D&R Technology Completes Major Project for Johnson Controls
CHANDLER, AZ — Leading industrial robotics and automation specialist D&R Technology has been involved in growing number of tube processing projects worldwide. Most recently, D&R Technology successfully completed a major project, valued at US$1.2 million, for Johnson Controls (JCI). D&R Technology Inc., a wholly owned subsidiary of Ecoland International, Inc. (OTCBB: ECIT) has a wide portfolio of state-of-the-art products and solutions in tube processing industry. D&R Technology has a track record in the US, Canada and Mexico as a market leader in delivering turn-key systems for production of car-seats components. D&R’s Tube Processing System has been perceived as the best performing equipment by primary automotive suppliers through their full compliance with industry standards, their flexibility, production rate and outstanding quality.
Drasko Karanovic, President and CEO, said the company had recently been involved in a growing number of projects worldwide.
Mr. Karanovic said: “There has been a surge in interest from an increasing number of automotive suppliers in Americas and Europe. Every single auto supplier we’ve talked to recently has a positive outlook for 2012 and 2013. The momentum for added production is expected to continue this year as auto deliveries may rise about 5.6 percent to 13.5 million in US alone. After China, the U.S. is the market where executives expect the most growth. With our passionate commitment to R&D and strong relationship with industry leaders we remain in the forefront of technological development. Our state-of-the-art products and integrated solutions help customers like JCI achieve greater efficiency, increase performance and expand market reach.”
About — Johnson Controls (NYSE:JCI)
Johnson Controls, Inc. engages in building efficiency, automotive experience, and power solutions businesses worldwide. Its building efficiency business designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, as well as building management systems, controls, and security and mechanical equipment. This business also provides technical services, energy management consulting, and operations of real estate portfolios for the non-residential buildings market. In addition, this business offers residential air conditioning and heating systems, and industrial refrigeration products. The company’s automotive experience business designs and manufactures interior products and systems for passenger cars and light trucks, including vans, pick-up trucks, and sport/crossover utility vehicles serving original equipment manufacturers. It offers seating systems and components; cockpit systems comprising instrument panels and clusters, information displays, and body controllers; overhead systems, such as headliners and electronic convenience features; floor consoles; and door systems. The company’s power solutions business produces lead-acid automotive batteries, as well as offers absorbent glass mat and lithium-ion battery technologies to power hybrid and electric vehicles. It serves automotive original equipment manufacturers and the general vehicle battery aftermarket. The company was formerly known as Johnson Electric Service Company and changed its name to Johnson Controls, Inc. in 1974. Johnson Controls, Inc. was founded in 1885 and is headquartered in Milwaukee, Wisconsin.
About D & R Technology Inc.
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.
Ecoland International, Inc. Drasko Karanovic firstname.lastname@example.org www.dnrtechnology.com
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