DAC Technologies Receives Purchase Orders From Leatherman Tools/Knives for Costco
21 Julio 2004 - 8:30AM
PR Newswire (US)
DAC Technologies Receives Purchase Orders From Leatherman
Tools/Knives for Costco LITTLE ROCK, Ark., July 21
/PRNewswire-FirstCall/ -- DAC Technologies (OTC:DAAT) (BULLETIN
BOARD: DAAT) today announced it has received purchase orders from
Leatherman Tool Group, Inc. for its "Sportsman" windproof/water
resistant lighter. The lighter will be used by Leatherman as part
of a special tool/knife combo package they are putting together to
be placed in Costco nationwide. The initial order is for 43,584
"Sportsman" lighters and will ship between August 10 and September
13, 2004. The life of the program is one to two years and reorders
could easily be 100,000 to 150,000 additional units. David A.
Collins, Chairman and CEO stated, "We are extremely pleased with
these orders, as DAC continues to expand its customer base and new
ways to do business and market its products. This new agreement
with Leatherman Tool for Costco could easily produce new revenue
for the Company in the high six figure range over the life of the
program." The Company also announced that it has received purchase
orders for gun cleaning kits from Dick's Sporting Goods in the
amount of $60,883 that will begin shipping in August 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 distributes its products through mass
merchandisers such as Wal-Mart and Kmart, 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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