{"id":380510,"date":"2020-11-12T18:13:11","date_gmt":"2020-11-12T23:13:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380510"},"modified":"2020-11-12T18:13:11","modified_gmt":"2020-11-12T23:13:11","slug":"intellitronix-acquires-universal-instruments-automated-conveyor-system-to-improve-product-output","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/intellitronix-acquires-universal-instruments-automated-conveyor-system-to-improve-product-output\/","title":{"rendered":"Intellitronix Acquires Universal Instruments Automated Conveyor System to Improve Product Output"},"content":{"rendered":"<div class=\"mw_release\">\n<p>EUCLID, Ohio, Nov.  12, 2020  (GLOBE NEWSWIRE) &#8212; Intellitronix Corporation, a wholly-owned subsidiary of the US Lighting Group, Inc. (OTC:USLG) and a leading manufacturer of automotive electronics, announced it has purchased a high-tech automated conveyor system that seamlessly integrates with the company\u2019s newly acquired Speed Print Technology 700 Series screen printer and Europlacer iineo+ Pick &amp; Place system. Universal Instrument\u2019s model 5362i conveyors are \u201cstate-of-the-art\u201d circuit board handling modules designed to operate in a variety of printed circuit board (PCB) assembly environments.<\/p>\n<p>\u201cAcquiring the Universal Instruments surface mount system that seamlessly joins our new screen printing and pick-n-place equipment purchases completes the first section of our new PCB assembly line. The surface mount modules are engineered for smooth material transfer to meet the stringent requirements of our electronic assembly process,\u201d said Paul Spivak, CEO of the US Lighting Group. \u201cThe company\u2019s strategic plan with its aggressive growth objectives plus the increased demand for Intellitronix automotive electronics products compelled us to add an additional high-tech line to our production process. We are excited with the advanced technology platform these equipment acquisitions provide us particularly the ability to process 30,000 electronics components per hour, variability of circuit board sizes, tighter quality control, and precision processing.\u201d<\/p>\n<p>Mr. Spivak continued, \u201cOur ability to purchase the new equipment would not be possible without the help and support of our shareholders, whom we are grateful to for their continued support.\u201d<\/p>\n<p>The company is designing and engineering new products for the automotive and RV industry and continues its research and development in the field of robotics utilizing artificial intelligence. <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=x5nouCSSv5PNtNDRmDvcGdbb2mFeIQ_7CeXfdpikpMMmF5g31aRkmg3QsZolVdkVe_0lp-L8lc6OyCReAPQwWIGztRjlqzPNNqqmCJ0O0dw=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>intellitronix.com<\/u><\/a><\/p>\n<p>\n        <b>About U.S. Lighting Group, Inc. and Intellitronix Corp <\/b>\n      <\/p>\n<p>US Lighting Group (OTC:USLG) and its wholly owned subsidiary, Intellitronix Corporation, are leading manufacturers of electronics, supplying growth sectors such as high-tech robotics utilizing our own in-house proprietary artificial intelligence, LED lighting, custom designed LED products, microprocessor-controlled LED instrumentation, custom private labeled electronics, automotive, RV, and marine electronics. The company has manufacturing and R&amp;D facilities in Cleveland, Ohio with an international sales distribution network. <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=HsSYkvXszkAtouGhibO5VwC50XIzWxjqUGFRx3U2SmcV9-TzCOnAw-iQEeY98OxqUZOXXBwH9LyYJ2xaTtf_7ye8GNYKI2ix9-N12MjVw8s=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>uslightinggroup.com<\/u><\/a><\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>\n      <\/p>\n<p>Statements included in this press release, other than statements of historical fact, are forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are typically, but not always, identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements.<\/p>\n<p>Contact<br \/>US Lighting Group<br \/>1148 East 222<sup>nd<\/sup> Street<br \/>Euclid, OH 44117 USA<br \/>T: +1 216.896.7000 ext. 207<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=D4GK19Nh9pTqhKMoQP_DsB_lwawnZTqWYwrDozREIN0WWuDpikF091uUHSJglcb0aaiqrFG8D1BjxlckrOrtfOc7_ldEaUym4DD4uvZAhyBT_uXz0t_wvHn74qKu4bny3mWKXzf4crnJ1VDn7avj0Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>shareholder-relations@uslightinggroup.com<\/u><\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4NTQzMCMzODI1NDcxIzUwMDA2ODI3OA==\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>EUCLID, Ohio, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; Intellitronix Corporation, a wholly-owned subsidiary of the US Lighting Group, Inc. (OTC:USLG) and a leading manufacturer of automotive electronics, announced it has purchased a high-tech automated conveyor system that seamlessly integrates with the company\u2019s newly acquired Speed Print Technology 700 Series screen printer and Europlacer iineo+ Pick &amp; Place system. Universal Instrument\u2019s model 5362i conveyors are \u201cstate-of-the-art\u201d circuit board handling modules designed to operate in a variety of printed circuit board (PCB) assembly environments. \u201cAcquiring the Universal Instruments surface mount system that seamlessly joins our new screen printing and pick-n-place equipment purchases completes the first section of our new PCB assembly line. The surface mount modules are engineered for smooth material transfer &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/intellitronix-acquires-universal-instruments-automated-conveyor-system-to-improve-product-output\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Intellitronix Acquires Universal Instruments Automated Conveyor System to Improve Product Output&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-380510","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Intellitronix Acquires Universal Instruments Automated Conveyor System to Improve Product Output - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/intellitronix-acquires-universal-instruments-automated-conveyor-system-to-improve-product-output\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Intellitronix Acquires Universal Instruments Automated Conveyor System to Improve Product Output - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EUCLID, Ohio, Nov. 12, 2020 (GLOBE NEWSWIRE) &#8212; Intellitronix Corporation, a wholly-owned subsidiary of the US Lighting Group, Inc. (OTC:USLG) and a leading manufacturer of automotive electronics, announced it has purchased a high-tech automated conveyor system that seamlessly integrates with the company\u2019s newly acquired Speed Print Technology 700 Series screen printer and Europlacer iineo+ Pick &amp; Place system. Universal Instrument\u2019s model 5362i conveyors are \u201cstate-of-the-art\u201d circuit board handling modules designed to operate in a variety of printed circuit board (PCB) assembly environments. \u201cAcquiring the Universal Instruments surface mount system that seamlessly joins our new screen printing and pick-n-place equipment purchases completes the first section of our new PCB assembly line. 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(OTC:USLG) and a leading manufacturer of automotive electronics, announced it has purchased a high-tech automated conveyor system that seamlessly integrates with the company\u2019s newly acquired Speed Print Technology 700 Series screen printer and Europlacer iineo+ Pick &amp; Place system. Universal Instrument\u2019s model 5362i conveyors are \u201cstate-of-the-art\u201d circuit board handling modules designed to operate in a variety of printed circuit board (PCB) assembly environments. \u201cAcquiring the Universal Instruments surface mount system that seamlessly joins our new screen printing and pick-n-place equipment purchases completes the first section of our new PCB assembly line. 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