D Mecatronics Introduces New Business Segment, Which Has Already Proven Profitable.MISSISSAUGA, Ontario For the First Nation, see . Mississauga (pronounced: [ˌmɪsɪˈsɑgə] listen -- D Mecatronics Inc. (Pink Sheets:DMTN DMTN Diabetes Mellitus, Transient Neonatal ) is pleased to announce the launch of a new business segment - Tooling. Following core principles of our organization strategy to operate within business segments that are focused on specific market areas, D Mecatronics Inc. has formed a new business segment - Tooling. The segment is operated through the wholly-owned subsidiary D & R Tooling Inc. The market strategy is to capitalize on tubing related tooling expertise in manufacturing robust and reliable products, leading edge technology application and service for partners worldwide. Berardino 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. states, "We use Modular Principles in machinery building. This combines the advantages of the custom-made machinery with those of a market standard product. Modularity allows customized configuration of the processing systems which are based on well tried and tested modules. As a result, the stand-alone work cell can swiftly be developed further into a high-speed forming and/or piercing module while the core technology remains unchanged. Supplementary to the Tube Processing segment, the Tooling team will work on a very narrow section of the market and attempt to achieve the best reputation in that section. Only the best is good enough for our customers and we need to be always on the forefront of what is feasible, always a step ahead. I congratulate our sales team that ensured the tooling purchase order release, worth $197,000.00 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. from JCI JCI Journal of Clinical Investigation JCI Johnson Controls, Inc. JCI Junior Chamber International JCI Joint Commission International JCI Japan Concrete Institute JCI Journal of Communication Inquiry JCI Johannesburg Consolidated Investment Company Limited - Cadiz plant." Dino Jr. Paolucci, director/treasurer, applauds D Mecatronics for successfully launching a new profitable business segment. 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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