Deltron (DTRO) Secures International Patent Rights for Breathing Valve Technology
GARDEN GROVE, Calif.–(BUSINESS WIRE)–Deltron, Inc. (OTCBB: DTRO – News) is pleased to announce that on August 4, 2010 the Company signed an agreement to secure both domestic and international patent rights for integral components of its highly innovative rebreather technology. Deltron’s Blu Vu division designs and develops components as well as complete systems for closed-circuit rebreathers, underwater life support systems that recirculate breathing gases to enable deeper, longer and more productive commercial and recreational dives.
Deltron has acquired the marketing and development rights to a highly innovative breathing valve and mouthpiece design comprised of a bailout valve, mouthpiece and valve unit for its leading edge rebreather systems. The acquisition gives its Blu Vu division the rights to develop new products based on the technology and to license the technology to other manufacturers of rebreathers and rebreather components throughout the United States, Europe and Australia. Patent applications for the technology have been filed and are awaiting approval.
Henry Larrucea, Deltron CEO, commented: “Securing international and domestic patent rights for these critical designs puts Blu Vu on firm footing for growth and leadership in the rebreather sector. We are proud of the design and development of these components and believe they add significantly to the value of Deltron’s intellectual property portfolio.”
Blu Vu designs and develops proprietary closed-circuit rebreathers and components for deep sea oil & gas exploration, mining, search and rescue, fire, building safety and hazardous materials applications as well as for 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.
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 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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