National Automation Services, Inc. (NASV) Provides Update on Operations
National Automation Services, Inc. today updated investors on current activity and new contracts.
Over the first quarter period of this year, the company has completed settlement negotiations with Trafalgar Capital; filed its reviewed financials of the 3rd quarter ending September 30, 2010; and filed its full audited financials for the fiscal year ending December 31, 2010, bringing the company current on all its filings. National Automation Services also recently announced the signing of a Letter of Intent with Versant Funding LLC.
The company has received contracts for upgrading a Plating Line for a large battery manufacturer located in Arizona by implementing a PC-based control system to improve the performance of the manufacturer process, control of batch recipes, and collection of manufacturing data which enable technological advances which are being implemented using laser guided crane controls to move the manufactured parts through the plating process, as well as a contract with major mining operations in Arizona and Mexico in automating the mines output of silver and copper.
Dayv Marlow, VP Sales and Marketing, stated, “With a world-wide economic focus on Green and Renewable Energies the need for new battery technologies and battery manufacturing processes will be an emerging market for automation technologies and services. We are looking forward to focusing on other market segments, including projects in Brazil, with focus on Renewable Energies.”
Please see disclaimer on QualityStocks website: disclaimer.qualitystocks.net
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.