DAC Technologies Announces Record Setting Third Quarter Earnings - 766% Increase in Income From Operations LITTLE ROCK, Ark., Nov. 13 /PRNewswire-FirstCall/ -- DAC Technologies (BULLETIN BOARD: DAAT) today announced record setting sales and earnings for the third quarter of 2003. The Company reported Income from Operations of $98,852 for the third quarter of 2003 as compared to $11,414 for the third quarter of 2002, an increase of 766%. Income before income taxes was $140,807 for the third quarter of 2003, as compared to $22,942 for the third quarter of 2002, a 514% increase. Net income for the third quarter of 2003 was $82,451, as compared to $22,942 for the third quarter of 2002, an increase of 259%. The Company also reported net sales of $1,107,385 for the third quarter of 2003, an increase of 78% over the $621,670 for the third quarter of 2002. David A. Collins, Chairman and CEO stated, "It is important to note that pretax earnings for the third quarter were $140,807. Because the Company has a net operating loss carryforward for income tax purposes, the $58,356 recorded as income tax expense will not have to be paid." Collins also stated, "Having already posted a little over $1,000,000 in gross sales in October, we are expecting a substantial increase in sales in the fourth quarter over the third quarter of this year. We anticipate this will result in an increase in operating income in the fourth quarter of around 200% over the third quarter of this year." In addition, Collins stated, "A large portion of the increase in our sales has come from our four Gunmaster gun cleaning kits. We have developed over 30 new items in this area which will be introduced in the first quarter of 2004." About DAC: DAC Technologies Group International, Inc. is an outsource manufacturer of high quality, reasonably priced security safes, gunlocks, gun cleaning kits and security products, as well as accessory items for the sporting goods market. DAC's mission is to provide the consumer with great value in the purchase of affordable products to protect the home and workplace. In particular, firearm safety and gun violence are key issues facing the American people. It is DAC's goal to assist in the reduction of gun violence and the unintentional use of firearms by children and other unauthorized persons through the distribution and sale of its effective safety and security devices. DAC now distributes its products through mass merchandisers such as Wal-Mart, Kmart, and Walgreens, sporting goods retailers and distributors, OEM gun manufacturer and others. For Shareholder Information please call 1-800-920-0098 or email at . 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) contain 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. DATASOURCE: DAC Technologies Group International, Inc. CONTACT: DAC Technologies Group International, Inc., +1-800-920-0098, or Web site: http://www.dactec.com/

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