CirTran Corporation Grows its U.S. Manufacturing Business with Contracts from Flextronics and Other Major Companies.SALT LAKE CITY -- 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 it is continuing to grow its U.S. business by serving some of the largest manufacturing-driven companies in the nation, including its first contract from Flextronics International Ltd. "Winning business from a major player like Flextronics (Nasdaq:FLEX) (www.flextronics.com), which did in excess of $14 billion in sales in 2004, recognizes CirTran's capabilities and reputation for excellence," said Trevor M. Saliba, the company's executive vice president for worldwide business development. CirTran is building RF Sputtering A popular method for adhering thin films onto a substrate. Sputtering is done by bombarding a target material with a charged gas (typically argon) which releases atoms in the target that coats the nearby substrate. It all takes place inside a magnetron vacuum chamber under low pressure. PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. assemblies for Flextronics in its 40,000-square-foot facility in Salt Lake City, the largest manufacturing plant in the Utah/Nevada 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. "With Flextronics and other major players recognizing our capabilities, we are in excellent position to continue to grow our core revenue base in the U.S.," Mr. Saliba said. Along with the Flextronics contract, CirTran is also contracted to build components for other major companies, including: --a CallPilot(TM) cable for Nortel(TM) (www.nortel.com) (NYSE NYSE See: New York Stock Exchange :NT); --a Harley-Davidson(R) motorcycle cable for Dynojet (www.dynojet.com); --an ice box cluster management appliance for Linux Networx(TM) (www.linuxnetworx.com); --a wheelchair lift controller PCB assembly for Maxon (www.maxonlift.com), and --a DC Prescan Power Cable for KLA-Tencor Corp. (www.kla-tencor.com) (Nasdaq:KLAC). "Add to these major companies the recent contract won by our Racore Corp. (see CirTran Subsidiary Gets First Significant Order from Fortune 50 Company Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Corporation, Business Wire, Jan. 25), and it's easy to see why CirTran is excited about the growth of our U.S. business," said Mr. Saliba. 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 (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.5/802.2 committees. About CirTran-Asia CirTran-Asia (www.CirTran-Asia.com) was formed in 2004 as a high-volume manufacturing arm and wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CirTran Corporation, 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 being a leading manufacturer for the multi-billion-dollar Direct Response Industry, which sells through infomercials, print and internet advertisements. 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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