MISSISSAUGA, Ontario, Sept. 26, 2007 (PRIME NEWSWIRE) -- D Mecatronics Inc. (Pink Sheets:DMTN) is pleased to announce it has received an inquiry from a European Investment company for a possible business combination.
"Our company has been approached by a European Investment company in regards to a potential business combination with D Mecatronics," reports Berardino Paolucci, Chief Executive Officer. "They are interested in speaking to D Mecatronics about a potential merger or acquisition. The offer is very lucrative and we intend to get some feedback to our shareholders as soon as information becomes available to us."
About D Mecatronics Inc.: (http://www.dmecatronics.com/)
D Mecatronics Inc. is supplying components, integrated systems and robotic modules to the world's top ten automotive suppliers. Through independent subsidiaries the Company offers sector and technology specific solutions to enable our customers to dramatically accelerate time to market and revenue.
To date, the Company's primary activities include design, build and installation of tube-related automated systems used by automotive parts and assembly suppliers. The Company is currently offering products such as Seat Frame Systems, IP Tube systems and Integrated Bend - Weld Systems for the automotive industry.
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.