DAC TECHNOLOGIES GROUP INTERNATIONAL, INC.

DAC TECHNOLOGIES GROUP INTERNATIONAL, INC.

Previous company name
DAC TECHNOLOGIES OF AMERICA, INC.
Name change date
7/1999
Company Overview
DAC Technologies Group International, Inc. is an American-based outsource manufacturer that develops, manufactures, and markets gun maintenance products, hunting and camping accessories, and gun safety products for sportsmen, hunters and outdoorsmen, and recreational enthusiasts. The company, with headquarters located in Little Rock, Arkansas, was founded in 1993 as DAC Technologies of America, Inc. In 1999, the company changed its name to DAC Technologies Group International, Inc.
DAC Technologies Group’s business includes developing, manufacturing and marketing of various consumer products, patented and unpatented, which are designed to provide security for the consumer and their property. In 1996, the company entered the firearm safety market with a very successful product line including a wide variety of gun locks, trigger locks and cable locks. In 2000, the company added a line of electronic, digital safes designed to store and protect firearms. In 2003, the company also introduced the first of its “GunMaster” gun cleaning kits. The line of solid brass kits include more than 35 items, ranging from universal kits designed to fit virtually any firearm, to caliber specific rod and brush sets and accessories. Through its relationships with Chinese manufacturers, majority of the company’s products are manufactured and imported from mainland China and are shipped to the company’s central warehouse facility in Little Rock, Arkansas. The products, along with other items manufactured in the United States, are sold primarily to major retail chains in the United States and Germany. It also exports its products in Ireland, the United Kingdom, France, Russia, Canada, New Zealand, and Australia. The company’s customer base includes mass merchants such as Wal-Mart, Kmart and Walgreens; 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, Sig Arms, Savage, Marlin, Taurus, as well as others. DAC’s products are also sold through catalog companies such as Cabela’s, LL Bean and others. DAC’s mission is to provide the consumer with great value in the purchase of affordable products.
Business Summary
DAC Technologies Group International, Inc. is engaged in the sale of gun maintenance and gun safety products, hunting and camping accessories, and household products. The Company’s target consumer base is sportsmen, hunters and outdoorsmen, and recreational enthusiasts. The Company sells its products to retailers and distributors, and advertises its products on its Internet Website www.dactec.com. Its products are grouped into four categories: gun cleaning and maintenance, hunting and camping, household, and gun safety. The Company designs and engineers its products with the assistance of its Chinese trading company and manufacturers, who are responsible for the tooling, manufacture and packaging of the products.
Description and history
DAC Technologies Group International, Inc., incorporated in July 1998, is engaged in the sale of gun maintenance and gun safety products, hunting and camping accessories, and household products. The Company’s target consumer base is sportsmen, hunters and outdoorsmen, and recreational enthusiasts. The Company sells its products to retailers and distributors, and advertises its products on its Internet Website www.dactec.com. Its products are grouped into four categories: gun cleaning and maintenance, hunting and camping, household, and gun safety. The Company designs and engineers its products with the assistance of its Chinese trading company and manufacturers, who are responsible for the tooling, manufacture and packaging of the products.

Gun Cleaning and Maintenance

The Company markets over 50 different gun cleaning kits and rod sets used to clean and maintain firearm on the market. These kits are solid brass, and consist of universal kits designed to fit a variety of firearms, or caliber specific kits, or replacement items, such as brushes and mops. These kits are available in solid wood or aluminum cases, as well as blister packed. The Company also carries a line of replacement pieces for each kit. It also markets several kits that have been privately labeled for certain customers. During the year ended December 31, 2009, this product area accounted for 69% of sales.

Hunting and Camping

The hunting and camping includes Sportsman’s Lighter, two aluminum camping tables and turkey hunting seat. During 2009, hunting and camping product area accounted for 9% of sales.

Household

The household category includes a line of five household cleaning dusters. During 2009, its line of household fireplace screens, tools and accessories were eliminated. During 2009, household product area accounted for 7% of sales.

Gun Safety

The Company markets 12 gun safety locks and five security and specialty safes. The locks’ composition range from plastic to steel, and are designed to range from keyed trigger locks to cable locks. Its security safes are of heavy-duty, all steel construction and are designed for firearms, jewelry and other valuables. During 2009, gun safety product area accounted for 15% of sales.

The Company competes with Master Lock, Smith & Wesson, Shot Lock, Sentry Safes, Pro-Lok, Gun Vault, Outers and Hoppes.

Founded as DAC Technologies of America, Inc

Business Line
Develops, manufactures, and markets gun maintenance products, hunting and camping accessories, and gun safety products for sportsmen, hunters and outdoorsmen, and recreational enthusiasts
Subsidiary

Advisor
FROST, PLLC
IPO date
6/19/2000
US SIC Code
3499
Company Address
Suite 4-C
1601, West Park Drive
City province or state postal code
72204, LITTLE ROCK, AR
Phone: +1 501 661 9100
Fax: +1 501 661 9108
Country address: UNITED STATES OF AMERICA
Website url: www.dactec.com