Carson City, NV– Deltron Inc. (OTCBB: DTRO) announced recently that it has entered into a general supplier and patent agreement with a global Fortune 500 company. Deltron’s wholly owned manufacturing subsidiary, Elasco, Inc., has been selected by a major research and development company to work on production of a patented LED light transmission product.
On April 12, 2010 Deltron’s Elasco manufacturing subsidiary executed a general supplier and patent agreement with a leading diversified technology company with sales exceeding $20 billion and operations in more than 60 countries.
The company has chosen Elasco to provide expertise on the tooling, fixtures, equipment, molding and manufacturing processes of a new product in preparation for mass production. Elasco will also produce working prototypes.
The design is a patented light transmission product using long-lasting, environmentally friendly LED light sources. The product will have applications ranging from automotive interior and exterior lighting, lamp task lighting, decorative spotlighting and utility lighting.
Henry Larrucea, Deltron CEO, commented: “Entering into this product development agreement with a major Fortune 500 company represents a huge step forward for Deltron. We were selected by a global leader in research and development because we have the technical ability to meet their exacting requirements and capacity to deliver on their product development objectives. We are earning consulting revenue now and hope to turn our collaboration into a very lucrative manufacturing contract. As we move ahead we look forward to providing shareholders with more details.”
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BP (NYSE:BP)
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