SOURCE: NAC Global Technologies

May 20, 2015 10:29 ET

NAC Global Technologies Establishing National Sales Network

JACKSONVILLE, FL--(Marketwired - May 20, 2015) - NAC Global Technologies (OTCQB: NACG) announced today it is establishing a national sales representation network for its HGT Drive product line. The company has signed its first sales representation agreement with Industri/Motion, Inc. (IMI) based out of Schaumburg, IL. IMI is a technically focused manufacturers' representative firm founded in 1981 and serves OEM, large user, and power transmission and motion control distributors. Four territory sales managers will cover the territories of Illinois, northwest Indiana, Iowa, eastern Wisconsin, and eastern Missouri. NAC is the process of finalizing and expects to announce contracts with sales agencies in additional US territories in the coming weeks.

Vincent Genovese, Chairman and CEO of NAC, commented, "We are very pleased to announce that NAC has initiated ramping up of our HGT sales, and that we have commenced signing on a national sales force. Until now, we have been operating with minimum sales resources as we built out the company. Our technology offers distinct advantages in the market place; and as such, we are fortunate to be able to select sales agencies that are among the best in the industry, like Industri/Motion, to represent us. We look forward to a long lasting, mutually profitable business together as we strive to enhance and improve customers' products and processes."

About NAC Global Technologies
NAC Global Technologies is a development and manufacturing company. Its platform harmonic gearing technology is utilized in the automation, robotics, and the defense industries, and the company is engaged in application of its drives in emerging technologies including advanced robotics and clean energy. The Company has recently announced adoption of its HGT products in a variety of applications globally including: aerospace rotary wing landing gear applications, Swiss machine tools, and India-based robotics and printing presses amongst others.

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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