Printer Friendly
The Free Library
14,505,807 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CirTran's Racore Subsidiary Gets Biggest Order to Date from Fortune 50 Company Lockheed Martin Corporation.


SALT LAKE CITY -- End of first graph should read: Lockheed Martin Corporation (NYSE NYSE

See: New York Stock Exchange
:LMT LMT left mentotransverse (position of fetus). ) (sted (NYSE:LMH)).

The corrected release reads:

CIRTRAN'S RACORE SUBSIDIARY GETS BIGGEST ORDER TO DATE FROM FORTUNE 50 COMPANY LOCKHEED MARTIN CORPORATION

CirTran Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: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
), an international full-service contract manufacturer of IT, consumer and consumer electronics products, said today that its Racore Technology, Inc., subsidiary has received an order from Lockheed Martin Corporation (NYSE:LMT).

Iehab J. Hawatmeh, founder, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of CirTran, which acquired the Racore in 1998, said the order from the Air Traffic Business Unit of Lockheed Martin in Rockville, Maryland, was for its M8195 fiber optic PCI (1) (Payment Card Industry) See PCI DSS.

(2) (Peripheral Component Interconnect) The most widely used I/O bus (peripheral bus).
 16/4 token-ring network adapters.

Lockheed Martin (www.lockheed.com), headquartered in Bethesda, Maryland, employs some 130,000 people worldwide and is principally engaged in the research, design, development, manufacture and integration of advanced technology systems, products and services. It reported sales of $31.8 billion for fiscal 2003.

"Winning confidence and business from a Fortune(R) 50 company is very special," said Mr. Hawatmeh. "Previously, Lockheed had asked for components to evaluate and even bought in very small quantities. Now we have the biggest order to date from Lockheed - for more than $18,000 - and everyone at CirTran/Racore is very excited."

Racore's M8195 fiber optic PCI 16/4 token ring network A LAN access method that uses the token passing technology in a physical ring. Each station in the network passes the token on to the station next to it. Token Ring and FDDI LANs use the token ring access method. See Token Ring, FDDI and token passing.  adapter uses fifth generation IBM(R) token-ring technology to provide reliable and compatible network operation. It functions with the IBM token-ring drivers included with many popular operating systems, including Windows(R) XP, NetWare(R) and IBM LAN Server IBM LAN Server started as a close cousin of Microsoft LAN Manager and first shipped in early 1988. It was originally designed to run on top of Operating System/2 Extended Edition. The network client was called IBM LAN Requester and was included with OS/2 EE 1.1 by default. , and has received security clearances from multiple federal law enforcement and service and agencies.

About CirTran Corporation

Founded in 1993, CirTran Corporation (OTCBB:CIRT), (www.CirTran.com) is a premier international full-service contract manufacturer of low to mid size volume contracts for printed circuit board assemblies, cables and harnesses to the most exacting specifications. Headquartered in Salt Lake City, CirTran's modern 40,000-square foot manufacturing facility is the largest in the Intermountain Region, providing "just-in-time" inventory management techniques designed to minimize an OEM's investment in component inventories, personnel and related facilities, while reducing costs and ensuring speedy time-to-market. In 1998, CirTran acquired Racore Technology (www.racore.com), which was founded in 1983 and reorganized as Racore Technology Corporation in 1997. A pioneer in LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used.  technology in the 1980s, Racore helped define "token-ring" as a member of the IEEE 802.5/802.2 committees. In 2004, CirTran formed CirTran-Asia (www.CirTran-Asia.com) as a high-volume manufacturing arm and wholly-owned subsidiary of CirTran Corporation with its principal office in ShenZhen, China.

This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.

All trademarks are properties of their respective owners.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jan 25, 2005
Words:494
Previous Article:Research and Markets: Vaccination will be Necessary in Poorer Countries to Reduce AIDS Related Mortality.
Next Article:Stone & Youngberg Continues Business Expansion.



Related Articles
Big deals in short. (News).
Big deals in short.(Business)
CirTran's Racore Subsidiary Gets Follow-up Order from Fortune 50 Company Lockheed Martin Corp.
Lockheed Martin Account at CirTran Continues to Grow with Third 2005 Order for Token-Ring Network Adapters.
CirTran Continues Strong Second Quarter with Shipment to Fortune 50 Lockheed Martin.
Top Companies and Government Agencies Recognize Security and Dependability Provided by Racore.
CirTran's Racore Subsidiary Gets Another Order from Lockheed Martin; 'Repeat Business from a Fortune 50 Just Can't Be Beat' Says CirTran Exec.
LOCKHEED VOLUNTEERS GET BUSH NOD.(News)
Big deals in short.(Business)
Big deals in short.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles