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DAC Technologies Receives Large Holiday Purchase Orders
LITTLE ROCK, AR--(Marketwire - September 3, 2009) - DAC Technologies (OTCBB : DAAT ) today
announced it has received the largest single purchase order in its 16 year
history. The purchase order from Wal-Mart is for the Company's deluxe gun
cleaning kit and will ship in October and November of 2009. The purchase
order is for a Holiday promotion and is well in excess of seven figures.
David A. Collins, Chairman and CEO, stated, "The Company is very excited
about receiving POs of this magnitude and continues to concentrate on its
core business of gun cleaning kits and firearm accessories. The Company is
experiencing large sales increases in this area and expects the trend to
continue. The Company reaffirms its higher guidance of 14 to 16 cents
earnings per share and sales of $16 to $18 million."
About DAC:
DAC Technologies Group International, Inc. is an outsource manufacturer of
high quality, reasonably priced security safes, gunlocks, gun cleaning
kits, sporting goods, household cleaning products and various hardware
items. 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, Weatherby, as well as others. Also, DAC's products
are distributed through catalog companies.
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.