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CRKT Cirmaker Technology Corp (PK)

0.045
0.00 (0.00%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cirmaker Technology Corp (PK) USOTC:CRKT OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.045 0.0112 0.378 0.00 21:00:00

Cirmaker Technology Signs Manufacturing Contract With Molex Inc. For Over $9.8 Million

27/06/2005 3:30pm

PR Newswire (US)


Cirmaker Technology (PK) (USOTC:CRKT)
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Cirmaker Technology Signs Manufacturing Contract With Molex Inc. For Over $9.8 Million Production Began In May and Extends For 14 Months NEW YORK, June 27 /PRNewswire-FirstCall/ -- Cirmaker Technology Corp. (OTC Bulletin Board: CRKT), a leading manufacturer of set top boxes for digital TV signal reception, CPU thermal dissipaters for computers and electronic components in Taiwan, today announced a contract for cooling fins and bases for over $9.8 Million with Molex(R) Incorporated (NASDAQ:MOLXNASDAQ:Nasdaq: MOLXA). Molex is the world's second-largest manufacturer of electronic, electrical and fiber optic interconnection products and systems and has 55 plants in over 19 countries. Cirmaker will produce key components for Molex's thermal acoustic products. Bill Liao, CEO & President of Cirmaker Technology Corp. stated, "Both Cirmaker and Molex(R) Inc. produce world-class electronic components. The proximity of our facilities in Dong Guan was a natural progression to begin a lasting relationship with Molex Thermal Acoustic. We look forward to introducing complimentary products to Molex Inc.'s product lines." About Cirmaker Technology Corp. Headquartered in Taiwan with offices in New York City, Beijing, and Guang Dong province, Cirmaker Technology manufactures thermal dissipaters for laptop and personal computers, electrical and electronic components and 3G MHP (3rd generation multimedia home platform) digital set top boxes for television sets. Cirmaker has developed set top boxes, which convert digital television broadcast signals into analog formats for analog TV sets to receive digital programming. The units receive, process, store and broadcast analog, digital and streaming media signals, and support pay-per-view and video-on-demand functions. Cirmaker believes it is the only 3G MHP STB manufacturer operating in China capable of producing a set top boxes, which meets all the required standards of Chinese broadcasting authorities. Additionally, the devices comply with all international HDTV standards for high definition television. For further information on Cirmaker Technology Corp., please visit http://www.cirmaker.com.tw/ Forward Looking Statements The matters discussed in this news release contain forward-looking statements, including statements. These statements are subject to various risks, uncertainties and other factors that could cause actual results to vary materially from the results anticipated in such forward-looking statements. Such risks, uncertainties and other factors include Cirmaker's potential inability to raise additional capital, and the potential breach by the counterparty to the sales agreement. Thereunder, Cirmaker's potential inability to compete with other companies that may be more experienced and better capitalized than Cirmaker, changes in domestic and foreign laws, regulations and taxes, changes in economic conditions, uncertainties related to the legal systems in Cirmaker's target markets, including, China's legal system and economic, political and social events in China and other target markets, foreign relations between Taiwan, China and Cirmaker's other potential target markets, a general economic downturn, a downturn in the securities markets, Securities and Exchange Commission regulations which affect trading in the securities of "penny stocks," and other risks and uncertainties detailed from time to time in Cirmaker's filings with the Securities and Exchange Commission. These forward-looking statements represent management's judgment as of the date of this release. Cirmaker disclaims any intent or obligation to update these forward-looking statements. For more information, please contact: Investor Relations Contact: Emma Hui Communication Director The Vine Group. Telephone: 917-639-4099 Email: http://www.vinegroup.com/ DATASOURCE: Cirmaker Technology Corp. CONTACT: Emma Hui, Communication Director for The Vine Group, +1-917-639-4099, Web site: http://www.vinegroup.com/ http://www.cirmakertechnology.com/

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