CXNM/Bio-Tracking Announces Entry into Homeland Security, International Counter-Terrorism and Informative Risk Management Markets; A Multi-Trillion Dollar Industry.Business Editors/High-Tech Writers MONTREAL--(BUSINESS WIRE)--June 8, 2004 CXNM/Bio-Tracking Inc. (NASDAQ-OTC BB: CXIN) is pleased to announce it's entry into the Informative, Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States & Counter Terrorism market, a Multi-Trillion Dollar world wide industry. Bio-Tracking has designed and developed advanced third generation biometric security and tracking technology. The company's WARLOCK system has met and exceeded all performance expectations in field tests and simulations. Fully compatible with existing systems, the WARLOCK serves as a launching pad for numerous Homeland Security and Counter Terrorism applications. More specifically, the WARLOCK can track and immobilize im·mo·bi·lize v. 1. To render immobile. 2. To fix the position of a joint or fractured limb, as with a splint or cast. im·mo almost anything that moves anywhere with pin-point precision. "We are confident the company is now well positioned to expand operations into other markets. We have added a division to focus on Homeland Security, International Counter-Terrorism, and Informative Risk-Management solutions. It is only logical that our products be applied to address vital national and international security interests. The company's mission is to be the world's foremost and dominant security and tracking firm serving military, law enforcement, government agencies, Fortune 500 corporations, insurance industries, and consumers." Affirmed Mr. Michael Tremis, Chairman, President, & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . In 2002 and 2003 the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. spent over $60 billion on Homeland Security. The estimated budget for 2004 is well over $40 Billion. World wide, several Trillions of dollars are and will be spent annually on Counter Terrorism, Homeland Security and Informative Risk Management. Bio-Tracking has assembled a team with a combination of field experience and subject matter experts to include the areas of security, law enforcement, and emergency response. Bio-Tracking will provide proven analytic techniques in order to address the ever-changing operational environment that federal, state, and local governments face as well as global countries and corporate/private sector infrastructures. "We feel we have the team and the technology necessary to successfully combat and deter the war on terrorism Terrorist acts and the threat of Terrorism have occupied the various law enforcement agencies in the U.S. government for many years. The Anti-Terrorism and Effective Death Penalty Act of 1996, as amended by the usa patriot act ." Stated the Board of Directors of Bio-Tracking. BIO-TRACKING SECURITY INC. Bio-Tracking designs and manufactures vehicle & asset tracking and security technology. The technology is based on a Patent Pending, wireless interconnection method real-time tracking system. With driver privilege control, remote shutdown, lock/unlock capabilities, GPS navigation See GPS. and tracking, biometric fingerprint identification, voice and spectrum communication. The company will offer worldwide informative, technical and sales support through it's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. office. 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 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 limitations to; demands 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 and manage its operations. |
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