MISSISSAUGA, Ontario, June 2, 2006 (PRIMEZONE) -- KMA Global Solutions International, Inc. (Pink Sheets:KMAG) announced today that it has begun shipping on one of its recent programs with a leading North American casual wear apparel company. The program will result in additional expected revenues to KMA in excess of $6.5 million this year. Shipments have begun to vendors of the private label apparel company worldwide.
In recent years, retailers have increasingly demanded that manufacturers and distributors tag consumer goods at the source, for delivery of retail floor ready merchandise. Under KMA's source tagging program, security tags are embedded in products or affixed to packaging at the point-of-manufacture. The company's patented NEXTag(tm), a sew on solution designed for swimsuits, intimate apparel and jeans, represents the latest technology in source tagging with widespread adoption by soft goods and apparel manufacturers as well as large retail chains.
Jeffrey D. Reid, Chief Executive Officer of KMA Global Solutions International, Inc., commented, "This agreement is part of our strategic campaign to target large clothing chains for high volume EAS programs. This new client joins a growing list of Fortune 500 companies that we currently serve in the retail apparel sector and this contract demonstrates KMA's ability to provide a complete line of effective EAS solutions designed to combat the $40 billion annual cost of shrink in the global retail industry. Our NEXTag(tm) solutions are competitively priced and are proved to effectively reduce inventory shrink."
About KMA Global Solutions International, Inc.
KMA Global Solutions International, Inc. (www.kmaglobalsolutions.com) 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.
Forward-Looking Statement
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