CirTran's True Ceramic Pro Infomercial Listed Among 'Top Infomercials'.SALT LAKE CITY -- CirTran Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: 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 ), a full-service contract manufacturer of IT, consumer and consumer electronics products, said today that its infomercial for the True Ceramic Pro Flat Iron Kit has gained national recognition among the "Top Infomercials of 2005." "According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a listing in the new 'Electronic Retailer Magazine' of the 'Top 100 Infomercials of 2005', our 30-minute True Ceramic Pro infomercial was ranked 53rd," said Trevor M. Saliba, executive vice president for worldwide business development for CirTran. The research and ranking came from Jordan Whitney, Inc. (www.jwgreensheet.com), and includes the most aired and viewed infomercials. CirTran acquired the popular Flat Iron Pro infomercial in June with other assets other assets Assets of relatively small value. For financial reporting purposes, firms frequently combine small assets into a single category rather than listing each item separately. of Advanced Beauty Solutions, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (ABS) of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , including product inventory, intellectual property, customer lists and trade secrets, for $2.3 million. Background with True Ceramic Pro CirTran's history with the True Ceramic Pro began in January 2005 when it signed an exclusive manufacturing agreement with ABS for the product. Six months later, it signed another exclusive manufacturing agreement with ABS to manufacture a hair dryer kit. Through October 2005, CirTran shipped approximately $4.75 worth of flat iron product to ABS, for which it had received total payments of approximately $788,000. In November 2005, CirTran repossessed approximately $2.34 million in products from ABS in the U.S., as permitted pursuant to its contract. CirTran and the Beauty Products Business "Armed with this very popular infomercial, product inventory and strong industry knowledge, CirTran is now in the beauty products business," Mr. Saliba said. "We reintroduced the True Ceramic Pro Flat Iron Styling Kit earlier in July via the infomercial in a nationwide marketing program on DRTV DRTV Direct Response Television (media) ." CirTran signed a co-marketing agreement with Media Syndication Global, LLC (MSG MSG: see glutamic acid. ), a multi-channel consumer products direct marketing company, to merchandise the True Ceramic Pro in the U.S. and overseas. The contract has a value of at least $12 million per year to CirTran if minimums are met. About CirTran Corporation Founded in 1993, CirTran Corporation (OTC BB: CIRT, www.CirTran.com) is a premier international full-service contract manufacturer. Headquartered in Salt Lake City, its ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000-certified, non-captive 40,000-square foot manufacturing facility is the largest in the Intermountain in·ter·moun·tain adj. Located between mountains or mountain systems, especially lying between the Rocky Mountains and the Sierra Nevada or Cascade Range in the western United States. 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), founded in 1983 and reorganized as Racore Technology Corporation in 1997. In 2004, it formed CirTran-Asia as a high-volume manufacturing arm and wholly-owned subsidiary with its principal office in ShenZhen, China. CirTran-Asia operates in three primary business segments: high-volume electronics, fitness equipment and household products manufacturing, focusing on the multi-billion dollar Direct Response Industry. 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. |
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