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Thanks Ric, I think we are in for an exciting week and exciting times ahead for our group of companies.
It is interesting that the Tour De France kicks off July 1st. Globe Staff will get some huge publicity worldwide. Along with the launch of the prototypes in France next week and the installation of the security control centers.
CTO Jean-Gilles Subervie said, "Also, next week we will install one of the most important security control centers which will monitor, on a national basis, an advanced anti-hold-up system. Plans are also in place to install several thousands of our latest electronic security modules through 2006 and 2007."
eGeocardio allows scientists to track the heart rate of people or animals. The integrated cardiometry is displayed with graphics and alerts on computers. eGeocardio first appeared at the Tour de France 2004 to monitor the cyclists. It was utilized by teams, trainers and television broadcasters to monitor the cyclists' performances. Our next version of eGeocardio, which has been advanced to the prototype stage, will include a GSM/GPRS/GPS module which will allow managers and fans to follow the progress of people or animals in real time including location, speed, and altitude. Over the coming weeks and months, Globe Staff will detail additional applications and developments of its groundbreaking technology in cardio-monitoring as well as in elder care, child safety, and law enforcement.
SSTY, TPID U.S., TPID Beijing and GSFC have a lot of things in the works right now, the next two weeks should be packed with press releases with good news from all of our global partners.
Comments on Richard Bendis video
Richard Bendis answered the question why he decided to take on tpid. He recognized the opportunity and the foundation that Mackay and Cimino developed in China over the past two years. He has a strong belief that tpid Beijing and tpid U.S. can be the global leader in authentification and anti-counterfeit technology as well as other government uses such as anti-terrorism. He is excited about the size of the Chinese market and believes that we have the world class technology and foundation in place to capture a large part of the Chinese market for anti-counterfeiting and authentification.
He talks about John Voeller and their 25 year relationship. He has faith in John and his ability. John is recognized as one of the leading resources of technology and innovation throughout the world. With his connections to the White house office of science and technology and the person the White House goes to for policy advice, in my opinion he will be able to get large U.S. corporations on board to use this technology. Think about it, Nike, Phillip Morris, Proctor and Gamble, Limited Brands, Microsoft, large software manufacturers, the entertainment industry etc. After all our large fortune 100 and 500 companies loose money to the tune of billions of dollars due to counterfeit products, our government is out billions of dollars in tax revenue as a result of counterfeit products, not to mention the safety and health hazards related to shoddy products.
He said they have hired one of the big 4 accounting firms recently, in my opinion that is why he stated that the fiscal year will begin on July 1st. In my opinion the company they have selected probably suggested that tpid start new with them by changing the fiscal year to July 1st. So between now and next week, I expect a press release disclosing the name of the firm and hopefully something about the new accounting firm working with the parent company SSTY to bring their filings current and up list to the otcbb.
There would be no reason to hire a big 4 accounting firm if there were no revenues for tpid.
Two years of hard work will start paying off in the first quarter. Like Mackay said in the last video, they are now ready to deliver on the Brand 315 contracts.
Mr. Bendis refers to TPID as a threshold company, meaning a start up technology company that now has a product that can be marketed worldwide. To me this is the sole reason why he left his post at Innovation Philadelphia and decided to take on TPID, he sees the potential to take this company and make it a yes “blue chip company” with huge revenues.
This part sums up his feelings and the main reason he decided to take on the position of ceo:
What excites me about the opportunity is we are dealing with the largest evolving market in the world, which is China, where we have the greatest challenge in counterfeiting, and we have assembled a world class Chinese operation throughout the country who we think will be able to capture the leading market share in product authentification and anti-counterfeiting of anybody who has attempted to enter this challenging market.
To sum it up Bendis, Voeller, Young, Kaufenberger and Miller will put all the pieces together. All the hard work that Cimino and Mackay did in the past 2 years has been handed to these individuals who have the ability and the connections to market this technology worldwide.
This comment about Voeller says a lot. He is a great compliment to the tpid team to take us to the next generation technologies were going to need to maintain our leadership position within this industry.
To me this statement says that there is a huge market for this technology worldwide and there are other companies trying to get a piece of the action. If there were not other companies out there trying to get a piece of the action then I would not be interested in this stock, the fact that there are other companies and we now have a 2 year head start on most of the competition in China and of course we have a new management team including John Voeller who will help set us apart from the rest with the development of the new generation technologies in order to maintain our leadership position in the industry. John Voeller compliments the team with his connections with the White House and as a leader in the world if technology and innovation especially when it comes to Homeland Security, piracy and anti-counterfeiting. I don’t think Bendis could have found another individual in the world who has the right credentials and the knowledge for this technology.
J.T. Kaufenberger has been with tpid Beijing since its inception back in early 2005. He has been there to help accomplish all of the successful demonstrations, agreements with Brand 315 and the Consumer Journal, Hang technology and the contracts that we as shareholders currently know about. J.T. along with Richard Miller will be the ones to bring in many large contracts from the 600 member companies of Brand 315 network. My guess is that there are more contracts in the works that we just don’t know about yet, in the first quarter of our new fiscal year we will no doubt find out about these contracts and in my opinion they will be huge.
Richard Bendis has worked with the Chinese government and its key Ministries. He has the diplomatic skills to show the government of China how s-dna technology can not only become the standard in China but also will help China in their compliance with the WTO and their concern about the rampant counterfeiting that exists in China today. Bendis has the ability to work with China and U.S. Governments representatives to accomplish this goal.
This statement says a lot:
I’ve seen 70 dedicated, knowledgeable employees working for tpid Beijing who are committed who are committed to making this technology with tpid the national standard in China, and I believe a strong foundation has been built with the additional resources and tools that were going to give them in financing and upgraded technology plus enhanced intellectual property protection. I believe that we are now poised to be the leader within China and that will be our doorstep to the rest of the world.
What did Rich mean when he said “with the additional tools that were going to give them in financing and upgraded technology plus enhanced intellectual property protection” First of all Rich is a Venture Capitalist, he knows how to raise funds for huge projects, could he be talking about institutional financing? Since tpid only has 50 million outstanding shares and in previous press releases the company stated that they would not be a need to fund the operations through the sale of stock, this to me means that Rich will be able to get conventional bank financing for the company’s expansion. When he talks about enhanced intellectual property protection, I think he is talking about the recent statement that they have hired one of China’s top IPR Law Firms.
Finally this paragraph tells us as shareholders what we can expect in the first quarter and further into 2007. We will start generating revenues. This is the beginning of the launch, in my opinion by the end of this year we will have huge contracts in China and other countries including the U.S. and Europe will be knocking at our doors. In 2007 we will start to see revenues coming in worldwide.
The bottom line is share price, in my opinion ssty should be worth .015 today. With an up listing we could go to .05 without any huge contracts, with huge contracts .20 to .50 cents. TPID is trading at a fair price today, between now and July 1st, I expect it to go back up to .40 to .50 cents. After more contracts have been signed, I expect tpid to reach $1.00 to $3.00 and by the end of 2007 and going into 2008 providing that Rich accomplishes what he stated about making our technology a worldwide standard, with a low float, we could see upwards of $20.00 to $50.00 per share in the next two years.
These are my opinions and you should not base your investment decisions on them, please do your own DD.
06/23/2006 Transcript of Richard Bendis video part 1
Hi I’m Rich Bendis, president and ceo of tpid u.s. A lot of the shareholders have wondered why I at this stage of my career, take on a new challenge of building a new emerging entrepreneurial business. I believe that tpid is uniquely positioned to be the global leader in anti-counterfeiting based on the foundation that has been built by Jim Mackay, Michael Cimino and the rest of the tpid team over the last two years. What excites me about the opportunity is we are dealing with the largest evolving market in the world, which is China, where we have the greatest challenge in counterfeiting, and we have assembled a world class Chinese operation throughout the country who we think will be able to capture the leading market share in product authentification and anti-counterfeiting of anybody who has attempted to enter this challenging market.
In order to build a global entrepreneurial company, it takes world class leadership. I believe that we have assembled the best team within this industry that will help us achieve that goal of being the leader. First of all we have attracted John Voeller as our chief technology officer. Let’s talk about John Voeller, our chief technology officer who has been recognized as one of the top 100 cio’s, cto’s and cko’s in the United States. John and I have a 25 year working experience, he has been recognized as one of the leading resources in technology and innovation in the world, he has been on loan to the White House and the office of science and technology policy for the past two years, specifically working on the Department of Homeland Security and identifying technologies that can help the U.S. war against terrorism, piracy and anti-counterfeiting. He is a great compliment to the tpid team to take us to the next generation technologies were going to need to maintain our leadership position within this industry.
In addition we have added Fred Young, Fred Young is a multi-talented individual who has most recently worked for the committee of 100, which represents the 136 most influential Asian Americans trying to strengthen the Sino and American relationships in the United States. Fred prior to that worked for the Harvard Business School, working on case studies in China for six years studying some of the most successful Chinese companies including Alibaba dot com, Costco and the Shenzhen Stock Exchange. Also Fred was an entrepreneur in his own right, managing a Hong Kong based technology company for eight years before taking on the assignment with the Harvard Business School.
In addition we have J.T. Kaufenberger, one of the longest term employees of tpid who has spent over seven months in China in the development of our proprietory software technology, our kmack system and is working on enhancing the development of our taggant technology and our scanning technology. As a matter of fact J.T. is over in China this week working with our key vendors, to improve our vendor relationships and making key customer support calls on the initial customers for tpid.
Complimenting our management team also is Richard Miller, our chief marketing officer who has over 25 years of experience in global marketing, public relations and investor relations with multi-national companies. Richard and I have worked together over the last five years in my most recent start up which was Innovation Philadelphia which has become best practices in technology based economic development around the world.
Part 2
One of the reasons I am also excited about tpid is I’m going to get the opportunity to use a lot of the international experience I’ve developed over the last 20 years. I’ve been a consultant to the United Nations, NATO, the European Commission METI and Japan and specifically in China. I’ve worked on intellectual property rights, technology commercialization and how to build entrepreneurial ventures over the last five years with the Chinese Government and the key Ministries of China. Within the last week I have just recently returned from China to visit our tpid Beijing offices. I didn’t know what to expect before going but let me tell ya, I was pleasantly surprised. I’ve seen 70 dedicated, knowledgeable employees working for tpid Beijing who are committed who are committed to making this technology with tpid the national standard in China, and I believe a strong foundation has been built with the additional resources and tools that were going to give them in financing and upgraded technology plus enhanced intellectual property protection. I believe that we are now poised to be the leader within China and that will be our doorstep to the rest of the world. I believe that tpid, not just in the U.S. but also in China and other places around the world is a threshold company. Threshold companies are those defined where they started out entrepreneurly and they are now ready to progress into professionally run organizations with world class resources. I believe that we have most of those resources in Beijing right now, the facilities are first class, our laboratories, were mixing our tagants, and chemicals are first class and while I was there we had a chance to retain the largest intellectual property law firm in China and we are also engaging now one of the big 4 accounting firms who we wish to engage in the next 30 days. In addition I believe there are other professional resources that will compliment the tpid team, where initial introductions have been made and we hope to build strong partnerships with these professional resources and service firms that will be complimentary to our full time staff.
As you know tpid U.S. is only three months old, our fiscal year begins July 1st 2006. I think that is an appropriate time for our fiscal year to begin. Basically that’s going to be the launch of tpid on a global basis and I believe that’s when revenues will begin to flow into the tpid global enterprise. We have two years of work in working with key Ministries, industrial partners, governmental agencies in China all of the fruits of that labor are going to come to fruition within the first quarter of our new fiscal year.
When I joined tpid just three months ago, it was overwhelming. It was hard to comprehend why we had four separate entities. TPID Beijing, tpid U.S. Suretrace and Globe Staff. I now understand James Mackay’s vision that all of these ingredients were necessary to build a differentiated global leader in anti-counterfeiting product authentification. We now have a unique ability to go through a global supply chain from raw material to finished goods and track products anywhere in the world. We can also use this same technology to track people anyplace in the world with the unique proprietory Globe Staff technology.
I look forward to communicating with you, our shareholders and also our key stakeholders on a regular basis as key developments emerge. In the meantime please continue to check on a regular basis our website which is currently under construction at (website) I’d like to thank all the shareholders of tpid and the related affiliates. I think now your patience and perseverance will start to pay dividends in fiscal 07 for all of us.
I think there will be a rush to get in today before closing bell.
Your welcome, I am looking forward to next week. It should be a blockbuster week for ssty/tpid.
Thanks chuck, it looks like we are headed north from here. Another pr today would be great.
Peter I can send something to ipwatch. Only 3 trading days left to get the dividend. Buying pressure is on.
The s-dna can be pruduced in billions of separate individual codes. The new innov-x scanners we use will be manufactured in China. SSTY put that out in a press release in late 2005 that Innov-x will be opening up a manufacturing plant in China. They already have an office in Europe and Asia. They will be able to produce them at a cheaper cost. For large companies that produce and ship millions of dollars in products daily, the cost will not be a factor, for small companies it may be a cost consideration but they could probably offer out a monthly leasing fee that would make it cost effective.
Europe
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Thanks Dale, I'm looking forward to next week. I think things are really going to start happening quickly.
I don't doubt that someone could take for example a s-dna code put on a nike tennis shoe and copy it exactly, however the counterfeiter will not know how often the Nike company changes that code. My opinion is that a company like Nike would put a separate s-dna code on their product in lots. The lots would be idendified by date, location where the product was manufacturered, the products destination, etc. So although someone could duplicate the code, they would be caught because their counterfeit products could be scanned in the market place and found to have the wrong s-dna code for that particular market. The kmack system is what is recordkeeping for all s-dna codes and the product information for each code, they will not have access to that system.
Suretrace video 4/26/2006
Part 1
James Mackay:
As Chairman I thought it’s a timely program, for me to give you an update of who we are as a company and where I see us going as a company, why I am so excited even more so now than I was a year ago with what we have achieved and the future is very bright for us. I also have read many questions from shareholders and let me first answer some of these questions. With regards to China, why china. I decided to go to China first because I knew if we could secure China with government support in China, therefore we could establish and secure SSTY. We secured that. We went to china we did a joint venture, we got involved. With government support we became established in china and by being established in china I knew then it would be easier for us to deal with the west. And though that as you’ve seen in previous press releases we now have set up TPID-US and in a very short coming period will be TPID - Europe. Now we have three sisters, and truly we can now deliver a world product. And through this world product we can now deliver the world standard that china has so supported us on and I know that china and the west are working on to achieve, so as chairman for SSTY and for TPID and the companies I am very, very excited.
Part 2
315, that has been a question on everyone’s list. The 315 contract is still there we participated in the trial run the trial run was a huge success. The problem from that was it was so successful that the clients wanted not only the label 315 they wanted our s-dna mark directly on their product. That then brought to us its own problem, the size of the contracts, and to deliver these contracts we needed the personnel the expertise to deliver, we needed the new labs in china to deliver. And over the last period you’ve seen that we have employed three key people to work within the organization at the same time in china we have completed the three labs. So we are now in the position to deliver on the product. You now want to look at the individuals we have employed. Richard Bendis, his track record speaks for itself. He’s the ideal person to run the company on a global basis. To be involved with TPID-US, TPID-Beijing and TPID-Europe. He’s the ideal person for (could not understand the word) and for visionary. So he’s key. You take John. John is the key technical expert for this current technology and future technologies as is Richard bendis. You take the third member Frederick, Frederick is ideally placed with his educational background with his English, his Chinese to communicate east and west and also be involved in the development of next generation. That’s why these three people were brought onboard, to deliver a blue chip company to you the shareholders. And now with these people in place, we can now deliver on the 315 contract; we can deliver on other contracts. We now have the personnel in place, we now have the labs in place, we have our kmack completed, we have our scanners upgraded we are now ready to deliver what we have always said we are going to do. We are now ready, finally to deliver and that is why as your Chairman I am really excited.
I am so looking forward to the coming months where we can show you shareholders what we have really been doing and why for us as a company to be involved in china now, with the west, now into Europe and to be involved in the development of a world standard and involved in new gen technologies, which are exciting, advanced for SSTY-TPID and Globe. These companies all interact. Globe for example: its technology will now be transported into china so they cross-fertilize each other. With a key core management group run by Bendis, we can now manage our companies on a more controlled basis, to insure we deliver the quality of product, not only in china not only in America but also in Europe. And that’s what we have been working to achieve and as chairman of SSTY and the companies I am very ecstatic about what’s happening and you I know as the shareholders, as it all unfolds in the coming months, you too will be very happy.
Part 3
We have a unique product that differs from the five other companies that produce fluids for product identification and authentification, as stated by Voeller "None of the traditional technologies of identification of goods is sufficient to perform these functions. True Product ID has taken a different tack to open the opportunity for true validation and verification,"
We have a new management team, Bendis, Young and Voeller who have the combined ability to develop the technology, the connections to market the product worldwide and of course run the company as it should be be run.
IMO we have contracts in place that we don't know about yet, we have 3 new labs in China that are ready to deliver to many of the 600 Brand 315 member companies. We now have a complet package for worldwide distribution. TPID-US, TPID-China and soon to come TPID-Europe.
I am really excited to see what happens tomorrow and the coming weeks and months.
By Johncee1
Suretrace Security – From the beginning in 2003 to a transition period in 2004 and the transformation of the company in 2005.
Suretrace Security bought the Canadian company Identex in 2003 with the idea that they would market their s-dna taggant to Canada and the United States. Their initial marketing strategy was to offer loss prevention and industrial security products. Then they altered their marketing strategy to channel partner distribution strategy as opposed to direct sales. To this end, Identex has completed national distribution agreements with the Commissionaires (of Canada) and with ToolWatch Corporation of Denver, CO. Shortly after that the company changed its marketing strategy to go after the anti-counterfeting brand authentification and security market throughout Europe, Asia, Africa and the Middle East. The gross margins in loss prevention were about 68% while margins in authentification are much higher. . The Washington Anti Counterfeiting Coalition has determined that the cost of fraudulent replication of assets amounts annually too more than 1 trillion dollars (USD) worldwide.
The company stated that there are five other companies sell "coded" fluids. However, none of these companies possess portable scanning technology and as such require their clients to use a test called "laser ablation" to prove ownership. The most active of these companies, ISOTAG of Texas, uses a color shifting UV (black) light technology. While accurate, the UV technology is expensive and stationary. In addition, as their coded fluid is organic in nature it sits on top of the surface and fades over time under natural light. Identex has a significant advantage over this technology, as its product is inorganic, bonds with the asset on a molecular basis, will never fade, and is readable with a relatively, inexpensive portable scanner. As such Identex considers itself as a new market category.
To manage this diverse market opportunity Suretrace has broken Authentication into the following subgroups: Government Services, Industrial Authentication and Brand Authentication.
Government
Since September 11th, governments around the world have established significant budgets to augment their security efforts. Identex's products can be used in passports, immigration documents, currency, personnel identification badges, contracts, airspace security, etc.
Industrial Authentication
Industrial authentication provides industries such as automotive with the ability to determine legitimate parts as opposed to "knock-off" parts. False warranty claims and legal liability suites are a major concern for corporations. Industries such as aerospace and high-pressure valve producers are required to test component parts on a routine basis. Art collections, lottery tickets, casino checks and playing cards, gem certificates, the gems themselves all require positive verification.
Brand Authentication
Most, if not all, major brand names from soda pop to clothing, to sporting goods face significant problems due to the fraudulent replication or outright theft of their products.
The largest hurdle to effectively capture this market opportunity(s) has been the lack of quick and positive authenticate in the field. Telling a border guard who suspects a shipment of goods to be fraudulent that authenticating the shipment might take days if not weeks is simply not feasible. The combination of Identex's taggant and Niton's scanner meets the immediacy needed is the perfect if not ultimate solution.
Niton's scanning technology has a built-in database that allows for specific information to be permanently tied to a particular formulation of taggant. This information could be date of issue, ownership, purchase order number, shipping detail, expected location, etc. This database can be updated "on the fly" by a field investigator. The built-in database can be connected to a larger central database via direct dial-up, cell phone, or satellite communications. This allows for two-way communications so that a field investigator can download new taggant signatures along with associated database information as well as uploading their findings in the field.
During 2003 Suretrace Security worked on developing the s-dna technology and the marketing of it. In May of 2004 the company fired their old accountant and hired a new accounting firm Grant Thornton LLP. AT the same time the company issued a code of ethics for senior financial officers and the principal executive officer of Suretrace Security Corporation.
This is the time period when I believe Mr. James Mackay realized he had a big problem on his hands. He had financial officers and executive officers of the company trying to destroy the company and steal the technology and clients.
On May 26th, 2005 the company hired a new President and CEO Michael Cimino. Mr. Cimino will coordinate and oversee the structure of any resulting relationship between the company and its Chinese partners.
From the period in 2003 when Suretrace acquired Identex and proceded to market the new technology to 2004 when Suretrace had to fire existing executives that were trying to destroy the company and then to 2005 when Michael Cimino came on board and signed a JV agreement with our Chinese subsidiary and proceed to go after the China market for anti-counterfeiting, brand authentification and security products.
So within a period of 3 years the company has transformed itself from a company that was looking for new technology to one that found it and has been successful in marketing this technology to the government and industry in China.
In 2005 as you will see in the 2005 press releases that relate to China contracts and cooperation agreements the company has successfully put together the foundation for future contracts in China.
In 2006 after setting the foundation the company acquired two shell companies that they plan on using to set up TPID US and TPID Europe. They have also put three individuals in place that can continue to develop the technology and market it worldwide. These three individuals are Richard A Bendis, Frederick J Young and John G Voeller.
Quote from John G Voeller:
"The problem of counterfeit goods of all kinds has always been with us and the impact of its growth is accelerating. The need for an accurate high-speed identification of goods as original in quality and source is equally critical. None of the traditional technologies of identification of goods is sufficient to perform these functions. True Product ID has taken a different tack to open the opportunity for true validation and verification," comments John Voeller.
Quote from Fredrick J Young:
"Having dedicated a career to China affairs, I have a profound admiration for the extraordinary mutual respect and friendship that Chairman James MacKay has worked so hard to cultivate with China. Counterfeit pharmaceuticals, automobile and airplane parts, and consumer products have injured or killed countless people around the world. No other company is better positioned to halt the spread of counterfeiting worldwide than TPID and to establish a Global Anti-Piracy Standard that will not only help save businesses and governments billions of dollars but will more importantly also help save lives."
Quote from Richard A Bendis:
"This is a great opportunity to develop True Product ID globally. The technology, the industry, the potential market product growth, and the entrepreneurial spirit of the company attracted me to this venture. I am especially pleased that True Products ID will become a Philadelphia-based company and there will be job growth and expansion in the future that will further strengthen Philadelphia's position in the global Knowledge Economy," stated Bendis.
The following is a brief history of the company since 2003. Its products and marketing strategy and press releases as they relate to the China market.
The beginning of Suretrace
On January 29, 2003, the Company acquired all of the issued and outstanding shares of Identification Technologies Inc., a private Alberta corporation ("Identex"), in exchange for 1 million shares of the Company's Series B Preferred Stock. Immediately following the acquisition of Identex, the Company changed its name to Sure Trace Security Corporation.
