Jun 06, 2003 Iehab Hawatmeh, President and CEO of CirTran Corporation, commented, "This is an important development as we will now have ready access to the funding needed to grow our business in support of larger customer accounts."
George Kanakis, Vice President at Cornell Capital, added, "It is always exciting for us when we can partner with a company, like CirTran. We were impressed with the management team and the company's track record. We look forward to building on the initial success of our partnership."
About CirTran Corporation
Founded in 1993, CirTran Corporation (OTC Bulletin Board: 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.
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:
David Pasquale, 646-536-7006, or Jim Olecki, 646-536-7021
Both with The Ruth Group, http://www.TheRuthGroup.com
SOURCE CirTran Corp.
-0- 06/06/2003
/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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