KMA Global Solutions International Inc. Executes Supply Agreement With Major Cosmetics Company
December 07 2011 - 8:30AM
Marketwired
KMA Global Solutions International, Inc. (PINKSHEETS:KMAG) is
pleased to announce that it has executed a supply agreement with a
major Cosmetics company. The name of our new client will be
revealed shortly pending approval of their marketing plan of our
product. According to the terms of the agreement, 20 million units
will be required which should produce over $2 Million dollars of
revenue annually, representing an over 25% increase in gross
revenue for the company.
The Patented Dual Tag will be applied to the packaging component
resulting in both leading security technologies to be applied in a
single pass during the packaging process of production.
KMA will be working closely with the client to develop further
applications for other products as well to develop a RFID enabled
Dual Tag for future use. In order to reduce costs of redundant
inventory major consumer packaging companies are now seeking
technological advances to allow them to maintain shelf ready
inventory. The dual tag allows the inventory to be sold at retail
with EAS compliance today and in the future the RFID tag will be
used for inventory control internally as well externally at retail
and answer the EAS component at the same time.
Jeffrey Reid, CEO and head of product development states
"Working with a Leader of Industry who seeks to innovate and stay
ahead of its competitors is the ideal client. Developing future
product innovation with a client that possesses such large volumes
allows for expedited efforts and the ability to achieve economies
of scale immediately".
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 patented 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 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", "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: For Investor Relations contact KMA Global Solutions
International,
Inc.investorrelations@kmaglobalsolutions.comwww.kmaglobalsolutions.com
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