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Monday, August 13, 2012 12:08:15 AM
You are right DiamondFire and HONK KONG has a huge impact in distribution.
Distribution to the retail suppliers will be via the Hong Kong production and distribution network of "r-pac International." This distributor is a global leader in packaging for major retailers around the world with offices in 23 countries. For this particular engagement, the estimated annual volume is 15 to 20 million units with potential growth of up to 50 million units annually. This could generate revenues of over $3 million annually.
Jeffrey D Reid, CEO of KMA Global Solutions commented, "KMA developed the original Next Tag in 1997 for a Canadian retailer estimating annual usage of 100 million units annually. At the time we had production equipment developed to produce 100,000 units daily. Today KMA has the ability to produce over 1 million units daily which makes us the lowest cost producer with the ability to deliver under the most severe delivery schedules."
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