CXN Media Corporation concludes the acquisition of Bio-Tracking Security Inc.Business Editors MIAMI--(BUSINESS WIRE)--Dec. 2, 2003 China Xin Network Media Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CXIN) announced today that it had concluded the acquisition of all outstanding shares of Bio-Tracking Security Inc., (BTSI BTSI Brake Transmission Shift Interlock (automotive) ), a leading biometrics and security technology company. CXN CXN Checkerboard Nightmare (web comic) will proceed to change its name and ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors to reflect its new business model. The company will introduce the new business plan to shareholders at the next shareholders meeting schedule on or before January 23, 2004. About Bio-Tracking Security Inc. Bio-Tracking of Montreal, Quebec, designs and manufactures vehicle and asset tracking and security systems, based on patented, Inertial Navigation, Biometric Fingerprint Identification and Spread Spectrum Communication technologies. Bio-Tracking is an innovative, forward-thinking firm that employs cutting edge technology practices with a blended approach to consumer oriented products. The company is firmly committed to achieving and maintaining industry leadership in what has become the fastest growing, security related market in Canada and the U.S. www.bio-tracking.com SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. STATEMENT Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitation, demand and competition for the Company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from its operations and the ability of the Company to manage its operations. |
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