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/ CORRECTION - DAC Technologies Announces Private Transaction

In the news release, "DAC Technologies Announces Private Transaction," issued earlier today by DAC Technologies Group International, Inc. (OTC: DAAT), we are advised by the company that the first sentence of the second paragraph should read " David A. Collins, Chairman and CEO, stated, "The Company has reached an agreement to put its GunMaster gun cleaning kits into Kmart's approximately 1,100 stores in the July/August time frame." rather than "David A. Collins, Chairman and CEO, stated, "The Company has reached an agreement to put its GunMaster gun cleaning kits into Sears/Kmart's approximately 1,100 stores in the July/August time frame." As originally issued. Complete corrected text follows.

DAC Technologies Announces Private Transaction

LITTLE ROCK, AR -- DAC Technologies (OTC: DAAT) today announced a private transaction in which accredited investors and DAC Technologies agreed to purchase all the outstanding shares (679,065 shares) from Dan Lasater and his family. Keane Securities of New York City handled this transaction.

David A. Collins, Chairman and CEO, stated, "The Company has reached an agreement to put its GunMaster gun cleaning kits into Sears/Kmart's approximately 1,100 stores in the July/August time frame."

Collins further stated, "Mr. Bob Goodwin, the Company's CFO, was recently hospitalized, but has now returned to work. This has caused the Company to file for a one week extension for the filing of its 10Q for the quarter ended March 31, 2006."

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.

For Shareholder Information please call 1-800-920-0098 or email at investorrelations@dactec.com.

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.


Newswire by Market Wire

Tags: ,Manufacturing and Production:MachineryandTools, ,INTHPINK,AR,LITTLE ROCK, AR
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