Makism 3D Corp. Completes Share Exchange and Enters 3D Printer Manufacturing Sector -- Company Commences Trading as MDDD
(firmenpresse) - CAMBRIDGE, UNITED KINGDOM -- (Marketwired) -- 11/07/13 -- Makism 3D Corp. (OTCBB: MDDD) ("Makism 3D" or the "Company"), a manufacturer of consumer and professional grade 3D printers, is pleased to announce that effective October 29, 2013, it entered into and consummated a voluntary share exchange transaction with Umicron Ltd., a private limited company organized under the laws of England and Wales ("Umicron"). The Company further advises that its common stock is quoted on the OTCBB under the symbol MDDD.
In accordance with the terms of Exchange Agreement, on the Closing Date, the Registrant issued certain shares of its common stock in exchange for 100% of the issued and outstanding capital stock of Umicron.
As a result of the Exchange Transaction, Umicron became our wholly-owned subsidiary, and the Registrant acquired its business and operations.
In related news, the Company confirms the appointment of Mr. Luke Ruffell as its President, CEO and Board Chair. With a background in the arts and business marketing, he is currently responsible for all aspects of product development at Makism3D. He was previously a director of Geoh Networks Ltd., a company specializing in fiber network solutions, and was a director of Taper UK Ltd., a private company in the tobacco sector. Mr. Ruffell studied Product Design while attending Ravensbourne University and Architecture at De Montfort University.
Additional information regarding the Company and its products can be found at: .
Details of the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer with the Securities and Exchange Commission ("SEC") available at .
(OTCBB: MDDD)
Makism 3D Corp. is a 3D printer manufacturer based in Cambridge, United Kingdom. Its mission is to design and build efficient, reliable and attractive consumer and professional grade 3D printers. The Company believes there is enormous scope for innovation within the design, usability, and engineering of 3D printers, and has identified a valuable new market segment located between the low cost professional market and the high-end consumer market. Find out more at .
Information set forth in this press release contains forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in Makism 3D Corp.'s filings with the Securities and Exchange Commission available at: Makism 3D Corp. disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
MDDD Investor Relations
Tel: +011 44 01954 715030 (UK)
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Datum: 07.11.2013 - 14:00 Uhr
Sprache: Deutsch
News-ID 313936
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CAMBRIDGE, UNITED KINGDOM
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Peripherals
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