Identex manufacturers a chemical formulation known as "taggant", which is forensic fluid often likened to DNA. Once applied to the surface of literally any asset (tools & equipment), it actually sinks beneath the surface and bonds with the asset on a molecular basis. Removal of the mark is extremely difficult without obvious damage to the asset. The taggant can withstand extreme abrasion, extended baths in acids and solvents, and even 3,0000F (2,4000F melts glass). Once applied, ownership can be guaranteed with certainty. For example, two identical assets owned by two different companies can be correctly identified as to which asset belongs to which owner with 100% accuracy, 100% of the time.
(Old) Marketing Strategy
Prior to its acquisition by Sure Trace, Identex sold Loss Prevention products throughout Canada on a direct sale basis. Identex's client list is impressive and includes such major corporations as Bombardier, Ford Canada, GM Canada, Stelco Steel, Irving Oil, Imperial Oil, Toronto Transit, and Atomic Energy of Canada to name a few.
Sure Trace has significantly altered Identex's distribution strategy by introducing a channel partner distribution strategy as opposed to direct sales. To this end, Identex has completed national distribution agreements with the Commissionaires (of Canada) and with ToolWatch Corporation of Denver, CO. Identex is currently negotiating with several additional firms for distribution agreements on an international scale.
This distribution model for Loss Prevention provides Identex with several significant advantages over direct sales. It has often been said that "people buy from people but they generally buy from people they like and trust". Using existing security firms or firms with a complimentary product or service provides Identex with a large existing sales force that has access to a large existing client base that knows and trusts this sales force. Moreover, as this sales force is a third party to Identex, selling costs and expenses are borne by the distribution channel partner until a sale is actually completed. The following examples will elucidate our strategy
(New marketing strategy)
Identex intends to replicate this distribution strategy throughout Europe, Asia, Africa and the Middle East.
While gross margins on Loss Prevention sales average sixty eight percent (68%), margins in Authentication are higher. Identex has elected to initially focus on Loss Prevention as this strategy facilitates a geographically broad distribution of portable scanners, which forms a central core to the ultimate success of Authentication. The benefits of the broad geographical distribution of scanners are described in greater detail below.
Authentication involves positive proof of origin, right to hold, or outright ownership of an asset. These assets can include documents, gems, component parts, and of course brand name finished goods. The Washington Anti Counterfeiting Coalition has determined that the cost of fraudulent replication of assets amounts annually too more than 1 trillion dollars (USD) worldwide.
Identex-A New Market Category
Globally five other companies sell "coded" fluids. However, none of these companies possess portable scanning technology and as such require their clients to use a test called "laser ablation" to prove ownership. The most active of these companies, ISOTAG of Texas, uses a color shifting UV (black) light technology. While accurate, the UV technology is expensive and stationary. In addition, as their coded fluid is organic in nature it sits on top of the surface and fades over time under natural light. Identex has a significant advantage over this technology, as its product is inorganic, bonds with the asset on a molecular basis, will never fade, and is readable with a relatively, inexpensive portable scanner. As such Identex considers itself as a new market category.
To manage this diverse market opportunity Identex has broken Authentication into the following subgroups: Government Services, Industrial Authentication and Brand Authentication.
Government
Since September 11th, governments around the world have established significant budgets to augment their security efforts. Identex's products can be used in passports, immigration documents, currency, personnel identification badges, contracts, airspace security, etc.
Industrial Authentication
Industrial authentication provides industries such as automotive with the ability to determine legitimate parts as opposed to "knock-off" parts. False warranty claims and legal liability suites are a major concern for corporations. Industries such as aerospace and high-pressure valve producers are required to test component parts on a routine basis. Art collections, lottery tickets, casino checks and playing cards, gem certificates, the gems themselves all require positive verification.
Brand Authentication
Most, if not all, major brand names from soda pop to clothing, to sporting goods face significant problems due to the fraudulent replication or outright theft of their products.
The largest hurdle to effectively capture this market opportunity(s) has been the lack of quick and positive authenticate in the field. Telling a border guard who suspects a shipment of goods to be fraudulent that authenticating the shipment might take days if not weeks is simply not feasible. The combination of Identex's taggant and Niton's scanner meets the immediacy needed is the perfect if not ultimate solution.
Niton's scanning technology has a built-in database that allows for specific information to be permanently tied to a particular formulation of taggant. This information could be date of issue, ownership, purchase order number, shipping detail, expected location, etc. This database can be updated "on the fly" by a field investigator. The built-in database can be connected to a larger central database via direct dial-up, cell phone, or satellite communications. This allows for two-way communications so that a field investigator can download new taggant signatures along with associated database information as well as uploading their findings in the field.
Sure Trace and Identex's management team includes 10 seasoned veterans that posses better than 200 years of sales and management experience. This management team has been assembled to manage the channel distribution partners and pursue specific industrial verticals as they relate to various authentication markets.
Identex filed a process patent application with the U.S. Patent and Trademark Office on March 8, 2002, as application number10/094,297, entitled "Asset and Brand Protection System Using X-Ray Fluorescence Analysis of Unique Elemental Taggant." This application covers the process by which Identex tags and identifies an item using an x-ray fluorescent and spectrographic analyzer and maintains a database of the items tagged with taggants.
Identex has trade-marked the name "Identex" with the Canadian Intellectual Property Office, as well as the phrase "Marked For Life!" The first trade-mark was registered on February 4, 2003 and the second was registered on February 10, 2003. These trade-marks are valid for 15 years from the respective registration dates and are subject to renewal at that time.
Sure Trace/Identex is not aware of any government regulations that might adversely affect its business.
Identex has spent approximately $467,000 US ($700,309 CDN) on research and development in fiscal year 2001 and $285,000 USD ($428,005 CDN) in fiscal year 2002.
Identex's manufacturing process involves the use of certain chemical compounds. The use of these compounds is regulated and Identex has established a waste management and disposal system that complies with all government environmental regulations.
(4/15/2004)
Code of Ethics
For Senior Financial Officers
And the Principal Executive Officer of:
Sure Trace Security Corporation
(The proof of failure of executives especially the Chief Financial Officer)
Notification of inability to timely file Form 10-Q or 10-QSB 2004-05-17
Notification of inability to timely file Form 10-Q or 10-QSB 2004-11-12
Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 2005-03-31
On May 25, 2005, the Company appointed Michael Cimino to the positions of President of the Company and Vice Chairman of the Board of Directors. On the same date, the Company appointed Ron Bell to the position of head of Operations and Sales. James MacKay will provide continued services under the title of Founder.
Now what becomes interesting is what happened between the acquisition of Identex in January of 2003 up to May 26th 2005 when Michael Cimino took over as President. Here is the information that I have looked at and my personal opinion of what happened.
After the Identex acquisition, Suretrace decided to go after the existing markets that Identex had been working on. These markets included loss prevention, authentification and anti-counterfeiting products throughout Canada on a direct sale basis. The client list included Bombardier, Ford Canada, GM Canada, Stelco Steel, Irving Oil, Toronto Transit and Atomic Energy of Canada.
In my opinion the marketing of loss prevention, authentification and anti-counterfeiting products to Identex’s existing clients mentioned earlier was just not bringing in enough revenue or maybe Sure Trace realized at that time that the biggest market for their product line was in China. I believe the latter is the case. This I believe is when Mr. James Mackay decided his vision for the company would be changed. The new focus would be on the biggest market in the world – China. I do believe that some of Identex’s clients still have the potential of being clients of Sure Trace in the future, however once Sure Trace is recognized as the Chinese Government’s standard solution for anti-counterfeiting efforts, authentification, tracking and many other uses, then and only then will we be able to prove to the rest of the world the unique value and effectiveness of our products and services.
2005
Suretrace Security goes after the China Market
Suretrace Security Signs JV partnership agreement with Suneray, later to be named True Product ID Beijing LTD.
What Suretrace Securities has accomplished in China from press releases.
May 27, 2005
Sure Trace Security Corporation (OTC:SSTY) has today announced that, in response to a request from our Chinese associates, it is dispatching its presentation team to Beijing, China. The Chairman is already en route and plans to stay in China, at the request of our hosts, for an extended period of time, in order to be the company's cultural liaison as the parties take the first steps in building what the company hopes is a long term relationship.
He will be joined over the next few days by the newly appointed head of Operations & Sales, Mr. Ron Bell, as well as by our Chief Technology Officer, Mr. Grahame Entwistle. The team will also include additional members made up of expert technical & scientific advisors who are well versed in the specific technology that the company will demonstrate.
After the initial phase and demonstration stage, the company's new President and Vice-Chair, Mr. Michael Cimino, will coordinate and oversee the structure of any resulting relationship between the company and its Chinese partners, with the input and assistance of the full team.
“It is my opinion that James Mackay had been working with Mr. Cimino for quite some time. The time between April of 2004 when the company established the code of ethics up to the date that Cimino came on board, I believe that they were working together in the secret talks to bring on Cimino as President and restructure the company. Ask yourself this question, how the heck can the company hire Cimino on 5/26/2005 and then come out of the gate the day after on 5/27/2005 with a Sure Trace Team en route to Beijing, a new head of operations and sales Mr. Ron Bell, a new CTO Mr. Grahame Entwistle and other outside technical and scientific advisors. We have multiple demonstrations planned. Also how could Mackay and Cimino have developed relationships with its Chinese joint venture partners Sure Trace Asia Ltd and Suneray all in just one day. It is obvious that the two had been working on restructuring the company for the entire year between April 2004 and May of 2005. “
(From the date of the May 27th press release and Sure Trace sending their team en route to Beijing, I believe they knew they needed to strengthen their relationships with the Chinese joint venture partners. As Cimino stated…while others may still be just knocking at the door, the Chinese Government itself, through Suneray has already invited us in… So in less than a month on June 17th 2005 Sure Trace comes out with another huge press release and more major accomplishments.)
June 17, 2005
Sure Trace Security Corporation (OTC:SSTY) (the "Company") announced that, because of its completion of a highly successful demonstration of the Company's capabilities in Beijing, China, it has been able to reshape the framework of its China joint venture. The Company will now hold a majority interest in the joint venture vehicle as opposed to a minority position.
The vehicle, Sure Trace Asia Ltd. (STA), will become a subsidiary of SSTY. The Company will now own 85% of STA instead of 40%. STA and Beijing Suneray Communication Co. Ltd. (Suneray) have an exclusive relationship to bring the Company's technologies into China, Macau & Hong Kong. The joint venture will share the costs and profits on a 50/50 basis.
Mr. William Chan, of Hong Kong, who was instrumental in bringing the Suneray deal to STA, has also agreed to become the CEO of both SSTY and STA. He will also sit on both Boards and will be located in the Company's Hong Kong office. Mr. Cimino will be President and Vice-Chairman of both companies and operate out of the Company's home office in Philadelphia.
Suneray, incorporated in Beijing, China, is legally authorized by People's Republic of China as an agent for the organization and implementation of the Unified Coding Rules for Products and Services, a compulsory national standard of the People's Republic of China.
Mr. Cimino, the Company President said, "This is a promising deal for the shareholders of Sure Trace. We have formed a joint venture with a major gatekeeper for the Chinese government, for the introduction of the types of technologies that we provide. In effect, the door to China is wide open to us... while others may still be just knocking at the door, the Chinese government itself, through Suneray, has already invited us in... That gives us a strong competitive advantage... especially given that we have successfully completed the demonstration stage of the process."
"Now that we also own a majority interest in STA, I believe we have further protected the interests of Sure Trace's shareholders and increased the value of the Company's holdings," said Cimino.
(Wow things are really heating up now! With highly successful demonstrations in Beijing, the reshaping of the China joint venture 85% rather than 40% as a result of those successful demonstrations, Mr. William Chan of Hong Kong now on board, who in my opinion is a huge part of our success and it is stated that Suneray is legally authorized by Peoples Republic of China as an agent for the organization and implementation of the Unified Coding Rules for Products and Services, a compulsory national standard of the Peoples Republic of China. “The door to China is wide open to us.”)
As part of Sure Trace’s vision to provide a complete anti-counterfeiting, brand and product authentication and security products, they have been working on acquiring Globe Staff Consulting and Sensor Media Corporation. It was stated that Sure Trace chose to concentrate on the efforts in closing its deal with Suneray first and then using the connections developed through Suneray to build markets for SSTY in China and the ability to obtain contracts for the fingerprint imaging systems, solar collection systems and TV back-plane systems.
Sure Trace Security Corporation (OTC:SSTY) is pleased to announce that it has completed the acquisition of Globe Staff Consulting (GSC).
Unlike the prior acquisition agreement, the main consideration for the purchase was the issuance of restricted stock. The restructured agreement reduced the cash requirements contained in the earlier purchase document, which will free up resources for the Company's China initiative and other endeavors.
Michael Cimino, the Company's President said, "Our Chairman, Jim Mackay, was instrumental in this renegotiation of the acquisition price. Not only did the Company drastically reduce the purchase price, the Company was able to deliver another technology to the Chinese market that it has been clamoring for and to further enhance our overall perceived usefulness to the Joint Venture. We recognized a market need and found the way to deliver what they wanted."
Recently, GSC has conducted successful demonstrations of its Globe Track technology with two major international security companies, within the past few weeks and both companies have expressed a strong interest regarding GSC's products and services. Additionally, the French Government has referred a major industry representative to SSTY, via its GSC connections regarding a bold anti-counterfeiting measure aimed at the worldwide retail goods market.
Additionally, our Chinese joint venture, Sure Trace Technology (Beijing) Limited, has also met with the 2008 Chinese Olympic Committee. Our partner Suneray had presented our anti-counterfeit technology to the Committee for use in tickets, merchandise and credentials as well as GSC's Geo Track technology for use involving the participants in the games.
Also, our Chinese counterpart, Suneray has indicated to our management that several companies will be positioned to begin exploiting the Joint Venture's solutions involving tobacco, documents, to produce and other retail items.
Jul 27, 2005
Sure Trace Security Corporation (OTC:SSTY.u) has today announced that, it has entered into a binding agreement with Sensor Media Corporation (Sensor) through its subsidiaries, to utilize Sensor's licensed technology in China, Hong Kong and Macau. It has also been granted the sole option to acquire Sensor's threesubsidiaries described below within 120 days of the execution of the agreement upon mutually acceptable terms.
Sensor has indicated that it owns the Intellectual Property rights to various technologies which include solar collection systems, fingerprint imaging systems, and TV back-Plane systems. These technologies are held through Sensor's subsidiaries -- SMC Solar, SMC Biometrics and SMC TV. Sensor has licensed worldwide exclusive manufacturing and distribution rights for these technologies and has granted exclusive sub-licenses to its three wholly owned subsidiaries.
Sensor's subsidiaries (SMC Solar; SMC Biometrics; and SMC TV) have, in turn, granted SSTY an exclusive sub-license to utilize, market and also sub-license these technologies within certain territories and on the terms described below:
SMC Solar: Exclusive rights in China, Hong Kong & Macau (for solar collection technology). (a)
SMC Biometrics: Exclusive rights in China, Hong Kong & Macau (for fingerprint imaging technology). (b)
SMC TV: Exclusive rights in China, Hong Kong & Macau (for TV back-Plane technology). (b)
(a) After 120 days from the execution of the Agreement, the rights will become worldwide except for the following territories, where SMC already has existing contracts: Japan, Australia, New Zealand, Europe, Soviet Union and Africa).
(b) After 120 days, the rights will become worldwide.
Also, in response to inquiries from its shareholders SSTY wanted to clarify the details and chronology of the Globe Staff and Sensor acquisitions.
SSTY previously announced letters of intent with SMC Biometric and Globe StaffConsulting (GSC). Since then, SSTY chose to concentrate its efforts in closing its deal with Suneray Beijing, and then using the connections developed/introduced through Suneray to build markets for the SSTY, SMC Biometric and GSC products/technologies.
The terms of the prior acquisition agreements were not fully met, after signing, by the parties, so current management revisited the situations and found a way to restructure the deals to the Company's benefit and to the approval of both GSC and Sensor. In the case of the GSC deal, instead of paying GSC six million ($6,000,000) dollars as consideration for the purchase, the Company was able to acquire 100% of the stock of GSC in exchange for the assumption of certain liabilities of GSC which should amount to less than $600,000. The company also issued GSC 242.5 million restricted shares of SSTY common stock as consideration for the acquisition.
SSTY has also today announced that it has resigned an updated and renegotiated agreement with SMC Biometric Inc. and its parent company Sensor Media Corporation. Under the terms of the LOI, SSTY has a four month option to close the acquisition which management believes will allow it sufficient time to secure revenue contracts for the fingerprint technology.
With the Suneray agreement now executed and in effect SSTY has once again focused its attention to building out its line of security products. In fact SSTY has commenced talks with its Chinese partners directly and European connections via GSC. In effect, SSTY now has the time to enter into revenue producing contracts before it has to fully pay for the acquisitions.
Jul 29, 2005
Sure Trace Security Corporation (OTC:SSTY.u) is pleased to announce that it has fully satisfied all the steps required by the Chinese government, both financial and technical, and has gained official approval of its joint venture, Sure Trace Technology (Beijing) Limited (the "JV"). The official signing, ratifying the venture company, took place in Beijing yesterday. In an unusual step, the official signing ceremony was carried live on the government owned national television station.
James Mackay, the Company's Chairman said, "After many months of often intense efforts, I am extremely pleased to finally announce that our technology has qualified and that the Company has met all financial requirements."
Additionally, the Company has announced that within the next week, in Beijing, it is planning a public demonstration of the JV's technology which will also be telecast live on Chinese national television.
Aug 01, 2005
Sure Trace Security Corporation (OTC:SSTY.u) has planned live public demonstration, of its technology, which it expects to be telecast on Chinese national television (CCTV-1) within the next 10 days. Representatives of the government, customs, military, commercial banking and tobacco industries as well as representatives of the 2008 Olympic Committee are scheduled to be in attendance in Beijing, for the demonstration.
The Company, along with Beijing Suneray Zexin Technology Limited (Suneray) who has an exclusive relationship to bring the Company's technologies into China, Macau & Hong Kong, together formed Sure Trace Technology (Beijing) Limited (the "JV").
Michael Cimino, the Company's President and Vice-Chairman said, "Mr. James Mackay our Chairman and Mr. William Chan our CEO who both participated in last week's JV signing ceremony on live TV, have, through Suneray, our Joint venture partner, arranged quite an impressive line-up of guests... all of whom who have already been in discussions with Suneray concerning the commercial uses of the technology."
Sure Trace Plans Live Demo in Philippines; In Addition To Demos Planned In Beijing; Company Chairman Concludes Series Of Meetings In Philippines
Aug 02, 2005
Sure Trace Security Corporation (OTC:SSTY.u) has today announced that, in response to a request from associates in the Philippines, it had dispatched its Chairman to conduct a series of meetings with government and industry officials.
As a result of these meetings, a second live television demonstration of the Company's technology will also be conducted in the Philippines in close proximity to the planned Beijing demo.
Sure Trace Security Corporation (OTC:SSTY.) announced that it has today participated in a public demonstration of its anti-counterfeiting technologies in Beijing, China. In attendance were over fifty persons, including representatives of National and Regional
Government departments, including Military, Customs and Civilian Services, licensee of the 2008 Beijing Olympic Organizing Committee, brand manufacturers, including cigarette, pharmaceutical, as well as Chinese regional and national media.
The demonstration was put on by Sure Trace's 85% subsidiary, Sure Trace Asia Limited (STA), and Beijing Suneray Zexin Technology Limited (Suneray), the co-owners of a joint venture recently approved by the Chinese Government to commercialize Sure Trace's anti-counterfeiting technologies in China.
The demo was videotaped by Chinese television and is intended to be broadcast at a later date. Those segments will be posted on the Company's website when available; however, the Company also videotaped the demonstration and its footage should be available on the Company's website later today.
Mr. Li Ning, General Manager of Suneray, stated in his opening remarks at today's demonstration: "Through the course of our due diligence into a wide variety of anti-counterfeiting technologies available globally, we selected SSTY as it is not merely the 'best of breed' in terms of product but rather a full service solution. SSTY deals with the heart of counterfeiting and at the same time will create thousands of jobs within China, will return many millions of dollars back to the owners of brand name goods, as well as generate tax revenue to the Government that will benefit the People of China."
William Chan, CEO of SSTY and STA stated: "This was a great success today. Working with Suneray for the past several months, we have had the opportunity to meet many possible clients while at the same time working with Government organizations to gain national approval of our products and techniques. I am very proud of our own people who have worked very hard to deliver our technology to China in a fashion that has met the cultural, ethical, and economic needs of China. The solution that the Joint Venture we presented to the People of China today creates a tremendous springboard opportunity for us to create similar joint venture partnerships in other parts of Asia."
Mr. Jim MacKay, Chairman of SSTY said: "We have worked very hard for this day and the result has been fantastic. The turnout for our presentation was very good, which indicates to me that our Joint Venture Partnership is off to an excellent start. In my opinion, Suneray, working together with Sure Trace Asia and our own SSTY employees, have done a wonderful job in building a provable anti-counterfeit solution acceptable to the Chinese Government that can be expanded to the rest of the world. A very exciting part of Suneray's Government mandate is that, potentially, every single consumer good produced for both domestic consumption as well as export goods will be marked with a True Product I.D. I am confident that today marks a significant step forward in the business growth of SSTY."
As part of its roll out of products and services in China, SSTY, together with its joint venture partners, determined that the new name for its technology is "True Product I.D." Over the course of the next few weeks, SSTY intends to update its web site to promote True Product I.D.
Sep 08, 2005
Sure Trace Security Corporation (OTC:SSTY.) announced today that Sure Trace Technology Beijing Limited (Sure Trace Technology), the Joint Venture Company of its subsidiary Sure Trace Asia Limited (Sure Trace Asia) and Beijing Suneray Jexin Technology Limited (Suneray) have opened a new and much larger administration office, laboratory, and manufacturing facility as they have outgrown the space that was previously provided by Suneray. The new space encompasses approximately 5,200 square feet (488 sq meters) of office and administration space and an additional 12,900 square feet (1,200 Sq meters) of laboratory and manufacturing space is available for future expansion. Often referred to as Beijing's Silicon Valley, the new facilities are located in the Haidian district of Beijing.
Since the Chinese public demonstration of its products and services on Wednesday August 17, 2005, which was attended by number of key prospective clients, an edited news version has aired on Chinese National TV station CCTV5 during prime time news on Saturday September 3, 2005. A copy of this broadcast will be available on www.suretrace.com in both English and Chinese in the very near future.
Suneray and Sure Trace Asia are currently building a website (www.trueproductid.com) to specifically address True Product I.D. True Product I.D. is the banner under which our S-DNA is being branded within China by Sure Trace Technology. We have launched our updated website, which now includes a Chinese language version.
Mr. William Chan, CEO of both Sure Trace Security Corporation and Sure Trace Asia stated, "I am very proud of the progress we have made in China. Suneray has proved a most worthy partner. They have opened many doors to Anti-counterfeit business opportunities in China and with our new facilities set up; we are much stronger now to maximize these opportunities. I am also very proud of our Sure Trace Security Corporation staff in their recent successes and continuing commitment in providing training and support to the JV staff and sales force."
Mr. Li, President of Suneray stated, "These new offices and manufacturing facilities give us the sufficient space we needed to satisfactorily carry out the client's specific demands regarding the products and services. Over the next few weeks Sure Trace Technology will have its own website developed and we are happy to see that Sure Trace Security Corporation now has a Chinese language version of theirs which certainly provide a great interaction support in developing our business in China. It is great to see that Mr. MacKay and his team have obviously put a lot of effort in to getting this going with us."
