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DTRO Deltron Inc (CE)

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Last Updated: 00:00:00
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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 00:00:00

Deltron’s Blu Vu Invited to Present its Rebreather Solutions at America's Largest Consumer Dive Expo

13/06/2011 9:15pm

Business Wire


Deltron (CE) (USOTC:DTRO)
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Deltron, Inc. (OTCBB: DTRO) is pleased to report that the Company’s highly innovative rebreather Bail Out Valve (BOV) components were showcased at SCUBA Show 2011 on June 4th and 5th in Long Beach, California. Dr. Jeffrey Bozanic, international diving safety expert and head of Deltron’s Blu Vu division, was invited to conduct a seminar for the conference’s more than 12,000 attendees entitled “Rebreathers for the Mass Market”. Deltron’s Blu Vu designs and develops components and systems for closed-circuit rebreathers—underwater life support systems that recirculate breathing gases to enable deeper, longer and more productive dives.

Founded in 2008, Blu Vu is led by internationally renowned deep sea and cave diving expert Jeffrey Bozanic, Ph.D. Blu Vu is focused on the design and development of proprietary closed-circuit rebreathers and components for commercial and recreational diving. At SCUBA Show 2011 the Blu Vu team presented its rebreather components to potential customers including rebreather OEM’s, resellers, dive shops, diving experts, diving agencies, dive tech developers and to PADI, the training agency for recreational divers.

Dubbed America’s Largest Consumer Dive Expo, SCUBA Show 2011 is sponsored by organizations including DAN, PADI, California Diving News, the Wyland Foundation, LiquidAssets.tv, Sport Chalet and REEF. World famous marine artist and conservationist Wyland created a live painting and exhibited his artwork at the show. Hundreds of companies and agencies exhibited, and attendance topped last year’s record 11,216 registered visitors.

Henry Larrucea, CEO of Deltron, commented: “We were extremely pleased to have been selected to present our solutions at SCUBA Show 2011, one of the recreational diving industry’s top conferences. Dr. Bozanic’s seminar on the growing use of rebreathers for recreational diving and the many advantages of rebreathers over conventional SCUBA systems was well attended and well received. Deltron is excited to pursue the opportunities we see opening up within what we believe is a highly lucrative niche market with significant room for growth.”

Last week Deltron reported highly positive second quarter financial results. For the quarter ended March 31, 2011, Deltron’s wholly owned Elasco, Inc. manufacturing subsidiary increased revenue by 36.5% and increased gross profit by 322% over the second quarter last year.

About Deltron, Inc. (DTRO.OB)

Deltron seeks to acquire profitable businesses with strong management teams, substantial revenue and established market positions. Wholly owned Elasco is a proven innovator in product manufacturing with a 32-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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