MISSISSAUGA, Ontario, May 15, 2006 (PRIMEZONE) -- D Mecatronics Inc. (Pink Sheets:DMTN) addresses multi-billion dollar markets with huge demand for their superior, cost-effective products. The Company is positioned for rapid growth in revenues and profits and has an impressive and highly-qualified management team that is focused on maximizing shareholder value and becoming a global leader in their industry niche. "As the Company's dynamic growth progress continues, we envision that investors will discover this hidden gem in (DMTN)," states Dino Jr. Paolucci, Vice President/Director/Treasurer of D Mecatronics.
Management is proud to release their updated interim financial results for year end 2005, which have increased dramatically since this period in 2004. Total revenues for the twelve months of 2005 have increased by 13% to $2,011,229, compared to $262,778 during the same period in 2004 (Note: the discussed revenues are for period ending December 30, 2005).
Berardino Paolucci (President & CEO) comments, "Primarily our focus is placed on product engineering and manufacturing processes to ensure the highest quality, high level of product features, and the most efficient manufacturing process possible for our customer, and I believe this continued ability to evolve and offer one of the most competitive, effective and efficient products to our customers, will only continue to provide substantial upside value to our shareholders. D Mecatronics will continue to focus on customer satisfaction, profitability, quality, cost, delivery, lean core operations and leadership.
D Mecatronics research and development department has been engaged, since its inception, in the design and manufacture of innovative products that couples unsurpassed precision and control, and continue to redefine the product quality and performance expectations of our customers. "Our research and development department is always striving to implement technology to become one of the world's leading experts in improving manufacturing processes," states Drasko Karanovic (President/Director of D&R Technology). Mr. Karanovic continues to state, "Precisely crafted engineering and design will help solidify D Mecatronics position as the industry leader in the manufacturing of IP Tube systems and Integrated Bend -- Weld Systems.
The D Mecatronics, Inc. logo is available at http://www.primezone.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.