Deltron, Inc. Announces Corporate Update
01 Juni 2010 - 10:00AM
Business Wire
Deltron, Inc. (OTCBB: DTRO) announced today updates to its
corporate overview and continued growth at its wholly owned
subsidiaries. The company acquires profitable businesses with
strong management teams, substantial revenue and established market
positions and looks to leverage unique opportunities to drive
company growth and shareholder value.
Wholly owned subsidiary Blu Vu is a developer of proprietary
closed circuit rebreather technology and components that go beyond
conventional breathing systems to enable commercial and
recreational divers to go deeper, stay underwater longer and
recover faster.
Recently, Blu Vu Deep Oil and Gas Exploration division, a
developer of highly innovative breathing technology for use in
extreme environments, has designed and developed a critical
component of closed-circuit rebreather equipment for commercial and
recreational divers. Deltron expects to launch its proprietary
bailout valve products in October 2010, and is in discussions with
established original equipment manufacturers (OEMs) of rebreather
equipment as potential customers.
Henry Larrucea, CEO / President Deltron, brings over three
decades of continuous leadership, management and executive
experience in high volume manufacturing environments in consumer
recreational markets to Blu Vu. Mr. Larrucea’s corporate
responsibilities include business development, marketing, and
acquisition prospect development and management.
The company's second wholly owned subsidiary, Elasco, is a
proven innovator in product manufacturing with a 30-year operating
history, diverse customer base and vertically integrated production
facility in Garden Grove, California.
Elasco has recently developed proprietary polyurethane
formulations made from renewable resources that significantly
reduce the carbon footprint of manufactured products.
David Schindler, President Elasco Inc, has over fifteen
years' experience in operations management. His areas of expertise
include the manufacturing, supply chain and distribution management
of a wide range of products which include desktop computer systems,
wireless handsets for the cellular phone market and sports-related
hard goods.
Henry Larrucea, Deltron CEO, commented: “Deltron is leveraging a
unique opportunity to create tremendous company growth and
shareholder value. Wholly owned Blu Vu draws on industry leading
experience to develop proprietary rebreather technology to answer
the growing need for breathing equipment in extreme environments.
Wholly owned Elasco is a proven leader in engineered plastics
molding and polyurethane manufacturing plus the ability to
manufacture Blu Vu’s products in its production facility. This year
Deltron will foster growth within our existing businesses and seek
out other companies to add revenue and niche market leadership to
our organization.”
Deltron (CE) (USOTC:DTRO)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Deltron (CE) (USOTC:DTRO)
Historical Stock Chart
Von Dez 2023 bis Dez 2024