Oct. 20th 2005
Sure Trace Security Corporation announced that True Product ID Technology (Beijing) Limited, formerly Sure Trace Technology (Beijing) Limited, a 50-50 JV of its 85% Subsidiary, True Product ID Technology Limited, formerly known as Sure Trace Asia
Limited (STA), and Beijing Suneray Zexin Technology Limited has completed a cooperation agreement with The National Brand Cartel Anti-Counterfeit Cooperation Network - Brand315.com.
Brand315.com is established under the authorization of the Ministry of Quality Supervision, Inspection and Quarantine of the People's Republic of China. It is a network introducing anti-counterfeit technologies, services and law enforcement for branded products. In attendance at the signing of the agreement were Mr. James MacKay, Chairman of SSTY; Mr. Li Ning, President of True Product ID Technology (Beijing) Limited; Mr. Zhao Zeyuan, director of the Brand Protection, China National Joint Rights Maintenance Cooperation Network of Brand Enterprises; Mr. Qi Xuan, secretary-general of China Association for Technical Supervision Information.
The signing ceremony was held on September 28, 2005 at the China National Institute of Standardization. Due to a national holiday, the finalization of all required documentation was not completed until recently. In the ceremony, speeches were made by Mr. Qi Xuan, Mr. Li Ning and Mr. James Mackay. Mr. Qi Xuan awarded the JV, True Product ID Technology (Beijing) Limited with an honor certificate of "Promotion Unit of Anti-counterfeiting Technologies Application Designated by Protected Key Brands of China National Joint Rights Maintenance Cooperation Network of Brand Enterprises Market Inspection System".
Mr. Qi Xuan also awarded Mr. James Mackay with a letter of appointment as the "Vice Chairman of China National Joint Rights Maintenance Cooperation Network of Brand Enterprises". Mr. James Mackay was named Vice Chairman of Nation Brand 315 Cartel. Brand315 provides security labels to the top 600 of China's national brands. Their clients cover all areas of consumer goods and collectively their clients distribute substantially into the billions of units of goods.
In step with the Peoples Republic of China Government' initiatives to stop counterfeiting and contraband, Brand315 has been searching for technology to augment its current products. Management of SSTY believes that SSTY's S-DNA brand protection technology works well with Brand315 label systems as S-DNA can be easily applied to the labels.
Mr. Li, President of True Product ID Limited stated, "We are very proud of this agreement. We view Brand315.com as a perfect partner for True Product ID as they already have a strong business relationship with many of China's major Brands and give True Product ID a tremendous opportunity to close business quickly."
Mr. James Mackay added, "Brand315.com has the full support of the Government of China. Both the Government and the Brands are committed to stopping counterfeiting and together we offer a powerful solution at an affordable price."
In other news, SSTY has commenced the search for a Chief Operating Officer for its Chinese operation. As part of its search, SSTY has updated its web pages to include a Jobs and Careers section as SSTY anticipates the need for additional staff to meet its obligations to support the efforts of STA and its Joint venture Partner, True Product ID.
Oct. 31st 2005
Sure Trace Security Corporation (OTC: SSTY) participated today together with its Joint Venture partner, True Product ID (Beijing) Limited, in a meeting with The People's Republic of China's Central Government. The meeting was held at the People's Hall, which is connected to the People's Congress in Tiananmen Square, a very rare honor presented to selective Chinese and even rarer still foreign corporations. Tiananmen Square is symbolic of the very pinnacle of political power in China, much like the White House is in the United States.
During the presentation, which was attended by more than seventy (70) of China's relative political and security leaders including:
-- General Office of the State Council of PRC
-- Division of Security of the Chinese People's Political Consultative
Conference (CPPCC)
-- Division of Security of the National People's Congress (NPC)
-- Division of Security of the Central Guard Bureau
-- State Secrets Bureau of PRC
-- China Banking Regulatory Commission
-- China Unicom
-- State Patent Bureau of PRC
-- The Second Research Institute of the Ministry of Public Security
-- The Customs General Administration of PRC
-- Bank of China
-- Zhongcheng Satellite Technology Center Co., Ltd.
-- And numbers of bureau-level cadres ...
True Product ID demonstrated its security solutions including S-DNA, its track and trace system - KMACK, and the world's first Personal Biometric Fingerprint ID system. The meeting is the culmination of months worth of effort and organization to deliver a complete security package to the people of China, setting a new world standard for document, consumer product, and personal security solutions.
Mr. William Chan, CEO of both Sure Trace and Sure Trace Asia, stated, 'Today was far more than a mere milestone in our goal of providing a superior security solution. Today we had and took the opportunity to show some of the most powerful and important decision makers in all of China how our combined technologies can benefit the people, the economy in terms of jobs and taxes, and in fact the whole of the world.'
Mr. Li, President, True Product ID, stated, 'Over the past few months we have held many presentations with various corporations within China. Now that we have been accepted as a security standard by the Central Government these corporations will act quickly to participate in our project. I am proud of our results and of the great effort and dedication shown by our staff. I am also very happy for the People of China as what we offer will improve their very lives.'
Mr. James MacKay, Chairman of SSTY, STA, and True Product ID, in his opening remarks at the presentation stated in part, 'The fact we are all here today shows that the Government of China is not just talking but in fact taking action and leading the way to establish a world standard to fight crime in the form of counterfeiting, identity fraud, and contra-band.'
Nov. 4th 2005
Sure Trace Security Corporation (OTC: SSTY) announced that it has signed an agreement with Innov-X Systems, Inc., wherein Sure Trace has agreed to utilize Innov-X's Scanners for use in connection with its SDNA solutions on a worldwide exclusive basis and Innov-X has agreed to make the XRF Scanners for Sure Trace on an exclusive worldwide basis.
Initially, Innov-X will manufacture/assemble the Innov-X XRF elemental Scanners, software and related intellectual property (including all enhancements and revisions/redesigns thereto) in its present facilities in the US, however due to the anticipated increase in the volume of Scanners required, Innov-X will set up a manufacturing operation in China for the sole purpose of producing Scanners for delivery to Sure Trace and its China-based clients.
The units will be private labeled under the True Product ID brand name and can be designed/redesigned by Innov-X in conjunction with Sure Trace to fit its specific clients' needs. The manufacturing of Scanners in China goes into effect after Sure Trace meets certain order minimums, which the Company's management feels it will presently achieve.
Nov. 21st 2005
Security Corporation (OTC: SSTY) announced that True Product ID Technology
(Beijing) Limited has signed a service agreement with The National Brand
Cartel Anti-Counterfeit Cooperation Network - Brand315.com, to deliver the
True Product ID anti-counterfeiting technology. True Product ID Technology
(Beijing) Limited is a joint venture owned 50% by a Chinese corporation,
Beijing Suneray Zexin Technology Limited and 50% by True Product ID Technology Limited, 85% of which is owned by Sure Trace.
Brand315.com is established under the authorization of the Ministry of
Quality Supervision, Inspection and Quarantine of the People's Republic of
China. It is a network introducing anti-counterfeit technologies, services
and law enforcement for branded products. Brand315 provides security labels
to top national brands in China and has 600 active members. Its clients cover
all areas of consumer goods and, collectively, distribute billions of units of
goods per day.
Brand315 has informed Sure Trace that it chose the Company's solutions,
collectively known as True Product ID, because it recognized that the
components of this one solution fit the varied and specific needs of all
Brand315's members. According to the feedback from Brand315, what set the Company apart from other technologies is that we have demonstrated the present ability to deliver the technologies developed for China and deploy them across many different applications - from controlling and tracking counterfeit products, containers, authenticating precious artifacts, identity authentication, transportation systems, munitions and document management.
This initial pilot program contract calls for the joint venture to mark
2 billion labels of the top brands in China. If this initial pilot program is
completed as planned, Company officials estimate that the total receipts under this contract will approximate $5,000,000 over the next 3 months. The amount may vary due to fluctuations in the currency exchange rate.
This number of items to be marked in this initial agreement, 2 billion
units, is just the average daily amount of units commonly processed by the
Brand315 network.
The Company will be providing scanners (both from Innov-X and AMCO),
taggants, the services of its proprietary, remote, real-time authentication
software system, KMACK, and networking to the central database.
James Mackay, the Chairman of the Company said, "For the most part of the
last year, our team here in China has worked extremely hard to provide China
with a total anti-counterfeiting solution. China has chosen to take this
important step in the war on counterfeiting to put a stop to counterfeit goods
not only in China but the world." He went on to say: "True Product ID is very
proud to support the Chinese government in establishing a world standard and
building the spirit of 'one world one dream.'"
Dec 14, 2005
Sure Trace Security Corporation (OTC: SSTY) announced that its joint venture partner, True Product ID (Beijing) Limited, delivered the first batch of labels marked with S-DNA to Brand135.com this past week during the 2005 China Trademark Festival, ahead of the projected schedule.
Jan 25, 2006
Sure Trace Security Corporation (OTC: SSTY) announced that its joint venture partner, True Product ID Technology (Beijing) Limited ("TPiD"), a joint venture of its 85% subsidiary, True Product ID Technology Limited, and Beijing Suneray Zexin Technology Limited has signed a cooperation agreement with China Consumer Journal, which is a subsidiary company of the Ministry of Industry and Commerce.
SSTY provides proprietary solutions for loss prevention and anti- counterfeiting purposes. On November 24, 2005, it announced that the joint venture had signed a service agreement with The National Brand Cartel Anti- Counterfeit Cooperation Network -- Brand315.com, to deliver the True Product ID anti-counterfeiting technology.
With the addition of the cooperation agreement, TPiD can now not only mark products but can ensure the proper use of the technology in its utilization and assist in conducting its enforcement in the field ... across the entire spectrum of products and goods that are tagged. This enforcement workforce will monitor all the items tagged through every contract that TPiD enters into across the country.
Within China, the Ministry of Industry and Commerce is one of the Government or civil agencies charged with the responsibility to provide field authentication of consumer products. Through the co-operation with the China Consumer Journal which also produces anti-counterfeiting labels similar to Brand315 (see November 14, 2004 PR), TPiD will work with the Ministry of Industry and Commerce to provide them with SSTY's scanning and KMACK technologies.
Chairman Mr. James MacKay, who has personally spearheaded SSTY's efforts in China for the past year, stated, "I am always pleased to see forward progress and believe that we are seeing only the beginning of a series of contracts in China. Based on the magnitude of exports from China to the rest of the world we are getting tremendous response from importers in both North America and Europe."
SSTY has this week kicked off its initial drive to establish a sales force in North America with end user and cooperative reseller and/or marketing partnership meetings taking place in Philadelphia and Chicago.
As a matter of policy, SSTY generally does not disclose specific valuation and volume information concerning individual contracts, unless such disclosure is required by applicable law. SSTY believes that keeping such information confidential is beneficial to client development.
Jan 26, 2006
Sure Trace Security Corporation (OTC: SSTY) announced that its joint venture partner, True Product ID Technology (Beijing) Limited ("TPiD"), has signed another direct sales/revenue agreement in China.
In the transaction TPiD will provide its S-DNA technology to a major Chinese automotive parts distributor whose largest export client is General Motors.
Feb 02, 2006
Sure Trace Security Corporation (OTC: SSTY) announced that its joint venture partner, True Product ID Technology (Beijing) Limited ("TPiD"), has signed another direct sales/revenue agreement in China.
In the transaction TPiD will provide its S-DNA technology to the Palace Museum of China to mark the items in its collections. Chairman James MacKay stated: "This contract again shows the wide range of items that can be tagged and protected from fraud ... from labels to precious antiques."
Feb 07, 2006
Sure Trace Security Corporation (OTC: SSTY) previously announced that its joint venture partner, True Product ID Technology (Beijing) Limited ("TPiD"), a joint venture of its 85% subsidiary, True Product ID Technology Limited, and Beijing Suneray Zexin Technology Limited, has signed a cooperation agreement with the China Consumer Journal which is a subsidiary company of the Ministry of Industry and Commerce.
Through the cooperation with the China Consumer Journal, which also produces anti-counterfeiting labels similar to Brand315, TPiD will work with the Ministry of Industry and Commerce to provide them with SSTY's scanning and KMACK technologies.
Under that agreement, SSTY is to provide its proprietary solutions for loss prevention and anti-counterfeiting purposes across an entire spectrum of products and goods. Now the 315 System has said that it also plans to use TPiD's technology to enhance other anti-counterfeiting technologies themselves ... not just goods and services.
SSTY Chairman James MacKay stated, "Our technology will now be used by the 315 System to provide individualized and integrated anti-counterfeiting solutions to different industries and products possessing different anti- counterfeiting technologies, including digital, holograms and fabrics/textiles ... in addition to our own S-DNA technologies."
TPiD and the China Consumer Journal have established a working group, in which each of the two parties will assign staff to work jointly on the projects and those offices have been set up inside the China Consumer Journal's offices.
March 17, 2006
Sure Trace Security Corporation (OTC: SSTY) today announced the appointment of Richard A. Bendis as president and CEO of True Product ID, Inc. (TPID). Mr. Bendis was most recently president and CEO of Innovation Philadelphia (IP), a regional technology-based economic development organization, and he will remain a member of the board of directors of Innovation Philadelphia. Bendis brings to TPID a long and distinguished career as entrepreneur, corporate executive, venture capitalist, investment banker, and consultant in the technology and healthcare industries. He is an international business consultant and featured speaker to the United Nations, NATO, the European Commission, MITI, and global technology-based enterprises and countries.
James MacKay, Chairman of both SSTY and TPID, said: "Over the last two years in China we have built a solid foundation. From being invited to The People's Great Hall, to joint ventures with government agencies, to the signing of contracts. The government of China is fully committed to leading the way to establishing a world standard for authentication and anti- counterfeiting of all goods. And only through a world standard can we protect the safety of the peoples of the world and their governments. Governments lose through loss of income from taxes. Terrorists use counterfeit goods to fund their activities. People lose out through loss of jobs, and the increased cost of goods due to counterfeiting. More importantly, people's lives are lost due to fake products and fake pharmaceuticals. With Rich, we can now help build a world standard with China and the US leading the way. At the same time, we will bring employment and commerce to Philadelphia and the US. Only China and the US working together can achieve a world standard, and Rich is the person to help deliver it. This world standard is being built in the spirit of the Chinese Olympics: 'One World - One Standard.'"
Judith Rodin, President of the Rockefeller Foundation, President Emerita of the University of Pennsylvania and former Board Chair of Innovation Philadelphia, commented, "Rich Bendis is a very innovative global business leader who understands that implementation is the key to a successful organization. In the last four years, I personally watched as he built an organization that has successfully delivered exceptional results and received global recognition."
MacKay added: "Rich Bendis has the global marketing, global business expertise and global network that will contribute to our vision of becoming the world leader in the provision of anti-counterfeiting, brand and product authentication, and security products and services."
As president and CEO of True Product ID, Mr. Bendis will operate from the firm's newly established Philadelphia headquarters and lead the efforts for expanding the company's global presence as it capitalizes on the growing international market for anti-counterfeiting and security surveillance applications. The technology has applications across multiple industries and geographies. The International Chamber of Commerce estimates that seven percent of world trade are in counterfeit goods and that the counterfeit market is worth over $350 billion. This results in the loss of millions of dollars in tax revenues and tens of thousands of jobs due to the manufacture, distribution and sale of counterfeit goods. True Product ID has developed technologies and related strategies to address the global threat posed by counterfeiting.
"This is a great opportunity to develop True Product ID globally. The technology, the industry, the potential market product growth, and the entrepreneurial spirit of the company attracted me to this venture. I am especially pleased that True Products ID will become a Philadelphia-based company and there will be job growth and expansion in the future that will further strengthen Philadelphia's position in the global Knowledge Economy," stated Bendis.
Prior to his appointment as IP's first President and CEO, Bendis for the past twenty-five years has been Chairman, President, or CEO of both public and private enterprises. He successfully leveraged a career in the private sector with companies including Quaker Oats, Polaroid, Texas Instruments, Marion Laboratories and Kimberly Services and in the venture capital industry to establish his own successful venture capital firm, RAB Ventures, which made 15 investments in early-stage technology and healthcare companies. Bendis also successfully built an Inc. 500 healthcare software company, Continental Healthcare Systems, Inc., which he took public on the NASDAQ and later sold to an international conglomerate.
As a leader who knows how to build and launch successful organizations, he built the Kansas Technology Enterprise Corporation (KTEC) into a globally recognized model for technology-based economic development.
Mr. Bendis was recruited to Philadelphia in 2001 to serve as president and CEO of Innovation Philadelphia, a public/private partnership dedicated to growing the wealth and the workforce of the Greater Philadelphia Region. Under his leadership, Innovation Philadelphia stimulated the local technology scene for the Greater Philadelphia region by establishing new and innovative programs in four distinct areas: Direct Equity Investment/Financing Assistance; Technology Commercialization; Global and Regional Economic Development; and Market Research and Branding Philadelphia as a global Knowledge Economy leader.
Mr. Bendis currently serves on the board of directors and is Chair of the Audit Committee and of PDG Environmental, Inc. PDG Environmental, Inc., headquartered in Pittsburgh, PA, is a leading provider of specialty contracting services to commercial, industrial and governmental clients nationwide through 18 U.S. offices.
Mr. Bendis currently serves or has served as a member of the following international, national and regional organizations including: the Council on Competitiveness, Eisenhower Fellowships Nominating Committee, founding member and Board Member of the National Association of Seed and Venture Funds (NASVF), Science Parks and Innovation Center Expert Group (SPICE), founding member and Board Member - State Science and Technology Institute, American Association for the Advancement of Science, Governor's Appointee, member of the executive committee for the National Governors' Association and Science and Technology Council, The New York Academy of Sciences, National Business Incubation Association, executive committee Greater Philadelphia Global Partners, executive marketing and international committee for Philadelphia Convention and Visitors Bureau, UNESCO Philadelphia Executive Committee, World Trade Centers of Greater Philadelphia, Temple University Center for International Business and Research (CIBER), and the Drexel University Laurence A. Baiada Center for Entrepreneurship in Technology.
March 29, 2006
Sure Trace Security Corporation (OTC: SSTY) (OTC Bulletin Board: ONTV) announced that its joint venture partner, True Product ID Technology (Beijing) Limited ("TPiD"), has officially opened a new facility composed of three separate labs designed to process and deliver the taggant utilized to mark the individual items in its anti-counterfeiting technology.
Three separate labs are used so that no one facility possesses the entire formulae. Each lab only handles a portion of the process for security reasons.
James MacKay, Chairman of SSTY, said: "We are very pleased to get these facilities online and ready to deliver. The overall cost of the labs was close to 1 million dollars, but the investment should be well worth it. Now that they are completed, we have the present ability to take and process orders in China according to our projected demand.
"I am also pleased to announce the completion of the KMACK data center for China. With the completion of these facilities and the hiring of Richard Bendis, the company is in the position now to fully maximize the opportunities presented us in China and the rest of the world," MacKay added.
April 17, 2006
Richard A. Bendis, CEO and President of True Product ID, Inc. (OTC Bulletin Board: ONTV), a wholly owned subsidiary of Sure Trace Security Corporation (OTC: SSTY), today announced the appointment of Frederick J. Young as Managing Director, China and Chief of Staff, Office of the Chairman.
As former Research Director for the Committee of 100, a national organization composed of many of the most influential American citizens of Chinese descent - Mr. Young interacted with senior Chinese leaders to help strengthen Sino-US relations. In 2005, on the Committee's behalf, he prepared a landmark survey about American attitudes towards China presented to China's National People's Congress Chairman, Wu Bangguo, China's State Councilor Tang Jiaxuan, and current Chinese Ambassador to the US Zhou Wenzhong, and helped organize meetings with top-ranking leaders from the Chinese Ministry of Commerce, Ministry of Foreign Affairs, and State Council and with senior US Embassy officials.
He will be in attendance for China's President Hu Jintao's upcoming state visit with President Bush during which the two world leaders will discuss, among other things, joint anti-piracy efforts.
Previously, Mr. Young worked for the Harvard Business School's Asia-Pacific Research Center in Hong Kong, where he developed case studies on the world's and China's largest shipping company, COSCO, China's Internet conglomerate Alibaba.com, and the Shenzhen Stock Exchange, and where he helped lead research on branding and the intellectual property right issues in China. His case studies are widely taught at HBS and constitute the core curriculum of China's equivalent to HBS, the prestigious Tsinghua University's School of Engineering and Management. Prior to that, he managed a Hong Kong private investment firm which was one of the initial developers and distributors of digital video (MPEG) technology in China.
"Fred Young is the quintessential 'China hand' uniquely respected by business and government leaders throughout Greater China," commented James MacKay, Chairman of both Sure Trace and True Product ID. "The addition of Fred and his extraordinary relationships, network, understanding, and experience in connection with China, especially as they pertain to next generation technology and intellectual property rights, is a reaffirmation of, and will bolster, our strong respect and friendship for and with China and TPID's and China's joint commitment towards establishing a Global Anti-Counterfeiting Standard. Dedicated to establishing such a Global Anti-Counterfeiting Standard, we continue to strive together towards China's vision of 'One World, One Dream.'"
"Rampant copyright infringement tops the political agenda as the Presidents of both China and the USA meet in Washington, DC this month," said Fred Young, who will attend formal meetings and functions connected with President Hu's upcoming visit. "Having dedicated a career to China affairs, I have a profound admiration for the extraordinary mutual respect and friendship that Chairman James MacKay has worked so hard to cultivate with China. Counterfeit pharmaceuticals, automobile and airplane parts, and consumer products have injured or killed countless people around the world. No other company is better positioned to halt the spread of counterfeiting worldwide than TPID and to establish a Global Anti-Piracy Standard that will not only help save businesses and governments billions of dollars but will more importantly also help save lives."
April 24, 2006
Richard A. Bendis, CEO and President of True Product ID, Inc. (TPID) (OTC Bulletin Board: ONTV), a wholly owned subsidiary of Sure Trace Security Corporation (OTC: SSTY), today announced the appointment of John. G. Voeller as Chief Technology Officer for True Product ID, Inc. Mr. Voeller is currently Senior Vice President, Chief Knowledge Officer and Chief Technology Officer for Black & Veatch, a multi-billion dollar global engineering and construction company based in Kansas City and will retain his position with the company in addition to his new role at True Product ID.
Voeller will be responsible for the strategic vision of TPID technology innovation and systems development of key anti-counterfeiting technology applications. "John Voeller adds the industry expertise and experience to expand the True Product ID technology across multiple business applications. His global strategic vision will be an asset that will change anti-counterfeiting methods for the future," comments James Mackay, Chairman of True Product ID.
"John Voeller is a global leader and innovator in technology. His engagement as a consultant to the Department of Homeland Security and his American Society of Mechanical Engineers (ASME) Fellowship in the office of Science and Technology Policy for the Executive Office of the President provide experience that will aid in the growth and market position of our new company," comments Richard A. Bendis, President and CEO of True Product ID.
"The problem of counterfeit goods of all kinds has always been with us and the impact of its growth is accelerating. The need for an accurate high-speed identification of goods as original in quality and source is equally critical. None of the traditional technologies of identification of goods is sufficient to perform these functions. True Product ID has taken a different tack to open the opportunity for true validation and verification," comments John Voeller.
