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KMA Global Solutions Signs New Deal With Leading Packaging Company
TORONTO, Nov. 10, 2009 (GLOBE NEWSWIRE) -- KMA Global Solutions International, Inc. (Pink Sheets:KMAG - News) is pleased to announce that it has entered into an agreement to supply between 10 to 14 million Dual Tags per year to a multinational packaging company.
This agreement is to provide the Dual Tag for application on their client's Over-the-Counter (OTC) products, to commence in early 2010. Many months of testing by this packaging company has confirmed that the Dual Tag is the best choice for this OTC application, as well as to improve their production efficiency.
Jeffrey D. Reid, Chief Executive Officer of KMA Global Solutions International, Inc., commented, "This contract will add to our portfolio of clients that have chosen the Dual Tag solution for consumer products reaching a variety of retail clients."
KMA's DUAL Tag(TM) provides theft protection through its innovative combination of two leading Electronic Article Surveillance (EAS) technologies in a single, high-speed application. Packaging companies that have adopted DUAL Tag(TM) consider it to be of great benefit to their operation. When compared to applying the two EAS technologies separately, production efficiencies increase substantially and overall costs are significantly reduced. DUAL Tag(TM) eliminates inventory costs associated with duplicate inventories that differ only by EAS technology and allows products to be sold through any retail channel.
About KMA Global Solutions International, Inc.
KMA Global Solutions International, Inc. is a leading worldwide manufacturer and supplier of Electronic Article Surveillance (EAS) labels for the multimedia, retail apparel, health/beauty aids, soft goods, and over-the-counter pharmaceutical industries. KMA provides low cost solutions for retail protection against inventory theft, offering customized labels that use a variety of patented formats to meet unique packaging needs. KMA's patent pending DUAL Tag(TM) is the only product available that combines the two leading EAS technologies in a single, high speed application to eliminate the need for multiple inventories and its patented NEXTag(TM) is the solution of choice for soft goods as a small, flexible non-woven label conveniently sewn into a garment at its manufacturing source.
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: http://www.kmaglobalsolutions.com.
Forward-Looking Statements
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", "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.
http://finance.yahoo.com/news/KMA-G....3942376.html?x=0&.v=1 -----------
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