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  • Puget Technologies, Inc. (PUGE) Benefiting From Expected Tech Industry Growth As Plans For 3D Printer Rollout Continue 0 comments
    Jan 16, 2014 10:21 AM | about stocks: PUGE

    Puget Technologies reported today that it is making progress in its plans to roll out its unique line of high-performance 3D printers in the U.S. market. The company continues to make headway in its talks with Weistek, an award-winning 3D printer manufacturer, for acquisition of its first order of 3D printers for American consumers. Weistek recently won the "Best Annual 3D Printer" award at the "2013-2014 Global Interconnection Devices Top 10″ ceremony, which took place at the International Consumer Electronics Show in Las Vegas, Nevada. The International Consumer Electronics Show is known as the world's largest technology event.

    As its progress continues, Puget Technologies is benefiting from expected gains in the tech industry in the future. USA Today recently reported the tech industry has an excellent outlook, estimating profits among technology companies in the S&P 500 index to be 9.3% higher than last year. The newspaper also noted that net profits for tech companies are expected to increase by 5.5%, and U.S. corporate profit operating margins are expected to reach a wholly new record high of 10% of revenues in 2014.

    President and CEO of Puget Technologies Ron Leyland said, "The favorable earnings forecasts among tech companies along with the phenomenal growth projected for the 3D printer industry makes our prospective relationship with Weistek very encouraging."

    For more information, visit: pugettechinc.com

    QualityStocks provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.qualitystocks.net

    Stocks: PUGE
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