|[July 24, 2014]
CHGT Signs LOI with Cutting Edge Technology Company
HOUSTON --(Business Wire)--
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
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
"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 Technolgies, 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.
[ Back To Cloud Computing 's Homepage ]