[0] CirTran Corp. Corrects Split Date.Business Editors/High-Tech Writers SALT LAKE CITY--(BUSINESS WIRE)--Aug. 6, 2001 CirTran Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Pink Sheets: CIRT CIRT Computer Incident Response Team CIRT Critical Incident Response Team CIRT Camara Nacional de La Industria de Radio y Television (Mexican Association of Broadcasters) CIRT Central Institute of Road Transport ) Monday announced that due to a breakdown in communication between the company and the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). , we have been notified that the previously approved forward split went into effect as of close of business Aug. 3, and that today, Monday Aug.6, would reflect this forward split. "We neglected to forward the pay date correctly, therefore, the delay was inevitable, it was simply an oversight that has been rectified," stated Iehab Hawatmeh, president of CirTran Corp. All shareholders of record at the close of business Aug. 3 have received for additional consideration on Aug. 6, 2001, 14 additional shares of common stock for each share held and the shares of common stock so issued shall be, when issued, fully paid and non-assessable. The transfer agent for CirTran Corp. is Interwest Transfer Co. Inc. They are located at P.O. Box 17136, Salt Lake City, UT 84117, and may be reached at 801/272-9294 by phone or 801/277-3147 by fax. About CirTran Corp. CirTran Corp., "CTC CTC - Cornell Theory Center ," provides a mixture of high- and medium-sized volume turnkey manufacturing services using surface mount technology (SMT (1) (Surface Mount Technology) See surface mount. (2) (Station ManagemenT) An FDDI network management protocol that provides direct management. Only one node requires the software. SMT - Station Management ), ball-grid array (BGA (Ball Grid Array) A popular surface mount chip package that uses a grid of solder balls as its connectors. Available in plastic and ceramic varieties, BGA is noted for its compact size, high lead count and low inductance, which allows lower voltages to be used. ) assembly, pin-through-hole (PTH PTH abbr. parathyroid hormone Parathyroid hormone (PTH) A chemical substance produced by the parathyroid glands. This hormone is a major element in regulating calcium in the body. ) and custom injection molded cabling for leading electronics OEMs in the communications, networking, peripherals, gaming, consumer products, telecommunications, automotive, medical and semiconductor industries. The company provides a wide variety of pre-manufacturing, manufacturing and post-manufacturing services. CTC's goal is to offer its customers the significant competitive advantages that can be obtained from manufacturing outsourcing such as access to advanced manufacturing technologies, shortened product time-to-market, reduced cost of production, more effective asset utilization, improved inventory management and increased purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. . For more about CirTran visit the company's website at http://www.cirtran.com. Safe Harbor Statement -- Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and may contain forward-looking statements, with words such as "anticipate," "believe," "expect," "future," "may," "will," "should," "plan," "projected," "intend" and similar expressions to identify forward-looking statements. These statements are based on the company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Accordingly, reference should be made to the company's periodic filings with the Securities and Exchange Commission. |
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