Dec 31 2013
Puget Technologies makes a noteworthy step towards delivering on the promise of affordable 3D printing for personal use in the consumer marketplace with the announcement of plans to file patent and mark protection to protect intellectual property specific to the SnapSearch app and PrintSnaptic platform. Puget is developing these supporting technologies that will extend the usefulness of the My3DP personal printer.
"IP protection is a significant part of our go-forward strategy in the 3D printing space,” said Ron Leyland, President and CEO of Puget Technologies. "We understand the investment we must make to not only deliver a unique 3D printing platform, but to develop our supporting technologies. In 2014 alone, Puget forecasts 5.6 percent of its revenues in R&D. We are expected to protect the investment of our shareholders.”
3D printing has made the transition to producing unique consumer goods, allowing user creativity to constantly discover new applications for the technology. Puget plans to leverage the growing interest in personal 3D printing for crafting, jewelry, and domestic goods.
SnapSearch℠ was conceived as a smart phone app allowing the user to take a picture of an image or scan a UPC symbol to search its database of 3D source files, making royalty-free and licensed product images more widely available.
The PrintSnaptic℠ is a software bundle allowing the user the ability to upload and download images for 3D printing. With the ability to see and edit images right on the screen, users can take 3D creativity to a new level.
According to Gartner’s recent report, end-user spending on 3D printers is now forecasted to exceed $412 million this year, up 43 percent from spending of $288 million in 2012 – with an even larger increase of 62 percent projected for next year, reaching $669 million. While Gartner’s forecast accounts for enterprises continuing to dominate 3D printer purchases the consumer segment is expected to exceed $133 million.
Source: http://www.pugettechinc.com/