CHGT Looks to Assemble Building Blocks for Future Partnership with Global Toy Maker
HOUSTON–(BUSINESS WIRE)–Changing Technologies, Inc. (OTCQB:CHGT) wants to offer its 3D printing
services to world-renowned toymaker LEGO to repair or replace broken or
missing pieces, bricks and blocks – a bold move the company believes
would produce a strong stream of revenues, if successful.
“We’re reaching out to LEGO to explore ways to work together,” said CHGT
CEO Marco Valenzuela. “LEGO not only makes the famous interlocking
bricks and blocks, but also a near-infinite variety of minifigure
collector sets based on real-life
places, themes,
movies
and video games. When a customer loses or breaks a minifigure piece, it
can be difficult to replace. So we’d like a license from LEGO to 3D
custom-print replacement bricks or repair broken ones. There’s a
tremendous market for replacements and the revenue possibilities are
immense.”
LEGO is a privately held Danish company not required to release sales or
revenue figures. However, one LEGO enthusiast claims that 60
million bricks were produced in 2014 and since the company’s first
brick in 1949, more than 600 billion have been purchased worldwide. In
addition, a brand evaluation company recently declared that LEGO
has overtaken Italian carmaker Ferrari as the
world’s most powerful brand.
Analysts peg overall global
toy sales at $84 billion, with the U.S.
reaching $18 billion.
For more information on CHGT, please visit www.changingtechno.com.
For more information on 6th Dimension Technologies, visit http://www.6d3d.com.
About Changing Technologies, Inc.
Changing Technologies, Inc. (CHGT) 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. A forward-thinking company working to be at
the forefront of the next generation of consumer-based technology, CHGT
is positioning itself to leverage global demand for the latest
technological advances and services the company offers. Changing
Technologies, Inc. is in the cutting-edge technology sphere alongside
companies like Voxelijet AG (VJET),
Arcam AB (AMAVF),
and ExOne Co. (XONE).
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Contacts
Changing Technologies, Inc.
Marco Valenzuela, 713-300-3806
President
and CEO
marco@6d3d.com
