HOUSTON — (BUSINESS WIRE) — October 29, 2015 — Changing Technologies, Inc. (OTCBB: CHGT) could be about to enter the motion picture business as it is currently engaged in talks with a studio concerning 3D printing of props and other related items.
“There’s no business like show business, and as far as the 3D printing of props, CHGT is definitely ready for its close-up,” said company CEO Marco Valenzuela, channeling Hollywood legend Gloria Swanson. “Our considerable experience in the entertainment industry makes CHGT an attractive creative partner. We have the tools and the talent that can help studios have audiences gazing at the screen in wonder and amazement. Americans have always loved movies and with the 3D printing technology available today, we can make true magic. If completed, we expect more deals like this going forward.”
With Americans spending an estimated 5.2 percent of their annual budgets on entertainment ( an average of nearly $2,600 per year), movies have become big business. Of course, Hollywood famously churns out hundreds of movies per year (each using props) to meet that demand, with many motion pictures costing tens of millions of dollars to produce. However, there are also independent moviemakers who film not only studio releases, but made-for-TV movies, documentaries and direct-to-video productions.
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 — 6thDimension 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
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 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.
Changing Technologies, Inc.
Marco Valenzuela, 713-300-3806
President and CEO