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Big hit on Merck MRK...on Vioxx news. SNDK still moving up strongly. Also CIRT moving up on their news...

CirTran Awarded Rights to Manufacture new Pilates Fitness Machine under Existing Exclusive Manufacturing Agreement

September 30, 2004 07:00:00 (ET)


SALT LAKE CITY, Sep 30, 2004 (BUSINESS WIRE) -- CirTran Corp. (CIRT, Trade), an international full-service contract electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced it has been awarded the manufacturing rights for a new Pilates Fitness Machine, through its wholly owned subsidiary, CirTran-Asia. The spokesperson for this product is Fitness Industry veteran, Denise Austin and the product will be marketed as the "Denise Austin Pilates Machine" as a continuation to her highly successful product line of instructional Pilates videos. This new product was awarded to CirTran-Asia, beside the recently announced awards of the "AB KING PRO(TM)", the "AB Trainer Club Pro(TM)", "Instant Abs" and the "AB Roller(TM)" under the Exclusive Manufacturing Agreement previously announced back on June 14 of this year. The company has already received orders on the AB Trainer Club Pro(TM) and Instant Abs(TM) and will begin shipping within weeks. The Denise Austin Pilates Machine will be marketed through various media outlets including EURO TV, TELE SHOP, TV SHOP, Trend Shop International, Cable Television and Shipped Worldwide. This project will be managed for the next 2 years out of the firm's Shenzhen, China office. CirTran-Asia Inc. pursues manufacturing relationships beyond printed circuit board assemblies, cables, harnesses and injection molding systems and look for complete "box-build" or "turn-key" relationships in the electronics, retail and direct consumer product markets.

The Denise Austin Pilates Machine was designed to allow advanced Pilates enthusiasts to partake in Pilates Fitness on a more advanced level utilizing the unique workout system with greater resistance for an overall greater workout. The product is designed for personal home use, however it can also be sold and used in health clubs and fitness studios that teach Pilates Fitness.

Trevor M. Saliba, Executive Vice President of Worldwide Business Development of CirTran Corporation, commented, "We are very excited to announce this new product. Pilates has been a proven weight loss and body shaping fitness system for millions. We are proud to be part of the team introducing this new fitness machine. With this new product, CirTran-Asia, expands its market presence beyond abdominal machines and into full body fitness machines."