CirTran's Iehab Hawatmeh Takes Part in Chief Executive Magazine Round Table
SALT LAKE CITY, June 20, 2007 – CirTran Corporation (OTC BB: CIRC), an international full-service contract manufacturer of IT, consumer and consumer electronics products, announced that Iehab J. Hawatmeh, its founder, chairman and president, took part in a Chief Executive Breakfast Roundtable Idea Exchange held yesterday by Chief Executive Magazine at the Mandarin Oriental Hotel in New York City.
The “ The New Logic of Off-Shoring Innovation and Engineering: What Works; What Doesn't” session was moderated by J.P. Donlon, the magazine's editor-in-chief.
Mr. Hawatmeh embodies the “Great American Dream, coming to the U.S. at the age of 17 to further his education and make his way in the world. Earning a Master's of Business Administration from University of Phoenix and a Bachelor's of Science in Electrical and Computer Engineering from Brigham Young University, he founded CirTran in 1993. Today, Mr. Hawatmeh oversees all daily operations including financial, technical, operational and sales functions for CirTran, which has manufacturing facilities in Salt Lake City and China.
“This was a great opportunity provided by Chief Executive Magazine for me to sit with other leaders of international businesses and to discuss the status and future of manufacturing-oriented companies both domestically as well as abroad,” Mr. Hawatmeh said.
Roundtable participants included: Ron DeFeo, chairman and CEO, Terex Corporation; Gary Gereffi, professor, Department of Sociology, Duke University; Ed Kopko, chairman and CEO, Butler International; Jack Manning, vice president, Engineering Offshore Services, Butler Technical Services; J oseph McGrath, chairman and CEO, Unisys Corporation; Leif O'Leary, senior vice president-North American Channel, Parametric Technology Corporation, and Shivan Subramaniam, chairman and CEO, FM Global. Comprehensive coverage of the Roundtable will appear in the September issue of Chief Executive Magazine.
About CirTran Corporation
Founded in 1993, CirTran Corporation (OTC BB: CIRT, www.CirTran.com ) is a premier international full-service contract manufacturer. Headquartered in Salt Lake City, 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 ( www.racore.com ), founded in 1983 and reorganized as Racore Technology Corporation in 1997. Continuing to grow, 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.
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