TUSTIN, Calif., April 3, 2014 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company"), a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment, is pleased to announce that it has received a long term contract in the amount of more than $600,000 over three years from one of its newest customers.
M Line's customer designs, manufactures and markets technology components and systems for the aerospace, defense, land vehicle, and energy markets. It has facilities in some 13 countries worldwide and has revenues in excess of $1 Billion.
Bruce Barren, M line's CEO, stated, "This is another small step towards sustained growth of our Company. This order supports our continued drive to achieve increased profitability, and as a result improved shareholder value. Yes, your Company and its management continue to strive for more tangible results on a daily basis, as promised."
Tony Anish M Line's COO stated, "This is excellent work from our marketing team. We expect to receive larger orders from this customer and from many of our new and revitalized customers. We are continuing to push for more and more new business. The market is now realizing the efforts of your management group recognizing that we are here to stay, grow and drive results."
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, Beckman Coulter, BE Aerospace and SIE (Structural Integrity Engineering, Inc.). The Company is headquartered in Tustin, California. For more information see our website at http://www.mlineholdings.com/
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CONTACT: Investor Relations: Howard Gostrand firstname.lastname@example.org 305.918.7000Source:M Line Holdings, Inc.