MISSISSAUGA, Ontario, June 18, 2007 (PRIME NEWSWIRE) -- KMA Global Solutions International, Inc. (OTCBB:KMAG) (Frankfurt:VVS) today announced an agreement to supply Print-Rite, a major Asian manufacturer of inkjet, laser and toner cartridges, with more than 6 million units of KMA's patented NEXTag drop-in source tagging solution, in a deal worth more than $500,000.
Print-Rite distributes its inkjet, laser and toner cartridges all over the world, through a variety of retail channels, requiring source tagging of their products with Electronic Article Surveillance (EAS) tags. After considering a variety of options on how they might fulfill this important compliance requirement, Print-Rite selected KMA's NEXTag.
Jeffrey D. Reid, CEO of KMA Global Solutions International, Inc., said, "As more and more retailers demand that their suppliers source tag products prior to delivery, we find that many of those suppliers are turning to KMA for solutions that they can easily implement, without disrupting their existing operation. NEXTag is a perfect fit for Print-Rite's application as it solves the challenge of implementation without forcing significant changes to their production and packaging model. This application further fulfills our strategic objective to fulfill niche requirements in the field of source tagging, and demonstrates the versatility of our NEXTag product line."
In recent years, retailers have increasingly demanded retail floor ready merchandise that 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, DualTag, and accessory products are used by retailers and their suppliers the world over.
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.
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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