MISSISSAUGA, Ontario, Feb. 21, 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.
D Mecatronics Inc. continues to redefine the product quality and performance expectations of our customers, as we successfully receive yet another project order, which will be in production producing parts for the New 2008 Dodge Ram, valued over US$360,000, which brings total sales for 2007 to more then US$1,458,210.
"We are excited about our customer's interest in integrating our product solutions as a key component of their growth strategy, as our products will continue to provide them with the enterprise management, automation and operational efficiencies needed to achieve excellence on a global basis," said Dino Paolucci, Senior Vice President of infrastructure management at D Mecatronics Inc.
D Mecatronics Inc. is a global market leader in automotive systems. In the automotive market, we are a major supplier of production lines which produces integrated seating and interior systems, which to date are delivering parts for several major automotive brands including Ford, General Motors (GM), Toyota, DaimlerChrysler, Nissan and Honda.
As we continue to impress our customers by the extent and depth of our engineering, manufacturing and service capabilities we will continue our long standing tradition and commitment to provide them with flexibility, technology and quality products.
Drasko Karanovic (President & CEO of D&R Technology, a wholly owned subsidiary of D Mecatronics Inc.) states D Mecatronics Inc. continues to gain steam as a growing corporation particularly in areas of design, engineer and manufacturing of Seat Frame Systems, IP Tube systems and Integrated Bend-Weld Systems for the automotive industry.
Furthermore D Mecatronics Inc. intends to immediately file a 15C-211 and become a fully reporting and trading company.
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.
CONTACT: D Mecatronics Inc. Dino Jr. Paolucci, Director of Public Relations (905) 625-5111 Cell: (905) 399-9814 dinopaolucci*rogers.com www.dmecatronics.ca
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