HOUSTON–(BUSINESS WIRE)–Changing Technologies, Inc. (OTCQB: CHGT) looks to purchase a robust new
3D printer with the idea of entering into the increasingly popular
miniatures, table-top and role-playing game figurine markets.
“Miniatures and figurines are a key subset of the overall toy market,”
said CHGT CEO Marco Valenzuela. “We want to grab a share of that
expanding market by designing and 3D printing miniatures and figurines
for hobbyists, collectors and gamers. Right now, we’re looking at
purchasing a versatile, powerful printer that will enable us to ramp up
custom production of these items for sale at shows, conventions and
through our 3D printing portal. Combined with our recent
outreach to cosplayers and to video
gamers, we hope to carve a substantial market niche that will
generate a strong future revenue stream.”
As the U.S. economy recovers from the 2008 recession, Americans are
finding themselves with
more disposable income. Areas where consumers are spending more
money are hobbies, toys and games. Total annual game spending recently
topped $700 million and analysts think it could soon reach $1
billion. Broken down by category, collectible games brought in the
largest share at $450 million; miniatures represented a $125 million
slice of the overall market while role-playing games totaled $15 million.
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).
Notice Regarding Forward-Looking Statements
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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,”
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Changing Technologies, Inc.
Marco Valenzuela, 713-300-3806