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Puget Developing 3D Printer Enhancements for U.S. Consumer Market

PUGE

Puget Technologies (OTCBB: PUGE) announces it has been collaborating with Weistek to develop a set of enhancements for its soon to be available 3D printer. These enhancements include an enriched out-of-box experience and ease of use for first-time consumers and product enthusiasts.

This effort is the next step for Puget in delivering on the promise of affordable, high performance 3D desktop printers for the consumer market. The enhancements, along with sales and support channels, are expected to be completed in the coming weeks in anticipation of a consumer beta test prior to the end of the first quarter of 2014.

Among the enhancements will be developments to the product’s software platform that will enable consumers to quickly and effortlessly begin using the product.

President and CEO of Puget Technologies Ron Leyland said, “The 3D printer industry is creating excitement in the consumer market, and the enhancements being developed by our engineering team will allow users to become instantly creative with their new equipment and add tremendous value to an already excellent product.”

Weistek recently received the “Best Annual 3D Printer” award as part of the “2013-2014 Global Interconnection Devices Top 10” ceremony at the International Consumer Electronics Show in Las Vegas, the world’s largest technology event. Among the key attributes of this model are ease of use, compact and portable hardware, a solid metal body to ensure stable performance and up to 120 hours of continuous printing.

With the 3D printer market approaching $4 billion next year, public demand for the products is expanding, with companies such as Stratasys (SSYS), 3D Systems (DDD), and ExOne (XONE) vying for consumers’ attention.

Puget Technologies recently launched an improved website providing more information on its business segments at http://www.pugettechinc.com.

About Puget Technologies (PUGE)

Puget Technologies is a publicly traded company on the OTCBB Market stock exchange under the ticker symbol PUGE. Headquartered in Ft. Lauderdale, Florida, Puget Technologies acquires, develops and sells leading edge consumer oriented products ready for rapid commercialization. Much of its resources are dedicated to research and development in order to provide consumers with quality options while meeting the expectations of its investors.

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," "anticipates," 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 future success. This news release only speaks as of the date of its distribution.



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