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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/