CirTran Makes Timely Delivery of Products to the United States Navy
Posted on: Tuesday, 6 July 2004, 06:00 CDT
CirTran Corp. (OTC BB: CIRT), an international full-service contract electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced that it has made timely delivery of products for the orders announced on a June 28, 2004 press release. The orders were for its OptiCORE 100FX Fiber Optic M8192 Network Adaptor Card for the United States Navy to be installed in multiple new locations. The product was shipped to two locations in San Diego and the Defense Distribution Depot Norfolk, Va. The order was placed by Dimensional Marketing Inc., a South Carolina-based Business to Government (B2G) firm through CirTran's wholly owned subsidiary, Racore Technology Corp. The Navy has tested and approved the product last October. Racore is projecting continued re-orders from the United States Navy and multiple other government agencies. The cards will be installed in multiple government office locations in addition to select Naval ship carriers.
The company anticipates continued repeat business as multiple government agencies continue to upgrade their network systems.
About Racore Technology Corp.
Racore was founded in 1983 and reorganized as Racore Technology Corp. in 1997. As a pioneer in the LAN arena in the 1980s, Racore helped define Token-Ring as a member of the IEEE 802.5/802.2 committees. The company was one of the first to deliver Token-Ring adapters conforming to this new standard, while offering significantly better performance and more economical prices than IBM or other suppliers of compatible products. Today, Racore Technology designs, develops, manufactures, and markets high-performance Local Area Network products with emphasis on Fiber Optics, Token-Ring and 10/100 Ethernet technologies. Over the past 15 years, Racore has developed extensive technology to provide high-performance copper and fiber connectivity solutions linking LAN backbones to the desktop. For more information, please visit the company's Web site at www.racore.com.
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.
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