Dotronix Employee Temporary Lay Off
ST. PAUL, Minn.--(BUSINESS WIRE)--Jan. 28, 2005--DOTRONIX, INC. (OTCBB:DOTX) announced today that it has temporarily laid off 12 employees, substantially all of its workforce, due to a current lack of funds to pay salaries and related costs. The Company's cash position has resulted from a delay of further advances under its revolving line of credit. The Company is continuing discussions with investors regarding additional funding along with any proposals for strategic transactions for consideration. There is no assurance that the Company will be able to obtain additional funds or engage in any strategic transaction that may generate value for shareholders. If the Company does not obtain additional financing, the Company may be forced to cease operations.
