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DTRO Deltron Inc (CE)

0.000001
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Deltron Inc (CE) USOTC:DTRO OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Deltron Establishes International Sales Channel to Leverage Relationships with European OEMs

07/10/2010 2:00pm

Business Wire


Deltron (CE) (USOTC:DTRO)
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Deltron, Inc. (OTCBB: DTRO) has established an international sales channel for its Blu Vu rebreather products. Radikal AS, an innovative diving equipment design firm with close contacts within the European diving equipment industry, will market and sell Blu Vu rebreather bailout valves in Europe.

The agreement between Deltron and Radikal will enable Blu Vu products to be marketed and sold throughout Europe, represented by a highly regarded player in the European recreational diving community. Radikal is a diving equipment design and prototyping company based in Norway with an extensive network of contacts and longstanding relationships with the world’s largest rebreather OEMs. Radikal will sell and provide support for components as well as complete systems and search out technology licensing agreements for Deltron.

Deltron’s Blu Vu division designs and develops proprietary closed-circuit rebreathers for commercial and recreational diving. Rebreathers are highly efficient breathing systems that recirculate the gas a diver breathes, removing the carbon dioxide generated by human metabolism and adding oxygen and other gases to replace what is consumed. Rebreathers are more efficient and less limiting than conventional scuba systems, enabling commercial and recreational divers to go deeper, stay underwater longer, increase productivity during dives, and minimize decompression obligations.

Henry Larrucea, Deltron CEO, commented: “Deltron is excited to establish an avenue for entry into the European market for rebreathers, which is currently the world’s largest. Radikal will draw on their relationships with rebreather OEMs for sales and marketing outreach, Blu Vu will supply the proprietary products, and our Elasco manufacturing subsidiary will produce the components. This agreement is a win for all parties involved.”

About Deltron, Inc. (DTRO.OB)

Deltron acquires profitable businesses with strong management teams, substantial revenue and established market positions. Wholly owned Elasco is a proven innovator in product manufacturing with a 31-year operating history, diverse customer base and vertically integrated manufacturing facility in Garden Grove, California. Blu Vu, a division of Deltron, 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.

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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