KMAG Updates Filing and Executive Plans
April 13 2012 - 11:55AM
Marketwired
KMA Global Solutions International, Inc. (PINKSHEETS:KMAG)
KMAG has completed its filing for Q3 and anticipates that it
will post the Attorney letter today to allow for Current Status to
return on OTC Markets.
The Company is reviewing its Q4 and Annual filing now and will
post before the April 30th due date.
Plans are in place now once the company has completed its annual
filing to announce a full time CFO to the company that will be
responsible to insure timely filings and announcements going
forward. The person we have selected for this role has many years
of experience working with reporting public companies and has been
closely associated with the CEO for many years.
The company is also in final negotiations with an experienced
person from the Retail security and the RFID marketplace to take on
the role of President and General Manager of KMAG. Upon
finalization of his contract he will add an immediate presence for
KMAG in the marketplace we have not enjoyed for the past 3
years.
It is our plan to have both of these appointees to become Board
members as well. Official announcements will be made upon
finalization of their agreements.
About KMA Global Solutions International, Inc.
KMA Global Solutions International, Inc. 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 International,
visit: http://www.kmaglobalsolutions.com.
Forward-Looking Statement
Statements included in this press release which are not
historical in nature, are intended to be, and are hereby identified
as "Forward Looking Statements'' for purposes of safe harbor
provided by Section 21E of the Securities Exchange Act of 1934, as
amended. Forward Looking Statements may be identified by words
including "anticipate", "await", "envision", "foresee", "aim at",
"believe", "intends", "estimates" including without limitation,
those relating to the company's future business prospects, are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those indicated in the Forward
Looking Statements. Readers are directed to the company's filings
with the U.S. Securities and Exchange Commission for additional
information and a presentation of the risks and uncertainties that
may affect the company's business and results of operations.
Contacts: KMA Global Solutions International Investor
Relationsinvestorrelations@kmaglobalsolutions.com
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