MISSISSAUGA, Ontario, Feb. 14, 2006 (PRIMEZONE) -- D Mecatronics Inc. (Pink Sheets:DMTN) continues to capitalize on their experience and expertise by manufacturing high quality, competitively-priced durable machinery with a significant number of product features and options.
At this time, D Mecatronics Inc. and its wholly owned subsidiaries D & R Technology and D & R Tooling are aggressively completing work orders exceeding 3.6 million dollars, for customers which represent the global automotive industry and include three of the top ten worldwide leaders.
"D & R's senior management team is comprised of seasoned professionals who have decades of experience and success in managing and growing organizations. This knowledge and insight enables them to lead D & R Technology Inc. in the creation of products and services that meet our customers' toughest challenges," states Drasko Karanovic, President & CEO.
D Mecatronics addresses a huge market and is positioned to become a global leader through aggressive new product development, continual expansion of their clientele, synergistic acquisitions, and by offering competitive, cost-effective, performance-oriented products and superb support service.
Furthermore, the Company will continue to augment D & R's value-added engineering services by acquiring new clients that require production of components used in upper-end product lines. D & R's aim is to ensure their customers' continued success in developing, building, delivering, and servicing products all over the world with tube processing systems and solutions. See www.dnrtechnology.com for comprehensive information on this important subsidiary.
Dino Jr. Paolucci (Vice President/Director) comments, "D Mecatronics has true potential for substantial revenue growth in 2006, as the Company continues to bring its innovative automation products to a market in which demand continues to grow exponentially year after year. D Mecatronics has a very accomplished and committed management team that is well connected and focused on major success for the company and maximizing shareholder value, which I believe will be the key in proving profitable for many years to come."
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
The D Mecatronics, Inc. logo can be found at: http://www.primezone.com/newsroom/prs/?pkgid=2180