Ann: Aurora Signs Binding Term Sheet to Establish Solution Centre, page-2

Aurora Labs Signs Binding Term Sheet to establish an Additive Manufacturing Solution Centre

Highlights:
Binding Term Sheet signed between Aurora Labs and WorleyParsons (“the Parties”) to:

• Distribute Aurora Labs’ machines
• Creation of a Joint Venture to form a Solution Centre to service the mining, oil and gas and major infrastructure industries
• Creation of a Print Bureau using Aurora Labs’ technology
• Explore option for working together for bulk powder production
  • Aurora is seeking to use its products and technology to benefit major infrastructure and resource companies.
  • Aurora continues to focus on delivering the benefits of advanced 3D metal printing technologies to the major infrastructure, mining and other resource companies around the world.

Aurora Labs Limited (“Aurora” or “the Company”) (ASX: A3D), is an industrial technology and innovation company that specialises in the development of 3D metal printers, powders, digital parts and their associated intellectual property.

The Solution Centre plans to introduce 3D printing to major infrastructure, mining and other resource companies globally and to provide those companies with a competitive advantage over the general market through expert use of key technologies. It will focus specifically on licensing and distribution of Aurora’s 3D metal parts printers, design and certification, in addition to the potential establishment of a print bureau and powder production.

**** Wow this could be huge ****