Sure Trace to Launch Anti-Counterfeiting Pilot Program.DENVER -- Sure Trace (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SSTY SSTY Subsystem Type ) is pleased to announce that it has signed an agreement to initiate a pilot program to provide its anti-counterfeiting solution for a plastic manufacturer based in 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 Salt Lake City. The pilot program developed by Sure Trace will establish a global anti-counterfeiting turn-key solution for the plastics industry. Sure Trace has joined forces with a leader in the plastics industry with a production capacity of 300,000,000 units per year with potential to produce revenues estimated near $0.01 to $0.015 per unit. Final pricing will be determined during the course the Pilot Program, and we have agreed to a 50/50 gross revenue split during the initial stages of introduction of our product in this market. "We are fortunate to establish this pilot program with a partner that is in the plastics industry and has the ability to provide a natural segue se·gue intr.v. se·gued, se·gue·ing, se·gues 1. Music To make a transition directly from one section or theme to another. 2. to the software, music and film industries, through their current clients. We will combine our S-DNA with their products to create a unique anti-counterfeiting solution that will set a precedent in this industry. By expanding intellectual property protection we will be able to offer a complete anti-counterfeiting solution to all brands and products affected, which should add significant revenues to our partner in this pilot program. The Sure Trace technology is easily enforced and makes the final product very attractive to both the software industry and the music/entertainment industry, key industries for substantial growth," said David Downes, President. This pilot program incorporates our Synthetic-DNA that can be verified anywhere using our proprietary hand-held scanner. The S-DNA can be applied to any form of packaging that our partner produces. Unlike other anti-counterfeiting products, ours cannot be duplicated or removed. Once applied, the S-DNA bonds to any product at the molecular level to fully ensure product authenticity. Our S-DNA can withstand extreme abrasion abrasion /abra·sion/ (ah-bra´zhun) 1. a rubbing or scraping off through unusual or abnormal action; see also planing. 2. a rubbed or scraped area on skin or mucous membrane. , acid and solvent baths and withstand up to 3000F when exposed to heat. In addition, we will provide our S-DNA to uniquely identify each of their client's products based on the criteria they set forth. In 2003 The U.S. Customs Seizure Ask a Lawyer Question Country: United States of America State: All States/Provinces this regards to seized mechanical equipment imported from Singapore. Statistics include movies, music and computer software as some of the most commonly counterfeited and pirated products. Sales of counterfeit CDs and DVDs occur at flea markets See computer flea market. flea market yard sale of used items at low prices. [Pop. Culture: Misc.] See : Inexpensiveness , swap meets swap meet n. An informal gathering for the barter or sale of used articles or handicrafts. , retail outlets and street vendors. A recent Business Software Alliance study estimated that piracy costs the worldwide software industry $13 billion in 1996. More than half of those losses come from bootleg Microsoft products, which accounted for $7 billion per year in unlicensed software sales. On February 12, 2002 Jeffrey Raikes, Group VP Microsoft Corp, testified before the U.S. Senate Committee on Foreign Relations Foreign relations may refer to:
prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a study conducted by the International Planning & Research Corp, annual software theft costs the U.S. economy 118,000 jobs, $5.6 billion in wages, and over $1.5 billion in tax revenues. If the U.S. were to eliminate software piracy The illegal copying of software for distribution within the organization, or to friends, clubs and other groups, or for duplication and resale. The software industry loses billions of dollars each year to piracy, and although it may seem innocent enough to install an application on a by the year 2008, the U.S. economy would gain more than 170,000 new jobs, $7.3 billion in wages, and $1.6 billion in tax revenues." The Recording Industry Association of America (RIAA (Recording Industry Association of America, Washington, DC, www.riaa.com) A membership association of music recording companies. Its goal is to promote the record label industry and protect the rights of copyright owners. It was a major contributor to the SDMI digital distribution system. ) reports "physical" piracy alone, costs the industry at least $1 million each day. The value of all music products shipped to retail outlets have dropped from $14.5 billion to $11.8 billion during the last four years, and shipments of CDs to retailers and other markets have declined by more than 20 percent. The consequences have been staggering: layoffs of thousands of record label employees, hundreds and hundreds of record store closings, and new artists not getting signed to contracts. Latin music has been particularly hard hit. One in three copies of illegal music seized police around the country last year contained Latin music, up from 24 percent in 2002. 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 worldwide 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. I.D.ology's proprietary scanner is able to associate database information concerning authorized geographic areas, wholesalers, time frames, etc., where an authentic product is expected to be found 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. For more information www.suretrace.com 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 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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