Voeller has been responsible for the creation of five- and 10-year automation strategies and he is the principal architect of Powrtrak, the automated engineering system of Black & Veatch that was used to build over 600 power facilities around the world. This engineering system has been reviewed in articles in ENR, Forbes ASAP and CIO magazines. Voeller has started numerous companies in the technology sector and has been a board member on a number of others.
He has advised societies including ASME, the American Institute of Steel Construction, the American Society of Civil Engineers, the Civil Engineering Research Foundation, and has worked with a number of Federal agencies looking at the future automation in both physical and cyber domains.
He has served as Technical Leader for the Chemical, Biological, and Radiological Technology Alliance (CBRTA), working on advanced technology to deal with terrorist threats with 13 companies including Honeywell, 3M, Motorola, General Dynamics, Johns Hopkins-APL, Mayo Clinic, CUBRIC, Cargill, BD Sciences and Syracuse Research.
He has also served as chairman of ASME's Critical Asset Protection Initiative, leading eight teams of world experts in planning first responder actions and risk analysis of terrorist incidents.
Voeller was co-founder and chief technical officer of BV Solutions Group, as well as a recipient of the CIO Enterprise Value Award for 1997 from CIO magazine and the Award of Excellence from Engineering News Record magazine for 1998. He has also been the recipient of the Ed Forrest Award For Highest Achievement in Engineering Automation for 2000 and the CIO Premier 100 Award as one of the top 100 CIOs In The US for 2000.
He is a certified Professional Engineer in the states of Kansas and Michigan. He is a graduate of the Georgia Institute of Technology, BME, 1971.
Im talking about the dividend shares ontv is issuing their shareholders on some sub companies they own, it is not the ontv/tpid dividend.
Copy of post from rrm_b4u:
Some thoughts... Let's look at it from an arbitrage POV. Post ONTV split you will receive ONE(1) share of ONTV for every 19.697 SSTY shares you own. Todays closing price of ONTV is .34 so .34/19.697 yields a current valuation of SSTY at 0.0173 per share. Todays close was .0018 or 9.4X times under valuation, or, assuming the current price of SSTY is valid, ONTV is only worth 0.036 cents per share. The market denies through arbitrage the 0.036 price for ONTV. The market is really saying that, in the absence of other valuations and more meaningful numbers, at least the prior market high of SSTY prior to the suspension (0.014) is where the arbitrage valuation of the stock dividend is currently being placed.
As SSTY returns to the pinks I expect a rapid return to those levels to test the market. If ONTV rises I expect the SSTY initial retirn to pinks price to rise as well.
Subsequent contract dollar numbers will alter both stock values based on their respective valuations thereafter. ONTV, with a float of only 50MM shares for the first year, will be a real mover. SSTY, with very little expense except G&A, will be a money machine for future M&A. Both should do exceptionally well IMO.
If a Fortune 500 company does attempt to buy them out, the exclusive license from SSTY to ONTV makes a hostile T.O. of ONTV a low probability. A right to cancel must be included in the license. The number of shares held by SSTY management is in effect a poison pill for SSTY hostile T.O. attempts. Any way you look at this, unless someone just flat steals the technology from SSTY, and then streals all the customers, and does it with goodwill in China, SSTY shareholders should do real well IMO.
Response from Johcee1:
Excellent post rrm, The question is what is keeping the price of ontv at .34 right now. Is it the existing investors holding on their shares because they see the potential of ssty, if that is the case then they are considering .34 a fair price for ontv and that ssty should be worth .017. Or are they holding their shares until the 30th when they get their spin off shares of ontv/s dividend. Once they receive their dividend, will they sell their ontv? That is a big question.
Another question is why would they not, if they beleive in the potential of ontv/tpid, be buying more shares of ssty now?
$1k invested in ssty at .002 gets you 500k shares plus 25k shares of ontv, a total of $9500 value including the restricted shares of ontv. If they only buy ontv and spend 1k, they only get 2941 shares of ontv. Of course the $9500 value includes the $8500 worth of ontv restricted shares providing that ontv holds it's shareprice, it only makes sense to buy more ssty instead of ontv.
In your example that ontv based on ssty's shareprice should only be worth .036, if you buy ssty you would still get 1k worth of ssty and 25k shares of ontv worth $900. So in either scenario you get more buying ssty.
The other factor that may come into play is ssty is still on the grey market, a higher risk stock than ontv which is trading in a higher market and fully reporting.
It will be interesting to see how this plays out after the 30th.
All these good trade reminders make a lot of sense and should be followed by the investor, however when you are dealing with a grey market stock with such potential all the good investment advice cannot give you the right answer on whether or not to invest, average down or sell. It really all depends on the particular company and what they have going.
I just dont like your attitude at al maniac so don't even respond to me.
Nobody cares about the business of ontv, ssty only bought the shell. It makes no sense in bashing the business of the shell company because it will be sold for a dime. It is the otcbb listing and the clean record they have. You guys just don't get it.
Don't make stock decisions based on what stk maniac tells you!!!
Have a great Saint Patricks day Maniac!
Suretrace Security Products and Applications
Sure Trace Security Corporation is in the business of bringing advanced security technologies and solutions to the global marketplace.
Through marrying chemical and biometric engineering, and advanced scanning technology with proven security procedures and asset solutions, Sure Trace is positioned to become the global provider of security systems, services and products.
Our Vision
Our vision is to become the world leader in the provision of anti-counterfeiting, brand and product authentication, and security products and services.
OUR PRODUCTS
Our marking process involves the application of a combination of inorganic elements. These elements penetrate the surface of an object and a molecular bond is formed. The method of application can vary depending on the item to be marked. The coded elements may be placed on an object using a colorless carrier rendering them invisible to the human eye, or can include a fluorescent element so they glow under UV light. The specific ratios of elements that make up the synthetic DNA create a unique identity code for a specific client, or a specific product, division, or product run within the client's area of concern. The number of potential mix ratios or identity codes is in the billions.
Depending on the surface structure, between 75-80% of the chemical penetrates and bonds with the item's molecular structure. Once the SDNA has entered the item, its removal, whether by chemical solvent or abrasion, is extremely difficult. Total removal of the SDNA that has penetrated the item is impossible without destruction of the marked item. We have tested and proven our capability to introduce a synthetic DNA into a product during the manufacturing process. This enables us to invisibly attach information about the product via this chemical DNA. SDNA can be applied to industrial parts, garments/apparel, VCR's, jewelry, CD's, sporting goods, and many more products.
This technology works hand-in-hand with our SDNA. Like the common commercial bar code scanner, our wireless hand-held analyzer is used to identify the synthetic DNA codes and present specific information associated with the marking. This analysis can identify, for example, the legitimate owner of the marked item, the production run it came from, or whether the product is genuine, or a counterfeit or contraband product.
Each of the atomic elements present in a product produces a unique set of characteristic x-rays that is a 'fingerprint' for that specific element. Our analyzer determines the chemistry of a sample by measuring the spectrum of these x-rays emitted by the different elements in the product when it is illuminated by high-energy photons (x-rays or gamma rays). When a product is measured via our XRF scanners, each element present in the product emits its own unique fluorescent x-ray energy spectrum. By inducing and measuring a wide spectrum of the range of different characteristic fluorescent x-rays emitted by the different elements in the product, our hand-held XRF analyzers can rapidly determine the elements present in the product and their relative concentrations - in other words, the 'fingerprint' of the product.
I.D.ology's Document Security Program works to help private-sector organizations mark and verify critical documents such as security and bond certificates, legal contracts, corporate ID cards, etc. Public-sector applications include National ID cards, passports, and currency. Our SDNA and hand-held scanners offer immediate and absolute verification of original documents. The SNDA can be applied either post-production or during the production process where it is incorporated directly into the ink or paper.
Our Document Security Program is divided into two phases. The first is the investigative and development phase whereby the ideal application of the SDNA is determined. Third party testing is provided to ensure that no toxicity is introduced to the documents, that our SDNA is compatible and won't denature the ink or paper, and that sufficient amounts of SDNA will be present to ensure an absolute read from the hand-held scanners. Threat/Risk Assessments can be provided to those clients who are unfamiliar with how to safeguard, store and handle security products.
Upon completion of Phase 1, the customer is presented with a Production Plan detailing how our SDNA will be integrated into the document production process and where on the document the mark is to be placed. It includes third party test results and the complete implementation strategy, including the provision and training of field inspectors for the hand-held scanners. There is a sign-off portion for the client to contractually commit to the full implementation of the Production Plan (Phase Two).
Hand-held scanners are sold to field inspectors. For security purposes, the field inspector changes from application to application. For example, in private-sector applications where a corporation uses our product to mark employee security passes, the security guard personnel would be the field inspector; for marked bond or stock certificates, it may be their transfer agent.
In public-sector applications, the field inspector would also change based on the application. For example, if Passports are the marked documents, Customs and Immigration officers would use the hand-held scanners to spot-check passports for authenticity. In the case of currency, the central bank and commercial banks would use the scanners to authenticate questionable notes.
In all cases, I.D.ology provides all the necessary training and support to the field investigators to ensure the proper use of the hand-held scanners.
Our turn-key process takes the client from beginning through to the field authentication of their products step-by-step. We integrate our SDNA into the production process with as little interruption as possible, and ensuring its integration through third party verification of toxicity, compatibility and durability. These Medical Safety Data Sheets (MSDS) are provided to the client as part of our production plan, to assure them that our SDNA will not adversely affect their product or packaging quality or their customers' enjoyment of the product.
Phase One of our process is the investigative and development phase whereby the ideal application of the SDNA is determined. This process culminates in the presentation of a Production Plan. During this initial process, our chemists and production staff work with the client to determine where, how and when to introduce our SDNA into their production processes. We use samples of the client's product, applying SDNA and performing a series of tests to ensure that it can be read by our field scanners with absolute accuracy. I.D.ology offers a Threat/Risk Assessment service to assist our clients in protecting the integrity of those assets which are secure in nature and require special 'confidential' treatment in their handling, storage and awareness.
At this point, a Production Plan is presented to the client. The Production Plan includes a comprehensive outline of how the field/audit investigation program will be implemented. This portion of the plan describes how traditional sources of tips, such as field sales reps, distribution chain intelligence reports, customer feedback, and secret shoppers, will be incorporated into the program to trigger in-depth investigation by the client's security firm.
The Production Plan also outlines our pro-active audit of product in the retail chain, providing another source of counterfeit or contraband leads. This document details the procedures and policies for when these leads trigger an investigation by the security provider, outlining what action is to be taken when the investigator uncovers counterfeit/contraband product, and guidelines on how, and to what degree, the investigation should proceed.
Using highly qualified independent security investigators provides the critical Chain of Custody and Chain of Evidence needed when the client chooses to pursue civil or criminal proceedings against a counterfeit dealer or distributor.
I.D.ology's Loss Prevention Program is a complete solution to help our clients reduce and eliminate theft by employees and/or subcontractors. Our program includes perforated labels, similar to those used on automobile license plates, and our SDNA with fluorescence added to allow for immediate field verification of the asset. It also includes a complete array of education and awareness brochures and demonstrations to assist our clients in communicating their loss-prevention program to their employee community.
Our label is affixed to the asset, with the SDNA applied over top of the label. The chemical permeates the label through the perforations, bonding molecularly with the asset. Even if the label is forcibly removed, and the area beneath sanded, heated, or subjected to an acid bath, our SDNA remains intact, ensuring that it remains in place indefinitely for laboratory testing. It is worth noting that awareness of the program and the power of the fluorescent SDNA proves to be enough of a deterrent that our clients rarely need to use laboratory testing to prove ownership.
On average, our clients have experienced a drop in employee-related theft of 50%-80%, and in some cases, theft has been reduced by as much as 90%!
An effective and ongoing educational program is the foundation of all successful asset protection programs. It is important that all employees, management staff, contractors and their employees, as well as visitors, be included in this program. The educational component should impart all corporate policies, their objectives, the technologies used, specifics on how each technology works, and how the program mutually benefits the organization and its employees, supervisors, management and asset protection staff.
I.D.ology works with your staff to develop the curriculum for each group mentioned. We are also committed to assist your organization in its efforts to publish in the following formats, noting that education can take many forms dependent on the audience. These can include:
• Classroom lectures
• Brochure and handout memorandums
• Video tape presentations
• Power point presentations
• Interactive company website
On completion of Phase One, the Production Plan is presented to the client, which becomes our agreement to proceed with the delivery of our products and services as defined within the document. The client's approval signature on the Production Plan contractually permits us to begin the full implementation of our Anti-Counterfeit Program (Phase Two), setting in motion the full production of the SDNA, and scheduling the delivery of the products and services described in the document.
The objective of I.D.ology's Threat/Risk Assessment services is to assist our clients in protecting the integrity of those activities and assets which are secure in nature and require special 'confidential' treatment in their handling, storage and awareness.
I.D.ology can provide a comprehensive security threat/risk assessment that helps our clients understand the various policies and procedures to be considered when implementing our security product into their product production. Assessment areas include:
• All sensitive information is properly designated, classified, and secured
• Secure storage site survey, including access control, surveillance, personnel security checks, etc.
• Records maintenance, including video and entry/exit information and data storage, etc.
• Security breech protocols and procedures - overall security protocols and procedures
• Identification and listing of important assets
• Security designations and/or clearances for employees and contractors with sensitive duties and positions
• Clearly indicate security requirements for work performed under contract
• Continuous review of security in regard to data and assets visa vie threats and risks.
In order to develop evidentiary material acceptable to district prosecutors charged with the responsibility of bringing counterfeiters to justice, or for use in civil litigation, the gathering and documenting of evidence must be accomplished by either law enforcement personnel or licensed investigators. I.D.ology works with a number of investigative service providers, to supply training and certification on our scanner-analyzers and to integrate their activities with our programs.
The owner of the asset works directly with their own security firm to develop a complete field investigation plan. This investigation plan traces the counterfeit source to the counterfeit producers and helps advance the investigation through the court system. When suspected counterfeit sales locations are identified through the brand owner, sales force, dealers, distributors, or I.D.ology's Field Auditors, the security official establishes an investigation plan with their investigative security provider. The brand owner's investigative services force will use the same portable scanner used by our Field Auditors, allowing them to confirm suspicions immediately, rather than waiting weeks for laboratory findings.
By making it possible to confirm counterfeit or contraband materials on the spot, our scanner gives the investigator the critical ability to react immediately, initiating surveillance, establishing rapport with the suspect, or buying out the remaining inventory to trigger a reorder of counterfeit/contraband product, thereby providing an investigative path to move closer to the counterfeit production source.
Authenticating documents in the field requires a comprehensive approach to marking and auditing documents. It begins with a well thought out marking plan that identifies where on the document the Synthetic DNA is to be applied. Proper documentation of all marked items and the use of the powerful scanner-analyzer in the field allows for immediate authentication of documents at a variety of client-established checkpoints. We develop a field authentication program with our clients to train the necessary field personnel in the proper use of the scanner. This ensures positive identification every time.
The field auditor will change based upon the application. Potential auditors in the private sector might be:
• Stock and Bond Certificates - Transfer Agent
• Legal Contracts - Corporate Counsel
• I.D. Cards - Security Personnel
Potential auditors in the public sector might be:
• Passports and National I.D. Cards - Customs and Immigration personnel
• Paper Currency - Bank personnel
• Bills of Lading - Port Authorities or Private Security
Authenticating corporate assets in the field requires a comprehensive approach to marking and checking of assets. It begins with a well thought out marking plan that identifies which assets are to be labeled and marked, and where on each asset the label and Synthetic DNA is to be applied. Proper documentation of all marked items and the use of the powerful scanner quickly identifies products as they enter and exit corporate facilities. Our Loss Prevention program augments our SDNA with a color fluorescence that reflects an easily identifiable color when exposed to UV light. I.D.ology provides high-powered UV lights that are effective in triggering fluorescence from marked items from a distance of several feet.
Should an asset be found to be in the possession of someone who should not have it, laboratory analysis can further identify the unique SDNA code embedded into the item, providing the rightful owner of the asset with irrefutable evidence when prosecuting theft.
I.D.ology employs, on a subcontract basis, security personnel as Field Auditors. Their only role is to uncover counterfeit/contraband evidence in the field. Using I.D.ology's Field Auditor services, brand owners can substantially reduce many of the out-of-pocket costs previously associated with the Secret Shopper model.
Our Field Auditors use our portable scanning technology to determine authenticity in the field, thereby eliminating the need to ship products to the laboratory for verification, and doing away with shipping and laboratory costs. In many cases, it is possible to return authentic products for refund, which will reduce out-of-pocket expenses even further. Our Field Auditor model eliminates blind shopping and significantly reduces non-labor expenses.
Our Field Auditors maintain a level of experience comparable to law enforcement or military personnel. They are not uniformed, are bonded, and report to area supervisors that are licensed investigators. Area supervisors confirm and report to the brand owner all instances of counterfeit/contraband found by the Field Auditor. The responsibilities of the Field Auditor are limited to stimuli development and they are not involved in any follow-up investigations, which is the responsibility of the brand owner's investigative services provider.
Benefits of Licensing
• Payment of license rights and annual administration fee easily recoverable from possible sub-licensing and royalties
• Increased market penetration
• Market expansion through sub-licensing
• Introduction of new products into established licensee's group
• Protected specific licensed markets
• Protected specific licensed territories
• Potential cross-marketing between licensees in one market with another in a different market
For more information about becoming a licensee, please fill out this form
License Information Request
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First Name:
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Frequently asked questions
Q: What can the product be applied to?
A: We can incorporate our technology in virtually any product or material, including metals, plastics, ink, etc.
Q: How is my code different than the next one?
A: The technology has been referred to as a synthetic DNA because of the number of codes that can be reproduced.
Q: Can the technology be incorporated directly into packaging materials?
A: Yes.
Q: Is the tag visible?
A: Most of our clients prefer the invisible tags, and some implement both covert and overt tags.
Q: If it’s invisible, how does anyone know it’s tagged?
A: During the implementation process, we attach WARNING labels to each asset that is tagged, and large WARNING signs are posted on the premises. We also implement an awareness program.
Q: How do we inform our employees of the program?
A: During our consultation process we will identify the best methods for the implementation of the awareness program. We may use one or more of the following: Power Point presentations, brochures, posters, newsletters, demonstrations, etc.
Q: What kind of information can you attach to a tag?
A: There are various customizable fields of information available to each item tag, such as 'Manufacture:', 'Warranty:', 'Buyer:', 'Order No.:', etc. The instrument can also be linked to a database, providing unlimited information.
Q: How is the product applied in asset protection?
A: For Asset Protection, the product is very similar to a drop of water. It can be applied using a brush, roller, stamp, pen, etc.
Q: How is the product applied in product authentication?
A: Our product can often be implemented into an existing phase of production, keeping implementation costs low.
Q: What is the cost to implement the technology?
A: The technology is the most cost effective technology currently available for asset protection. Depending on volume, the cost can be as low as pennies per application.
Q: What kind of track record does the technology have?
A: Our technology has been used for over 14 years by many major corporations. Many of our clients reported reduced losses of up to 90%! Program costs have been recovered in as little as 3 weeks.
Q: What about detection?
A: Once the asset protection program is in place, security or management personnel can quickly and easily identify market items by using I.D.ology's special detection equipment.
Q: Is it possible to have custom applications?
A: I.D.ology will consult with management to create a program unique to the client. In one way or another, nearly all of our programs are customized.
Q: Does the I.D. ology program enhance employee relations?
A: Yes, we have many companies that report an improved workplace environment as a result of taking steps to protect corporate assets.
The Market
I.D. theft has been identified as the world's faster growing crime. According to 2 studies done in July 2003, approximately 7 million people in the US became victims of identity theft in the previous 12 months. The incidence of victimization increased 80% between 2002 and 2003. The estimated cost in time and money to correct identity theft in the US was over $52 Billion and over 297 Million hours in 2003 alone.
Identity theft is more common that one might think. The most common identity theft victims had new accounts fraudulently opened in their names, misuse of their existing credit cards or credit card numbers, or misuse of other types of accounts. Fraudulent access to drivers' licenses, passports, and other identification documents is another common type of identity theft.
Passport Fraud:
...As the world we live in becomes more and more 'global', criminals - just like legitimate business people - are looking abroad to extend their trade. Since criminals need ID papers to cross international borders and they generally travel under a false identity, passport fraud is an increasingly widespread problem...
- The British Council © 2003
Currency counterfeiting is one of the oldest crimes in history. In earlier times, coins were exclusively counterfeited. This changed when banknotes were first introduced, in the middle of the 19 th century. This forced governments to act in response to this new trend. For instance, the US Secret Service was founded in 1865 to suppress counterfeiting.Counterfeiting has been substantially reduced since the establishment of special law enforcement units designed to fight against this crime in all major economies. However, with computer technology and modern photographic and printing devices making the production of counterfeit money relatively easy, this crime continues to represent a potential danger to a country's economy and a source of financial loss to its citizens. Governments continue to try to stay one step ahead of the criminals by implementing new security features with the production of their currencies that are difficult for counterfeiters to reproduce. These include such things as watermarks, security threads, and color-shifting ink. But the counterfeiters often do not even bother to try to reproduce notes with these features, instead gambling that the cash-handlers and the public will not check their money.
Currency Counterfeiting:
...Today, counterfeiting once again is on the rise. One reason for this is the ease and speed with which large quantities of counterfeit currency can be produced using modern photographic and printing equipment...
- United States Secret Service
One of the fastest growing economic crimes, intellectual property abuse and counterfeiting is costing companies around the world a staggering $200billion - $400billion per year. Research and investigations have linked counterfeit products with a number of criminal and terrorist organizations around the world, including Hezbollah, Al-Qaeda, the Mafia, Triads, and drug cartels, to name a few. Piracy and counterfeiting is highly profitable for these and other groups, providing funding for them to expand their criminal activities. Intellectual property abuse damages economies and stifles innovation and creativity.
Product and brand counterfeiting is much more than the knock-off 'Rolex' watches, pirated videos, etc. Extremely vulnerable products at this moment include pharmaceuticals, clothing, and computer software. Counterfeit goods also include auto and aircraft parts, baby formula, cosmetics, medical devices - in fact, nearly anything.
The cost of counterfeit products and brands include safety, jobs, tax avoidance and business losses. Airliners and helicopters containing counterfeit components have crashed. Counterfeit automobile brake pads have caused deaths, and counterfeit shampoo has caused hair loss. US businesses have lost an estimated $200billion per year, according to the Department of Commerce. 'Replica' auto parts cost the US auto industry approximately 210,000 jobs. Many counterfeiters pay only a fraction of their true income tax liability, if they pay any at all - which is, of course, made up by the rest of us.
The Cost of Counterfeiting:
...A major perfume designer had to abandon a very successful line of perfume because it had been counterfeited with a dramatically inferior product. Unwary customers who thought they bought the real product complained to the designer of skin rashes and rancid odors from 4 week old products...
...A Norwegian plane crash in 1989 that killed 55 people resulted, in part, from substandard shear bolts and sleeves of an unknown origin..In 1987, 7 children died when a bus they were riding in flipped over. The brakes that were just installed on the bus bore a well-known trademark. Further examination, however, showed they were made of sawdust...
