINESS WIRE) — July 24, 2014 — 6th Dimension Technologies, a wholly-owned subsidiary of Changing Technologies, Inc. (OTCBB: CHGT), announced today it has signed a letter of intent (LOI) with SumLin Technologies, LLC, a promising tech developer in a 3D printing sector that is experiencing unprecedented growth.
The LOI gives CHGT a period of exclusive negotiations investigating possible business relationships. By signing, 6th Dimension Technologies and CHGT are continuing to execute their strategy to acquire and form strong partnerships with a diversified base of 3D printing assets. As 3D printing continues to gain momentum with mainstream users, CHGT is focused on personalizing the cutting-edge technology for the consumer end user.
“This potential business relationship would allow us to continue to explore new opportunities and develop the best 3D printing innovations for consumers,” CHGT CEO Omar T. Durham said. “The personalized segment of the 3D printing market is experiencing exponential growth, and an opportunity to work with SumLin Technologies could be a potential game-changer for the Company.”
Changing Technologies, Inc. is an emerging technology company focused on developing innovative concepts to bring to consumers. It recently created a new subsidiary — 6th Dimension Technologies — to pursue additional growth areas and market needs in the booming 3D printing sector. Changing Technologies, Inc. is in the cutting-edge technology sphere alongside companies including Voxeljet AG (NYSE: VJET), Arcam AB (OTCBB: AMAVF), and ExOne Co. (NASDAQ: XONE).
For more information on CHGT, please visit www.changingtechno.com/investors.
About Changing Technologies, Inc.
Changing Technologies, Inc. (OTCBB: CHGT) is a forward-thinking company working to be at the forefront of the next generation of consumer-based technology. The Company is positioning itself to leverage the global demand for the latest technological advances and the services they offer.
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.
Changing Technologies, Inc.
Omar T. Durham, 713-300-3806
President and CEO