DMTN -- D Mecatronics, Inc.
Com ($0.0001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
D Mecatronics' Aggressive Growth Plans and Sales Forecast for 2007
MISSISSAUGA, Ontario, Feb 5, 2007 (PrimeNewswire via COMTEX) -- D Mecatronics
Inc. (Pink Sheets:DMTN) 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. We operate
within business segments and our growth will be stimulated by share gains,
aggressive new product development, international expansion and acquisitions.
The Company has formulated a structured business plan to grow its business
rapidly. D Mecatronics Inc. will attempt to acquire companies that have
displayed strong financial performance in the past and have
generated positive cash flows and are strategically important for D
Mecatronics' business. These companies are expected to directly add to the
Company's net profits. Dino Paolucci Jr. (Vice President and Director)
comments, "Our Company was founded on the principles of excellent customer
service, exceptional quality products, and on-time delivery and we are taking
the necessary steps to continue providing these key elements." Sales Forecast
The charts and table below outline D Mecatronics Inc's sales forecasts for 2007.
The company will gradually increase the share of the high-value Seat Frame
System/ IP Beam process line in its sales mix over the next two years, which
will add to the company's bottom line.
Table: Sales Forecast for 2007
------------------------------- Sales Forecast
Sales 2007
----------------------------------------------------------- Seat Frame System
$6,000,000 IP Beam Process Line $3,000,000 Integrated
Bend - Weld cell $2,500,000 Tooling Retrofits
$1,200,000 Maintenance and Repairs $400,000 Spare Parts
$400,000 Prototype and Sample Parts $140,000
----------------------------------------------------------- Total Sales
$13,640,000 Direct Cost of Sales 2007
----------------------------------------------------------- Seat Frame System
$1,800,000 IP Beam Process Line $780,000 Integrated
Bend - Weld Cell $900,000 Tooling Retrofits
$420,000 Maintenance and Repairs $0 Spare Parts
$180,000 Prototype and Sample Parts $45,000
----------------------------------------------------------- Subtotal Direct
Cost of Sales $4,125,000
Drasko Karanovic (President and CEO of D&R Technology) comments, "Our capacity
to anticipate customer's needs and respond with technological solutions applied
rapidly and economically in mass production has established us as a full-service
supplier to world's leading automotive manufacturers." 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.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: D Mecatronics Inc. By Staff
CONTACT: D Mecatronics Inc. Dino Jr. Paolucci, Director of
Public Relations (905) 625-5111 dinopaolucci@...
www.dmecatronics.ca
(C) Copyright 2006 PrimeNewswire, Inc. All rights reserved.
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INDUSTRY KEYWORD: Manufacturing (misc) SUBJECT CODE: AUTOMOTIVE
Pre-Release Comments Product Services Announcement
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