...The World Health Organization (WH)) estimates that counterfeit drugs account for ten percent of all pharmaceuticals. That number can rise to as high as 60% in developing countries. According to WHO, 16% of counterfeit drugs contain the wrong ingredients, 17% contain incorrect amounts of the proper ingredients and 60% have no active ingredients whatsoever...
- International Anti-Counterfeiting Coalition
Anytime an employer issues, or makes available, assets to its employees, it will inevitably experience some degree of theft. Some statistics suggest that as many as 85% of all employees will steal from their employer. In most cases, this amounts to paperclips or pencils, but it is common for tools and portable electronic devices to be taken without authorization.
The Association of Fraud Examiners states that employee theft costs most organizations approximately $9 per employee per day, or $2400 per year for every employee! These losses are passed on to the consumer through increased product and service costs.
Employee Theft:
...The average organization loses about 6% of its total annual revenues to fraud and abuse committed by its own employees...
International Anti-Counterfeiting Coalition
A New Type of Property Insurance becomes Available
On the afternoon of 1 st Nov. 2005, Mr. James R. Mackay, Chairman of SSTY, Mr. Li Ning, President of True Product ID (TPID) Co. Ltd., and Mr. Zhang Jianyong, Vice President of TPID Co. Ltd. had a meeting with the following:
Mrs. Zhang Aimin, the General Manager of Hua Tai Insurance (HTI) Co. Ltd., Ms. Yu Li, chief of Commercial Underwriting Department of HTI, Ms. Song Lifang, chief of Business Insurance Department of HTI, Mr. Wang Hong, Risk Engineer of Commercial Underwriting Department of HTI, and Ms. Wang Wen, Manager of the 5 th Business Department of HTI.
A meeting took place concerning the issues of the procurement of insurance for TPID from HTI, and the cooperation between these two companies through applying the S-DNA technology exclusively possessed by TPID to the Property Insurance and the Product Insurance of HTI.
Product Authentication Reliability Insurance has been being very popular in foreign countries, but this type of insurance is not broadly available to the public in China, though many insurance companies are very eager to try and sell it, especially because of the limitation of current identification technologies.
With brand counterfeiting becoming more serious in China day by day, the S-DNA technology can ensure the authenticity of products. This technology, the most advanced identification technology in the world, is owned and put forward by TPID. During the meeting, the two sides agreed that if the new type of insurance could be practically applied, the Chinese Insurance Industry would be improve a lot, and this would have a profound effect on all aspects of industry.
Further, Mr. Li introduced the important effects of the specific applications for Object Insurance Identification, and Property Insurance Responsibility Identification. The example he gave was the case of Automobile Insurance: Traditionally, compensation from Automobile Insurance only depends on empirical assessment for the condition of a specific car, rather than using advanced technologies to do the assessment. Actually, one of the reasons for many cars to have problems, such as brake malfunctions, tire blowouts, etc, is that the drivers have used counterfeit products. Theoretically, according to relative regulations of Insurance companies, it would be unnecessary for an Insurance company to compensate the policyholders, who caused problems themselves by using counterfeit products. However, the importance lies on how to effectively, duly, and justly find out the direct causes of accidents. For example, find out whether the accidents are caused by using counterfeit fittings or products. TPID has the technology to do this, which can solve the complex technological problems caused by Responsibility Identification and Brand Identification. Using the S-DNA technology exclusively owned by TPID will make insurance companies be able to decrease and perhaps eliminate instances of unnecessarily compensating money. This will not only create a huge profit, but will make insurance companies much stronger and so more able to pay in genuine cases. Having heard Mr. Li’s remarks, the participants of HTI indicated that they would seriously consider Mr. Li’s suggestions, and they would design and discuss relative business and political questions on the issuance of the new type of insurance in China. The representatives of TPID indicated that if the people involved in the insurance industry would like to develop the new type of insurance, and are very clear about the great social influence and remarkable profit it will bring, TPID will be pleased to provide the most advanced Identification technology for product identity and strong technology support for the development and successful implementation of the new insurance type.
The Demonstration of True Product ID Security Authentication and Management in the Great Hall of the People is a Great Success
This autumn, Sure Trace Technology (Beijing) Limited ceremoniously held a Demonstration of True Product ID Security Authentication and Management in The Great Hall of the People, which is connected to the People's Congress in Tiananmen Square, on the afternoon of October 31st, 2005. In the demonstration, Sure Trace Technology (Beijing) Limited introduced their technologies to the relevant national departments, enterprises and institutions, and the media, etc, through a field technology demonstration. The demonstration played a strategically significant role in promoting the application and popularization of this world-leading technology, namely the Authentication and Management of Identity Security.
The more than 70 people attended the demonstration, including: more than 20 leaders of the Security Guard Department of the most important National Divisions, the leaders from The Customs General Administration of PRC, Division of Security of the Chinese People's Political Consultative Conference (CPPCC), China Banking Regulatory Commission, the head office of People's Bank of China, Agricultural Bank of China, the National Energy Conservation and Development Office, China Mobile, China Unicom, Tianjing International Trade Corporation, Everbright Investing Management Limited, The parent company of China Metallurgic Mining Corporation, Beijing ZhuDe International Business Consultation Corporation, HuaSheng Logistics Corporation, Zhongcheng Satellite Technology Center Co., Ltd., etc., the journalists of XinHua News Agency, People's Daily, GuangMing Daily, Legal Daily, Economic Information Daily, Sci-Tech Daily.
The attendance of so many leaders and managers sufficiently shows their faith and eagerness to intensify the security, anti-counterfeit, effective anti-terrorism and the development of their business, through the use of the technology business of Sure Trace Technology (Beijing) Limited. James Mackay, the chairman of the board of directors of SSTY, William Chan, the CEO of Sure Trace Technology (HK) Limited, Li Ning, the president of Sure Trace Technology (Beijing) Limited made the speech; Zeng Yi, the general manager of Sure Trace Technology (Beijing) Limited, and Zuo Lie, the vice general manager of Sure Trace Technology (Beijing) Limited introduced two of True Product ID's technologies, S-DNA and Biometrics, as well as give a field demonstration of their application. The high performance and amazing effects of these two world-leading technologies deeply impressed all the guests. During the demonstration, all the guests and leaders paid great attention to the new technologies; and they believe that it will make the security guard much more effective and play a more significant role if the technologies can be used in the highest national security guard divisions and the security system of the People's Congress Meetings and People's Political Consultation Meetings. The success of this demonstration will promote the application and popularization of the technologies, making the product become the most powerful weapon for the security guard, effective anti-counterfeit and anti-terrorism.
Sure True Technology (Beijing) Limited & EDU INC. Became Strategic Cooperation Partners
On Oct. 27th 2005 the Chairman of the Board of EDU INC. Wilson Chan, together with his colleagues met with the top managers of Sure Trace Technology (Beijing) Limited at the conference room of our company. In the meeting, both parties agreed that they would combine their technologies and resources advantages to promote the “Great China Region Logistics Business Plan” which aims to provide comprehensive logistics and superior quality services for the clients. For this reason, both parties have entered into a close strategic cooperation to negotiate and communicate, and signed a strategic cooperation agreement.
EDU INC. was founded in "BVI" (British Virgin Islands) as a modern Logistics management company. The EDU services include the line business of semi-products and materials, products across industries from starting-point to end point, whilst providing related information, effectively running the whole process. EDU is not simply providing cargos transportation, but covering the whole process of commodities distribution, including transportation of semi-products and materials before manufacturing and the storage of goods before sale. They also perform an extra function, logistics procedure planning, which has never been provided to commodity manufacturers and distributors by the traditional transportation industry in past. At present, it includes China Railway Parcel Express Co., Ltd which covers the railways across the whole of China, Zongheng Liantong International Logistics Co., Ltd. which occupies 80% of the aviation cargo in China, China Changjiang National Shipping (Group) Cooperation which occupies 60% of the Changjiang River post cargo, Shanghai HongDa Wuliu Co., Ltd. which is the one of the top ten synthesis logistics enterprises. Many other large scale logistics enterprises are now successively participating in the logistic synthetic services platform .This platform is provided by the Great China region logistics management plan, which was established by EDU .The aforementioned companies signed the strategic cooperation agreements.
Sure Trace Technology (Beijing) Limited possess the best technologies of their kind in the world, such as Synthetic DNA, GEOTRACK, IDOLOGY, BIOMETRICS, etc., which can be widely applied in various fields of the social economy, playing important roles in product logistics, the authentication of product property, the anti-counterfeit of various goods exchange notes, anti-loss of assets, maintaining brand authentication, responsibility tracing, etc. Its next generation GEOTRACK technology, which combines GPS, GPRS and GMS, can play a significant role in the management and service of logistics through transport.
The estimation of the scale of the third party logistics market of China by the International Monetary Fund(IMF) is about 20 billion dollars. This number is increasing, it will reportedly reach at least 1.335 trillion Yuan RMB in the future. In order to greatly reduce the logistics cost effectively, improve the security and accuracy of the logistic goods, and advance the competitive ability of Chinese brand products across the world, both parties agree to set up the strategic cooperation in the fields of establishing logistic synthetic services platform provided by the Great China region logistics management plan, by providing high-quality services, etc. EDU INC. will apply the technologies of TPID to the Service Platform. Through mutual strategic cooperation on financing, operation and implementation, TPID will provide technological help to more effectively solve the relative problems of the secure operation of the material circulation, and EDU INC will actively promote the broad application of the technologies of TPID on the Service Platform, provide better supply chain logistics services, and so contribute to the healthy development of the national income of China.
News articles
The New Anti-counterfeit Security Technology Presented in Beijing
Beijing-Guang Ming News Daily-31 st October 2005
(This article is translated by a certified translator from
True Product ID, original chinese article can be found at
http://www.gmw.cn/01gmrb/2005-11/01/4453_b.htm )
Regarded as “the new anti-counterfeit security technology”, the S-DNA technology presented in Beijing today, which attracts the attention of relative experts and medium.
According to the Joint Venture, True Product ID ( Beijing) Co. Ltd, the S-DNA technology is an advanced international technology, which uses different elemental compositions to do the work of verifying authentication of objects. It is possible to avoid losses caused by counterfeit products and give a real product a special identification by placing the S-DNA solvent in an object during the process of its production or on the surface of the object. Though the mark of the S-DNA technology is invisible, people are able to use a professional and portable scanner to recognize it at their ease. In accordance with the introduction, the number of the code of each elemental composition is so huge that it is impossible for people to duplicate or repeat it. During the demonstration, the scanner could still recognize the mark of the burned paper, which shows that the scanner is able to recognize marks of an object, only if the carrier of the marks exists.
Meanwhile, the new Biometric Identification Fingerprint technology turned up in the demonstration. Compared with other Fingerprint technologies, the new one possesses two strong advantages:
• It uses polymer (plastic) as the media of the fingerprint technology instead of silicon, and it overcomes all the problems caused by using silicon as the media of other fingerprint technologies, such as brittle, expensive, etc;
• It makes bioelectricity and fingerprint become symbols of identification for revolutionarily combining one’s bio-electricity with his or her fingerprint.
The diplex identification method can find out whether the marked person is dead or is being threatened in time. Once the bioelectricity is proved to be abnormal, the original authorization will be automatically cancelled right away, by which the security and the reliability of fingerprint technology are greatly improved.
WESTON, FL, Oct 20, 2005 (MARKET WIRE via COMTEX) -- TheSUBWAY.com announces the following stocks to its Hot Stocks List: Sure Trace Security Corporation (OTC: SSTY), QUALCOMM Incorporated (NASDAQ: QCOM), Intel Corporation (NASDAQ: INTC), Sun Microsystems Inc. (NASDAQ: SUNW).
October 20, 2005
Sure Trace TheSubway.Com Daily Stock Pick (http://thesubway.com/mydefault.asp) for October 20, 2005
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2005%5C10%5C20...
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Peter Antipatis of Capital Research Group Inc.
WESTON, FL, Oct 20, 2005 (MARKET WIRE via COMTEX) -- TheSUBWAY.com announces the following stocks to its Hot Stocks List: Sure Trace Security Corporation (OTC: SSTY), QUALCOMM Incorporated (NASDAQ: QCOM), Intel Corporation (NASDAQ: INTC), Sun Microsystems Inc. (NASDAQ: SUNW).
Sure Trace Security Corporation (OTC: SSTY) announced that True Product ID Technology (Beijing) Limited, formerly Sure Trace Technology (Beijing) Limited, has completed a cooperation agreement with The National Brand Cartel Anti-Counterfeit Cooperation Network -- Brand315.com. Brand315 provides security labels to the top 600 of China's national brands. Their clients cover all areas of consumer goods and collectively their clients distribute substantially into the billions of units of goods. Sure Trace produces integrators for anti-counterfeiting and security surveillance applications and is a provider of integrated tracking devices.
Other stocks highlighted include QUALCOMM Incorporated (NASDAQ: QCOM): Hot Stocks List, up 4% on 19 million shares, Intel Corporation (NASDAQ: INTC): Hot Stocks List, down 1% on 91 million shares, Sun Microsystems Inc. (NASDAQ: SUNW): Hot Stocks List, up 1% on 24 million shares.
"A few disappointing earnings releases and some disparate economic data have done their part to stall the market's advance, and political developments abroad have kept investors cautious. But overall tame inflation numbers, though rising over the past few months, solid growth in the domestic economy, and lower unemployment are buffeting the averages from below." More is available at: http://www.thesubway.
TheSUBWAY.com's Daily Stock Updates:
TheSUBWAY.com, a leader in corporate communications and finance, highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed. For more go to http://www.thesubway.com.
All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.thesubway.com or mentioned herein. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CRG has been compensated ten million shares for SSTY. CRG has sold approximately zero SSTY shares to date. CRG may sell its shares for less than the target price given in this opinion. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
SOURCE: TheSUBWAY.com
Globe Staff Consulting and Sensor Media
Sensor Media
We are Sensor Media Corporation. Every product that we create strives to be environmentally and user friendly. The benefits to you - our customers include products that are safe, reliable, competitively priced and all with outstanding customer service.
Our business and product portfolio includes:
Our solar collection technology product provides a viable energy solution that saves you money. Whether you are a large corporation with multitude of offices/facilities or you're a residential developer looking for alternative energy source, we have a practicable solution for you! Our product is ready for commercialization on a global scale. Licensee opportunities are available.
Environmentally Friendly Energy Now and for Generations to Come Imagine a world where you can produce limitless low-cost energy even when the sky isn't blue.
Imagine no more!
SMC Solar Inc. a division of Sensor Media Corporation has developed a state of the art solar collection system.
By using the sun's energy more efficiently than ever, we can help save our planet's resources and significantly reduce pollution. With SMC Solar Inc., it's easy to do, it saves money and it helps the earth too!
There is nothing else like SMC Solar Inc's. solar collection technology. Solar technologies use the sun's energy and light to provide heat, light, hot water, electricity, and even cooling, for homes, businesses, and industry. Our solar energy collection technology is a renewable energy source. The materials are made from a thin film polymer based solution that uses screen-printing techniques in the manufacturing process. This dramatically reduces raw material costs and allows for mass production in a low cost manufacturing facility resulting the most efficient and cost effective solar system available yet.
The solar collection material is extremely flexible. It can be applied to various frameworks such as Plexiglas, woven fabrics, roofing materials and much more.
Our production method is easily adapted to allow for unique client needs across a broad section of industrial, commercial and residential applications. A single manufacturing line can produce approximately 130 megawatts of sustainable and renewable energy per year.
Every product that we create strives to be environmentally and user friendly. The benefits to you - our customers include products that are safe, reliable, competitively priced and all with outstanding customer service.
Our business & product portfolio includes:
SMC Solar Inc Solar Collection Technology:
• There is nothing else like SMC Solar Inc's. solar collection technology in the world!
• Our solar collection technology product provides a viable energy solution that saves you money. Whether you are a large corporation with multitude of offices/facilities or you're a residential developer looking for alternative energy source, we have a practicable solution for you!
• The materials are made from a thin film polymer based solution that uses screen-printing techniques in the manufacturing process
• The material is extremely flexible. The solar collection material can be applied to various frameworks such as Plexiglas, woven fabrics and roofing materials and much more. It can meet specific industrial and personal use requirements.
• Our product is ready for commercialization on a global scale. Licensee opportunities are available
SMC Biometrics Fingerprint Scanning Technology:
• Our fingerprint scanning technology is truly revolutionary!
• It provides a workable and doable security solution for various applications such as a homeland security division or for a company seeking quality security methods
• Our product is cost effective too. When compared to other types of products we can provide a cost savings of up to 60%.
SMC Biometric has developed a prototype of a fingerprint scanning technology that is truly revolutionary!
Using a modified version of the same thin film technology used for the solar collection technology, SMC Biometric has developed a thin film imager. This is a substantial leap compared to current silicon technology since our product is thin, flexible and can be deposited onto a card (credit card size).
Since the events of 9/11, many governments around the world have been seeking a national identification card. Based on numerous surveys completed by many of these countries, it has become clear that the vast majority of citizens approve of the concept. However, regarding their privacy and personal security, they do not approve of a national database for fingerprint impressions.
Current fingerprint technology requires the use of a central database to store fingerprint images. Whenever the ID card is used a network of computers are accessed to confirm the validity of the print image on a per use basis. The vast majority of those surveyed believe that once such a card is introduced it will quickly become a national medical card, drivers license, credit card, passport, etc. The primary concern is how the central database will be secured as it will receive records from each use of the card in all of its forms.
A significant feature of SMC Biometrics' technology is that it is made out of inexpensive flexible plastic as opposed to silicon, a glass product, which is very expensive. Moreover, SMC's overall technology proposition does not require a national database as the card and security algorithm is completely self-encapsulated. This single feature will reduce the cost of a national ID card by more than 60%.
SMC Biometric expects to launch this exciting product in spring/summer-2005.
Check out the website in early-2005 for additional details.
SMC TV Large Format TV Screens:
• This soon to be available product is groundbreaking… actually "visual" breaking piece of technology!
• We've developed a television back plane (screen) that is made from plastic and high quality electronics. It is ultra thing and lightweight with capabilities of been large format (40 - 200 square inches) in size
• Plus, our product is available for a fraction of the cost compared to plasma TV screens. Depending on the solution, we can offer a cost savings between 50 - 500%
Sensor Media Corporation has a third division, which is SMC TV Inc. SMC TV has created an innovative technology that produces a television back plane (screen) made from plastic and high quality electronics.
The back plane (screen) is made from an imager pixel technology that was initially developed for the fingerprint biometric. However, it can also be used as an alternative to current LCD and upcoming OLED (self-emissive organic light emitting diode) television backplanes. Our product will be produced using a polymer/silicon hybrid.
While still in early stages of development, SMC TV believes that it can offer a substantial improvement in monitor size and price efficiency whether it's an individual customer or a business affiliate. This means that it is less costly to produce and in turn, a significant reduction in costs compared to the current technology of plasma screens, LCD technology, etc.
In addition, SMC TV is poised to deliver an ultra thin and lightweight viewing monitor that can be produced in sizes ranging from 40-200 inches. The product will be available at a fraction of the cost of current comparable technologies.
SMC TV expects to begin licensing this exciting product fall/winter-2005.
Check out this website in early 2005 for additional details on this technology.
Licencees
Home » Licencees
Licensees and Sub-licensees
Environmentally Friendly Energy Now and for Generations to Come!
SMC Solar Inc. is actively marketing its solar collection technology globally.
Are you seeking a viable business opportunity in a state-of-the-art solar energy business? Are you enthusiastic? Team focused? Customer service oriented? Do you have a 'can do' attitude and like working in a fast paced environment?
If this sounds like something that you'd be interested in … then, perhaps Sensor Solar Inc. and our solar collection technology business is something for you!
If you are looking for a viable business opportunity, then, please review the following. If you are serious about learning more, then contact us directly at info@sensormedia.net.
SMC has recently signed its first major licensing agreement with Direct Energy of Houston, Texas USA. Under the licensing agreement, Direct Energy has exclusive rights for the solar collection farms in North America.
Now, we are seeking licensees to resell our state-of-the-art product in the following markets:
• Asia
• Europe
• South America
• Africa
Licensees will manufacture the solar collection product within their region or country. SMC provides training and support for the manufacturing facility.
In addition, subsidiary business opportunities may be viable depending on the volume requirements through smaller sub-licensees pending available production capacity by National Licensees.
Available Market Sectors:
• Industrial & Commercial Construction: airports, warehouses, office buildings, recreational complexes, retail malls and large retail "box" stores
• Land Reclamation: landfills, mining sites water plants, sewage plants including swamps and marshes
• Agriculture: tobacco dryers, meat processing plants, large scale farms and greenhouses
• Transportation: freight, courier companies and fleet vehicles, recreational vehicles
• Marine: cargo freighters, ferries, passenger and cruise ships, personal water craft fleets
• Oil n' Gas: mobile rigs, remote pumping stations, etc.
• Residential Construction: condo complexes, apartment buildings, senior resident villages, etc.
• Electronics Industry: handheld electronics such as, calculators, PDA's, cellular phones, etc.
• Tourism: hotels, recreational complexes, theme parks, etc.
• Military: remote training stations, mobile security units, field hospitals, etc.
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One of my favorite articles
New Technology Hopes to Knock Off the Knock-Offs
Counterfeiting has had an adverse impact on all corners of the CPG market, ranging from high-end items like Rolexes and electronic equipment to far less costly products such as CDs and DVDs. But they are all tied together by one common thread: Knock-offs create an enormous drain on the economy, particularly when they insidiously make their way into the mainstream marketplace.
According to the Washington Anti-Counterfeiting Coalition, counterfeiting costs North American businesses $300 billion annually. Worldwide, the problem carries a $1 trillion annual tag. A new technology offered by Philadelphia-based Sure Trace Security Corporation has the company positioned to become a leading global provider of security systems, services and products.
One of the largest areas for the origination of counterfeit goods is Asia. Sure Trace has recently concentrated its efforts on working with the Chinese government to ensure that the products manufactured and imported from the world’s largest market are, in fact, authentic.
According to Michael Cimino, president and vice chairman of the company, the willingness of the Chinese to actively join the struggle against the counterfeiters is directly proportionate to their desire to join the World Trade Organization.
While a stroll down virtually any street in Manhattan – or a visit to most flea markets in Anytown, USA – will turn up dozens, if not hundreds, of knock-off items. One of the more publicized events occurred in 2000, when Adidas filed suit against Wal-Mart, alleging that the world’s largest retailer had been selling knock-off Adidas and Nike t-shirts at its Sam's Club stores. Similar claims had been made by other designer brands such as Tommy Hilfiger, Polo (by Ralph Lauren) and Nautica.
In order to protect against the scourge of knock-offs, Sure Trace and its wholly owned subsidiary, I.D.ology Laboratories Inc., have developed a process of tagging items with a specialized ink that contains codes able to trace the product each step of the way in the production and distribution chain.
The process, which results in a product called "SDNA" (synthetic DNA), was originally developed to track plutonium rods in the nuclear industry. It creates ink that not only contains coding unique to that product, it also is as indestructible as kryptonite.
The development of SDNA involves the application of a combination of inorganic elements, which penetrate the surface of an object (except for diamonds or cut glass) to form a molecular bond which is impossible to remove. The method of application can vary, depending on the item to be marked. The coded elements may be placed on an object using a colorless carrier rendering them invisible to the human eye, or can include a fluorescent element so they glow under ultraviolet light. SDNA can be applied to industrial parts, garments and apparel, VCRs and other electronic products, jewelry, CDs and DVDs, sporting goods, and many more products.
