MISSISSAUGA, Ontario, July 25, 2007 (PRIME NEWSWIRE) -- KMA Global Solutions International, Inc. (OTCBB:KMAG) (Frankfurt:VVS) announced today that the company entered into an agreement to supply its patented NEXTag sew-in source tagging solutions to Hot Topic, Inc. (Nasdaq:HOTT), a leading U.S. apparel and specialty retailer.
The multi-million dollar source tagging program is expected to commence early next month with shipments arriving at Hot Topic's vendors located in Asia and Central America in time for the back-to-school season.
Jeffrey D. Reid, Chief Executive Officer of KMA Global Solutions International, Inc., commented, "We are excited to work with Hot Topic, one of today's freshest, and most exciting retailers targeting music oriented, youthful consumers." He went on to say, "Part of our ongoing strategic objective is to establish private label programs with growing apparel companies. Hot Topic is a perfect fit for our source tagging solutions and high volume EAS programs. They join our growing list of customers in the apparel sector, demonstrating our ability to provide cost-effective EAS solutions designed to combat the $70 billion worldwide annual cost of inventory shrinkage in the retail industry."
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.
In recent years, retailers have increasingly demanded retail floor ready merchandise which includes Electronic Article Surveillance (EAS) protection. 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 low cost sewn-in solution designed for all types of apparel including swimsuits, intimate apparel and jeans, represents the latest technology in source tagging and has experienced widespread adoption by apparel manufacturers throughout the world.
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, visit: www.kmaglobalsolutions.com.
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