MISSISSAUGA, Ontario, June 7, 2006 (PRIMEZONE) -- D Mecatronics Inc. (Pink Sheets:DMTN) specializes in 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 the design, building and installation of tube related automated systems used by automotive parts and assembly suppliers. The Company has commenced operations and is currently offering products such as Seat Frame Systems, IP Tube systems and Integrated Bend - Weld Systems for the automotive industry.
Today D Mecatronics Inc. is pleased to announce the receipt of a multi-million dollar contract with a major tier two automotive supplier. This contract is the result of the strong working partnership between this company. and D Mecatronics Inc. and represents a key milestone toward building the long term success of D Mecatronics Inc. We are pleased to have a manufacturing partnership with a company of this magnitude, as we continue serving the automotive community as a preferred source of supplying efficient, effective and unsurpassed products and services.
Berardino Paolucci (President & CEO) states, "D Mecatronics Inc. continues to demonstrate our strength and expertise in the areas of engineering, manufacturing and service capabilities; we believe that D Mecatronics Inc. and our customers share a common goal to always work towards delivering an industry-changing solution."
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.
Dino Paolucci Jr. (Vice President) 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."
Investors are encouraged to visit D Mecatronics' cutting-edge website at www.dmecatronics.ca for further detailed information.
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.