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Exhibit 99.2
Press Release Source: CirTran Corporation
CirTran Opens Marketing Office in Bentonville, Arkansas
Tuesday November 28, 9:40 am ET
Oliver Mulcahy hired as Director of Retail Distribution to run office, and
promote distribution relationship with Wal-Mart on behalf of DMG marketing
clients
SALT LAKE CITY--(BUSINESS WIRE)--CirTran Corporation (OTC BB: CIRT - News), an
international full-service contract manufacturer, marketer and distributor of
IT, consumer and consumer electronics products, today announced that Diverse
Media Group, a wholly owned subsidiary of CirTran and a Direct Entertainment(TM)
firm specializing in multi-channel product marketing and distribution, has
signed a two-year lease on a 1,150 square-foot facility in Bentonville,
Arkansas, in close proximity to Wal-Mart's world headquarters. The office, which
will be managed by Mr. Oliver Mulcahy, is strategically located to help create
and manage an ongoing relationship with Wal-Mart stores (NYSE:WMT - News), to
facilitate the distribution of products through Wal-Mart stores on behalf of DMG
marketing clients.
Mr. Mulcahy joins CirTran as Director of Retail Distribution to manage this
office. He joins CirTran from Rethink Products, Inc., where he worked closely
with Wal-Mart and Sam's Club locations and corporate offices to manage new
products, concepts and Wal-Mart relationship for new suppliers. He served as a
consultant for companies regarding products, packaging and pricing structure to
meet Wal-Mart and Sam's Club standards and practices and helped new suppliers
obtain approval from Wal-Mart.
Iehab J. Hawatmeh, CirTran's chief executive officer, commented, "Wal-Mart is
the largest, most successful and most significant retail chain in the world, and
securing and cultivating a long-term relationship with Wal-Mart is critical for
the success of our marketing initiative. By recruiting Oliver who brings a deep
relationship with buyers and operations personal at Wal Mart, and providing
CirTran with a local presence in Wal-Mart's back yard, we position ourselves to
achieve this key objective and strengthen our relationship with Wal-Mart. This
represents a milestone announcement for CirTran and this office, coupled with
Oliver's experience and reputation, will prove invaluable for CirTran and DMG
going forward."
About Diverse Media Group
Diverse Media Group (DMG), a wholly-owned subsidiary of CirTran Corp. (OTC
BB:CIRT - News) is a Direct Entertainment(TM) firm specializing in product
marketing, product manufacturing, production services, media financing and
multi-channel product distribution (Direct Response, Retail, Live Shopping,
Print, Catalog and Internet) in the consumer product, direct response and
entertainment industries. DMG is a leading direct response and product marketing
firm with a solid presence in the entertainment industry through its talent
division, Diverse Talent Group, a Top 12 nationally ranked talent and literary
agency in the entertainment industry.
About CirTran Corporation
CirTran Corporation (OTC BB: CIRT - News, www.CirTran.com - News) is a consumer
products-driven Company focused on providing the entire spectrum of "Concept to
Consumer" services, encompassing engineering, design, prototyping, low and
high-volume contract manufacturing, marketing and retail distribution for
consumer-oriented products and technologies. Founded in 1993 and headquartered
in Salt Lake City, CirTran's ISO 9001:2000-certified, non-captive 40,000
square-foot manufacturing facility is the largest in the Intermountain Region,
providing "just-in-time" inventory management techniques designed to minimize an
OEM's investment in component inventories, personnel and related facilities
while reducing costs and ensuring speedy time-to-market. CirTran's Racore
Technology (www.racore.com) subsidiary provides sophisticated engineering
services, including technology design and prototype development. CirTran's
wholly-owned subsidiary CirTran-Asia ("CTA") with principal office in Shenzhen,
China, is a high-volume manufacturing arm, which provides customers with the
economic benefits of Asian offshore manufacturing coupled with American-based
project management and accountability. CirTran's Diverse Media Group (DMG)
(www.diversemediagroup.com) subsidiary is a Direct Entertainment(TM) firm
specializing in multi-channel product marketing, media purchasing, retail
distribution and product fulfillment for the direct response and entertainment
industries.
This press release contains forward-looking statements within the meaning of
section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. With the exception of historical information contained
herein, the matters discussed in this press release involve risk and
uncertainties. Actual results could differ materially from those expressed in
any forward-looking statement.
All trademarks are properties of their respective owners.
Contact:
CirTran Corporation
Trevor M. Saliba
+(310) 492-0400
trevor@cirtran.com
Source: CirTran Corporation
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