MISSISSAUGA, Ontario, April 12, 2007 (PRIME NEWSWIRE) -- D Mecatronics Inc. (Pink Sheets:DMTN), who offers a diverse range of automation services utilizing the latest proven technologies, announced today that it will hold an Investor Conference Call on May 2, 2007 at 10am Eastern Daylight Time. The call will be hosted by President and CEO Mr. Drasko Karanovic and D Mecatronics Vice President & Director of Public Relations, Mr. Dino Paolucci Jr.
The purpose of the call will be to answer Shareholder questions as they relate to the company's sales and marketing strategy, the development of Product sales, the Company's financial projections, new product development, and other D Mecatronics topics of interest.
Details on how to access the conference call will be made available on the Company's website at www.dmecatronics.com on April 18, 2007.
Shareholders who wish to submit questions for Mr. Karanovic and Mr.Paolucci may do so by sending an email to ir@dmecatronics.com by no later than 4:00pm on Friday April 27, 2007. Please type "Conference Call" in the subject line of your email. Mr. Karanovic and Paolucci will address as many questions as time permits.
As a public company, one of D Mecatronics principle growth strategy is based on the selective acquisition of complementary portfolio companies that operate independently, but cooperatively. This fusion of operational flexibility with strategic ties allows D Mecatronics the opportunity to grow exponentially, while increasing profit margins, operational efficiencies, and time to market opportunities for its underlying subsidiaries.
D Mecatronics Inc. is pleased to announce it has entered into the final stages of negotiations with one of the world's largest auto parts manufacturer and a fortune 500 company whom ranks among Fortune Elite, regarding three significant new contracts exceeding approximately US$2.5 million. Berardino Paolucci President and Chief Executive Officer of D Mecatronics Inc. states, "As we demonstrate our ability to continue winning new business, even as older contracts are being delivered and complete, it enables us to raise projected and forecasted revenues for 2007."
About D Mecatronics Inc.
D Mecatronics Inc. 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.
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.