MISSISSAUGA, Ontario, Dec. 14, 2006 (PRIME NEWSWIRE) -- KMA Global Solutions International, Inc. (OTCBB:KMAG), a leading worldwide provider of EAS (Electronic Article Surveillance) solutions, announced today that the Company has received NASD approval to begin trading on the Over The Counter Bulletin Board under the ticker symbol "KMAG".
KMA Global Solutions International was formerly quoted on the Pink Sheets under the same ticker symbol, KMAG. The Company has successfully executed its transition from the Pink Sheets, receiving the approval of the NASD for its common stock to be eligible for quotation on the OTC Bulletin Board (OTCBB). The OTCBB is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter equity securities.
"This is great news for our investors and we believe that moving from the Pink Sheets to the OTC Bulletin Board will give the company greater visibility and credibility in the financial markets," commented Jeffrey D. Reid, Chief Executive Officer of KMA Global Solutions International, Inc.
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
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.