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Bio-Tracking Security Systems Inc. Initiated Merger Talks With VoIP International Carrier.


MONTREAL -- Bio-Tracking Security Systems Inc., (NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
: BTSI BTSI Brake Transmission Shift Interlock (automotive) ), a designer and manufacturer of vehicle asset tracking and security systems, announced today that it has initiated discussions regarding a potential merger with a highly capable player in the sphere of VoIP Exchanges. The potential acquisition consists of a recently launched international VoIP telecommunications carrier managed by a highly experienced team with a proven track record. Terms being discussed include executing the transaction for a yet to be determined price in a combination of cash and restricted common stock.

"We are excited about the prospect of entering into the Voice Over IP market with a team of people who were able to achieve remarkable past annual growth within the industry, stated Bio-Tracking Security Systems Inc.'s new President, Angelo Martelli. "The discussions, thus far, have focused upon the acquisition target's core business development and acquisition plans, and how these will enable the Company to achieve its goals and objectives aimed to take it to the expected levels of success. The depth of the management and marketing expertise, as well as the creativity demonstrated in terms of positioning the Company for strategic international call routes is anticipated to bring increased value to the enterprise. The company approached has demonstrated its ability to secure significant communications routes and VoIP provider assets. Additional benefits may result from potential strategic alliances with significant companies within the international calling card business. The business plan is consistent with a strategic direction of focusing on increasing margins and profits and generating additional value for shareholders. Today's announcement is further proof of the commitment to building a strong revenue base while containing costs through the acquisition of a well-managed company. Combining forces that can attract and aggregate a myriad of small but profitable companies could further reduce operating costs operating costs nplgastos mpl operacionales  via economies of scale, eliminating redundancies and leveraging synergies via operations, resources and systems, thereby generating more net earnings. "

About Bio-Tracking Security Systems, Inc.

Bio-Tracking Security Systems Inc. of Montreal Of Montreal is an American indie pop band formed in Athens, Georgia, fronted by Kevin Barnes. It was among the second wave of groups to emerge from The Elephant 6 Recording Company. , Quebec, designs and manufactures vehicle asset tracking and security systems, based on patent pending, Inertial Navigation Noun 1. inertial navigation - a method of controlling the flight of a missile by devices that respond to inertial forces
inertial guidance

steering, guidance, direction - the act of setting and holding a course; "a new council was installed under the
, Biometric Fingerprint fingerprint, an impression of the underside of the end of a finger or thumb, used for identification because the arrangement of ridges in any fingerprint is thought to be unique and permanent with each person (no two persons having the same prints have ever been  Identification and Spread Spectrum Communication technologies.

The Bio Tracking Security's proprietary technology precisely determines if a person is an authorized user authorized user Radiation physics A person who, having satisfied the applicable training and experience requirements, is granted authority to order radioactive material and accepts responsibility for its safe receipt, storage, use, transfer and disposal  of a vehicle or any other piece of equipment protected by Bio-Tracking. Our proprietary Biometric Fingerprint ID is a technology unmatched and amazingly reliable.

For More Information, please contact Mr. Ken Israel, Managing Director, Focus Partners West LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 at TOLL-FREE 1-(866)-321-0494

Important Information About 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.
 

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price Trading price

The price at which a security is currently selling.
 and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 4, 2004
Words:599
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