With the 2008 Summer Olympics coming to Beijing, Sure Trace may have an effective and high profile test with applications including marking the tickets as well as all the other "official" Olympic merchandise.
Current applications, events, contracts and upcoming events
SSTY Delivers First Shipment of Labels for Brand315.com During the China Trademark Festival; Releases Video Update to Shareholders. (We should be hearing about the results of this test most likely after the new CEO takes over.)
SSTY Announces Plans for New Venture with Affiliate of China's Ministry of Industry and Commerce; Venture to Have Ability to Police Consumer Counterfeit Products Including Authority to Search and Seize. (Again more information will be forthcoming after the new CEO takes over.)
Sure Trace Security Corporation Announces New Contract in China for JV
In the transaction TPiD will provide its S-DNA technology to a major Chinese automotive parts distributor whose largest export client is General Motors. (This is in my opinion just the beginning of the application of s-dna in the auto parts industry, not only in China but worldwide.)
Sure Trace Security Corporation Announces New Contract in China for JV
In the transaction TPiD will provide its S-DNA technology to the Palace Museum of China to mark the items in its collections. Chairman James MacKay stated: "This contract again shows the wide range of items that can be tagged and protected from fraud ... from labels to precious antiques. (What a great statement for our product that the Chinese Government has approved it for use on it’s most treasured pieces of artwork and artifacts. This contract speaks volumes as to how the Chinese Government views our company and its products.)
SSTY Opens Joint Offices With Affiliate of China's Ministry of Industry and Commerce. Feb 07, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (OTC: SSTY) previously announced that its joint venture partner, True Product ID Technology (Beijing) Limited ("TPiD"), a joint venture of its 85% subsidiary, True Product ID Technology Limited, and Beijing Suneray Zexin Technology Limited, has signed a cooperation agreement with the China Consumer Journal which is a subsidiary company of the Ministry of Industry and Commerce.
Through the cooperation with the China Consumer Journal, which also produces anti-counterfeiting labels similar to Brand315, TPiD will work with the Ministry of Industry and Commerce to provide them with SSTY's scanning and KMACK technologies.
Under that agreement, SSTY is to provide its proprietary solutions for loss prevention and anti-counterfeiting purposes across an entire spectrum of products and goods. Now the 315 System has said that it also plans to use TPiD's technology to enhance other anti-counterfeiting technologies themselves ... not just goods and services.
SSTY Chairman James MacKay stated, "Our technology will now be used by the 315 System to provide individualized and integrated anti-counterfeiting solutions to different industries and products possessing different anti- counterfeiting technologies, including digital, holograms and fabrics/textiles ... in addition to our own S-DNA technologies."
TPiD and the China Consumer Journal have established a working group, in which each of the two parties will assign staff to work jointly on the projects and those offices have been set up inside the China Consumer Journal's offices.
(This piece of news is so much bigger than most people realize. The China Consumer Journal is bigger than Brand 315 and controls most of the brand supervision and protection and police the entire spectrum of IPR for the Government of China.) Also as you can see they love our kmack system and will use it in their offices as well as many other applications throughout China.)
SSTY Announces Deal to Acquire NASDAQ Bulletin Board Company
Feb 10, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (OTC: SSTY) today announced that it has signed an agreement to acquire the controlling interest in a company presently trading on the NASDAQ OTC Bulletin Board.
The agreement calls for the acquired company to be renamed True Product ID-US ("TPiD-US"). TPiD-US shall be granted, at closing, a Master License from SSTY to conduct all marketing and administrative rights, duties, responsibilities and obligations presently held by SSTY and its subsidiaries (except for those granted/reserved to SSTY or other parties prior to closing), including the rights, duties, responsibilities and obligations for the company's activities in China and the rest of the world.
SSTY will receive all but between 5 to 10% the shares of TPiD-US in exchange for cash consideration. TPiD-US, as a consequence of the transaction, will become a subsidiary of SSTY. SSTY's board intends to then approve the spin-off of TPiD-US through the dividend of 100% of the SSTY shares of TPiD-US to all shareholders of SSTY. The dividend will be payable on a record date to be determined by the SSTY board. Fractional shares of TPiD- US common stock will not be issued and any SSTY shareholder entitled to receive a fractional share will instead receive a cash payment. The shares issued to SSTY shareholders shall be restricted. SSTY shareholders will retain their present shares in SSTY.
The dividend has been structured to qualify as a tax-free stock dividend to SSTY stockholders for U.S. federal income tax purposes. Cash received in lieu of fractional shares, however, will be taxable.
Shortly after the dividend record date, SSTY will mail an information statement to its stockholders of record as of the close of business on the record date. The information statement will include information regarding the dividend and the business and management of TPiD-US following the distribution. In addition, SSTY and TPiD-US intend to file important information related to the spin-off, including this release, with the Securities and Exchange Commission on Form 8-K.
Closing is anticipated to be March 16, 2006 but may be moved in advance or back upon mutual agreement of the parties.
The terms of the Master License to be granted to TPiD-US will call for TPiD-US to pay a monthly minimum payment to SSTY in addition to a five percent (5%) royalty of the gross revenues received by TPiD-US under the worldwide license.
"We hope to follow this template (that is, a monthly minimum will be paid to SSTY and shares in the public company will be delivered to SSTY's then- present shareholder base) with at least one other subsidiary of SSTY, Globe Staff," said James Mackay, SSTY Chairman, although he cautioned that no specific plans exist for Globe Staff at this time.
Michael Cimino, SSTY President, said: "This arrangement will allow SSTY shareholders to hold, in addition to their shares in SSTY, shares in the acquired company, for which there will be publicly disclosed bids and asks, as well as the other features of the OTCBB. The arrangement will also provide a potential source of regular income to SSTY. We foresee no further need to raise additional funds for SSTY, which would eliminate further dilution of SSTY stock. In addition, it transfers the funding burden from SSTY to TPiD-US and Globe Staff respectively, along with the responsibility for their operations." He continued: "This new company will have new management, with specific experience in building global companies and their worldwide operation systems. Our plans are to have that management in place prior to the closing date on the acquisition."
SSTY Announces Record Date for Shareholders to Qualify for Dividend Shares; Also Announces Press Conference to Introduce TPID President/CEO
BEIJING and PHILADELPHIA, March 10, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (OTC: SSTY) today announced that its Board of Directors has set the date for shareholders to qualify to receive the dividend shares in the planned spin-off of its soon-to-be-acquired subsidiary, which will be named True Product ID, Inc. SSTY had previously announced on February 10, 2006 that it had signed an agreement to acquire the controlling interest in a company presently trading on the NASDAQ OTC Bulletin Board.
The Record Date is set for after the close of trading Wednesday, March 15, 2006.
Folks I have done a lot of research on this company and this part shows the products, applications, the acceptance by the Chinese Government and finishes with current events and events that will come in the next week. I would like to speculate about what I think the new CEO and new management team will do with our products and technology, however I will not speculate at this time. The proof is in the products, the progress the company has made over the past 11 months and now we are being taken to a new level with a new CEO that will take this company to worldwide acceptance.
I believe we have China in the bag and although this is very huge, it is only the tip of the iceberg. Hold on to your shares and hold on to the seat of your pants because we are in for a heck of a ride. I want to congratulate all longs that stuck this out with the cliff hanger it has been, hopefully our white knuckles will return to their regular color soon. LOL.
Thanks, John C.
Sure Trace Security
Part 3
I ended up part two of this project with the August 3rd temporary trading suspension and stated that in part three I would give my opinions on why we got halted and said I would continue with part three with an outline of the stunning progress the company has made since August 3rd, 2005.
Here is a copy of the Order of suspension of trading from the SEC.
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
August 3, 2005
________________________
:
In the Matter of:
Sure Trace Security:
Corporation : ORDER OF SUSPENSION
: OF TRADING
File No. 500-1 :
________________________:
It appears to the Securities and Exchange Commission (“Commission”) that there is a lack of current and accurate information concerning the joint ventures and contract negotiations of Sure Trace Security Corporation (“Sure Trace”). The securities of Sure Trace are quoted on the Pink Sheets under the symbol SSTY. Information has been provided to the Commission raising concerns as to the adequacy and accuracy of Sure Trace’s publicly disseminated information concerning, among other things, the status of Sure Trace’s negotiations to sell its technology to other entities.
The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of Sure Trace.
Therefore, it is ORDERED, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading in the securities of Sure Trace is suspended for the period from 9:30 a.m. EDT, August 3, 2005 through 11:59 p.m. EDT, on August 16, 2005.
By the Commission.
Jonathan G. Katz
Secretary
In my opinion the words from this order “. Information has been provided to the Commission raising concerns” leads me to believe that someone or some company has contacted the SEC trying to discredit the company for their own benefit and gain. When you read the company’s response to the SEC temporary suspension the company explains it this way:
(This is the first press release after the halt.)
Sure Trace Responds to SEC Actions
August 4, 2005
9:00 ET PHILADELPHIA--(Business Wire)--Aug 04, 2005--
Sure Trace (OTC:SSTY.) denies that there are any inaccuracies or inadequacies in news releases that warrant the halt of trading of its common stock by the SEC. The Company believes that the SEC, however well-intentioned, may have been misguided from sources intent on hurting the Company's business.
The Company will cooperate with the SEC and intends to provide the SEC with all relevant documents and other information as requested. Michael Cimino, the Company's CEO states, "After the SEC has had an opportunity to communicate with us and review any pertinent materials relating to our press releases, we are confident that they will agree that our stock should resume trading."
The key words in the company’s response are “The Company believes that the SEC, however well-intentioned, may have been misguided from sources intent on hurting the Company's business.”
Just who these sources are we really don’t know, we all can guess that it could be previous executives of the company that were fired and are now in litigation with the company. The parties could be the (RMCP) Royal Mounted Canadian Police and possibly someone in charge of handling their investigation. It also could be a competitor company; it could be a large retailer that buys counterfeit goods from China. Can you imagine if Wal Mart decided that it was not in their best interest for SSTY to succeed. I know the idea of Wal Mart is pretty far fetched but it not at all impossible.
In any event we got halted because some individual or entity convinced the SEC that an investigation needed to take place. On that particular week the stock went up something like 800% in just a few days, this is also a red flag for the SEC. So if you want to speculate more, we might consider that it was a hedge fund or market maker that was very short on the stock.
For whatever reason or whoever did the dirty deed, we are now trading again. On the grays, but still trading. We have had many press releases and many forward looking statements made by the company since trading resumed, so I would assume that if any of this information was false, we would be shut down by now.
(Here is the second press release after the halt. What I notice is that the company is continuing with business as usual.)
13:28 ET BEIJING--(Business Wire)--Aug 17, 2005--Sure Trace Security Corporation Participates in a Public Demonstration of the Anti-Counterfeiting Technologies Held in Beijing by Its Subsidiary Sure Trace Asia Limited and Its Joint Venture Partner, Suneray, on Wednesday August 17, 2005
August 17, 2005
Sure Trace Security Corporation (OTC:SSTY.) announced that it has today participated in a public demonstration of its anti-counterfeiting technologies in Beijing, China. In attendance were over fifty persons, including representatives of National and Regional Government departments, including Military, Customs and Civilian Services, licensee of the 2008 Beijing Olympic Organizing Committee, brand manufacturers, including cigarette, pharmaceutical, as well as Chinese regional and national media.
The demonstration was put on by Sure Trace's 85% subsidiary, Sure Trace Asia Limited (STA), and Beijing Suneray Zexin Technology Limited (Suneray), the co-owners of a joint venture recently approved by the Chinese Government to commercialize Sure Trace's anti-counterfeiting technologies in China.
The demo was videotaped by Chinese television and is intended to be broadcast at a later date. Those segments will be posted on the Company's website when available; however, the Company also videotaped the demonstration and its footage should be available on the Company's website later today.
Mr. Li Ning, General Manager of Suneray, stated in his opening remarks at today's demonstration: "Through the course of our due diligence into a wide variety of anti-counterfeiting technologies available globally, we selected SSTY as it is not merely the 'best of breed' in terms of product but rather a full service solution. SSTY deals with the heart of counterfeiting and at the same time will create thousands of jobs within China, will return many millions of dollars back to the owners of brand name goods, as well as generate tax revenue to the Government that will benefit the People of China."
William Chan, CEO of SSTY and STA stated: "This was a great success today. Working with Suneray for the past several months, we have had the opportunity to meet many possible clients while at the same time working with Government organizations to gain national approval of our products and techniques. I am very proud of our own people who have worked very hard to deliver our technology to China in a fashion that has met the cultural, ethical, and economic needs of China. The solution that the Joint Venture we presented to the People of China today creates a tremendous springboard opportunity for us to create similar joint venture partnerships in other parts of Asia."
Mr. Jim MacKay, Chairman of SSTY said: "We have worked very hard for this day and the result has been fantastic. The turnout for our presentation was very good, which indicates to me that our Joint Venture Partnership is off to an excellent start. In my opinion, Suneray, working together with Sure Trace Asia and our own SSTY employees, have done a wonderful job in building a provable anti-counterfeit solution acceptable to the Chinese Government that can be expanded to the rest of the world. A very exciting part of Suneray's Government mandate is that, potentially, every single consumer good produced for both domestic consumption as well as export goods will be marked with a True Product I.D. I am confident that today marks a significant step forward in the business growth of SSTY."
As part of its roll out of products and services in China, SSTY, together with its joint venture partners, determined that the new name for its technology is "True Product I.D." Over the course of the next few weeks, SSTY intends to update its web site to promote True Product I.D.
(This is the third press release after the halt).
09:13 ET PHILADELPHIA--(Business Wire)--Aug 26, 2005--
Sure Trace Releases Shareholder Update; Company Files Litigation against Former Officials of Sure Trace; Company is Cooperating with U.S. and Canadian Investigations
August 26, 2005
Sure Trace Security Corporation (OTC:SSTY.) announced that it has filed a lawsuit against various former officers, directors or representatives of Sure Trace, and their newly formed company, alleging that the defendants have violated non-competition agreements with Sure Trace, misappropriated business opportunities belong to Sure Trace, and engaged in other wrongful conduct designed to damage Sure Trace.
The lawsuit was filed in the United States District Court for the Eastern District of Pennsylvania on August 9, 2005. It is captioned Sure Trace Security Corporation v. James Barry, et al., Case No. 2:05-cv-04216-HB. The case has been assigned to United States District Judge Harvey Bartle III and can be accessed via the U.S. District Court's PACER website at https://ecf.paed.uscourts.gov/.
Sure Trace had previously engaged counsel to investigate the matter, which led to the filing of the lawsuit. It has also engaged counsel to represent Sure Trace in an ongoing formal investigation by the Securities and Exchange Commission, as well as an inquiry being conducted by the Royal Canadian Mounted Police.
Sure Trace management has learned that both investigations appear to focus on whether certain press releases issued by Sure Trace during 2004 and 2005 made proper disclosures of the matters discussed in the releases. Sure Trace's management believes that some of the releases were issued at a time when some of the individuals who have been sued by Sure Trace were in control of Sure Trace.
Sure Trace management has pledged to cooperate fully with both the SEC and the RCMP. That cooperation is ongoing. Sure Trace's counsel has communicated with the SEC in response to questions raised by the SEC staff, and will continue to do so. Comparable cooperation is ongoing with the RCMP. Although Sure Trace is confident that present management has committed no wrongdoing, it has decided not to engage in a public airing of the issues, including the motivations of those who appear to have piqued the interest of the SEC and the RCMP to conduct their investigations. "We will let the facts speak for themselves in our dealings with the regulators," said Mr. Cimino. "At the same time," Mr. Cimino said, "we will fight hard against ongoing attempts by others to besmirch our company and its officers and directors." He also stated: "Personal attacks against individuals associated with Sure Trace are disgusting and demeaning to those making those attacks." He called on those making the attacks to "cease and desist" from further personal attacks.
Mr. Cimino also said that the company continues to work on the development of business alliances in China and the Philippines. Sure Trace and its Chinese joint venture partner conducted a public demonstration last week of Sure Trace's basic technologies. Further developments will be publicly disclosed when warranted.
(This is the fourth press release after the halt}
13:59 ET BEIJING--(Business Wire)--Sep 08, 2005--
Sure Trace Asia Limited and Beijing Suneray Jexin Technology Announce Opening of New Offices in Beijing BEIJING
September 8, 2005
Sure Trace Security Corporation (OTC:SSTY.) announced today that Sure Trace Technology Beijing Limited (Sure Trace Technology), the Joint Venture Company of its subsidiary Sure Trace Asia Limited (Sure Trace Asia) and Beijing Suneray Jexin Technology Limited (Suneray) have opened a new and much larger administration office, laboratory, and manufacturing facility as they have outgrown the space that was previously provided by Suneray. The new space encompasses approximately 5,200 square feet (488 sq meters) of office and administration space and an additional 12,900 square feet (1,200 Sq meters) of laboratory and manufacturing space is available for future expansion. Often referred to as Beijing's Silicon Valley, the new facilities are located in the Haidian district of Beijing.
Since the Chinese public demonstration of its products and services on Wednesday August 17, 2005, which was attended by number of key prospective clients, an edited news version has aired on Chinese National TV station CCTV5 during prime time news on Saturday September 3, 2005. A copy of this broadcast will be available on www.suretrace.com in both English and Chinese in the very near future.
Suneray and Sure Trace Asia are currently building a website (www.trueproductid.com) to specifically address True Product I.D. True Product I.D. is the banner under which our S-DNA is being branded within China by Sure Trace Technology. We have launched our updated website, which now includes a Chinese language version.
Mr. William Chan, CEO of both Sure Trace Security Corporation and Sure Trace Asia stated, "I am very proud of the progress we have made in China. Suneray has proved a most worthy partner. They have opened many doors to Anti-counterfeit business opportunities in China and with our new facilities set up; we are much stronger now to maximize these opportunities. I am also very proud of our Sure Trace Security Corporation staff in their recent successes and continuing commitment in providing training and support to the JV staff and sales force."
Mr. Li, President of Suneray stated, "These new offices and manufacturing facilities give us the sufficient space we needed to satisfactorily carry out the client's specific demands regarding the products and services. Over the next few weeks Sure Trace Technology will have its own website developed and we are happy to see that Sure Trace Security Corporation now has a Chinese language version of theirs which certainly provide a great interaction support in developing our business in China. It is great to see that Mr. MacKay and his team have obviously put a lot of effort in to getting this going with us."
(This is the fifth press release after the halt. I believe that this was the day or during the same week that we started trading again on the grey market)
Sure Trace Security Corporation Updates Financial Reports Available on Pink Sheets News Service
September 22, 2005
PHILADELPHIA, Sept. 22 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation (OTC: SSTY) announced today that it has filed updated financial reports with the Pink Sheets News Service. They are available at http://www.pinksheets.com.
The reports filed include an Interim Financial Report, a Tradability Letter and a Rule 15c2-11 Information Statement. None of the financial statements has been compiled, reviewed or audited by an independent accountant. [The company's financial statements as of and for the years ended December 31, 2004 are currently being audited by an independent accountant.
There can be no assurance as to when the audit will be completed or what the results of that audit will be. Recent changes in management and the difficulty of obtaining information from prior management could affect the ability of the company to present financial statements fairly and in accordance with generally accepted accounting principles.]
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.
The stock of Sure Trace has recently been suspended by the Securities and Exchange Commission, but the suspension has ended by its own terms. 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.
(This is the sixth press release after the halt.)
Sure Trace Signs Agreement to Form Joint Venture With U.S. Company That Has Been Providing Security Solutions for Over Twenty Years
October 18, 2005
JV Partner Will License Rights to Their Proprietary and Licensed Technology, for Authentication, Anti-counterfeiting, Tracking and Tracing Systems
PHILADELPHIA, Oct. 18 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation (OTC: SSTY) announced that its Chinese operating subsidiary, True Product ID Technology Limited, formerly Sure Trace Asia Limited, has, on October 4, 2005, signed an agreement with Gary Metzger, President of Amco Plastic Materials Inc. of Farmingdale, New York, to form a joint venture (JV) to utilize their anti-counterfeiting/authenticating systems in the Far East.
Amco currently provides security solutions for worldwide use and deals with well-known public and private organizations. Amco is prohibited from mentioning publicly the exact identities of these customers. Amco's President, Gary Metzger, will also sit on the Advisory Board for both True Product ID Technology Limited and True Product ID Technology (Beijing), formerly Sure Trace (Beijing).
James Mackay, STA's Chairman, said, 'Amco's technology further enhances our existing suite of technologies and will allow us to reach the market in a relatively short period. We are also pleased that Mr. Metzger has agreed to sit on our Advisory Board. He will also bring both contacts and years of operational experience to the company.'
Founded in 1955, Amco distributes and produces custom compounds, dry color, additives and master-batches and anti-Counterfeiting taggants and technologies. Amco offers unique anti-counterfeiting taggants and taggant combination technology, including additives and master-batches for the system and the scanner system and software, to make finished products difficult, if not impossible to counterfeit.
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.
The stock of Sure Trace has recently been suspended by the Securities and Exchange Commission, but the suspension has ended by its own terms. 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.
(This is the seventh press release after the halt.)
Sure Trace Security Corporation Announces Cooperation Agreement with Brand315.com in China
October 20, 2005
BEIJING, China and PHILADELPHIA, Oct. 20 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation announced that True Product ID Technology (Beijing) Limited, formerly Sure Trace Technology (Beijing) Limited, a 50-50 JV of its 85% Subsidiary, True Product ID Technology Limited, formerly known as Sure Trace Asia Limited (STA), and Beijing Suneray Zexin Technology Limited has completed a cooperation agreement with The National Brand Cartel Anti-Counterfeit Cooperation Network - Brand315.com.
Brand315.com is established under the authorization of the Ministry of Quality Supervision, Inspection and Quarantine of the People's Republic of China. It is a network introducing anti-counterfeit technologies, services and law enforcement for branded products. In attendance at the signing of the agreement were Mr. James MacKay, Chairman of SSTY; Mr. Li Ning, President of True Product ID Technology (Beijing) Limited; Mr. Zhao Zeyuan, director of the Brand Protection, China National Joint Rights Maintenance Cooperation Network of Brand Enterprises; Mr. Qi Xuan, secretary-general of China Association for Technical Supervision Information.
The signing ceremony was held on September 28, 2005 at the China National Institute of Standardization. Due to a national holiday, the finalization of all required documentation was not completed until recently. In the ceremony, speeches were made by Mr. Qi Xuan, Mr. Li Ning and Mr. James Mackay. Mr. Qi Xuan awarded the JV, True Product ID Technology (Beijing) Limited with an honor certificate of "Promotion Unit of Anti-counterfeiting Technologies Application Designated by Protected Key Brands of China National Joint Rights Maintenance Cooperation Network of Brand Enterprises Market Inspection System".
Mr. Qi Xuan also awarded Mr. James Mackay with a letter of appointment as the "Vice Chairman of China National Joint Rights Maintenance Cooperation Network of Brand Enterprises". Mr. James Mackay was named Vice Chairman of Nation Brand 315 Cartel. Brand315 provides security labels to the top 600 of China's national brands. Their clients cover all areas of consumer goods and collectively their clients distribute substantially into the billions of units of goods.
