Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
PR for AFTERHOURS and THURSDAY 11/9
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by J_U_ICE: [QB] CIRT (.0238) Signs $4 Million Agreement for International Marketing of True Ceramic Pro Business Wire "US Press Releases " SALT LAKE CITY--(BUSINESS WIRE)-- CirTran Corporation (OTCBB:CIRT), an international full-service contract manufacturer, marketer and distributor of IT, consumer and consumer electronics products, today announced the signing of an exclusive agreement for the international marketing of its True Ceramic Pro Flat Iron Kit by Williams Worldwide Television of Santa Monica, California. CirTran acquired the Flat Iron Pro - a sold-on-TV favorite -- and other assets of Advanced Beauty Solutions, LLC (ABS) of Los Angeles, including product inventory, intellectual property, the infomercial, customer lists and trade secrets, earlier this year. The 30-minute Flat Iron Pro infomercial was ranked 53rd among the "Top Infomercials of 2005" by Electronic Retailer Magazine based on research from Jordan Whitney, Inc. (www.jwgreensheet.com) on the most aired and viewed infomercials. Trevor Saliba, executive vice president of worldwide business development for CirTran, said that the combination of the popular Flat Iron Pro, the proven infomercial, and Williams Worldwide "should be a real winner for CirTran. Williams Worldwide brings international experience marketing products on TV. We are excited about this agreement, and look forward to getting off to a good start in the holiday season." Mr. Saliba said that for Williams Worldwide to maintain exclusivity in marketing the Flat Iron Pro, it must generate a minimum of $4 million in annual sales for the CirTran-manufactured product. Williams Worldwide will market the True Ceramic Pro in Latin America (Argentina, Bolivia, Brazil, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Suriname, Uruguay and Venezuela), as well as in Puerto Rico, Australia/New Zealand, France, Austria, Taiwan, Hong Kong, Korea, Switzerland, Belgium and the Netherlands, the Philippines, Italy, Spain, Japan, Germany, Canada, China, the U.K., and the Middle East (the U.A.E., Saudi Arabia, Kuwait, Qatar, Oman, Bahrain, Jordan, Lebanon, Palestine, Egypt, Israel, Algeria, Tunisia, Morocco, and Mauritania). CirTran and the True Ceramic Pro CirTran first became involved with the True Ceramic Pro in January 2005 when it signed an exclusive manufacturing agreement with ABS for the product. Six months later, it signed another exclusive manufacturing agreement with ABS to manufacture a hair dryer kit. Through October 2005, CirTran shipped approximately $4.75 worth of flat iron product to ABS, for which it had received total payments of approximately $788,000. In November 2005, CirTran repossessed approximately $2.34 million in products from ABS in the U.S., as permitted pursuant to its contract. This past July, CirTran introduced the Flat Iron Pro in the U.S. through a co-marketing agreement with Media Syndication Global, LLC (MSG), a multi-channel consumer products direct marketing company, to merchandise the True Ceramic Pro in the U.S. and overseas. The contract has a value of at least $12 million per year to CirTran if minimums are met. About CirTran Corporation Founded in 1993, CirTran Corporation (OTCBB: CIRT), [URL=http://www.CirTran.com)]www.CirTran.com)[/URL] is a premier international full-service contract manufacturer. Headquartered in Salt Lake City, its ISO 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. 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 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. Source: CirTran Corporation [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2