SHG 0.00% 10.5¢ singular health group ltd

16th November 2023 – Medical technology company Singular Health...

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    16th November 2023 – Medical technology company Singular Health Group Limited

    (ASX: SHG, “Singular Health”, or the “Company”) is excited to announce that its wholly owned advanced manufacturing subsidiary, Singular 3DP Pty Ltd trading as Global3D (“Global3D”), has been awarded as 3D System’s Top Performing Reseller for APAC for year-on-year growth.As one of the leading 3D printer manufacturers globally, New York Stock Exchange listed 3D Systems (NYSE: DDD), has developed a wide range of large-format pellet extrusion printers in addition to highly advanced Selective Laser Sintering (SLS) technologies which have attracted a large amount of interest in the Australian manufacturing sector.Following Singular Health’s acquisition of Global3D Pty Ltd’s assets in early 2023, the Company appointed one of Australia’s foremost additive manufacturing experts, Cameron Beech, to expand upon Global3D’s existing reseller arrangements which include Kings 3D, DyeMansion, and as of March 2023, 3D Systems.

    This appointment, along with various marketing initiatives, has led to contracts for more than $1.5M in 3D printing hardware and consumable sales in the calendar year to date and this award by 3D Systems is a testament to Global3D’s presence in the Australian manufacturing market.Singular Health’s Chief Operating Officer and Managing Director of Singular 3DP, James Hill, commented on the award, saying:“We are honoured to have received this award by 3D Systems, a titan of the additive manufacturing sector, and to have been recognised for the exceptional performance of our sales team in delivering 3D System’s best reseller sales in the APAC region for 2023.Despite difficult macro-economic conditions, the demand for sovereign manufacturing has never been stronger and we look forward to 2024 with a strong sales pipeline for our 3D printing services and hardware sales.”
 
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