Mar 12, 2003 (OTC: CIRT), a full-service contract electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced the addition of two leading electronics sales representative firms designed to increase CirTran's domestic sales volume.
Under the non-exclusive agreements with CK Associates and Thom Luke Sales, the firms will be responsible for identifying potential accounts, and facilitating sales for CirTran in California, Utah, Colorado, Montana, Nevada, Arizona, New Mexico, and Mexico. Both firms are leading electronics sales representatives providing, customer service, market analysis, and sales for top manufacturers in the electronics industry. CK Associates' representative customers include, Tyco Electronics, Citizen Electronics, Harting, Murata Electronics, and National Wire and Cable, among others. Thom Luke Sales' representative customers include, Texas Instruments, Actel Corporation, Philips Semiconductors, AMI Semiconductor and SEI Electronics, among others.
Iehab Hawatmeh, President and Chief Executive Officer of CirTran Corporation, commented, "We continue to aggressively expand our sales capabilities to strategically position CirTran to benefit from the overall market rebound when it occurs. Our goal entering 2003 was to expand our sales force to 60 representatives by June. With the addition of CK Associates and Thom Luke Sales, we now have over 40. These agreements put CirTran in front of leading companies in their respective industries and will create additional revenue generating opportunities going forward."
About CirTran Corporation
Founded in 1993, CirTran Corporation (OTC: CIRT) 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, Utah with a state-of-the-art 40,000 sq. ft. 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 website located at http://www.cirtran.com.
CONTACT:
David Pasquale, 646-536-7006, or Jim Olecki, 646-536-7021
Both with The Ruth Group, http://www.TheRuthGroup.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.
SOURCE CirTran Corp.
-0- 03/12/2003
/CONTACT: David Pasquale, +1-646-536-7006, or Jim Olecki,
+1-646-536-7021, both of The Ruth Group for CirTran Corp./
/Web site: http://www.cirtran.com
(CIRT)
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