CybeRelease: (OTC: PMRS) Auto íVí Grooving to Introduce New Metal Fabrication Technology
(CybeRelease, March 22, 2007) Ė Lake Harmony, Pa. - Premier Mortgage Resources, Inc. (OTC PK: PMRS) announced that Auto íVí Grooving Inc., long a world leader in the manufacture of high precision fabrication machinery, will soon be offering a process that can also fabricate metals. Nearly a year in development, this breakthrough technology opens up enormous additional markets for the company. Auto íVí expects to unveil these new machines to the metalworking industry by the end of the year.
ďAfter we have integrated this innovative process into our existing line of wood, solid surface and stone v-groovers, we will begin to aggressively market to an entirely new class of customers,Ē declares Steven Brown, President and Chief Executive Officer. ďThis is the next generation of application for our v-grooving technology. We firmly believe that the new products that will flow from this development have the potential to more than double our client base and add in excess of $25 million in sales to the company over the next 5 years.Ē
About Auto íVí Grooving Inc.
Based in Toronto, Ontario, Auto íVí Grooving Inc. is the innovator of the v-grooving fabrication process, and manufactures a line of high precision machinery incorporating this revolutionary technique. Over the last 35 years, more than 1600 machines have been installed worldwide, all of them still in full production operation. The company currently markets its equipment through major industry trade shows, direct sales and on the Internet.
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