KMAG Announces Progress Shipments to Major USA Retailers
14 May 2012 - 11:30PM
Marketwired
KMA Global Solutions International, Inc. (PINKSHEETS:KMAG) is
excited to share progress for two (2) USA based retailers. Recently
Jeffrey D. Reid, CEO, visited the two (2) factories that are
responsible for KMAG's production and shipping. One Factory (A)
produces some of KMAG's RFID solutions while the other Factory (B)
produces some of KMAG's security products.
Progress Shipment #1 to our major East Coast retailer is the
first of 10 planned shipments with an initial weekly demand
providing our new unique security solution for the fashion footwear
industry. This order is processed and delivered from Factory (A)
totalling just over $213,000 USD and Shipping to the retailer's USA
distribution center. As we indicated in our prior press release, as
soon as this first order makes it to the shelves KMAG will be able
to begin marketing this solution to other customers. This is a very
exciting time and the beginning of an initial demand in excess of
$4 million per year for this one client using this one product.
Progress Shipment #2 to a major USA-based, international
retailer is a recurring order for security tags. KMAG is exploring
new methods of incorporating these products into the retailer's
operations. Packaged and delivered from Factory (B), this progress
order totalled just over $131,000 USD and shipped to 3 different
distribution centers in the USA.
CEO Jeffrey Reid states, "KMAG continues to develop unique
solutions in this growing market that keeps us ahead of the
competition."
About KMA Global Solutions International, Inc.
At KMA, our business mission is to constantly reinforce our
industry leadership as a preferred competitive supplier in the
timely delivery of superior, cost effective, source tagging
products - all the time, every time.
For more information about KMA Global Solutions International,
visit: www.kmaglobalsolutions.com.
Forward-Looking Statement
Statements included in this press release which are not
historical in nature, are intended to be, and are hereby identified
as "Forward Looking Statements" for purposes of safe harbor
provided by Section 21E of the Securities Exchange Act of 1934, as
amended. Forward Looking Statements may be identified by words
including "anticipate", "await", "envision", "foresee", "aim at",
"believe", "intends", and "estimates" including without limitation,
those relating to the company's future business prospects, are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those indicated in the
Forward-Looking Statements. Readers are directed to the company's
filings with the U.S. Securities and Exchange Commission for
additional information and a presentation of the risks and
uncertainties that may affect the company's business and results of
operations.
Contacts: KMA Global Solutions International, Inc. Investor
Relationsinvestorrelations@kmaglobalsolutions.com
www.kmaglobalsolutions.com
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