Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CirTran Retains The RCG Group.


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 they have engaged the services of The RCG RCG Responsible Conduct of Gambling
RCG Revolutionary Communist Group (Northern Ireland)
RCG Raiffeisen Central Genossenschaft (German: Raiffeisen Cooperative)
RCG Race, Class and Gender
 Group "RCG" to assist in certain financial relations/corporate communications and other consulting services.

RCG is being retained to specifically assist the Company in developing and executing an effective financial relations/corporate communications strategy. The primary objective of such program will be to position CirTran to secure and then maintain a listing on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 or NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 markets as soon as is reasonably possible. Additionally,

RCG has been retained to further assist the Company in its endeavor to secure meaningful public, trading market sponsorship from professional investors as well as certain members of the institutional investment community.

Iehab 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, commented, "RCG's, principal, A. Max Ramras, brings significant experience in working with emerging growth companies, having consulted for more than 200 micro-, small-, and mid-cap companies in the areas of financial relations, capital formation and business development. We are confident he can assist us develop and execute a financial relations strategy which will more effectively communicate the investment potential of CirTran as we transition from a manufacturing organization to a producer and marketer of innovative consumer products."

Max Ramras, President and CEO of the RCG Group added, "CirTran is evolving from a low-margin manufacturer of products in a highly competitive market with extraordinary pricing pressure into a sophisticated organization which not only develops and manufactures, but also promotes and distributes innovative consumer products in a state-of-the-art manner. I am extremely pleased to be working with CirTran at this stage of their growth and development. I look forward to assisting them to more effectively convey this transitional story to the most appropriate members of the professional investment community."

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 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. In 2004, it formed CirTran-Asia as a high-volume manufacturing arm and wholly-owned subsidiary with its principal office in ShenZhen, China. 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.
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.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Oct 3, 2006
Words:499
Previous Article:SunGard's Phase3 and Related Broker/Dealer Solutions Achieve SEI's CMMI(R) Level 2 Rating.
Next Article:DRS Technologies Receives $143 Million Contract, Including Options, to Provide Decontamination Systems for the U.S. Military.
Topics:



Related Articles
IBM Consulting, RCG join ranks of partners.
RCG Companies' CEO, Michael Pruitt, to Ring the Opening Bell for Trading on the American Stock Exchange on May 11, 2004.
$292m raised for RCG Longview fund.
RCG Longview gets in mezz.
Mezzanine plan that adds up.
$8m mall deal closed.
CirTran Again Reports Record Profits in 10-Q Filing; Company 'Moving Closer to Amex Listing Requirements' with Profits up over 200% for 3rd Quarter...
CirTran Projects First Profitable Year for Fiscal 2005, with Worldwide Sales Growing Nearly 1,000% in Two Years.
CirTran Celebrates 'Successful Conclusions' of Litigations, Now Set to File 10-KSB for Fiscal 2005 with SEC This Week.
CirTran Management Updates Shareholders on Year to Date Progress for 2006 Operations.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles