In mid-day trading today, shares of D Mecatronics Inc. (Pink Sheets: DMTN) were flat at $0.089 per share. Volume was just under 56 thousand shares.
The Company issued a press release today announcing the unveiling of a new corporate website and several Company highlights.
The Company is positioned for rapid revenue growth and strong profitability as the Company’s technology is clearly applicable to a number of huge multi-billion markets, including automobile manufacturing, aircraft, large construction equipment, die cutting and other industries requiring robotic fabrication of precision metal components. The Company continues to work towards offering savvy investors a realistic opportunity for substantial capital appreciation.
“We are pleased to announce the posting of our redesigned corporate website,” stated Dino Paolucci Jr., Vice President and Director of D Mecatronics. “The website offers our customers, vendors and shareholders a refined and updated insight into our current corporate business model including recent developments, the current expansion of our Internet Services market and exciting technological innovations. Please visit www.dmecatronics.com.”
Because of the rapid development of the world-wide automotive industry, competition among the participants has increased to a frantic pace. Customers are demanding more variety and higher quality today than at any point in time.
These trends indicate a need for better information about and control of automotive manufacturing processes.
Never has the automotive industry had a better opportunity to invest efficiently in improving its flexibility and quality in the production of cars and trucks. The Company is dedicated to improving the quality and flexibility of automotive manufacturing processes through the intelligent application of control and information systems.
Some features and benefits include the following: 1) improve product quality; 2) easier changeover; 3) more process availability; 4) better decision making through more timely information; 5) numerous steel frame and component manufacturing cells; and 6) machine tending.
Earlier this March, the Company’s President and CEO Berardino Paolucci issued an update on the performance and direction of D Mecatronics. He was very upbeat about the Company accomplishing many of its goals in 2006 and its outlook for 2007.
“D Mecatronics accomplished many significant goals in 2006, which we believe may set the foundation for continued progress in 2007 and beyond. We strengthened our financial condition, delivered on existing contracts, forged strategic alliances, expanded our business base, fortified the D Mecatronics brand, and added new management talent
