KMA Global Solutions International, Inc.

December 08, 2011 08:30 ET

KMA Global Solutions International Inc. Completes Spin-Offs of Its Subsidiaries, Settles Debt

TORONTO, ONTARIO--(Marketwire - Dec. 8, 2011) - KMA Global Solutions International, Inc. (PINKSHEETS:KMAG) KMA Global Solutions International Inc. is pleased to announce the completion of its spin-offs of its 3 subsidiaries. All Stockholders of record as of February 21, 2011 will receive equal shares of the KMA Global Solutions International Inc. (KMAG) holdings and shares of the subsidiaries KMA Global Solutions HK Ltd., KMA Global Solutions USA Inc. and KMA Global Solutions Inc. (Canada).

All subsidiaries shares are restricted as all companies at this time are non-reporting and non-trading. Each subsidiary will make announcements as plans are finalized.

By spinning off the subsidiaries the debt in KMA Global Solutions International Inc. is reduced by $811,000. Furthermore the balance of the debt $376,000 owing to the CEO has been agreed to be converted to Preferred Shares of KMA Global Solutions International Inc., which have not been issued yet.

Jeffrey D Reid CEO of KMA Global Solutions International Inc. commented "With a clear focus on the future and without the burden of Debt KMA Global Solutions International Inc. is able to take advantage of long term strategic relationships that will vastly increase our opportunities."

About KMA Global Solutions International, Inc.

KMA Global Solutions International, Inc. is a leading worldwide manufacturer and supplier of Electronic Article Surveillance (EAS) labels for the multimedia, retail apparel, health/beauty aids, soft goods, and over-the-counter pharmaceutical industries. KMA provides low cost solutions for retail protection against inventory theft, offering customized labels that use a variety of patented formats to meet unique packaging needs. KMA's patent pending DUAL Tag™ is the only product available that combines the two leading EAS technologies in a single, high speed application to eliminate the need for multiple inventories and its patented NEXTag™ is the solution of choice for soft goods as a small, flexible non-woven label conveniently sewn into a garment at its manufacturing source.

At KMA, our Business Mission is to constantly reinforce our industry leadership as a preferred competitive supplier in the timely delivery of superior, cost effective, source tagging products - all the time, every time.

For more information about KMA Global Solutions International, visit:

Forward-Looking Statement

Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "Forward Looking Statements" for purposes of safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward Looking Statements may be identified by words including "anticipate", "await", "envision", "foresee", "aim at", "believe", "intends", "estimates" including without limitation, those relating to the company's future business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the Forward Looking Statements. Readers are directed to the company's filings with the U.S. Securities and Exchange Commission for additional information and a presentation of the risks and uncertainties that may affect the company's business and results of operations.

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