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These new products ordered by InterMotive Products will be installed into their customer's fleets of taxicabs and para-transit vehicles. The vehicle orders are projected to blossom into a million dollar contract manufacturing opportunity for CirTran. Some of InterMotive's customers have already committed to the installation of the new products into their fleet vehicles on a national basis. car canada
InterMotive Products designs fleet durability solutions for cars, light and medium duty trucks. InterMotive Products also provides CirTran products to a division of Ford Motor Co.
CirTran, which recently filed to gain a listing on the Nasdaq OTC Bulletin Board, is currently awaiting approval of its form 15c211. Acceptance of form 15c211, and the listing of the shares on the Nasdaq OTCBB market, will provide access to a much broader base of investors and should provide additional opportunities for financing and expansion through potential acquisitions. car canada
As part of management's plan to increase company-shareholder communication, shareholders will be updated as events progress.
CirTran, ``CTC,'' provides a mixture of high- and medium-sized volume turnkey manufacturing services using surface mount technology (SMT), ball-grid array (BGA) assembly, pin-through-hole (PTH) and custom injection molded cabling for leading electronics OEMs in the communications, networking, peripherals, gaming, consumer products telecommunications, automotive, medical, and semiconductor industries. car canada
The company provides a wide variety of pre-manufacturing, manufacturing and post-manufacturing services. CTC's goal is to offer its customers the significant competitive advantages that can be obtained from manufacturing outsourcing such as access to advanced manufacturing technologies, shortened product time-to-market, reduced cost of production, more effective asset utilization, improved inventory management and increased purchasing power.
These statements are based on the company's beliefs and the assumptions it made using information currently available to it. car canada Because these statements reflect the company's current views concerning future events, these statements involve risks, uncertainties and assumptions.
The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this news release. Accordingly, reference should be made to the company's periodic filings with the Securities and Exchange Commission.