Charles Ho Signs Three-Year Employment Agreement as President of CirTran-Asia Inc.

SALT LAKE CITY -- Electronics manufacturer CirTran Corp. (OTC BB: CIRT) today announced Charles Ho has signed an exclusive employment agreement as president of its wholly owned subsidiary, CirTran-Asia Inc. Under the terms of the agreement, Ho will be engaged as president of CirTran-Asia for a minimum of a three-year period. Ho's immediate responsibility is to establish an Asia-based satellite office and begin implementation of the CirTran-Asia business and marketing plan of pursuing the complete "box-build" or "turn-key" relationships in the electronics, retail and direct consumer markets.

CirTran-Asia's office will initially be utilized solely as a sales office for the company. The parent company, CirTran Corp., estimates it will require at least 12 months to fully penetrate and establish its presence in this incredibly high-growth market. During that time, product manufacturing will be subcontracted to local manufacturers, thereby controlling operating expenses for the parent company, while also helping the company meet its rapidly growing production schedule. Ho has already started initial proceedings on manufacturing multiple product lines for CirTran-Asia. Corporate manufacturing facilities for the new division will be established following the successful implementation of its sales strategy.

Iehab J. Hawatmeh, president and CEO of CirTran Corp., commented, "We are very honored to have an executive of Mr. Ho's caliber, expertise, market knowledge and capabilities running our CirTran-Asia division. Mr. Ho is truly an intricate and important asset to the CirTran team and by the execution of this agreement confirms his commitment to CirTran's success."

CirTran-Asia is currently in the process of interviewing executives to work here in the United States in tandem with the company's Asian office and Ho.

About CirTran Corp.

Founded in 1993, CirTran Corp. has established itself as a premier full-service contract electronics manufacturer by building printed circuit board assemblies, cables and harnesses to the most exacting specifications. CirTran is headquartered in Salt Lake City with a state-of-the-art 40,000 square-foot facility. CirTran also provides "just-in-time" inventory management techniques that minimize the OEM's investment in component inventories, personnel and related facilities, thereby reducing costs and ensuring speedy time-to-market. For further information about CirTran, please visit the company's Web site located at www.cirtran.com.

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