DAC Technologies Receives Large Holiday Purchase Orders
September 03 2009 - 7:30AM
Marketwired
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.
For Shareholder Information: 1-800-920-0098 Email Contact
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