SOURCE: NAC Global Technologies

September 18, 2014 12:37 ET

NAC Global Technologies Awarded Ten Year Supply Agreement

JACKSONVILLE, FL--(Marketwired - Sep 18, 2014) - NAC Global Technologies (OTCQB: NACG) today announced it has been awarded a ten year supply agreement for harmonic gearing with Legacy Press Company, a flexographic printing press manufacturer of Fort Mill, SC. The Company's HGT drives are applied on Legacy's line of narrow web label presses, providing 360 degree dynamic phase adjustment of the print, die and sheet register.

Mr. Vincent Genovese, Chairman and CEO of NAC, said, "This long term supply agreement clearly highlights solid traction as we continue to implement our growth strategy. NAC has worked very closely with Legacy and is pleased to enter into this long term supply agreement. Our drive performance and business philosophy of working as a vendor-partner resulted in this agreement and represents strong validation. We truly strive to help our customers achieve their business goals, and I believe this agreement is of mutual benefit to both companies. We look forward to working with Legacy in the coming years."

About NAC Global Technologies
NAC Global Technologies is a development and manufacturing company operating in the automation, energy, defense, robotics, and medical industries. The company focuses on supplying critical technologies to meet key national and global needs in existing and emerging multi-billion dollar markets. The company's first product offering is harmonic gearing technology (HGT), in which the company's management has decades of experience. Expanding from this market entrance point, the company is building a portfolio of synergistic technologies and has strategic initiatives in place to expand its market and application reach into emerging clean energy and force sensing robotics for industrial and medical applications.

The Company has its corporate headquarters in Jacksonville, FL, and has one operating subsidiary, NAC Drive Systems Inc. NAC manufactures and warehouses products in Port Jervis, NY and in Beijing, China via a strategic partnership agreement with CTKM Beijing Harmonic Drive, Ltd., the national HGT supplier to the China Space Agency. More Information is available at: www.nacglobaltechnologies.com

Forward-looking Statements
This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which contain words such as "expect," "believe" or "plan," by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause actual future events to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

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