Novus Robotics Inc. Announces Operational Update
06 February 2013 - 1:30AM
Marketwired
Novus Robotics Inc., formerly known as Ecoland International Inc.
(OTCQB: NRBT) (hereinafter referred to as the "Company"), is
supplying components, integrated systems and robotic modules to the
world's top ten automotive suppliers. Through its wholly-owned
subsidiary, D&R Technology Inc., the Company currently offers
sector and technology specific solutions to enable its customers to
dramatically accelerate time-to-market and revenue.
The Company estimates its gross revenue earned in 2012 was
$3,600,000 and further believes that its gross revenue may increase
to $5,000,000 for fiscal year 2013 based upon current receipt of
purchase orders totaling $1,100,000. The Company anticipates filing
its annual report for fiscal year ended December 31, 2012 on Form
10-K by approximately March 31, 2013.
Projected revenues will be derived from one primary source:
design and manufacturing of automated assembly line systems; used
primarily by the automotive industry. The projections have been
published in a revised business plan that includes in-depth
background information on the company, its structure and management
team, descriptions of its products and services, operational plans
for its profit centers, as well as management's certified financial
statements.
"I believe our projections to be a robust estimate of where the
Company is headed from an earnings perspective," declares the
Company's President/Chief Executive Officer, Dino Paolucci. Mr.
Paolucci further states that "In the upcoming year, we will
continue offering a succession of extraordinary products and
services that will undoubtedly trigger a substantial increase in
our revenues. I fully expect the Company to achieve profitability
in the coming years and will provide shareholders with financial
gains over the next three years."
About Novus Robotics Inc. (www.novusroboitcs.com)
To date, the Company's primary activities include design, build
and installation of tube related automated systems used by
automotive parts and assembly suppliers. The Company is currently
offering products such as Seat Frame Systems, IP Tube systems and
Integrated Bend - Weld Systems for the automotive industry.
The global automotive manufacturing industry operates in an
increasingly aggressive marketplace whose performance is tied
directly to the performance of the large and growing retail
automobile industry. The top six companies in the global
manufacturing industry are General Motors (GM), Toyota, Ford,
DaimlerChrysler, Volkswagen and Honda, and of those, the Company
has produced machines which supply parts and components for FIVE of
the top six manufacturers in world.
Today, the OEM's are globally producing over 54 million new
vehicles per year. Management of the Company believes that by
achieving a small percentage of the total market share, this could
translate into over $5,000,000 in annual sales. In the automotive
market, the Company believes it is a major supplier of production
lines, which produce integrated seating and interior systems. The
Company, through its wholly-owned subsidiary, D&R Technology
Inc, delivers systems to Tier I companies, i.e. Johnson Control,
which in turn produces parts for several major automotive brands
including Ford, General Motors (GM), Toyota, DaimlerChrysler,
Nissan and Honda.
An exceptionally high standard of quality, excellent customer
relationships and strong mutual trust are the building blocks of
our company. This is a philosophy that our customers also
appreciate. For over three decades well known automotive parts
suppliers worldwide have been investing in the Company's
wholly-owned subsidiary, D&R Technology's management team's
automation solutions and in doing so have given it a competitive
edge.
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 Novus Robotics 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 Quarterly Reports on Form 10-Q for
quarters ended September 30, 2012, June 30, 2012 and March 31,
2012, and our Annual Report on Form 10-K for the year ended
December 31, 2012 and 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 Information: Berardino Paolucci 7669 Kimbal Street
Mississauga, Ontario Canada (905) 672-7669
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