Deltron, Inc. Announces Corporate Update Business Wire "Press Releases - English "
GARDEN GROVE, Calif. --(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, Inc. Henry Larrucea , 714-908-6154 info@dtro.com
Source: Deltron, Inc.