In step with the Peoples Republic of China Government' initiatives to stop counterfeiting and contraband, Brand315 has been searching for technology to augment its current products. Management of SSTY believes that SSTY's S-DNA brand protection technology works well with Brand315 label systems as S-DNA can be easily applied to the labels.
Mr. Li, President of True Product ID Limited stated, "We are very proud of this agreement. We view Brand315.com as a perfect partner for True Product ID as they already have a strong business relationship with many of China's major Brands and give True Product ID a tremendous opportunity to close business quickly."
Mr. James Mackay added, "Brand315.com has the full support of the Government of China. Both the Government and the Brands are committed to stopping counterfeiting and together we offer a powerful solution at an affordable price."
In other news, SSTY has commenced the search for a Chief Operating Officer for its Chinese operation. As part of its search, SSTY has updated its web pages to include a Jobs and Careers section as SSTY anticipates the need for additional staff to meet its obligations to support the efforts of STA and its Joint venture Partner, True Product ID.
(This is the eight press release after the halt.)
Sure Trace Security Corporation Announces Approval of Globe Staff Consulting Acquisition By French Government
October 27, 2005
All Required Documentation Completed and Approved; Globe Staff Officially
Wholly Owned Subsidiary of Sure Trace
BEIJING, PHILADELPHIA, and BAYONNE, France, Oct. 27 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation (OTC: SSTY) announced that the mandatory French administration regulations for the purchase of Globe Staff Consulting (GSC) have now been completed and approved by all French Government Ministries. A full internal audit and examination of GSC technologies took place, conducted by Sure Trace's CFO Mr. Joseph Repko and staff last week in France.
Newly appointed CEO for GSC, Mr. Cameron Moriarty, stated, "The completion of all documentation for French Authorities now allows us to focus on delivery of our GEOLOCATION tracking technologies. GSC is well-established in France as a leader in security technologies and now we can begin to introduce these products and services to the rest of the world."
The management of Sure Trace believes that, with the purchase of GSC completed, it now has one of the most effective mixes of tracking and tagging security services available in the world.
Mr. Moriarty will step down as COO and member of the Board of Directors of the parent company, Sure Trace, and will assume the position of Gerant/CEO of GSC. Mr. Jean Gilles Subervie, former CEO of GSC, will relinquish that position and assume the position of CTO, a role he also maintains with the parent company.
(This is the ninth press release after the halt.)
October 31, 2005
Sure Trace Security Corporation, Together With Its Joint Venture Partner, True Product ID (Beijing) Limited, Met With the Central Government Departments of China at the People's Hall In Beijing, China to Present Its Technologies and Services to Government Ministries Responsible for Internal and International Security Issues
BEIJING and PHILADELPHIA, Oct. 31 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation (OTC: SSTY) participated today together with its Joint Venture partner, True Product ID (Beijing) Limited, in a meeting with The People's Republic of China's Central Government. The meeting was held at the People's Hall, which is connected to the People's Congress in Tiananmen Square, a very rare honor presented to selective Chinese and even rarer still foreign corporations. Tiananmen Square is symbolic of the very pinnacle of political power in China, much like the White House is in the United States.
During the presentation, which was attended by more than seventy (70) of China's relative political and security leaders including:
-- General Office of the State Council of PRC
-- Division of Security of the Chinese People's Political Consultative
Conference (CPPCC)
-- Division of Security of the National People's Congress (NPC)
-- Division of Security of the Central Guard Bureau
-- State Secrets Bureau of PRC
-- China Banking Regulatory Commission
-- China Unicom
-- State Patent Bureau of PRC
-- The Second Research Institute of the Ministry of Public Security
-- The Customs General Administration of PRC
-- Bank of China
-- Zhongcheng Satellite Technology Center Co., Ltd.
-- And numbers of bureau-level cadres ...
True Product ID demonstrated its security solutions including S-DNA, its track and trace system - KMACK, and the world's first Personal Biometric Fingerprint ID system. The meeting is the culmination of months worth of effort and organization to deliver a complete security package to the people of China, setting a new world standard for document, consumer product, and personal security solutions.
Mr. William Chan, CEO of both Sure Trace and Sure Trace Asia, stated, 'Today was far more than a mere milestone in our goal of providing a superior security solution. Today we had and took the opportunity to show some of the most powerful and important decision makers in all of China how our combined technologies can benefit the people, the economy in terms of jobs and taxes, and in fact the whole of the world.'
Mr. Li, President, True Product ID, stated, 'Over the past few months we have held many presentations with various corporations within China. Now that we have been accepted as a security standard by the Central Government these corporations will act quickly to participate in our project. I am proud of our results and of the great effort and dedication shown by our staff. I am also very happy for the People of China as what we offer will improve their very lives.'
Mr. James MacKay, Chairman of SSTY, STA, and True Product ID, in his opening remarks at the presentation stated in part, 'The fact we are all here today shows that the Government of China is not just talking but in fact taking action and leading the way to establish a world standard to fight crime in the form of counterfeiting, identity fraud, and contra-band.'
(This is the tenth press release after the halt.)
Sure Trace Security Corporation Announces Agreement With Innov-X Systems, Inc.
November 4, 2005
BEIJING and PHILADELPHIA, Nov. 4 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation (OTC: SSTY) announced that it has signed an agreement with Innov-X Systems, Inc., wherein Sure Trace has agreed to utilize Innov-X's Scanners for use in connection with its SDNA solutions on a worldwide exclusive basis and Innov-X has agreed to make the XRF Scanners for Sure Trace on an exclusive worldwide basis.
Initially, Innov-X will manufacture/assemble the Innov-X XRF elemental Scanners, software and related intellectual property (including all enhancements and revisions/redesigns thereto) in its present facilities in the US, however due to the anticipated increase in the volume of Scanners required, Innov-X will set up a manufacturing operation in China for the sole purpose of producing Scanners for delivery to Sure Trace and its China-based clients.
The units will be private labeled under the True Product ID brand name and can be designed/redesigned by Innov-X in conjunction with Sure Trace to fit its specific clients' needs. The manufacturing of Scanners in China goes into effect after Sure Trace meets certain order minimums, which the Company's management feels it will presently achieve.
(This is the eleventh press release after the halt.)
November 18, 2005
SSTY Seeks to Enter North American Market
BEIJING and PHILADELPHIA, Nov. 18 /PRNewswire-FirstCall/ -- Beginning in January 2006, Sure Trace (OTC Bulletin Board: SSTY) plans to hold a series of public demonstrations of Sure Trace's products and services across the United States in an effort to recruit potential distributors. Management believes that Sure Trace's True Product ID Solution, which has been chosen by a variety of sectors in China to be their anti-counterfeiting, tracking and authentication solution of choice, can achieve global leadership in commercializing these vital solutions.
Sure Trace is seeking to become the standard for anti-counterfeiting solutions. The potential market for such products is immense. Sure Trace believes that its solutions have the technical characteristics that, once exposed to the market, will prove very attractive to both industry and government. In its initial foray into the North American market, the company is targeting Los Angeles, Miami, New York and Dallas for the Expos designed to recruit North American distribution.
Sure Trace plans to host two demonstrations per city. The afternoon sessions will be programmed and designed for potential distributors and evening sessions will be designed for potential investors. During the demonstrations, potential distributors will learn our price strategy, business plan, business model, and how to operate a distributorship. Sure Trace will reveal to potential investors what Sure Trace believes makes it a potentially dominant commercial force in the field of anti-counterfeiting, tracking and authentication solutions. Sure Trace believes that its software database, different levels of security products and ability to be commercially ready now will combine to enable it to begin developing a network of distributors in North America, starting in 2006.
James Mackay, the Company's Chairman stated: 'I believe in the integrity of our product and Company. It is now time for the public to see, through public demonstrations, the fact that Sure Trace has positioned itself to be the leader in the field of anti-counterfeiting solutions. Sure Trace has developed partnerships in China that are based on the quality of its product and its adaptability to practical uses. Our goal in China was to help the Chinese Government combat the global problem of counterfeiting. I believe the outcome of these demonstrations in the U.S. will prove the value of the product to the North American market.'
Sure Trace also plans to hold a conference call with shareholders and other interested parties on Monday, November 21, 2005 at 6:00 PM EST. Information on how to participate is posted at http://www.suretrace.com .
(This is the twelfth press release after the halt.)
November 21, 2005
SSTY's JV Signs Contract with Chinese Government-Sponsored Anti-Counterfeiting Network
BEIJING and PHILADELPHIA, Nov. 21 /PRNewswire-FirstCall/ -- Sure Trace
Security Corporation (OTC: SSTY) announced that True Product ID Technology
(Beijing) Limited has signed a service agreement with The National Brand
Cartel Anti-Counterfeit Cooperation Network - Brand315.com, to deliver the
True Product ID anti-counterfeiting technology. True Product ID Technology
(Beijing) Limited is a joint venture owned 50% by a Chinese corporation,
Beijing Suneray Zexin Technology Limited and 50% by True Product ID Technology Limited, 85% of which is owned by Sure Trace.
Brand315.com is established under the authorization of the Ministry of
Quality Supervision, Inspection and Quarantine of the People's Republic of
China. It is a network introducing anti-counterfeit technologies, services
and law enforcement for branded products. Brand315 provides security labels
to top national brands in China and has 600 active members. Its clients cover
all areas of consumer goods and, collectively, distribute billions of units of
goods per day.
Brand315 has informed Sure Trace that it chose the Company's solutions,
collectively known as True Product ID, because it recognized that the
components of this one solution fit the varied and specific needs of all
Brand315's members. According to the feedback from Brand315, what set the Company apart from other technologies is that we have demonstrated the present ability to deliver the technologies developed for China and deploy them across many different applications - from controlling and tracking counterfeit products, containers, authenticating precious artifacts, identity authentication, transportation systems, munitions and document management.
This initial pilot program contract calls for the joint venture to mark
2 billion labels of the top brands in China. If this initial pilot program is
completed as planned, Company officials estimate that the total receipts under this contract will approximate $5,000,000 over the next 3 months. The amount may vary due to fluctuations in the currency exchange rate.
This number of items to be marked in this initial agreement, 2 billion
units, is just the average daily amount of units commonly processed by the
Brand315 network.
The Company will be providing scanners (both from Innov-X and AMCO),
taggants, the services of its proprietary, remote, real-time authentication
software system, KMACK, and networking to the central database.
James Mackay, the Chairman of the Company said, "For the most part of the
last year, our team here in China has worked extremely hard to provide China
with a total anti-counterfeiting solution. China has chosen to take this
important step in the war on counterfeiting to put a stop to counterfeit goods
not only in China but the world." He went on to say: "True Product ID is very
proud to support the Chinese government in establishing a world standard and
building the spirit of 'one world one dream.'"
(This is the thirteenth press release after the halt.)
November 30, 2005
Sure Trace to Release Video Update to Shareholders From Chairman of the Board of Directors
BEIJING and PHILADELPHIA, Nov. 30 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation (OTC: SSTY - News) announced that as part of SSTY's ongoing commitment to be responsive to shareholder requests for frequent updates and information regarding current and planned activities by SSTY, its subsidiaries, and affiliate companies, a video interview will be released by Mr. James MacKay, the Chairman of its Board of Directors, on Monday, December 5, 2005. The Company encourages shareholders to participate by sending questions to info@suretrace.com. To the extent that the SEC disclosure rules allow, all questions will be answered.
(This is the fourteenth press release after the halt.)
December 7, 2005
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.
(This is the fifteenth press release from other sources after the halt.)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
SSTY Delivers First Shipment of Labels for Brand315.com during the China Trademark Festival; Releases Video Update to Shareholders
BEIJING and PHILADELPHIA, Dec 14, 2005 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (OTC: SSTY) announced that its joint venture partner, True Product ID (Beijing) Limited, delivered the first batch of labels marked with S-DNA to Brand135.com this past week during the 2005 China Trademark Festival, ahead of the projected schedule.
Also, the Chairman of the Board for SSTY has completed a video to update shareholders on recent events and news. The video interview is available on SSTY's website located at http://www.suretrace.com. The video includes information concerning the Company's financial filings, information about the most recent public event held in conjunction with Brand315.com, and expansion plans for SSTY and its partners for 2006.
The next is the posting on the company’s website about the January 26th video update.
CHECK IT OUT - 09-01-06: Chairman of the board, Mr. James Mackay, will release a Video update on Thursday January 26th.
January 25th, 2006
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
SSTY Announces Plans for New Venture with Affiliate of China's Ministry of Industry and Commerce; Venture to Have Ability to Police Consumer Counterfeit Products Including Authority to Search and Seize
Jan 25, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (OTC: SSTY) announced that its joint venture partner, True Product ID Technology (Beijing) Limited ("TPiD"), a joint venture of its 85% subsidiary, True Product ID Technology Limited, and Beijing Suneray Zexin Technology Limited has signed a cooperation agreement with China Consumer Journal, which is a subsidiary company of the Ministry of Industry and Commerce.
SSTY provides proprietary solutions for loss prevention and anti- counterfeiting purposes. On November 24, 2005, it announced that the joint venture had signed a service agreement with The National Brand Cartel Anti- Counterfeit Cooperation Network -- Brand315.com, to deliver the True Product ID anti-counterfeiting technology.
With the addition of the cooperation agreement, TPiD can now not only mark products but can ensure the proper use of the technology in its utilization and assist in conducting its enforcement in the field ... across the entire spectrum of products and goods that are tagged. This enforcement workforce will monitor all the items tagged through every contract that TPiD enters into across the country.
Within China, the Ministry of Industry and Commerce is one of the Government or civil agencies charged with the responsibility to provide field authentication of consumer products. Through the co-operation with the China Consumer Journal which also produces anti-counterfeiting labels similar to Brand315 (see November 14, 2004 PR), TPiD will work with the Ministry of Industry and Commerce to provide them with SSTY's scanning and KMACK technologies.
Chairman Mr. James MacKay, who has personally spearheaded SSTY's efforts in China for the past year, stated, "I am always pleased to see forward progress and believe that we are seeing only the beginning of a series of contracts in China. Based on the magnitude of exports from China to the rest of the world we are getting tremendous response from importers in both North America and Europe."
SSTY has this week kicked off its initial drive to establish a sales force in North America with end user and cooperative reseller and/or marketing partnership meetings taking place in Philadelphia and Chicago.
As a matter of policy, SSTY generally does not disclose specific valuation and volume information concerning individual contracts, unless such disclosure is required by applicable law. SSTY believes that keeping such information confidential is beneficial to client development.
Sure Trace Security Corporation Announces New Contract in China for JV
Jan 26, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (OTC: SSTY) announced that its joint venture partner, True Product ID Technology (Beijing) Limited ("TPiD"), has signed another direct sales/revenue agreement in China.
In the transaction TPiD will provide its S-DNA technology to a major Chinese automotive parts distributor whose largest export client is General Motors.
Also the Company confirmed that the scheduled Chairman's video will be available later today on its website.
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:
Huge news today, new ceo with enough clout to take us where we want to go. ONTV up 200%. It's a great day folks. By the way where are the bashers today. LOL. I would like to take the day off and do some research but I gotta go. Have a great successfull day everyone that has invested in ssty/tpid. Happy Saint Patricks day. I'm sure all of us ssty'rs will be celebrating tonight. Greeeeeeeeeeeen!
My response to you csiguy go f### yourself. You are now on ignore. I usually don't respond in this manner but you seem to have brought ther worst out in me.
All I did was post articles from the tpid website, hey if you don't like it don't read it. If you don't like the way I represent ssty stock, put me on ignore.
http://translate.google.com/translate?hl=en&sl=zh-CN&u=http://www.trueproductid.com/support....
Definition systems
Hang authentication management system is it - based marking S-DNA elements through synthetic elements marking system, the smart data analysis and information management system certification system for marking items for identification, authentication, identity information management hang integrated management system.
That system functions
Hang authentication management system created "element label" new concepts that can be applied to a wide range of socio-economic areas, with identification, marking supplies, security certification, product security, Cuanhuo investigation, logistics management, statistical analysis, asset preservation and retroactive liability, and other functions.
That system constitutes
1, S-DNA synthetic elements labelling system
2, Tpid wisdom analysis certification system
3, Kmack data information management system
That system features
1, using the most advanced high-end technologies
2, unique, irreplaceable nature of reliability and
3, relative to other systems, users significantly reduce costs
4, world-class brand protection and authentication of identity logo authority
Hang authentication management system widely used in medicine, food, clothing, tobacco, auto parts, cosmetics, electronic products, jewellery, culture, sports, financial products and special trades, and many other fields, marking items, security products, commodities logistics, information tracking and anti-theft security assets will be of great significance.
Hang authentication management system "S-DNA elements marking it"
Technology name
Chinese name : hang status "S-DNA elements marking it"
English title : Synthetic DNA True collect ID Technology
- Technical description
Hang identity S-DNA elements marking it could be used as a specific element of the various items of identification, and use professional equipment to 23,600 items have been marked for identification testing, analysis, and database management through the security system of marking items of identification information and management support integrated technical system.
Technology constitutes
S-DNA elements marking it is composed of three parts :
1, marking elements synthetic technology
2, marking the Information Analysis authentication techniques
3, data management techniques
On edge technology products
1, the use of low-cost it --S-DNA elements marking While high R & D costs, the use of unit cost is lower but can be accepted for the customer;
2, provides --S-DNA element labelling system can not be copied, counterfeited, which can be hidden in items as part of the goods;
3, a live sex -- even if the goods had been marked by the elements were burned, as long as carriers are still analysing the full certification of the original information, the responsibility to provide evidence retroactive to fill the post and not only pre-empt authentication errors;
4, the only sexual -- a unique element labelling system, the precision of the analysis of intelligence data and information management system certification system can provide users with a unique identification marking items;
5, to identify resistant -- portable authentication system in the analysis of packaging is not damaged goods, packaging and identification through ordinary items identity element labelling information;
6, extensive use -- many can not use traditional technology products, such as clothing, jewellery, watches, chips, art, plastics, rubber, steel, and chemical products all can hang authentication through the use of identity authentication and management systems to meet security purposes;
7, with the capacity to protect assets and prevent Cuanhuo -- intelligent analysis certification system can accurately determine the ownership of marking items, help prevent theft and to strengthen the logistics management products.
Technology security
1, to ensure the safety of customers confidential information, S-DNA label is the result of a number of elements closed independent production was produced that S-DNA element labels in synthetic process, its customers, marking element composition, marking liquid mixed with carriers such important information from different venues equipment and production personnel system were available.
2, in the process of forming S-DNA element labels need to use a lot of special software for processing, and distribution of the software only in the computer center of synthetic elements markings. Need access to a range of software codes, and passwords can be used only to identify personnel.
3, operation of specialized software elements marking synthetic center network system is independent and not with the administration, marketing department or any network connectivity of the Internet. Non-production, production managers to close their regional or computer networks.
4, to prevent unnecessary loss of artificial labels S-DNA elements may adopt the most advanced technologies quantitative formula, according to the user's requirements in determining a need to label products S-DNA elements of the production volume, the rations will be rated safety labels S-DNA elements values, Once the artificial increase in the volume of production, the proportion of the value of security will change things, leading to the labelling of products of elements of spent S-DNA lapse.
5, if S-DNA element labels were inadvertently lost or stolen, the data can be modified through the Information Management System for the relevant information and intelligence analysis portable control system security certification authority, the elimination of loss of control S-DNA element labels original mandate to no longer be understandable. thus ensuring S-DNA element labelling information security.
6, the certification system for the analysis of the portable smart positioning and tracking distance authorization control technology, intelligence analysis can guarantee portable authentication system in the case of lost or stolen illegal, the owner can still control their effective long-range safety.
- After-sale
"hang technology" will work as one of the focuses of the after-sale, in order to provide excellent after-sale perfect, "hang technology" created a three-tier system of after-sale services, with the greatest sincerity, the most effective way, in the shortest possible time to address emerging applications products personalized.
Synthetic elements labelling system
S-DNA element labels into an element of the marking system is the use of synthetic elements of the technology will be preparing a special craft S-DNA element labels through infiltration or mixed to the surface or internal structure of objects to the shaping of identity markings specialized information systems.
On what elements labelling S-DNA
Elements of the so-called S-DNA labels, not biological DNA, but the use of high-tech means, according to elements from the special preparation methods can penetrate the internal structure of a material compounds, synthetic genes. It is customarily called "artificial gene," and products "DNA" and "stealth bar."
S-DNA elements of the physical and chemical nature of labels very stable, environmental clean, withstand high temperatures, not volatile, and will not be worn away, resisting strong acid base, do not dissolve in water and general organic and inorganic solvents. It has strong permeability can permeate, polishing the glass and has been cutting diamonds, all material within.
That element labelling system features synthetic
1, marking methods Yi operational
S-DNA element labels can join in the process of producing goods, items can be shaped in the form of a Shuatu in support of the carrier solvent, or chemical substances into account in the internal goods. According need to use colorless or colored two S-DNA carriers to achieve stealth or manifest purpose.
2, marking the permanent presence
Once labels are manufactured S-DNA elements, the various elements of its components are completely determined, will not change as a result of changes in the external environment. S-DNA elements mixed into the marking or labelling penetration of the internal goods, even if items are worn, washed, burning, corrosion, S-DNA element labels still exist.
3, the use of safety markings
S-DNA element labels usage very small items will not undermine or change the organizational structure or content, will not cause any chemical reactions. As individual items S-DNA element labels use very small quantities and S-DNA element labels used elements from the natural world, to human health and the environment will not produce any harm.
4, marking the only sexual code
Since many alternative types of elements, elements of composition variety, the choice may be based on the need to change the types of elements from different S-DNA element labels. In each of the markings, the label will only S-DNA elements coding elements, which makes different types of goods using different labels S-DNA elements envisaged become a reality.
5, marking the sexual be 23,600
Since the items have been marked by the definition of identity information to be stored in the data management system, certification system through the use of smart analysis, real-time, the field was marked by rapid detection and identification of all items of information content, the accuracy rate of 100%.
Marking information include : marking element codes, feature articles coding, the name goods, items identity note, the production of goods dates, batch number, property status, and so on.
That element of the marking synthetic flow
The process of marking the first choice of different elements mixed in a specific carrier, manufactured S-DNA element labels; And will S-DNA element method infiltration through specific labelling or marking items were mixed to the surface or internal structure; At the same time, will be formed by the material and the corresponding elements coding certification information stored in data and information management system.
Marking items primarily by the following process steps :
1, was based on user needs and marking items materials, the choice of items marking methods;
2, to determine the type of marking items (Stealth, himself);
3, defining element coding formula;
4, the element of enrichment marking solution;
5, ready carrier solution;
6, the carrier solution with enrichment marking fluid mix elements from S-DNA labels;
7, to infiltrate, or mixed form Shuatu marking items;
8, marking items identity information to be stored in data management information system;
9, inspection and testing of samples;
10, items delivered.
Articles marked process is under strict management and operation of complete safety, technology providers will make every effort to reduce and eliminate any person not authorized illegal recycling marking possibilities.
Smart certification analysis system
Tpid intelligence analysis system is the use of certification marks the Information Analysis authentication techniques, marking the completion of the items of elements identification, analysis, authentication, and a description of the marking items from the definition of specialized information systems.
