Sure Trace Announces GO Transit Re-Order Confirms Positive Results for Major Government Client.Business Editors/High-Tech Writers KELOWNA, British Columbia--(BUSINESS WIRE)--July 22, 2003 Sure Trace Security Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SSTY SSTY Subsystem Type ) through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , I.D.ology ol·o·gy n. pl. ol·o·gies Informal A branch of learning. [From -ology.] Noun 1. Laboratories Inc, has delivered a "re-order" shipment for "GO Transit" (Government of Ontario The Government of Ontario refers to the provincial government of the province of Ontario. Its powers and structure are set out in the Constitution Act, 1867. In modern Canadian use, the term "government" refers broadly to the cabinet of the day, elected from the Legislative Rapid Transit Transportation System). GO Transit operates trains and buses to 49 stations on the line and services a population base of over 7 million in the "Golden Triangle" of Southern Ontario providing many independent municipal transit system connections. The responsibility for GO Transit recently shifted to The Greater Toronto Services Board Greater Toronto Services Board was created in 1998 under the Greater Toronto Services Act by the province of Ontario and began sessions in 1999. It was created following the amalgamation of the City of Toronto. (GTSB GTSB Generalized Tangential Sphere Bound ). Another of I.D.ology's clients, the Toronto Transit Authority (TTC TTC Trying To Conceive TTC Toronto Transit Commission TTC Trans Texas Corridor TTC Toutes Taxes Comprises (French) TTC Trident Technical College (North Charleston, SC) TTC Temporary Traffic Control ), is the largest subway, rail bus, and trolley system in Canada, which was also placed under the umbrella of the GTSB. This shift in management is seen as a very positive development for the I.D.ology as it opens additional opportunities in other GTSB divisions for Loss Prevention sales. Mr. Daryl Regier, Director Business Development for I.D.ology, who developed the relationship, stated, "This is an excellent reference client to showcase our product for Loss Prevention. GO Transit is a huge transportation system and gives I.D.ology a terrific calling card for other transit systems right across North America. Large communities offer a wide variety of services to their citizens and this requires large numbers of blue-collar workers and associated tools and equipment. By using our Loss Prevention products and services, these municipalities can provide their constituents with more efficiency and cost effectiveness. One of our Channel Partners, ToolWatch, services several municipal governments including New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Los Angeles and it is our intention to target those prospective accounts immediately." The I.D.ology Loss Prevention program provides a significant psychological deterrence against theft as employees and contractors are told and shown exactly how the product works and that ownership of tools and equipment can be proven instantly with 100% accuracy. I.D.ology's clients have reported that equipment losses due to theft were reduced by between 70-90 percent and that these reductions occurred within weeks of the installation of I.D.ology's Loss Prevention program. Mr. Peter Leeuwerke, 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. of Sure Trace commented, "This is right on point for the product we deliver. GO Transit purchased its initial order and has immediately re-ordered because they have seen the proof that it simply works. We plan on expanding and developing transit and transportation authority scenarios based on this success in Ontario." About Sure Trace Security Corporation: Through its wholly owned subsidiary, I.D.ology, Sure Trace manufactures and sells proprietary security products for Loss Prevention and Industrial & Brand Authentication markets. I.D.ology has established a 15-year record of accomplishment by protecting corporate assets such as tools, raw materials, inventory, computers, works of art, sports memorabilia, diamonds, etc. for many major companies across Canada and America including Ford Motor Company, Imperial Oil, and GM Canada, etc. Through I.D.ology, Sure Trace operates throughout North America and has recently expanded its services internationally. The Company is reviewing key alliance and acquisition opportunities to help it fast track growth and profitability. This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the 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. created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Sure Trace to be materially different from the statements made herein. |
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