2-Track Announce the Launch of the Condor iTrac Product in Conjunction With Chen Holin Technology Corporation.

NEW YORK -- 2-Track Global Inc today announced that it had concluded its joint venture with Cheng Holin Technology Corporation in relation to the development of the new Condor iTrac product. Under the terms of the agreement between the respective companies, Cheng Holin Technology Corporation provided the hardware and 2-Track provided the bespoke software solutions. The result is a GPRS based hardware and software solution for tracking and monitoring vehicles and remote assets. Under the terms of the agreement, 2-Track Global Inc have exclusivity in United Kingdom to sell and distribute the new GPRS product. E[acute accent]Mike Jung of 2-Track Global Inc commented "This is an important step for the company and we now have a GPRS based produce that is ready and available for immediate sale. This is a product that is designed specifically for the business-to-private market and the real benefit to the consumer is that once the product is installed it can be registered and operated over the internet. This means that clients can monitor their vehicles and assets through internet providers. Also, Condor iTrac works in USA therefore it opens door for us in the US. E[acute accent]Ms Grace Chen of Cheng Holin Technology Corporation commented "I am pleased that we have entered into this joint venture with 2-Track and that the technological development of the iTrac product has now been completed and is ready for commercial sale. It is my belief that GPRS is the future for this type of technology and without technical support from 2 Track we wouldn't be here today. Our natural synergies have proved beneficial with us providing the hardware and 2-Track developing and creating the bespoke software solutions. Furthermore 2 track now become our service provider in Europe, Africa and Middle East. I am extremely excited by the potential of our future business". E[acute accent]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 of freight containers over multiple transport mores. E[acute accent]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 2-Track Global Inc are described more fully in the most recent Form 8-K filed by 2-Track Global Inc and other filings from time to time with the Securities and Exchange Commission. E[acute accent]Cheng Holin Technology Corporation was established in October 1993 and its main product line is in the communications field including paging systems and transceivers. In 1996 the company extended its product range to include GPS related items envisioning the potentials and importance of GPS in today's hi-tech environment. In 1999 the company launched its GPS ALV tracking system for car security and fleet management and its systems are constantly being improved and updated. CHT has a solid R&D team complete with professional support services and undertakes bespoke projects on request.