European Subsidiary of Sure Trace, Globe Staff Consulting, Successfully Completes Field Audit With French Police of its Mobile T
December 07 2005 - 10:35AM
PR Newswire (US)
BEIJING, PHILADELPHIA and BAYONNE, France, Dec. 7
/PRNewswire-FirstCall/ -- Sure Trace Security Corporation
(OTC:SSTY) (BULLETIN BOARD: SSTY) announced that its wholly owned
subsidiary, Globe Staff Consulting (GSC), is pleased to announce
that it is now in receipt of the first field test order from the
French Ministry of the Interior. After a total of 8 months research
and development (R&D) and considerable negotiations, meetings
and problem solving, the delivery of GSC's newest tracking
prototype to the French police has passed all their initial tests.
Upon the completion of the field trials, which will be audited over
a period of 4 weeks, final discussions will take place to determine
production and delivery timelines. GSC will estimate final pricing
and quantities in January to coincide with the opening of the
Company's new R&D lab in Beijing China. The opening of R&D
facilities in China will allow the Company to reduce development
costs and overhead while also making delivery of the tracking
system in China more cost effective. MORE ABOUT THE TRACKER GSC's
tracking module is a highly sophisticated technology, which
utilizes three geolocalization processes comprising: 1) GPS
(Satellite locator); 2) GSM (mobile locator); and 3) Radio
(Gognometric Doppler effect system). It has an onboard memory which
saves all data and can be controlled via a laptop computer
coordinated with a control center & GSC's proprietary
logistical software, which is ready as well. About Sure Trace
Security Corporation Sure Trace produces integrators for
anti-counterfeiting and security surveillance applications and is a
provider of integrated tracking devices. The Company intends to
deliver turnkey solutions 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: http://www.suretrace.com/. SAFE HARBOR
STATEMENT: This news release contains "forward-looking statements"
that are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. "Forward-looking
statements" describe future expectations, plans, results, or
strategies and are generally preceded by words such as "future",
"plan" or "planned", "will" or "should", "expected," "anticipates",
"draft", "eventually" or "projected". You are cautioned that such
statements are subject to a multitude of risks and uncertainties
that could cause future circumstances, events, or results to differ
materially from those projected in the forward-looking statements,
including the risks that our products may not achieve customer
acceptance or perform as intended, that we may be unable to obtain
necessary financing to continue operations and development, and
other risks. No assurances can be given that the Company shall
receive the amounts stated in this release. You should consider
these factors in evaluating the forward-looking statements included
herein, and not place undue reliance on such statements. The
forward- looking statements are made as of the date hereof and Sure
Trace undertakes no obligation to update such statements. In August
2005, the common stock of Sure Trace was suspended from trading by
the Securities and Exchange Commission, but the suspension ended in
accordance with the securities laws after ten days. Management of
Sure Trace is currently working with the broker-dealer community
and regulators to permit quotations to be entered on the Pink
Sheets as soon as possible. More information will be provided to
the public when circumstances warrant DATASOURCE: Sure Trace
Security Corporation CONTACT: Michael Cimino of Sure Trace Security
Corporation, +1-215-972-6999 Web site: http://www.suretrace.com/
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