D Mecatronics Inc. Reports Interim Financial Results.MISSISSAUGA, Ontario For the First Nation, see . Mississauga (pronounced: [ˌmɪsɪˈsɑgə] listen -- D Mecatronics Inc. (Pink Sheets:DMTN DMTN Diabetes Mellitus, Transient Neonatal ) designs, manufactures, and markets industrial and consumer products. Through independent subsidiaries we provide state of the art automation technology solutions to enable customers to dramatically accelerate time-to-market and increase revenue. Dino Paolucci, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , of D Mecatronics Inc., stated, "I am extremely pleased to report that revenues for our first ten months of operations were $990,000 resulting in pre tax profit of $140,000. These early results are a tribute to the dedication of our company to produce and market superior products and also to our customers who recognize the value we add to their businesses. We have demonstrated that our vision for new product development is consistent with our customers' requirements and that we delivered with very good financial results for our shareholders." D Mecatronics & associates are active participants in the powerful management process we call the DMEC DMEC Developed Market-Economy Countries (United Nations Conference on Trade and Development) DMEC Dry Mateable Electric Connection Customer Centric System (DCCS DCCS Digital Cross Connect System DCCS Delaware County Christian School (Newtown Square, PA) DCCS Defense Information Infrastructure (DII) Communications Channel Server DCCS Delta College Corporate Services ). This consistent and determined attitude begins with outstanding people and superior market and customer driven plans. The DCCS provides the tools and methodology to advance quality, improve customer service, and reduce cost. D Mecatronics and its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. are a recognized power in delivering tubing related, automated production solutions. We deliver flexible, modular systems that unleash the creative power of global automotive leaders to inspire innovations and speed their products to the market. D & R's Customers represent the global automotive industry and include 3 of the top 10 worldwide leaders: Johnson Controls, Lear, and Magna. D & R Technology Inc. is headquartered in Mississauga, Ontario. Contact: D Mecatronics Inc. Dino Paolucci, Jr. (905) 625-5111 Website:http://www.dmecatronics.com/ Forward-looking statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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