CirTran Gets Another Major Order for Sold-on-TV Fitness Equipment.Sales Soar as CirTran has Shipped More than $1 Million Against $5.4 Million Contract SALT LAKE CITY -- CirTran Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CIRC), an international full-service contract manufacturer, marketer and distributor of IT, consumer and consumer electronics products, announced today that it has received another major order against a $5.4 million three-year contract with 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 for the sold-on-TV CorEvolution[TM] (www.mycorevolution.com) fitness system. Introduced and marketed via infomercials on TV earlier this year, CirTran is the exclusive manufacturer of the CorEvolution, a 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. The order, for more than $700,000, brings the total this year to $1.76 million, approximately 47% ahead of the first year guarantee of $1.2 million for the popular new product. CirTran 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. Iehab J. Hawatmeh said the purchase order included more than $680,000 for the CorEvolution machine, with the balance for a variety of accessory products and supplies. "The CorEvolution has proven to be very popular from the get-go," Mr. Hawatmeh said, noting that the products and its accessories were manufactured by CirTran-Asia. He said the latest order will be shipped in October and November, in time for the holiday gift-giving season. "CirTran has been a big part of the successful launch of our CorEvolution product," said John Cook, Evolve's president. "We are very pleased with the quality, look and performance of the CorEvolution Trainer, and the reaction to the product from our customers has exceeded our high expectations." About CirTran Corporation Founded in 1993, CirTran Corporation (OTCBB:CIRC) (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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. |
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