CirTran Gets $1 Million Order for Sold-on-TV Fitness Equipment.First Major Shipment in $5.4 Million Three-Year Contract 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, marketer and distributor of IT, consumer and consumer electronics products, said it has received a $1 million order to build and ship the CorEvolution[TM] (www.mycorevolution.com), a new fitness product for the sold-on-TV market. Trevor Saliba, CirTran's chief marketing officer, said the order is part of a $1.2 million first-year guarantee - and a $5.4 million contract over three years - from Evolve Projects, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , of Akron, Ohio Akron is a city in the U.S. state of Ohio and the county seat of Summit County.GR6 The municipality is located in northeastern Ohio on the Cuyahoga River between Cleveland to the north and Canton to the south, approximately 60 miles (96 km) west of . In March, CirTran shipped approximately $60,000 of product for fulfillment in the initial testing of the CorEvolution infomercial and marketing program. "With this order," said Mr. Saliba, "production of the CorEvolution now moves full-speed ahead at CirTran-Asia's manufacturing facilities in China." He said the order should be completed and shipped within 60 to 90 days, putting CirTran ahead of the first-year target for the fitness product designed to strengthen and rehabilitate re·ha·bil·i·tate v. 1. To restore to good health or useful life, as through therapy and education. 2. To restore to good condition, operation, or capacity. the lower back and adjacent areas of the body. John Cook, president of Evolve, said testing of the infomercial and first products shipped "exceeded expectations. With lower back problems growing as consumers spend more time driving, working at PCs, playing video games See video game console. , or just being 'couch potatoes,' the quality and value of the CorEvolution built by CirTran should make the product and its marketing campaign successful from the outset," he said. "Now, with the arrival of long-awaited warmer weather, and as interest in being in shape and out of doors builds, we expect interest and orders for the CorEvolution to build as well," Mr. Saliba said. About CirTran Corporation Founded in 1993, CirTran Corporation (OTCBB: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. Continuing to grow, in 2004 CirTran formed CirTran-Asia 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. with its principal office in ShenZhen, China. Today, 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. All trademarks are properties of their respective owners. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion