Navigation Links
Another New Customer And Co-Operation Announced By M Line Holdings, Inc., Adding Potential New Revenue And Earnings
Date:12/3/2013

TUSTIN, Calif., Dec. 3, 2013 /PRNewswire/ -- M Line Holdings, Inc. (OTCQB:MLHC) ("M Line") announces that Precision Aerospace and Technologies, Inc., an operating subsidiary of M Line has entered into a co-operation agreement with Structural Integrity Engineering, Inc. ("SIE") headquartered in Chatsworth, California with additional offices in the State of Washington and Spain. SIE whose customers include Boeing, FedEx, L-3 Communications, United Airlines, will provide comprehensive engineering and manufacturing solutions to both SIE and Precision's customers. 

Tony Anish, M Line's COO stated, "This is yet another example of the manner in which M Line is expanding its aerospace customer base and its ability to service those customers with their manufacturing, assembly and kitting requirements as well as, through this relationship, provide engineering design and certification services.  We hope to announce our first joint project very shortly."

Bruce Barren, CEO stated,  "One of our core objectives is to reduce customer concentrations in order to achieve a larger customer base with less reliance on any one customer as has been M Line's situation in the past. This is a further step in that direction and we are excited by the prospects of this team relationship and the overall benefits to M Line shareholder value through increased revenues and profits. SIE has a number of existing relationships which would be new for M Line where we can provide a critical manufacturing source for them. They represent to us important revenue and enhanced profit opportunities to say the least.  These types of customers provide higher margins due to the reduced marketing costs, once the relationships are established."

Matt Creager, SIE's President stated, "SIE's customers have been looking for a one stop shop to get the aircraft modification and design they require with the ability to manufacture, assemble and the kitting of the parts necessary to upgrade their aircraft.  The relationship with Precision Aerospace & Technologies gives us the ability to provide full service engineering and customer aircraft parts manufacturing to our customers."

About M Line Holdings, Inc.

M Line Holdings, Inc. (OTCQB: MLHC). M Line provides products and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment. Key customers of our group include Panasonic Avionics, UTC Aerospace Systems and Beckman Coulter. The Company is headquartered in Tustin, California. For more information see our website at www.mlineholdings.com

About Precision Aerospace and Technologies, Inc.

Precision is an operating subsidiary of M Line.  Precision operates out of a 50,000 sq. ft. facility in Tustin, CA.  Precision is a customer focused, industry leading aircraft component manufacturer offering low cost build-to-print and assembly services for production and spare parts.  Precision, with an installed base of over forty CNC machines, manufactures parts and assemblies primarily for the aerospace and medical industries. (www.precisionaerotech.com)

About Structural Integrity Engineering (SIE)

SIE, based in Chatsworth CA with offices in Seattle WA and Madrid, Spain, was formed in 1981 to provide design engineering, analysis, FAA certification, and program management services to the aviation industry. SIE performs design, certification, and installation projects related to major aircraft modifications including Interior Reconfigurations, Freighter Conversions, Engine Flying Test Bed Aircraft,  Satcom Antenna (Ku-Band/Ka-Band) & Security Systems, Camera and Sensor Installations, Special Mission Aircraft and a wide range of installation design for VIP, commercial, Government and Military aircraft.  (www.sieinc.com)

Forward Looking Statements

This news release contains certain "forward- looking statements." Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company's control. The forward-looking statements are also identified through the use of words "believe," enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict" "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from these forward-looking statements as a result of a number of risk factors detailed in the Company's periodic reports filed with the SEC. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved.


'/>"/>
SOURCE M Line Holdings, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. ENCO Pharmaceutical Development Announces Another Successful FDA Inspection - Its 2nd This Year
2. Burlington Coat Factory Completes Another Record Year of Supporting The Leukemia & Lymphoma Society in its Quest to Beat Cancer
3. Wholesale Supplier Sarah Medic Provides Vast Inventory of Quality Medical Equipment and Exceptional Customer Service
4. Philanthropic Grants, Product Launches, Promising Partnerships, and Customer Satisfaction Rankings - Research Report on CVS Caremark, Walgreens, McKesson, AmerisourceBergen, and Cardinal Health
5. Hcg-injections.co is a website that provides HCG injections and vitamin B12 injections. These products taken under prescription help customers lose weight. The website is secure and process orders within the same working day and delivers promptly
6. Customer MedCom to Provide Innovative Telemedicine with Acano
7. Kaiser Permanentes Mail-Order Pharmacies Ranked Highest in Customer Satisfaction by J.D. Power for 5th Year in a Row
8. Olympus Medical Business Launches New Website to Enhance Customer Experience
9. Pharmaceutical Marketing Groups Turning to Innovative Tactics and Strategies to Engage Key Customer Groups
10. AVTs Customer Medbox, Makes Wall Street Journal MarketWatch Headlines Again
11. Pharmaceutical Industry Relies on Medical Science Liaisons to Generate Value across a Diverse Set of Customers
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/25/2016)... , Germany and ... QIAGEN N.V. (NASDAQ: QGEN ; Frankfurt Prime ... a licensing and co-development agreement with Therawis Diagnostics GmbH to ... will be to develop and market PITX2 as a marker ... other high-risk breast cancer patients. "We are pleased ...
(Date:5/25/2016)... , May 25, 2016 ... & Expo earlier this month, the numbers and momentum ... continue to climb into the billions, more research and ... released 4th Edition State of Legal Marijuana Markets Report ... cannabis-focused data-analysis firm, much of the increase in sector ...
(Date:5/25/2016)... May 25, 2016 Inivata, ... precision of circulating tumour DNA (ctDNA) analysis to ... appointment of Professor Clive Morris as ... across the clinical development programme, scientific collaborations, and ... deliver significant improvements in clinical outcomes for patients. ...
Breaking Medicine Technology:
(Date:5/27/2016)... ... May 27, 2016 , ... ... help educate the many who are unaware of the plight of aphasia. In ... run within the “Stroke Awareness” campaign. , The link between stroke and aphasia ...
(Date:5/27/2016)... ... May 27, 2016 , ... Aimed ... by inspiring human interest stories, courtesy of leaders in the nursing and health ... the industry, from leading advocates and associations—namely Jones & Bartlett Learning. , Jones ...
(Date:5/27/2016)... (PRWEB) , ... May 27, 2016 , ... ... in scholarships to students studying complementary medicine. Allison Outerbridge is this year’s ... her award on May 18 at the university’s Student Leadership Awards ceremony. , ...
(Date:5/26/2016)... ... , ... Despite last week’s media reports hinting at a June rate hike ... March 2017 for an interest rate increase, according to Rajeev Dhawan of the Economic ... Federal Open Market Committee (FOMC) dot charts are of interest to the press for ...
(Date:5/26/2016)... New Hampshire (PRWEB) , ... May 26, 2016 , ... ... skin care products, has been honored with a 2016 When Work Works Award for ... prestigious award, part of the national When Work Works project administered by the Families ...
Breaking Medicine News(10 mins):