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CirTran Receives First Release Against New $5.4 Million Contract.


New Exercise Products to Be Showcased on TV Starting Next Month

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
) said today that it has received the first purchase order against the new $5.4 million exclusive manufacturing contract it signed last week to built a new fitness product for the sold-on-TV market.

Iehab J. Hawatmeh, 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, an international full-service contract manufacturer, marketer and distributor of IT, consumer and consumer electronics products, said the initial purchase order was for more than $54,000 in product.

"The working prototype of the new product has been built and approved, with minor changes to be made in the first manufacturing run," Mr. Hawatmeh said. Product will be built by CirTran-Asia, and is scheduled to be shipped to the U.S. by the end of the second week of January.

"Our customer is currently finalizing its infomercial," Mr. Hawatmeh said. "Their plan is to begin airing the infomercial nationwide by the end of January in its initial testing period, with the first shipment of product used to fulfill initial orders."

When it announced the new contract last week, CirTran said that the Ohio-based customer had committed to $5.4 million in minimum orders -- $1.2 million in the first year, $1.8 million in the second year, and $2.4 million in the third year -- as part of the exclusive five-year contract.

The new product is 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 physical fitness boom has never been stronger than it is right now -- particularly when you consider all those New Year's resolutions A New Year's Resolution is a commitment that an individual makes to a project or a habit, often a lifestyle change that is generally interpreted as advantageous. The name comes from the fact that these commitments normally go into effect on New Year's Day and remain until the set  to lose weight and get in shape," Mr. Hawatmeh said. "By getting product into the marketplace early in the year, when consumers work out indoors in preparation for the spring and summer months, our customer will be in position to maximize its marketing efforts, including keeping CirTran busy fulfilling additional purchase orders."

About CirTran Corporation

Founded in 1993, CirTran Corporation (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 re·or·gan·ize  
v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es

v.tr.
To organize again or anew.

v.intr.
To undergo or effect changes in organization.
 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 multibillion-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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 5, 2006
Words:520
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