Obama Administration Prioritizing 3D Printing
HOUSTON--(BUSINESS WIRE)-- As cutting-edge technology company Quantum International Corp. (OTCBB: QUAN) becomes increasingly involved in the potentially lucrative 3D printing market, the President of the United States is prioritizing the advancement of an innovative manufacturing agenda.
Business Facilities magazine reports that President Barack Obama has announced the creation of the National Network for Manufacturing and Innovation (NNMI), a $1 million proposal to create institutes across the nation to serve as regional hubs of manufacturing excellence that will help make U.S. manufacturers more competitive and encourage investment in the U.S.
Accelerating the innovative manufacturing trend via 3D printing is working, as Obama said in a recent State of the Union address: "A once-shuttered warehouse is now a state-of-the-art lab where new workers are mastering the 3D printing that has the potential to revolutionize the way we make almost everything."
With validation by President Obama and the fact that the 3D printing market is projected to reach $5.2 billion by 2020, Quantum International CEO Robert Federowicz foresees big potential profits from the innovative technology.
"3D printing is coming along at just the right time," Federowicz said. "3D printing keeps manufacturing jobs in the United States and we are just beginning to realize the profit-making potential this technology possesses."
For more information on Quantum International's technology initiatives, please visit www.quantuminnovators.com/investors.html.
In addition to seeking partnership into the 3D printing market, Quantum International Corp. is working on a number of innovative projects, including the development of cutting-edge iPad cases to compete in a booming global tablet accessories industry alongside Apple Inc. (NAS: AAPL) and Logitech International SA (NAS: LOGI) .
About Quantum International Corp.
Quantum International Corp. (OTCBB: QUAN) is a forward-thinking technology company working to commercialize the next generation of sophisticated, user-friendly technology. The Company is positioning itself to develop, deliver and market the premier innovations in tablet accessories and 3D printing in order to leverage the worldwide demand for the precision, speed and cost effectiveness these technologies offer.
For more information about Quantum International Corp., please visit www.quantuminnovators.com/investors.html.
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.
Quantum International Corp.
Robert Federowicz, 832-308-1260
President and CEO
KEYWORDS: United States North America Texas
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