MISSISSAUGA, Ontario, Feb. 20, 2007 (PRIME NEWSWIRE) -- D Mecatronics Inc. (Pink Sheets:DMTN) is a recognized technology pioneer and market leader in the area of Engineering, Design and the Manufacturing of automated solutions for the Automotive Industry and is rapidly becoming one of the world's leading providers of automated manufacturing solutions, which are used primarily by three of the top ten Tier 1 automotive part suppliers in the world. The Company also makes precision components and tooling using its own custom-built manufacturing systems, process knowledge and automation technology.
Today, the OEM's are globally producing over 54 million new vehicles per year. Achieving a small percentage of the total market share could translate into over $50 million in annual sales. In the automotive market, D Mecatronics Inc. is a major supplier of production lines which produces integrated seating and interior systems. D Mecatronics Inc.'s automotive solutions are delivering parts for several major automotive brands including Ford, General Motors (GM), Toyota, DaimlerChrysler, Nissan and Honda.
As an unrelenting result of providing state-of-the-art technology and features gained from extensive expertise in industrial automation, D Mecatronics Inc. is pleased to announce yet another purchase order of 115,00 USD. To date D Mecatronics sales now exceed USD1,098,210 for 2007.
Being that our customers have an insatiable demand for extreme levels of performance, D Mecatronics Inc. prepares to demonstrate our unsurpassed ability to meet and exceed our customer's needs by delivering our new state of the art innovative tube processing system, which offers our customers with high-performance applications, extreme throughput, unsurpassed flexibility, reliability, multi-axis robotics and automated processes. As another milestone in our original structure, we are extremely pleased to have the opportunity to partner with a growth-oriented entrepreneurial company, whom will be in receipt of our latest production line which will be producing parts for the new 2008 Toyota Tundra. The people of D Mecatronics Inc. share a single mission: to continually exceed our customers' increasing expectations.
In commenting on D Mecatronics Inc.'s future, Dino Paolucci Jr. (Vice President & Director) said, "We appreciate the loyalty expressed by our many stockholders over the years and intend to maintain open channels as to fully inform them of our progress. We look forward to some very exciting developments and accomplishments in the coming months."
The D Mecatronics Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2180
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.