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Tinkerine enters into agreement for new markets with 3D printing distributor PRECISE Group launching sales in 100 locations


News provided by

Tinkerine Studios Ltd.

Apr 07, 2015, 07:00 ET

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HIGHLIGHTS:

  • PRECISE Group, the UAE's leading 3D printing distributor and services specialist will offer Tinkerine's suite of products, high purity filament and Tinkerine U content to education, retail, and enterprise customers.
  • PRECISE Group will also sell Tinkerine's products through The3DBee.com – PRECISE's online platform specialized in 3D printing and solutions.
  • PRECISE has established product channel distribution in 100 retail locations with 60 to be added by year end 2015.

VANCOUVER, April 7, 2015 /CNW/ - Tinkerine™ Studios Ltd. (TSXV: TTD, FSE: WKN WB6B and OTC:TKSTF), Canada's leading manufacturer of desktop 3D printers and 3D printing educational content, is pleased to announce a distribution agreement with UAE based PRECISE Group, ("PRECISE") a leader in 3D printing services and distribution throughout the GCC (the Gulf Cooperation Council), Middle East, Levant, and North African market, offering 3D printer products, and online training support to educational, enterprise, and retail customers throughout the region.      

Through its agreement with Tinkerine, PRECISE will now be able to offer to its education, retail, and enterprise customers, a complete 3D printing bundle comprised of Tinkerine's award winning Ditto™Pro 3D printer and software, high purity filament, and  online training support and educational content through Tinkerine U . PRECISE currently distributes to 100 direct retail stores across the Middle East with an additional 60 planned by year-end 2015. PRECISE's dedicated online platform – The3DBee.com - specializes in 3D printing solutions, providing a user friendly customer experience, enabling customers to purchase a full suite of  3D products and solutions.

Lothar Hohmann, President of PRECISE commented, "Our goal is to be the one stop for 3D printing and services in the Middle East region, as we cater to different segments of the market, I strongly believe that our partnership will allow us to grow into the educational sector with Tinkerine - their STEAM (science, technology, engineering, arts, math) based Tinkerine U  platform and the award winning Ditto™Pro 3D printer. Additionally, we will be providing technical support and service in our region to complement Tinkerine's offerings through our dedicated online platform specializing in 3D printing and solutions - The3DBee.com."

Tinkerine's CEO Eugene Suyu added, "We continue to penetrate strategic markets and win new customers by offering a higher quality 3D printing experience than our competitors. PRECISE Group provides the retail outlets and professional services to support Tinkerine in the region. Educators globally are demanding STEAM based educational content to support the next generation of learners, engineers, and designers. Tinkerine U is the global platform to deliver this content to virtually anyone in the world."

About PRECISE Group

Launched is 2002, PRECISE started out as a business in the production of exclusive personalization products like 2D & 3D Crystal Laser Engraving and custom manufacturing of unique corporate gifts for many Fortune 500 companies.

PRECISE - an early adopter of 3D printing technology in the Middle East and the exclusive distributors of 3D products like 3Doodler, Ultimaker, XYZprinting and Tinkerine in the region - has recently created the first online platform specializing in 3D printing and solutions: THE3DBEE (the3DBee.com)

Merchandise and Product development is a strong pillar of business for PRECISE, all products are conceptualized and designed in a dedicated production facility in Dubai Investment Park, which is owned by PRECISE. The company has witnessed unparalleled growth and is a MENA (Middle East, North Africa) wide group with 6 business verticals, making us the first choice for many companies and brands. Our business divisions include:

  • 3D Printing Products Services and Solutions - THE3DBEE
  • 2D & 3D Crystal Laser Engraving
  • Merchandise & Product Development
  • Leisure and Events
  • Direct and Indirect Retail
  • Product Channel Distribution

Media Contact:
Natasha D'souza
PR Manager PRECISE Group
Email – [email protected]
Landline - +971  4  8 85 86 03 Ext:208

ABOUT TINKERINE STUDIOS LTD.

Tinkerine develops, manufactures, and sells desktop 3D printers, content, and software for the consumer and education markets, the fastest growing segments of 3D printing. Current products include the award winning Ditto™ Pro, Ditto+, and Litto 3D printers, all acclaimed for their high performance and affordability. Tinkerine's 3D printers work seamlessly with the Company's integrated 3D software to make printing intuitive and accessible to anyone. Tinkerine backs its products and services with Tinkerine U, the Company's 3D educational content and online training platform. With a focus on education, Tinkerine continues to provide 3D printing solutions into the $86 billion educational technology and $122 billion online training markets.

CAUTIONARY NOTES

Certain information in this news release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Tinkerine assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Tinkerine. Additional information identifying risks and uncertainties is contained in Tinkerine's filings with the Canadian securities regulators available at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Tinkerine Studios Ltd.

Related Links

www.tinkerine.com

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