True Product ID Executives Travel to China
June 06 2006 - 10:46AM
PR Newswire (US)
BEIJING and PHILADELPHIA, June 6 /PRNewswire-FirstCall/ -- Sure
Trace Security Corporation (OTC:SSTY) today announced that a team
of executives from True Product ID, Inc. (OTC:TPDI) (BULLETIN
BOARD: TPDI) , led by President/CEO Richard Bendis, arrived in
Beijing over the weekend to begin implementation of the Brand 315
and other contracts. Mr. Bendis was joined by Frederick J. Young as
Managing Director, China and Chief of Staff, Office of the Chairman
along with staff from both Sure Trace and True Product ID, Inc.
Representatives of Innov-X and AMCO are also scheduled to
participate in the meetings. The team will be returning to the US
early next week. About Sure Trace Security Corporation Sure Trace
produces integrators for anti-counterfeiting and security
surveillance applications and is a provider of integrated tracking
devices. True Product ID, Inc. (OTC:TPDI) (BULLETIN BOARD: TPDI) ,
a former subsidiary of SSTY, via a license from Sure Trace Security
Corporation (OTC:SSTY), delivers turnkey solutions for governments,
armed forces, and industry, through proprietary technology and
through aggregating the technology, products, and services of third
parties via licensing agreements and/or joint ventures. In addition
to a license from SSTY, TPDI will also be providing the day-to-day
operational duties and R&D for SSTY's majority-owned
subsidiary, Globe Staff Consulting Corp. (Pink Sheets: GSFC). 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. 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 as soon as possible. More
information will be provided to the public when circumstances
warrant. DATASOURCE: Sure Trace Security Corporation CONTACT:
Michael Cimino, President, Sure Trace Security Corporation,
+1-215-972-6999, Web site: http://www.suretrace.com/
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