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CXN Renamed Bio-Tracking Security Systems Inc.


MONTREAL -- China Xin Network Media Corporation (NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: CXIN) announced that effective today it will be renamed Bio-Tracking Security Systems Inc. and it will be trading under the 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
 (NASD OTCBB: BTSI BTSI Brake Transmission Shift Interlock (automotive) ).

Management is currently reviewing several opportunities to acquire companies that are either complementary to Bio-Tracking or that represent a significant opportunity to create shareholder value in addition to Bio-Tracking. In the event that the company was successful in acquiring a new company or companies, further changes to the name and ticker ticker

An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck.
 may be necessary to better reflect the company's direction going forward.

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:Oct 6, 2004
Words:281
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