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2- Track Global Announce Execution of Commercial Contract with MuWon Corperation.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- 2-Track Global Inc Announce Execution of Contract with MuWon Corporation for the Manufacture, Supply and Distribution of Electronic Container Seals (P-Seal).

2-Track Global Inc (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:TOTG) today announces it has executed commercial contracts with MuWon Corporation, a Korea based company involved in the design, manufacture and sale of seals for shipping containers. Under the terms of the contract, 2-Track and MuWon shall jointly develop an electronic container seal (P-seal) which combines the coupling of a locking bolt bolt

Mechanical fastener, usually used with a nut, for connecting two or more parts. Bolted joints can be readily disassembled and reassembled; hence bolts or screw fasteners are used more than other types of mechanical fastener.
 device with an RFM RFM Recency, Frequency, Monetary
RFM Rotorcraft Flight Manual
RFM Reform Party
RFM Radio Frequency Module
RFM Radio Free Monterey
RFM Retirement and Financial Management
RFM Reply to Flagged Message
RFM Radio Frequency Monitor
RFM Request for Material
 (radio frequency module) unit to produce what is referred to as the P-seal. Once a P-seal has been locked in placed and attached to a container it then cannot be unsealed without such an event being detected and logged. The P-seal will enable carriers and their customers to demonstrate the integrity and security of their containers and contents whilst in transit either by air, sea or land and will provide a constant process of reporting on a range of information such as the time at which the container was opened on its journey (if at all), the location at which the container was opened and the period of time the container remained open. Under the terms of the contractual arrangements, MuWon will manufacture the product utilising 2-Track's technology and MuWon will be granted sales and distribution rights to maximise the promotion, marketing, sale and distribution of the product, not only to MuWon's existing customers but also to new customers.

Mike Jung Jung , Carl Gustav 1875-1961.

Swiss psychiatrist who founded analytical psychology and came up with the concepts of extraversion and introversion and the notion of the collective unconscious.
, President of 2-Track Global, said "I am extremely pleased to have concluded this deal with MuWon. The P-seal (electronic seal) will form an ever-increasing importance in marine and container security. By partnering with MuWon we have found a company that not only has considerable expertise in developing container seals but also has its own existing client base into which the P-seal will be sold."

Mr HG Kim, managing director of MuWon Corporation, commented "We have spent a considerable period of time evaluating the technology that has been developed by 2-Track and we are pleased to have consummated con·sum·mate  
tr.v. con·sum·mat·ed, con·sum·mat·ing, con·sum·mates
1.
a. To bring to completion or fruition; conclude: consummate a business transaction.

b.
 the contract after many months of discussions and negotiations. We have been aware of the changing market place for some time and we have analysed a number of technological solutions to address the need for high integrity/security systems in the shipping/container industry. It is our belief that the P-seal will play an ever important role in shipping and this has already been confirmed to us by our existing clients".

2-Track Global Inc (TOTG) is a technology development and marketing company which owns, operates and licences proprietary telematics Originally coined to mean the convergence of telecommunications and information processing, the term later evolved to refer to automation in automobiles. GPS navigation, integrated hands-free cellphones, wireless communications and automatic driving assistance systems all come under the  solutions combining hardware and software applications run over wireless or satellite networks to deliver remote security management of marine and cargo fleets (including consumer solutions aimed at the leisure, marine and domestic security markets) and commercial vehicle plant and machinery management and security. The company has communications architecture technology which provides global logistics solutions for the remote monitoring (protocol) remote monitoring - (RMON) A network management protocol that allows network information to be gathered at a single computer. Whereas SNMP gathers network data from a single type of Management Information Base (MIB), RMON 1 defines nine additional MIBs that provide a  of freight containers over multiple transport mores.

This press release includes certain statements, known as "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
", which express the current expectations of 2-Track Global management. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect 2-Track Global Inc and its subsidiary businesses and prospects and cause actual results to differ materially from these forward-looking statements. Unanticipated product manufacturing and delivery issues, customer order push-outs or cancellations and product performance could cause actual results to differ materially from those currently anticipated as expressed in this press release. These risks and other risk factors relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 2-Track Global Inc are described more fully in the most recent Form 8-K Form 8-K

The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock.


Form 8-K

See 8-K.
 filed by 2-Track Global Inc and other filings from time to time with the Securities and Exchange Commission.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 12, 2005
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