CirTran Receives New Order from United States Air Force; Continued Interest in Racore's Fiber Optic Network Adaptors by Various Government Agencies.SALT LAKE CITY -- CirTran Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: 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 electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced it has received a new order from the United States Air Force United States Air Force (USAF) Major component of the U.S. military organization, with primary responsibility for air warfare, air defense, and military space research. It also provides air services in coordination with the other military branches. U.S. . This new order is a follow-up order from its most recent order placed in July 2004. The order was placed through CirTran's 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. Racore Technology Corp. for its M8193 100FX Fiber Optic Network Adaptor See network adapter. Card, which is exclusively manufactured by CirTran Corp. and will be shipped to Ramstein Air Force Base in Germany. CirTran continues to provide the United States Air Force, as well as many United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. government agencies, its network adaptor units through this same relationship. Trevor M. Saliba, executive vice president, Worldwide Business Development, said, "We are very excited about this new order from the United States Air Force since it was placed directly by them. With the continued increase in government spending on defense and systems upgrade, we are very positive about CirTran's upside benefit in continuing our marketing campaign for pursuing large government contracts." About CirTran Corp. Founded in 1993, CirTran Corp. has established itself as a premier full-service contract electronics manufacturer by building printed circuit board assemblies, cables, and harnesses to the most exacting specifications. CirTran is headquartered in Salt Lake City with a state-of-the-art 40,000-square-foot facility. CirTran also provides "just-in-time" inventory management techniques that minimize the OEM's investment in component inventories, personnel and related facilities, thereby reducing costs and ensuring speedy time-to-market. For further information about CirTran, please visit the company's Web site located at www.cirtran.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Certain statements made herein that are not historical are forward looking within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and may contain forward-looking statements, with words such as "anticipate," "believe," "expect," "future," "may," "will," "should," "plan," "projected," "intend," and similar expressions to identify forward-looking statements. These statements are based on the company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Accordingly, reference should be made to the company's periodic filings with the Securities and Exchange Commission. |
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