2- Track Global Announce Execution of Distributon Rights Agreement for High-Tech Video Security Module.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 (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TOTG) today announced that it has entered into commercial arrangements with a technology company based in South-East Asia South-East Asia n → le Sud-Est asiatique South-East Asia south n → Südostasien nt South-East Asia n → for the supply and distribution of commercial digital video recorders See DVR. (DVRs) in Europe and the Middle East. Under the terms of the arrangements, 2-Track has been appointed as a Value Added Reseller See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). and Distributor for a period of 3 years in the specified territories. Mike Jung, President of 2-Track Global, commented "I am extremely pleased to announce that this contract has now been executed. The technology that exists is complementary to the existing 2-Track product range and will enable all manner of remote and mobile assets including containers, trucks and other high volume assets to have digital camera recording technology built into security solutions. There are a multitude of applications with the technology and the company will be looking to its existing contact/customer base to supply this as an add-on to the existing product range. Indeed, as we have already received requests from third parties to supply this type of technology, I am now delighted to have secured the exclusive distribution rights". 2-Track Global Inc (TOTG) is a technology development and marketing company which owns, operates and licences proprietary telematics 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", 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 prep → concernant relating to relate prep → bezüglich +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. |
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