CirTran Names Fadi Nora as First Outside Member of its Board.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, today announced that Fadi Nora, a financial industry executive, has become the first outside member of its Board of Directors. The announcement was made by 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, who welcomed Mr. Nora to the Board which now includes Trevor M. Saliba, the company's executive vice president of worldwide business development and himself. "Fadi Nora brings a wealth of experience to CirTran, and adds an important outside voice to our decision-making process," Mr. Hawatmeh said, noting that Mr. Nora is a director and consultant to ANAHOP, Inc., of Anaheim, Calif., a private firm which already funded $1.5 million of its committed $3 million warrants-driven investment in CirTran in 2006. Mr. Nora, 45, began his financial industry career in 1987 when he joined Prudential Insurance Services and its affiliated securities brokerage firm, Pru-Bach, as a district sales manager. There, he developed and formulated innovative marketing plans, managed multi-million dollar portfolios, and received several corporate awards, including ranking in the top 1% among the company's more than 45,000 sales professionals worldwide. In 1992, Mr. Nora started a private consulting group, working with businesses in the U.S. and abroad, developing and implementing business plans for entrepreneurial endeavors. He also served as an associate managing director for Etcetera, a subsidiary of the London-based advertising agency, Saatchi & Saatchi, and has been successful in many different business forums, including insurance, financial services, securities and stock trading, as well as the automotive, food and music industries. Along with his involvement with ANAHOP, Mr. Nora serves as the CFO See Chief Financial Officer. of the Focus Media Group. Mr. Nora earned an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration , with a Masters in Management, from the School of Business at Azusa Pacific University External links
Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against from UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX . "I worked with Iehab Hawatmeh and Trevor Saliba, now fellow Board members, during the due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. process of investing in CirTran on behalf of ANAHOP last year, and was impressed with the company and its leadership," said Mr. Nora. "It is my most sincere hope to make a meaningful contribution to what I believe will be a bright future for CirTran." 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 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. The Company disclaims any obligation or intention to update any forward-looking statements. All trademarks are properties of their respective owners. |
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