KMA Global Solutions Signs International Client From Australia
December 15 2011 - 8:30AM
Marketwired
KMA Global Solutions International Inc. (PINKSHEETS:KMAG) is
pleased to announce, through its distribution network, that it will
start delivery of its patented Next Tag in Q1 of 2012 to a major
retailer in Australia.
The retailer has over 150 large locations selling apparel inside
a Supermarket atmosphere. Distribution to the retail suppliers will
be via the Hong Kong production and distribution network of "r-pac
International." This distributor is a global leader in packaging
for major retailers around the world with offices in 23 countries.
For this particular engagement, the estimated annual volume is 15
to 20 million units with potential growth of up to 50 million units
annually. This could generate revenues of over $3 million
annually.
Jeffrey D Reid, CEO of KMA Global Solutions commented, "KMA
developed the original Next Tag in 1997 for a Canadian retailer
estimating annual usage of 100 million units annually. At the time
we had production equipment developed to produce 100,000 units
daily. Today KMA has the ability to produce over 1 million units
daily which makes us the lowest cost producer with the ability to
deliver under the most severe delivery schedules."
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: 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: KMA Global Solutions International Inc. Investor
Relationsinvestorrelations@kmaglobalsolutions.comwww.kmaglobalsolutions.com
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