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DJHarrell
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This one has been taken down lately. Look at a 1yr chart and judge the next move for yourself.

Press Release Source: CirTran Corp.


CirTran Receives $4,090,000 Purchase Order to Build New Electric Household Cooking Appliance Machine
Wednesday August 11, 6:00 am ET
Over $5.5 Million in New Orders Received This Week


SALT LAKE CITY--(BUSINESS WIRE)--Aug. 11, 2004--CirTran Corp. (OTC BB: CIRT - News), an international full-service contract electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced it has been awarded an initial purchase order for $4,090,000 through its wholly owned subsidiary, CirTran-Asia Inc. The order is to build a new electric household cooking appliance that will be introduced to the world market in the next couple of months. This initial order exceeds 200,000 units.
The product is similar to, yet ultimately much different from other successful home cooking appliances such as "The George Foreman Grill(TM)," which has sold millions of units worldwide since its introduction to the market. This project will be managed out of the firm's ShenZhen, China office. CirTran-Asia Inc. pursues manufacturing relationships beyond printed circuit board assemblies, cables, harnesses and injection molding systems and looks for complete "box-build" or "turn-key" relationships in the electronics, retail and direct consumer product markets.

Trevor M. Saliba, executive vice president of Worldwide Business Development of CirTran Corp., commented, "We are very excited to announce this new multimillion dollar plus purchase order. This order serves as our entrance into the household appliance/product market. In addition, not only does this order significantly increase our orders on books, this order sets a record for the most sales booked in a single week period in the history of the company -- over $5.5 million."

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 Statement

Certain statements made herein that are not historical are forward looking within the meaning of the Private Securities Litigation Reform Act 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.

--------------------------------------------------------------------------------
Contact:
CirTran Corp.
Trevor M. Saliba, 818-788-2033
http://www.cirtran.com
or
Equitilink, LLC
Ronald L. Garner, 877-788-1940
http://www.equitilinkpr.com

--------------------------------------------------------------------------------
Source: CirTran Corp.


Posts: 9 | From: Fayetteville AR USA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
   

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