MISSISSAUGA, Ontario, June 26, 2007 (PRIME NEWSWIRE) -- KMA Global Solutions International, Inc. (OTCBB:KMAG) (Frankfurt:VVS), announced today that the company's new Hong Kong branch, which just opened in May of this year, has entered into its first major agreement to supply KMA's patented NEXTag sew-in source tagging solutions to the vendors of one of the largest apparel agents in Hong Kong, in a deal valued at an estimated $5 Million.
Vendors from across Asia will now be purchasing upwards of 70 Million NEXTags from KMA Hong Kong for garments that will ultimately be shipped to stores in North America and Europe. Source tagging of apparel has been becoming increasingly popular with retailers, and now many major sourcing agents are taking advantage of KMA's ability to deliver just-in-time inventory to their vendors, locally.
Jeffrey D. Reid, Chief Executive Officer of KMA Global Solutions International, Inc., commented, "We have always prided ourselves on our ability to produce our products in very short lead times through the use of our high volume, fully automated process equipment." He continued, "This new Hong Kong program will help enable KMA to remain at the leading edge in this market as more and more retailers and private label manufacturers get on board with source tagging programs."
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.
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.
Forward-Looking Statement
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