European Subsidiary of Sure Trace, Globe Staff Consulting, Successfully Completes Field Audit With French Police of its Mobile Tracking Module
BEIJING, PHILADELPHIA and BAYONNE, France, Dec. 7 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation (OTC 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.
SOURCE Sure Trace Security Corporation
