D & R Technology, Subsidiary of ECIT, Awarded Contract From Toyota Boshoku
December 08 2011 - 7:30AM
D & R Technology Inc., a wholly owned subsidiary of Ecoland
International, Inc. (OTCBB:ECIT), one of North America's fastest
growing applied-robotics companies, announced today the receipt of
a contract from Toyota Boshoku (OTN: TDBOF), a major tier one
automotive parts supplier. The new project consists of a newly
designed retrofit to the production systems producing parts for the
2012 Toyota Rav4.
This contract is the result of the strong working partnership
between Toyota Boshoku and D & R Technology Inc. and represents
a key milestone toward building the long term success of D & R
Technology. We are pleased to have a manufacturing partnership with
a company of this magnitude as we continue serving the automotive
community as a preferred source of supplying efficient, effective
and unsurpassed products and services.
Drasko Karanovic (President & CEO of D & R Technology)
states: "D & R Technology Inc. continues to demonstrate our
strength and expertise in the areas of engineering, manufacturing
and service capabilities; we believe that D & R Technology Inc.
and our customers share a common goal to always work towards
delivering an industry-changing solution."
As we continue to impress our customers by the extent and depth
of our engineering, manufacturing and service capabilities, we will
continue our long standing tradition and commitment to provide them
with flexibility, technology and quality products.
About Toyota Boshoku America, Inc.
Toyota Boshoku Corporation is based in Kariya City, Japan, with
88 operations in more than 20 countries. Its wholly owned
subsidiary, Toyota Boshoku America (TBA) and its affiliates employ
about 6,500 team members in 23 locations throughout the United
States, Canada, Mexico and Argentina. TBA is a premier manufacturer
of automotive interior systems which include seats, door trims,
headliners and substrates, carpets, fabrics and straps, in addition
to air and oil filters for a variety of customers such as Toyota
Motor Corporation and General Motors. For more information, visit
www.toyota-boshoku.co.jp/en/.
About D & R Technology Inc.
www.dnrtechnology.com
D & R Technology designs, manufactures, and markets
industrial and consumer products. Through independent subsidiaries
we provide state of the art automation technology solutions to
enable customers to dramatically accelerate time-to-market and
increase revenue.
D & R Technology Inc. is a recognized technology pioneer and
market leader in the area of engineering, design and the
manufacturing of automated tube processing solutions for the
automotive industry. It is emerging as one of the world's leading
providers of automated manufacturing solutions, which are used by
three of the top ten automotive part suppliers in the world. The
Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. Certain information
included in this press release contains statements that are
forward-looking, such as statements relating to the future
anticipated direction of the Company, plans for future expansion,
various business development activities, planned capital
expenditures, future funding sources, anticipated sales growth,
potential contracts, and/or aspects of litigation. Such
forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results
in the future, and, accordingly, such results may differ from those
expressed in any forward-looking statements made by, or on behalf
of, Ecoland International Inc. These risks and uncertainties
include, but are not limited to, those relating to development and
expansion activities, dependence on existing management, financing
activities, and domestic and global economic
conditions. Persons are encouraged to read our Annual Report
on Form 10-K for the year ended May 31, 2011 and our
other documents subsequently filed with the Securities and Exchange
Commission for meaningful cautionary language in respect of
forward-looking statements in this press release. Interested
persons are able to obtain free copies of filings containing
information about the Company at the SEC's internet site
(http://www.sec.gov). The Company assumes no obligation to update
any of these forward-looking statements.
CONTACT: Ecoland International, Inc.
Drasko Karanovic
drasko@dnrtechnology.com
www.dnrtechnology.com
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