CirTran receives orders to manufacture ABKING PRO for Wal-Mart, Canada
Jul 22, 2004
CirTran's ABKING PRO to be distributed in all Canadian Wal-Mart stores CirTran Corp. (OTCBB:CIRT) announced it received an initial order for 2,500 units of "ABKING PRO", a consumer product for the fitness industry manufactured and distributed by its wholly-owned subsidiary, CirTran-Asia, Ltd. The order was placed through a New Jersey based distributor with the end client being Wal-Mart. This shipment is scheduled for nationwide distribution through Wal-Mart stores located throughout Canada. Trevor M. Saliba, Executive Vice President of Worldwide Business Development of CirTran Corporation, commented, "We are very pleased to announce this new relationship with the world's largest retailer. This order alone, justifies the formation of CirTran-Asia which has enabled us to compete in the hi-volume Asian manufacturing market worldwide." The Company acknowledges future Wal-Mart orders should substantially alter revenue projections. CirTran Corp., earlier this week, announced revenues up 365% versus the same period last year, as well as an additional $20 million equity financing.
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