Deltron Establishes International Sales Channel to Leverage Relationships with European OEMs
October 07 2010 - 8:00AM
Business Wire
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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