DAC TECHNOLOGIES GROUP INTERNATIONAL, INC. Condensed Statements of Operations (Consolidated) For The Three Months Ended June 30, 2007 and 2006 Unaudited 2007 2006 ----------- ----------- Net sales $ 2,739,903 $ 2,717,169 Cost of sales 1,853,512 1,932,054 ----------- ----------- Gross profit 886,391 785,115 Total operating expenses 619,950 582,385 ----------- ----------- Income from operations 266,441 202,730 ----------- ----------- Interest expense (63,206) (51,136) Income before income tax provision 203,235 151,594 ----------- ----------- Provision for income taxes 87,615 59,278 ----------- ----------- Net income $ 115,620 $ 92,316 =========== ===========About DAC: DAC Technologies Group International, Inc. is an outsource manufacturer of high quality, reasonably priced security safes, gunlocks, gun cleaning kits and security products, as well as accessory items for the sporting goods market. DAC distributes its products through mass merchandisers such as Wal-Mart and Kmart, and sporting goods retailers and distributors such as Cabela's, Acusport, Jerry's, RSR, Maurice, Academy Sports, Sports Authority and others. DAC also provides gunlocks to OEM gun manufacturers such as Glock, SigArms, Savage, Marlin, Weatherby, as well as others. Also, DAC's products are distributed through catalog companies. For Shareholder Information please call 1-800-920-0098 or email at investorrelations@dactec.com. The Private Securities Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in written statements to be made) contains statements that are forward looking, such as those relating to consummation of the transaction, anticipated future revenue of the Company's and success of current public offerings. Such forward looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward looking statements.
Contact Information: Shareholder Information: 1-800-920-0098