SOURCE: DAC Technologies Group International, Inc.

May 23, 2006 08:30 ET

DAC Technologies Announces Results for First Quarter Ending March 31, 2006

LITTLE ROCK, AR -- (MARKET WIRE) -- May 23, 2006 -- DAC Technologies (OTCBB: DAAT) today announced results for the quarter ending March 31, 2006. Net sales were $2,763,197, as compared to $2,263,078 for the same period ending March 31, 2005. This is an increase of $500,119, or 22%. Income from operations was $383,728 as compared to $318,820 for the same period in 2005. This is an increase of $64,908, or 20%. Income before taxes was $323,993 as compared to $272,759 in 2005. This is an increase of $51,234, or 19%. Net income was $197,182 as compared to $166,442 for 2005. This is an increase of $30,740, or 19%.

David A. Collins, Chairman and CEO, stated, "Due to the consistent growth of the Company, we felt it was necessary to update our computer system and accounting programs. The Company hired a full-time computer systems analyst and one additional secretary to handle this area. Although this added additional expense to the general and administrative area, the Company felt it was necessary to handle future continued growth. Also, Mr. Bob Goodwin, the Company's CFO, has returned to work on a full-time basis."

About DAC:

DAC Technologies Group International, Inc. is an outsource manufacturer of high quality, reasonably priced security safes, gunlocks, gun cleaning kits and security products, as well as accessory items for the sporting goods market. DAC distributes its products through mass merchandisers such as Wal-Mart and Kmart, and sporting goods retailers and distributors such as Dick's, Big Five, Cabela's, Acusport, Jerry's, RSR and others. DAC also provides gunlocks to OEM gun manufacturers such as Glock, SigArms, Savage, Marlin and Taurus, as well as others. Also, DAC's products are distributed through catalog companies.

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The Private Securities Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in written statements to be made) contain statements that are forward looking, such as those relating to consummation of the transaction, anticipated future revenue of the Company's and success of current public offerings. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements.

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