MISSISSAUGA, Ontario, May 7, 2008 (PRIME NEWSWIRE) -- KMA Global Solutions International, Inc. (OTCBB:KMAG) (Frankfurt:VVS) announced today its plans to commence a new source tagging program for Esquel Group of Hong Kong, one of the largest garment manufacturers supplying major retailers around the world. KMA will be providing the garment manufacturer with the NEXTag(tm), a patented sew-in label, as its Electronic Article Surveillance (EAS) supplier.
Esquel Group anticipates its current demand for EAS sew in sensors to be in the millions of units annually across a range of clients and private label programs for major department stores. KMA has opened its new facility in Hong Kong to build better relationships with the major suppliers to the industry.
Jeffrey D. Reid, Chief Executive Officer of KMA Global Solutions International, Inc., commented, "Opening a facility in Hong Kong is the best way for us to build long term relationships and service Asian markets with our source tagging solutions." Mr. Reid continued, "Proximity to global manufacturing and distribution centers is part of an effective strategy to supplying cost-effective products in response to demand and ensuring on time delivery."
In recent years, retailers have increasingly demanded floor ready merchandise, a concept that includes EAS protection. Under KMA's source tagging program, security tags are embedded in products or affixed to packaging at the point-of-manufacture. The company's patented NEXTag(tm), a sewn-in solution designed for all types of apparel including swimsuits, intimate apparel and jeans, represents the latest technology in source tagging with widespread adoption now underway by apparel manufacturers throughout the world.
Additionally, KMA Global Solutions would like to issue a retraction to its April 23, 2008 press release. Unfortunately, the press release was issued without the approval of the Company's customers. While the companies mentioned are currently customers of KMA Global Solutions, the nature of the relationships as portrayed in the press release were not approved and contained inaccurate information based upon incorrect internal information. Therefore, KMA Global Solutions wishes to retract the information contained in its April 23 press release.
About KMA Global Solutions International, Inc.
KMA Global Solutions International, Inc. (http://www.kmaglobalsolutions.com) 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 needs. KMA's 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.
Forward-Looking Statement
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