Deltron Manufacturing Achieves Growth in Sales of High Performance Wheels
28 Juli 2010 - 9:55PM
Business Wire
Deltron, Inc. (OTCBB: DTRO) is pleased to announce that its
manufacturing division is achieving significant increases in sales
of high performance roller skate wheels. The market for quad skates
and wheels is growing, spurred by rising popularity of roller derby
and skating leagues worldwide. Deltron’s wholly owned Elasco, Inc.
subsidiary has increased sales of its proprietary polyurethane
wheels to existing quad skate OEM customers by 116% this year.
The United States Roller Sports Organization reports roller
derby is among the fastest growing sports, with approximately 500
women’s leagues in 16 countries worldwide. According to the Women’s
Flat Derby Association, roller derby’s unique amateur sports model
has fostered an explosion in its global popularity. The flat track
version of the sport was born in 2001, growing from one league to
fifty leagues by 2005 and encompassing nearly 500 in 2010.
The roller skate industry is a tight community with a handful of
established quad skate OEMs. Deltron manufactures and sells
original and replacement wheels to the top vendors, creating
proprietary formulations that meet performance specifications
including grip control, speed, durability, size, weight, surface
compatibility, and color variety.
Henry Larrucea, Deltron CEO, commented: “Customers in the roller
skate industry tell us that what started as a grassroots
recreational activity has spread quickly, growing into an
international phenomenon that is just now hitting its stride. By
leveraging our longstanding relationships, manufacturing
capabilities and reputation within the recreational equipment
industry, Deltron is carving out a leadership position in what is
now a rapidly growing niche market. We are pleased to see dramatic
increases in sales and expect demand for our new lightweight,
better performing wheels to rise as quad skating gains in
popularity.”
Deltron’s Elasco established a leadership position in the
recreational skating industry as the sole North American
manufacturer of polyurethane wheels used on Rollerblade™ skates
from 1993 through 1997, Rollerblade’s heyday. Elasco made millions
of wheels for Rollerblade during that period.
Elasco, a wholly owned subsidiary of Deltron, is a growing
polyurethane and plastics design, molding and manufacturing company
serving customers since 1979. Earlier this month Deltron reported a
60% increase in revenue for the first six months of this year
versus January to June of 2009. This increase is driven in large
part by additional orders from existing roller skate manufacturing
customers. Sales of Elasco’s innovative skate wheels to have
increased by 116% from January to June of 2010 over the same period
last year.
About Deltron, Inc. (DTRO.OB)
Deltron acquires profitable businesses with strong management
teams, substantial revenue and established market positions. As a
division of Deltron, Blu Vu is a developer of proprietary closed
circuit rebreather technology and components that go beyond
conventional scuba systems to enable commercial and recreational
divers to go deeper, stay underwater longer and recover faster.
Wholly owned Elasco is a proven innovator in product manufacturing
with a 30-year operating history, diverse customer base and
vertically integrated manufacturing facility in Garden Grove,
California.
This Press Release may contain certain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. DTRO has tried, whenever possible, to identify
these forward-looking statements using words such as "anticipates",
"believes", "estimates", "expects", "plans", "intends", "potential"
and similar expressions. These statements reflect DTRO’s current
beliefs and are based upon information currently available to
it.
Accordingly, such forward looking statements involve known and
unknown risks, uncertainties and other factors which could cause
the DTRO’s actual results, performance or achievements to differ
materially from those expressed in or implied by such statements.
DTRO undertakes no obligation to update or advise in the event of
any change, addition or alteration to the information catered in
this Press Release including such forward-looking statements.
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