M Line Holdings, Inc. (MLHC.OB) Grows for the Future

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M Line Holdings, Inc. (MLHC.OB) (“M Line”) has been implementing innovative ways to grow the company over the previous months.

Precision Engineering, Manufacturing, and Assembly for Aerospace & Beyond

M Line Holdings, Inc. (MLHC.OB)
Precision Engineering, Manufacturing, and Assembly for Aerospace & Beyond

M Line Holdings, Inc. (MLHC.OB) (“M Line”) has been implementing innovative ways to grow the company over the previous months. M Line is pleased to announce the appointment of Barton Webb to the leadership position at the flagship wholly owned subsidiary Eran Engineering, Inc. (“Eran”). This was the first step in the Board’s efforts to change the philosophy and introduce an energetic, aggressive management team. As of early September 2011 Barton had reorganized the division to fully capitalize on its core competence of producing precision manufactured and finely finished aircraft interior components and assemblies.

To lead and direct the sales and marketing of the refreshed and re-focused division, M Line appointed Frank X. Leon as Vice President of Sales. Mr. Leon has many years experience within the U$2.5 Billion Dollar interiors retrofit aftermarket, as well as the U$2.5 Billion Dollars in new aircraft interiors and Frank is an extremely qualified marketing leader for Eran’s niche in the commercial aircraft sales and support industries. In addition, Eran will be expanding its engineering capabilities; an area of expertise that helps M Line not only with existing customers and prospective new customers. This more aggressive attitude has already resulted in new business and Eran is expecting business to increase significantly over the next few months. To date this year Eran has increased manufacturing personnel by 50%. Management plans to add more employees over the next few months and to expand the second work shift.

Elite Machine Tool (“Elite”) a wholly owned subsidiary of M Line Holdings, had a solid year in fiscal 2011 and The Board is anticipating significant improvement in the coming year. Elite’s primary business is to acquire, refurbish and sells used CNC machine-tool equipment as well as services and rebuilds CNC equipment for customers. CNC machines are machines that are controlled by computers verses a machine controlled by handwheels or levers. The primary opportunity to assisting in Elite’s rapid growth is the availability of enough funds to purchase equipment as it becomes available. One of M Line’s prime objectives this year is to obtain a much improved capital line of credit which will provide considerably better buying power for Elite which will in turn result in more machines on the sales floor, an increase in revenues and improved profitability. With increased liquidity and reduced overhead and an overall better financial structure, Elite should have significant availability for buying power resulting in a much larger increase in revenues adding additional profits to the bottom line and this will ensure a very exciting year.

In July 2011 M Line Holdings, Inc., announced the acquisition of 19% of Mediatronics (http://www.mediatronicscorp.com). This is the first of the acquisitions from Money Line Capital, Inc. (“Money Line”).

Mediatronics (http://www.mediatronicscorp.com) business is described as follows:

  • An Original Design Manufacturer of innovative technology for the automotive OEM sector,     consumer/aftermarket and specialty vehicle markets.
  • Customizable hardware platforms and corresponding unique voice enabled applications together referred to as Vdriv TM are designed to enhance the driver’s productivity and infotainment experience while maintaining a critical focus on safety.
  • Connected Vehicle – Mediatronics is one of the leaders in the evolution of this newly emerging marketplace.
  • Applications in the vehicle include media-on-demand, real-time diagnostics/geo-location/tracking, remote start, Bluetooth and Wi-Fi-based communication, navigation and other content related services.
  • Cloud based Architecture – each of our applications are migrating from in-vehicle stand-alone radio-centric products to a cellular-centric product line which accesses content and services from the internet.
  • Vdriv… Your Voice in Motion!

“The Board continues to be excited about the progress of the Companies. Even a challenging economy provides new opportunities for growth and expansion into new markets. M Line strives to continue to achieve improved profits for the group and to continue to acquire new companies from both Money Line and elsewhere as acquisitions become available that meet growth needs and new market opportunities.” States George Colin, CEO M Line Holdings, Inc.

M Line Holdings, Inc. traces its beginning to 1978, when Eran Engineering was founded as a Computer Numerically Controlled (CNC) machining facility. Eran Engineering’s commitment to providing high quality, precision-engineered components laid the foundation for M Line Holdings. M Line Holdings has two primary business units: the Precision Manufacturing Group, of which Eran Engineering is a member, and the Machine and Tools Group for the sale of new and used CNC equipment. Over time, additional companies have been acquired to provide expanded vertically integrated capabilities for precision engineering manufacture and related services. M Line Holdings has remained consistent in the company mission, which is to support manufacturers of specialized, precision engineered components. M Line Holdings distinguishes itself by its engineering-centric approach, providing the highest quality through the use of state-of-the-art technology and integrated engineering, manufacturing, and assembly processes. Continued demand for M Line Holdings products resulted in a relocation to Tustin, California in June 2007 in order to increase manufacturing floor space approximately 400% and to centralize expanded assembly and manufacturing operations within the same facility. M Line Holdings is now one of the largest precision engineering companies in Southern California, and one of the largest dealers in new and used CNC machine tools in the western United States.

For more information or an interview with Tony Anish, M Line Holdings, Inc. (MLHC.OB) please email or call for scheduling:

tony(at)mlineholdings(dot)com
http://www.mlineholdings.com
info(at)mlineholdings(dot)com

(714) 630-6253 Phone
(714) 619-2339 Fax

M Line Holdings, Inc. (MLHC.OB)
Precision Engineering, Manufacturing, and Assembly for Aerospace & Beyond

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Forward-looking statements are identified by words such as “anticipates,” “projects,” “expects,” “plans,” “intends,” “believes,” “estimates,” “targets,” and other similar expressions that indicate trends and future events.

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George Colin, CEO

Tony Anish
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