MISSISSAUGA, Ontario, Jan. 30, 2007 (PRIME NEWSWIRE) -- 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).
Dino Paolucci Jr. (Vice President and Director) commented, "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 an unrelenting result of providing state-of-the-art technology and features gained from extensive expertise in industrial automation, D Mecatronics Inc. is pleased to announce yet another purchase order of USD151,010. To date, D Mecatronics sales have now exceeded USD983,210 for 2007 and as the Company's business strategies are implemented, we believe that our revenue stream will dramatically increase over the next five years.
The global automotive manufacturing industry operates in an increasingly aggressive marketplace whose performance is tied directly to performance of the large and growing retail automobile industry. The top six companies in the global manufacturing industry are General Motors (GM), Toyota, Ford, DaimlerChrysler, Volkswagen and Honda and of those D Mecatronics Inc.'s automotive solutions are delivering parts for several major automotive brands including Ford, General Motors (GM), Toyota, DaimlerChrysler, and Honda. Management is confident that by year 2010 an estimated eighty percent (80 percent) of North American automobiles on the market will encompass parts and components produced by the D Mecatronics Inc.'s products.
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.