================================================================================
Exhibit 99.2
For Immediate Release
---------------------
Company Contact:
----------------
Xxxxx X. Xxxxxxxx
CirTran Corporation
x(000) 000-0000
xxxxx@XxxXxxx.xxx
CirTran Corporation Names Xxxxx X. Xxxxxx as New CFO
SALT LAKE CITY, Nov. 28, 2007 -- CirTran Corporation (OTC BB: CIRC), a
full-service, multi-national, contract manufacturer of IT, consumer, and
consumer electronics products, has named Xxxxx X. Xxxxxx, C.P.A., as its new
Chief Financial Officer.
The announcement was made by Xxxxx X. Xxxxxxxx, CirTran's founder, President and
CEO.
"As CirTran continues to grow in the U.S. and China, we needed a CFO with the
broad background and foresight to help us meet existing and new challenges," Xx.
Xxxxxxxx said. "Xxxxx Xxxxxx has held senior positions with fast-growth public
and private companies, and is well suited to working with our senior management
team and Board to help continue our anticipated upswing in revenues and
profits."
Prior to joining CirTran, Xx. Xxxxxx served as SEC manager for Investools Inc.
(NASDAQ: SWIM) of Salt Lake City. Previously, he held controller, treasurer and
CFO positions with Utah-based UCN, Inc. (NASDAQ: UCNN), Traco Manufacturing,
Inc., and publicly-traded Xxxxxxx Communications Corporation. He also spent nine
years with two C.P.A. firms in the Salt Lake City area.
Xx. Xxxxxx earned a B.S. degree in Accounting from the University of Utah
About CirTran Corporation
-------------------------
Founded in 1993, CirTran Corporation (OTC BB: CIRC, xxx.XxxXxxx.xxx) is a
premier international, full-service contract manufacturer. Headquartered in Salt
Lake City, Utah, its ISO 9001:2000-certified, non-captive, 40,000-square-foot
manufacturing facility is the largest in the Intermountain Region, providing
"just-in-time" inventory management techniques designed to minimize an OEM's
investment in component inventories, personnel and related facilities, while
reducing costs and ensuring speedy time-to-market. In 1998, CirTran acquired
Racore Technology (xxx.xxxxxx.xxx), founded in 1983 and reorganized as Racore
Technology Corporation in 1997. Then, in 2004, CirTran formed CirTran-Asia as a
high-volume manufacturing arm and wholly owned subsidiary, with its principal
office in ShenZhen, China. Today, CirTran-Asia operates in three primary
business segments: high-volume electronics, fitness equipment, and household
products manufacturing, focusing on the multi-billion-dollar direct response
industry.
This press release contains forward-looking statements within the meaning of
section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Statements relating to the projected profits, revenues,
and growth of CirTran, as well as any statements which include words or phrases
such as "may," "anticipate," "plan," and similar phrases may contain
forward-looking statements. Such forward-looking statements are based on
management's current expectations. With the exception of historical information
contained herein, the matters discussed in this press release involve risk and
uncertainties. The forward-looking events and circumstances discussed in this
release may not occur, and actual results could differ materially as a result of
known and unknown risk factors and uncertainties affecting CirTran, including,
but not limited to, the risk factors listed in the Annual Report on Form 10-KSB
for the year ended December 31, 2006, filed by CirTran with the Securities and
Exchange Commission. No forward-looking statement can be guaranteed.
Forward-looking statements speak only as of the date on which they are made, and
CirTran expressly disclaims any obligation to publicly update or revise any
forward-looking statement, whether as a result of new information, future
events, or otherwise.
All trademarks are properties of their respective owners.
--------------------------------------------------------------------------------