'A 6-Pack of Victories for CirTran/Play Bev in Legal Battles with Playboy'
SALT LAKE CITY--(BUSINESS WIRE)--October 30, 2013--
CirTran Corporation (OTC BB:CIRC) said today that a federal court in Illinois has reaffirmed an earlier decision to dismiss a complaint brought by Playboy Enterprises against Play Beverages, a partner of CirTran Beverages.
Playboy had sued Play Beverages in an effort to stop it from distributing and selling Playboy Energy Drink (www.PlayboyEnergy.com), including use of the famous rabbit trademark. In May, Judge Robert W. Gettleman of the United States District Court for the Northern District of Illinois Eastern Division denied Playboy's motion to enjoin Play Beverages from selling Playboy Energy Drink. Now, Judge Gettleman has dismissed the entire case in favor of the state court lawsuit brought by Play Beverages against Playboy last year in Cook County, Illinois.
"This 'win' gives CirTran and PlayBev a 6-pack of victories in our legal battles with Playboy," said Iehab J. Hawatmeh, managing partner of Play Beverages and founder, chairman and president of CirTran.
"This result is very satisfying as we continue to grow our beverage distribution business with Playboy Energy as the flagship," he said.
"Beverage sales in 20 countries in Asia, the Middle East, Africa, the U.S., South America, Europe and Canada represent a large percentage of CirTran revenues," Mr. Hawatmeh said. "Now, with this behind us, we will continue to concentrate our efforts and resources on growing that business."
About CirTran Corporation
Marking its 20(th) year in business in 2013, CirTran Corporation (www.cirtran.com) has evolved from its roots in the electronics industry to focus on manufacturing and marketing Playboy Energy Drink worldwide. In 2007, CirTran created its CirTran Beverage subsidiary, which partnered with Play Beverages LLC, to introduce and distribute Playboy Energy Drink a year later. CirTran also continues to maintain the capabilities of its previous core business in off-shore manufacturing of high-volume electronics, fitness equipment and household products for 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. All statements other than statements of historical facts included on this website and in such reports regarding the prospects of our industry and our prospects, plans, financial position and business strategy , may constitute forward-looking statements. These statements are based on the beliefs and assumptions of our management and on the information currently available to our management at the time of such statements. Forward-looking statements generally can be identified by the words "believes," "expects," "anticipates," "intends," "plans," "estimates" or similar expressions that indicate future events and trends. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including the risks and uncertainties listed under "Forward-looking Information" in CirTran's Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission . CirTran disclaims any obligation or intention to update any forward-looking statement.
CONTACT: CirTran Corporation
Iehab J. Hawatmeh, +(801) 963-5112
iehab@cirtran.com
