TUSTIN, Calif., Aug. 28, 2013 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTCQB:MLHC), ("M Line" or "Company"). M Line is pleased to announce industry veteran Mr. William Spires as its new Operations and Production Manager for one of its key subsidiaries, Precision Aerospace and Technologies, Inc.
Mr. Spires was with Senior PLC, a provider of engineering solutions worldwide with annual revenues in excess of $700 M. His involvement was as a Director primarily in the area of precision engineering. He will be responsible for overseeing M Line's manufacturing operations and quality control including operating budgets, engineering, production quality, customer service, and product bidding.
Mr. Spires commented, "My experience has prepared me for this kind of role and I am thrilled for the opportunity to play an integral part in a dynamic and growing company as it is set to achieve its full potential."
Anthony Anish, COO of M Line stated "M Line's recent management additions are an important part of the Company's effort to gear up for significantly expanded operations and vertical integration with other players in the aerospace, energy and medical device industries."
Anthony Anish continued, "Mr. Spires is a true professional in this industry. He brings a broad depth of experience, which is important to M Line's primary objective of enhancing shareholder value."
Bruce Barren, CEO of M Line, stated "Mr. Spires is the perfect fit for M Line, given his proven history of managing dynamic growth, improving quality, and exceeding sales and profit goals.
About M Line Holdings, Inc.
M Line Holdings, Inc. (OTCQB:MLHC). M Line provides products and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment. Key customers of our group include Panasonic Avionics, UTC Aerospace Systems and Beckman Coulter. The Company is headquartered in Tustin, California. For more information see our website at; www.mlineholdings.com
About William Spires
William Spires is a senior operations executive with a proven history of managing dynamic growth and improved quality, all while exceeding sales and profit goals. Since 2006, he has served in many executive roles at companies generating revenues between $35 M and $700 M annually, including Director of Advanced Manufacturing and Production Engineering at Senior Aerospace SSP, Director of Production at WET Design, Senior Program Manager at Tecom Industries, Vice President of Operations at AITech Defense Systems, From 1999 to 2006, Mr. Spires served as Director of Manufacturing at Curtiss/Wright Controls.
Forward Looking Statements
This news release contains certain "forward- looking statements." Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company's control. The forward-looking statements are also identified through the use of words "believe," enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict" "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from these forward-looking statements as a result of a number of risk factors detailed in the Company's periodic reports filed with the SEC. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved.