Sure Trace Security Corporation Subsidiary Signs Co-Marketing Agreement With Major European Cell Phone Provider.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Sure Trace Security Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SSTY SSTY Subsystem Type ) announced today that on August 26, 2004, 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. , Globe Staff Consulting, signed a co-marketing agreement with Survacom LLP LLP - Lower Layer Protocol , a major European cell phone provider. Under the terms of the agreement, Globe Staff will supply its geo-localization technologies for use with Survacom cell phone personal security devices. Survacom will be solely responsible for the distribution of the devices, sharing revenue with Globe Staff. Globe Staff's geolocalization device (eGeoTrack) will be utilized to significantly improve Survacom's already popular cell phone personal security devices for use with high-risk personnel Personnel who, by their grade, assignment, symbolic value, or relative isolation, are likely to be attractive or accessible terrorist targets. See also antiterrorism. . Previously, Survacom's phones were equipped with a "vertical detector" which informs remote security monitors when a person falls over. With eGeoTrack installed, the monitors will now know the exact location of the person. Applications of this device include any high-risk environment, such as police, military, firefighters etc. Mr. Cameron Moriarty, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Sure Trace and Director of Sales and Marketing for Globe Staff guided the development and completion of the agreement with Survacom. He said, "This agreement not only adds to the bottom line of Survacom and Globe Staff, it can actually save lives, and all of us at Globe Staff are particularly proud of that fact! Survacom was attracted to us through the promotion of eGeoTrack's deployment at the Tour de France Tour de France World's most prestigious and difficult bicycle race. Staged for three weeks each July—usually in some 20 daylong stages—the Tour typically comprises 20 professional teams of nine riders each and covers some 3,600 km (2,235 miles) of flat and , and we are talking with many other companies who also learned about us through that promotion. The military market for Survacom's application of eGeoTrack is enormous, but the technology can protect people and assets in many other vertical markets, including automotive, product diversion, shipment tracking etc." The web site of Survacom LLP may be found at: http://www.survacom.fr. About Sure Trace Security Corporation Sure Trace is on track to be The Global Provider of Integrated Tracking Devices and has the objective to be the premier system integrator for anti-counterfeiting and security surveillance applications world wide within 2005. This will be accomplished by delivering turnkey solutions onshore and offshore for governments, armed forces and civil industry. Sure Trace has two divisions, I.D.ology ol·o·gy n. pl. ol·o·gies Informal A branch of learning. [From -ology.] Noun 1. and Globe Staff Consulting. I.D.ology offers a unique chemical marking technology which enables clients to uniquely identify almost any item easily, immediately and certainly in a way that can be either visible or invisible and is virtually impossible to remove or reverse engineer. Globe Staff Consulting has developed a group of geo-localization devices and systems, the first of which are eGeoTrack, a cell phone geo-localization system (GSM), and eGeoCardio, a sophisticated remote heart monitoring system. Additional products under development include turnkey tracking systems for offshore vessels and convicted criminals as well as eGeoSenior and eGeokid. Sure Trace is reviewing additional 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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