Sure Trace Update To Shareholders.PHILADELPHIA -- Sure Trace Security Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :SSTY SSTY Subsystem Type ) is pleased to address the shareholders with an update and provide some history on the developments of the company's ventures. Sure Trace has spent a tremendous amount of time pursuing a Chinese patent for Sure Trace's anti-counterfeiting solution. China is the largest economic powerhouse A fourth-generation language from Cognos that was introduced in the late 1970s for midrange computers. It supports both character-oriented, terminal-based applications as well as Windows clients. Applications developed under PowerHouse can be imported into Cognos' Axiant client/server environment. in Asia in terms of manufacturing and potential growth. Sure Trace is investing a majority of its efforts into this patent application process. Management believes the success of this application will position its Joint Venture to potentially establish a standard for anti-counterfeiting. Our Chinese counter part, Suneray has indicated to our management that upon the successful completion of the patent application and approval from the Chinese government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
Sure Trace is a 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. company doing business in China, which was presented this opportunity for a Joint Venture by William Chan, who established the relationship with Suneray of Beijing, China. William Chan has been very instrumental in establishing our foothold foot·hold n. 1. A place providing support for the foot in climbing or standing. 2. A firm or secure position that provides a base for further advancement. foothold Noun 1. in China and the concept and idea of applying for the patent application in China. Due to the tremendous success other companies have had with leadership of Mr. Chan, Sure Trace has followed his advice in the structure of the Joint Venture. Q and A from several shareholders: Q: Why do the Chinese want to do business with Sure Trace? A: Sure Trace's solution has two main proposed benefits (1.) provide an economic model for the Chinese government to use the elemental elemental emanating from or pertaining to elements. elemental diet see elemental diet. tagging for tracking and taxation purposes; and (2.) provide a cost-effective and reliable commercial solution to companies manufacturing in China for brand protection. Q: What is the reality of the Solution? Sure Trace believes the delivery of this solution is real. Chairman Jim MacKay has moved to Beijing to oversee the implementation of our products and services. Mr. MacKay Mr. Mackay was a character in the popular BBC sitcom Porridge, played by Fulton Mackay. Mackay is a neurotic and tough prison warden whose constant obsession in life is to catch out Fletcher. The rivalry between Fletch and Mackay was a thing of comedy legend. is working everyday with Suneray Corporation on completing the necessary steps to have the patent application approved and commence the roll-out of the commercial application of the solutions. Mr. Cimino is overseeing the final submission. Over the last month Sure Trace has made demonstrations with Innov-X of our system in China which we believe have gone very well. The Company's demonstration team was well received and their presentation has put us in a position to complete the patent application. Q: Are there any North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. initiatives? Yes, upon hiring Michael Cimino, Sure Trace has gained leadership intended to develop the North American and other world markets. These markets may be approached differently than our Chinese model. In addition to direct distribution and/or delivery, Sure Trace is exploring sub-licensing as an alternative to our overseas model. About Sure Trace Security Corporation Sure Trace is one of the premier systems integrators for anti-counterfeiting and security surveillance applications and a world-class provider of integrated tracking devices. The company intends to deliver turnkey solutions, both onshore and offshore, for governments, armed forces and industry, through its own proprietary technology and through aggregating the technology, products and services of third parties via licensing agreements and or joint ventures. For more information go to: www.suretrace.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. : 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 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 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. , 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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