识别S-DNA元素标签需要特殊的可以读取元素的专门设备,以往使用的大多是体积较大,仅限于实验室使用的扫描设备。新一代手持便携式智能分析认证系统已于近期成功地开发研制出来。
TPID智能分析认证系统设备可分为便携式、台式、固定式等多款机型,功能强大。其利用高能射线激发原理,有选择性的对元素进行分析。可以完成对物质分子结构的深层扫描,能够探测出PPM级S-DNA元素标签的存在。
特别是TPID便携式智能分析认证系统轻便小巧、可以手持,便于现场使用。以往需要带回到实验室中用几天才能完成的分析、检测结果,使用便携式分析认证系统后,现在只需要几秒钟就可以在现场完成。所以,我们称之为“便携式实验室”。
TPID-A便携式智能分析认证系统是由高能射线激发装置、高能射线探测装置、数字信息处理装置(PDA)、电池及充电装置、标准化帽盖、彩色液晶显示屏幕等组成。彩色液晶显示屏幕即使在强光和背光的情况下,也可以很容易地看清屏幕显示的内容。
TPID-F识读器是由能量激发装置、能量探测装置、信息处理装置、信息输出装置、电池、提示灯、发声器或振动器等组成。
便携式智能分析认证系统作为对物品进行标记检测与信息分析的专用仪器,其对物品检测的时间不超过5秒钟。当使用TPID-A便携式智能分析认证系统检测物品时,对于元素标记过的物品,便携式智能分析认证系统的显示器上将能够明确无误地呈现出该物品的标记信息。而在检测没有经过元素标记过的物品时,则便携式智能分析认证系统的显示器上只会出现“无标记”字样。
当使用TPID-F识读器检测物品时,经过S-DNA元素标记过的物品能够使识读器的绿灯亮起,并发出“嘟嘟”的声响或产生震动感。而在检测没有经过元素标记过的物品时,则识读器只会红灯闪烁。
TPID-A便携式智能分析认证系统的便携式设计与远程通信的特点使之可以实时实地的进行检测分析,而微型高能射线发射管、智能软件和强大的后台数据库支持,使其成为目前最为方便可靠的身份检测、认证管理系统。
当TPID-A便携式智能分析认证系统被发放到使用者手中开始对物品进行检测时,系统首先通过存储器对使用者身份进行自动确认,存储器中的一个带有时间窗口的新文件会自动打开,可以立即获取使用者的名字和编号,而非法盗用者将无法继续操作系统。通过扫描检测物品,系统将获得能够转化为商标所有者以及商标名称的信息码。此时,文件中已包含了检测时间、检测人员、检测物品的相关信息。
TPID-A便携式智能分析认证系统可以向使用者提供检测过的被标记物品的名称和所在位置。拉动系统的扳机同时还会激活GSC的Geo定位系统,给被打开的文件提供地理坐标(通过卫星或多孔的三角测量)。
使用者在完成检测工作后,将TPID-A便携式智能分析认证系统与专用计算机进行连接,系统将检测数据全部下载给专用计算机,然后进行初始化,清除那些在测试之初预载设定的扫描信息,然后将系统放回充电待用。
当检测结果被下载到专用计算机上时,这些检测信息同时也被传输到数据中心。
数据中心向高级管理员提供包括实地监查程序在内的电子报告。其后,报告将每天被总结并转寄给用户的指定部门或其它指定部门。
数据信息管理系统
KMACK数据信息管理系统是利用数据信息管理技术存储物品身份的元素标记信息,并对物品身份信息进行查询、调用、统计、分析与管理的专门系统。
KMACK数据信息管理系统能使用户比现今其它任何安全系统更快的识别出假冒或是违禁产品。实地监查程序一个很重要的方面就是要记住不同标记的不同信息点,使用户的反应速度比当今任何安全数据程序更快。KMACK数据信息管理系统给用户提供其所需要的信息,使他们可以从心理和法律的角度采取快速有效地行动。
数据信息管理系统由数据中心、认证中心和远程分析/认证系统所共同构成。
S-DNA元素标签被合成时,元素编码自动生成;被标记物品的身份资料信息,可按自定义方式在后期编制完成,并全部存储在数据中心。 主要包括:物品属性、特征、产权等自定义信息。
便携式智能分析认证系统可以从数据中心下载所需的全部数据信息,并及时更新校验,以确保数据同步。数据信息管理系统采用分级授权的模式,不同权限的便携式智能分析认证系统只能读取授权范围内的数据资料。
KMACK数据信息管理系统使用的是业界标准的技术和系统。开发该技术的宗旨是降低开发成本,提高可靠性。KMACK数据信息管理系统是一个多层次网站体系,它拥有高精确性,易测量性,高适应性以及高安全性的特点。它支持多种语言,如中文支持及英文支持已被输入系统。它的软件体系可以识别任何未经修改源代码的语言。
KMACK数据信息管理系统在开发的时候考虑到了它在未来的可选择性。它的数据库可以应用于任何SQL环境中,不论是用户的SQL,还是微软的SQL,或是Oracle公司的SQL。它给用户提供了将来最佳的选择。KMACK数据信息管理系统使用了最新的安全技术,包括 128位的加密SSL和与数据库中加密数据。
KMACK数据信息管理系统使用了角色分配系统,它能够为每位用户量身定制。这个系统保证了提供给每位用户进入其工作区域的唯一权限,超出他们工作权限的菜单和区域不会显现出来。用户在进入系统前需要输入一个用户名、密码和确认码。 KMACK数据信息管理系统根据这些信息为每位用户建立其准入的菜单结构,它给用户提供了最佳的安全性和灵活性。
© 正品科技(北京)有限公司 版权所有
地址:中国北京海淀区知春路106号太平洋国际大厦西区18层 电话:86-10-82637029 82637191
E-mail: zpkj810@163.com
Inks product has nothing on ssty. SSTY's products are nondestructable and have many many more uses and applications. The big thing is China loves ssty and their products and that will make ssty the standard.
Your ignore of bigmellons was successfull.
Recent TPID events in China
TPID attended the 2nd High-level Meeting on Sino-Japan Electronics IT Industry Copyright 发布时间:
On February 23rd 2006, Beijing saw the 2nd High-level Meeting on Sino-Japan Electronics IT Industry Copyright jointly hosted by CECC and JEITA, which was attended by representatives of more than 20 large-scale Chinese and Japanese enterprises, including CECC, China AQSIQ, China Intellectual Property Right Bureau, Tsinghua Tongfang, Sony and so on. All parties at the meet communicated and exchanged a lot on intellectual property right protection and anti-counterfeiting, and agreed on some conclusions about the establishment of a promotion system for joint intellectual property right investigation. As the True Product ID authentication and anti-counterfeiting technology supplier, True Product ID Technology (Beijing) Limited (hereunder referred to as TPID) sent representatives to this meeting and conducted sufficient communication and exchange with both Chinese and Japanese enterprises on how to use the TPID authentication management system to fight against counterfeiting, which was well applauded by all VIPs and representatives of related enterprises at the meeting.
Vice President of TPID attended a reception hosted for chief representatives of overseas printing and printing equipment companies in China
发布时间:
In order to set up an exchange and cooperation platform for all Chinese and foreign printing and equipment enterprises, promote information exchange, develop various international exchange and cooperation on technology, trading and joint investment, China Association of Printing and Printing Equipment Industries held a reception at Beijing International Hotel on February 17 2006 for the chief representatives from the offices of overseas printing and printing equipment companies. Mr. Zhang Jianyong, vice president of our company was invited to the reception.
As the unique industrial organization of the Chinese printing industry, China Association of Printing and Printing Equipment Industries is organized under the guidelines of “Grant Printing”, the naturally extending economic rules of the industry chain and the systematic engineering methods by the printing and printing equipment & material industries in the trans-industrial and trans-departmental mode, involving such aspects as production, information, circulation and customers.
The reception was hosted by Mr. Wang Demao, vice standing director of the Association. Mr. Yu Zhen, director of the Association and member of the Standing Committee of CPPCC National Committee showed hearted appreciation to the concern and support from the offices of the overseas printing enterprises. He also introduced all excellent achievements of the Association in the past 20 years and the measures to be taken for future exchanges and cooperation. He also expressed his hope that the Association would cooperate with foreign merchants for more exchange, better understanding, friendship promotion and mutual development, so as to pay more effort to the development of the Chinese printing industry and the progress of the world printing industry. The vice secretary general Mr. Liu Wanrui disclosed the statistic data of the Chinese printing industry in 2005 on behalf of the Association; while Mr. Song Baozhi, vice secretary general, introduced the preparation progress of the 2007 China (Guangdong) International Printing Industry Exhibition to the guests.
The reception was witnessed by 53 representatives of over 40 overseas enterprises, 15 journalists of 13 printing media, and more than 90 VIPs from the National Bureau of Press and Publication, and the related associations and units.
All these representatives unanimously agreed that it is necessary to hold meetings of this kind and timely release industrial information so as to jointly accomplish the annual objectives.
During the meeting, Mr. Zhang Jianyong conducted deep communication and discussion with the responsible people, leaders and representatives of the Association, organization committee and participating companies on the application of the S-DNA elemental taggant information technology in the printing industry, which was positively agreed and applauded by the involved leaders and experts. Mr. Zhang expressed his wish to actively assist the Association with its key programs in 2006 and promote the development of the Chinese printing industry. The leadership management of the Association and the representatives of involved companies accepted the invitation of Mr. Zhang to our company for emulation exchange and discussion on cooperation.
The TPID intelligent analysis and authentication system passed the test of China ESI Safety and EMC Testing Center of Electronic Industry 发布时间:
Recently, the “Portable Analysis & Authentication System” of True Product ID Technology (Beijing) Limited passed the ionizing radiation test conducted by China ESI Safety and EMC Testing Center of Electronic Industry and certified for the same. The lab check report is numbered as: W06-S019.
Relying on the high-energy ray activation mechanism, the TPID intelligent analysis & authentication system can optionally analyze elements. It can scan deep molecular structure with fine identification to detect the existence of S-DNA taggant at PPM level.
According to the security requirements of the GB4793.1-1995 measurement, control and lab-purposed electrical equipment, China ESI Safety and EMC Testing Center of Electronic Industry conducted a test of the X-ray energy for the intelligent analysis & authentication system submitted by TPID. The test was conducted from different directions: front, back, left, right, top and bottom. The measured value of the instrument is 0μSv/h - 1.2μSv/h, much lower than the standard 5μSv/h; in special, the measured X-ray energy value on its back is 0μSv/h;
therefore, the instrument is absolutely safe to the operator. This test proves that the TPID intelligent analysis & authentication instrument does no harm to human bodies and the environment.
TPID commenced technical exchange with China Banknote Printing and Minting Corporation
发布时间:
On February 9 2006, relevant technicians and marketing personnel of True Product ID Technology (Beijing) Limited (hereunder referred to as TPID) conducted further negotiation and exchange with the specialists from the technical center of China Banknote Printing and Minting Corportation about the anti-counterfeiting technology in the banknote printing and minting field and the issues with the facilities, based on the application of the S-DNA elemental taggant information technology in the fields. It draw great interest and good evaluation of all anti-counterfeiting specialists present at the meeting who are the technical elites of the Chinese anti-counterfeiting industry. This technical exchange promoted the mutual understanding of the two parties and paved an excellent foundation for the future cooperation.
China Banknote Printing and Minting Corporation is the legal banknote manufacturer of China, subordinating 22 large and medium-sized enterprises and one technical center. It is engaged in banknote printing, minting, R&D and production of banknotes and bank credit cards, manufacturing of dedicated banknote printing and minting machines and bank facilities, high-purity gold and silver refinement, production and management of security printing for value-added special invoices, securities, special bank bills and advanced anti-counterfeiting certificates. It is highly authoritative in the R&D and application of anti-counterfeiting technologies.
At the meeting, the TPID personnel conducted a complete introduction to the “TPID Authentication Management System” to vividly demonstrate its features and advantages including its security, accuracy, low application cost, powerful identification capability and asset protection capability, and gave detailed answers to the questions of the specialists who expressed their recognition of our “S-DNA elemental taggant” technology and great interest in the powerful functions of the intelligent analysis & authentication system. The specialists unanimously believed that the “TPID Authentication Management System” will play an important role once applied in the fields of banking, taxation and securities, etc.
Mr. Li Xiaowei, director, Mr. Ma Zhijun, vice dirctor of the technical center of China Banknote Printing and Minting Corporation and Mr. Zeng Yi, general manager of TPID participated the technical exchange.
TPID allies with Brand315.com to crate a World Free of Theft”
发布时间:
In the eve of the grand “5.15” Consumers’ Day, True Product ID Technology (Beijing) Limited (hereunder referred to as TPID) and China Consumer News, after more than one month’s negotiation, agreed to establish a “3.15” platform for consumers and free them from worries.
The two parties will set “Brand3.15 Anti-counterfeiting Query System” as their platform. This system is a department based on the Brand315.com to provide anti-counterfeiting consultation services. By now, it has become an enterprise-oriented platform for consumption information collection, fairly prestigious among consumers. Among the consumer product manufactures home and abroad, it has been enjoying considerable fames and possesses natural resources and advantages in anti-counterfeiting.
Relying on this platform assisted with the world-leading “S-DNA elemental taggant information” technology of TPID, as well as the Brand3.15 query terminals installed in all large supermarkets, consumers can randomly verify the identity of the products they buy, which will then ultimately prevent the illegal venturing behaviors, protect the rights of both consumers and enterprises, and set up a safe and harmonious consumption environment.
“Anti-counterfeiting is not a method but our objective”. We are committed to creating a purified consumption environment allowing no space for counterfeiting, in which consumers can shop without worrying about anything. TPID allies with China Consumer News, which indicates the operation concept of “Ally for mutual supplementation”. Relying on our joint efforts, we are confident to fully promote the “Brand315.com System” to the society to build up considerable social influence and guide consumers to form a chronic consumption consciousness.
True Product ID Technology (Beijing) Limited attended security technological proseminar on national foodstuff packing 发布时间:
From December 19th to 20th 2005, the China National Foodstuff Packaging Security Technology Seminar was held by China National Packaging Corporation and China National Quality Supervision Test Center for Packaging Products (Chengdu) and saw a great success. The Seminar drew considerable attention from various press media, including the economy and science channels of CCTV (CCTV 2 and 10), Chengdu TV, Guangzhou TV and related newspapers. CCTV 2 gave a complete report of this Seminar at the noon right after the meeting. As the True Product ID authentication and anti-counterfeiting enterprise, TPID Technology (Beijing) Limited sent related technical and business personnel to the Seminar.
More than 20 VIPs attended the Seminar, including Ms Liu Yi, Chief of Small-Middle Enterprise Department of China National Development and Reform Commission, Mr. Cao Yabin, section chief of Certification Accreditation Administration of the People’s Republic of China, Mr. Yu Yajie, director of China National Packaging Corporation, Mr. Yang Qiang, vice director of China National Food Industry Association (CNFIA), Mr. Deng Hai, director of China National Poison Control Center, Mr. Guo Baohua, director of China National Military Packaging Work Office, and so on. Besides, the meeting also saw about 50 enterprises from such fields as printing ink, packaging, printing and foodstuff production, etc.
Focused on the topic of “Health Packaging and Safe Food”, the meeting witnessed wonderful lectures by some specialists, for example, Ensure Food Security and Construct A Harmonious Society by Mr. Yang Qiang, director of Quality Management Department of CNFIA, About Occupational Poison in Food Industry by Mr. Deng Hai of China National Poison Control Center, and other speeches by Mr. Guo Baohua, director of China National Military Packaging Work Office, Mr. Ma Junhui, senior engineer of China National Packaging Product Quality Supervision Test Center, Mr. Liang Zhimin, vice bureau chief of Lanzhou Municipal Bureau of Quality and Technical Supervision and Mr. Wang Yuande, director of Technical Department of China National Export Commodities Institute, which were applauded by all the participants.
At the seminar, TPID introduced its TPID authentication management System and its applications to the related administrative authorities and foodstuff packaging enterprises, which met the unanimous approval of present leaders and enterprise delegates.
Our TPID authentication management System drew great concern at the “Anti-counterfeiting, Production and Authentication Technology Demonstration for 2008 Olympic Games Certificates and Tickets” organized by China Anti-counterfeiting Technology Association.
As per the Article No.22 (2005) of Olympic Games Organization Committee, China Anti-Counterfeiting Technology Association activated the project of anti-counterfeiting, production and authentication technology study and evaluation for Olympic Games certificates and tickets, and has organized a number of technology exhibitions and demonstrations. The No.10 demonstration was held at The First Research Institute of Ministry OF Public Security of PRC on December 15th of 2005, and TPID was invited to it.
The Seminar also received some VIPs from the Ministry of Public Security, including Mr. Shen Zhigong, general engineer of Technical Bureau of the Ministry of Public Security, Mr. Zhu Fugang, Technology R&D section chief of Technology Bureau of Ministry of Public Security, Mr. Zhang Jinshan, vice section chief of Quality and Technology Supervision Section, Technology Bureau of Ministry of Public Security, Mr. Chen Jiannan, vice chief of The First Institute of Ministry of Public Security, Mr. Xiang Xianzhi, council chief, Mr. Cao Kaixing and Ms Feng Shuxian, vice council chief, Ms Liu Meimei, vice secretary-general of China National Anti-counterfeiting Technology Association, anti-counterfeiting technical experts involved in the review and representatives of related technical units.
At the demonstration, Mr. Ceng Yi, general manager and Mr. Zuo Lie, vice general manager of our company gave a detailed introduction to the TPID authentication management System to all specialists at present, and performed on-site tagging and check presentation on different media (such as printing ink, rubber, metal, paper and cloth). They emphasized the system application in the anti-counterfeiting and authentication of Olympics certificates and tickets, and expatiated on the application scheme of the working system.
Through a complete and vivid demonstration on the “low application cost, high security, permanent existence, accurate uniqueness, strong identifiability, wide application and asset protection” of the TPID authentication management System, all the specialists were deeply impressed and paid significant attention to the system.
To host 2008 Olympic Games in Beijing is a world-level event. The work related with the manufacturing and check of registration cards, certificates and entrance tickets is what Beijing Olympic Committee is most concerned. TPID will try to apply our technology perfectly in the anti-counterfeiting for certificates and tickets and the corresponding authentication technologies.
TPID will leave no space for counterfeiting! Let’s jointly create a “True Product ID” Olympic Games!
True Product ID Technology (Beijing) Limited attended symposium of brand enterprises on counterfeiting fighting and prevention experience exchange and popularization 发布时间:
On December 11th 2005, a Symposium of Brand Enterprises on Counterfeiting Fighting and Prevention Experience Exchange and Popularization” was held in Shenzhen Chutian Hotel under the sponsorship of Brand315.com. As the anti-counterfeiting technology supplier of Brand315.com, TPID Technology (Beijing) Limited sent related technical and business personnel to the meeting.
The meeting also witnessed the presence of Professor Wen Xu from the Institute of Intellectual Property Rights of Zhongshan University and representatives from other enterprises and companies, such as Chint Group, Shanxi Yabao Medicine Group, Shenzhen Neptunus Pharmaceutical Co., Ltd., Chengdu Diao Group, Yunnan Baiyao Group, Zhejiang Kang En Bei Co. Ltd., Hangzhou Hongyan Appliances Co., Ltd., Huali Instrumentations Group, Hangzhou Mingsheng Pharmacy Group, Shanghai Koito Auto Lamp Co., Ltd., Shanghai Goldpartner Biotech Co., Ltd., Greatwall Lubricating Oil Group Company of China Petroleum & Chemical Corporation, Beijing Double-Crane Pharmaceutical Co., Ltd., Xi’an Lijun Pharmaceutical Co., Ltd., Shenzhen Joincare Pharmaceutical Co., Ltd., GuangZhou Baiyunshan Pharmaceutical Stock Co., Ltd., the Modern Chinese Medicine Academy of Hutchison Whampoa Guangzhou Baiyunshan Chinese Medicine Company Limited, Guangzhou Chenliji Pharmaceutical Factory, Qihao Tucano Group, Hudson Group and Zibo Taibao (Group) Limited, and legislative enforcement personnel from Jieyang Municipal Bureau of Public Security, Anhui Fuyang Municipal Bureau of Public Security, Henan Anyang Municipal Bureau of Pharmacy Supervision.
The objective of this meeting was to combine anti-counterfeiting technologies, enterprises fighting against counterfeiting with the enforcement authorities to provide technical support and logistic guaranty for brand enterprises on counterfeiting fighting and prevention.
The meeting firstly heard the addresses by the honorable guests: Mr. Qi Xuan, secretary-general of China Association of Technical Supervision Information, Mr. Zhang Tianen, bureau chief of Henan Anyang Municipal Bureau of Pharmacy Supervision, Mr. James, board chairman of SSTY and Mr. William Chan, CEO of True Product ID Technology (Beijing) Limited. Relevant personnel from Brand315.com reported about the recent work and summarized their experience. At the meeting, TPID gave an introduction to and demonstration of the TPID authentication management System. Mr. Wen Xu, a professor invited from the Institute of Intellectual Property Rights of Zhongshan University addressed a lecture on intellectual property rights protection. The participants exchanged their experience and discussed a lot about the combination of counterfeiting fighting and prevention.
During the demonstration of the TPID authentication management System, Mr. Zuo Lie, vice general manager of TPID, introduced the company profile and some details of the system including its definition, compositions, features, application fields and solutions to individual industries. Mr. Zeng Yi, general manager of TPID, and Ms Ding Jie and Mr. Yang Xunyu, technicians of TPID, conducted the technical presentation.
The demonstration contents included: (1) Sticking a “315 Combined Anti-counterfeiting Label” on the packing of medicine and coating the S-DNA tagging fluid directly on the packing, and then scanning the medicine with the special scanner; (2) Sticking a “315 Combined Anti-counterfeiting Label” on a hard disk and coating the S-DNA tagging fluid directly on the hard disk surface, and then scanning the hard disk with a special scanner; (3) Adding the S-DNA tagging fluid in the stamp-pad ink for seal and stamping a piece of ordinary white paper with the stamp-pad ink. After scanning and confirmation, burn the stamped paper, collecting the ash and scanning it, and the original information was authenticated again.
The wonderful introduction and demonstration of the TPID authentication management System push the meeting to the climax. All the brand enterprises at present expressed great interest in the system, and some of them even viewed it as the best anti-counterfeiting technology they had witnessed which could not only fight against counterfeiting but also prevent cross-region sales. Many of the enterprise representatives immediately stated that they would apply this system on their products as soon as possible.
TPID Technology (Beijing) Limited and Brand315.com jointly attended 2005 First Chinese Trademark Festival 发布时间:
2005 First Chinese Trademark Festival was opened in Shenzhen Exhibition Center on December 9, 2005. It was an international event of the greatest scale held in the Chinese trademark industry by now, under the sponsorship of Shenzhen Municipal Government, Chinese Trademark Association and China International Exhibition Center Group Corporation assisted by Boao Forum for Asia and under the approval of China State Administration for Industry & Commerce and China Council for the Promotion of International Trade (CCPIT).
The topic of this Trademark Festival was “Create Fortune via Trademarks”. The Festival gave a complete and vivid exhibition and description of the national and provincial trademark development through various methods. Meanwhile, many Chinese and foreign enterprise brand images were shown at the festival. Over 800 renowned enterprises went to the stage presentation, including Harbin Pharmaceutical Group, Hongdou Group, Beijing Yanjing Brewery Co., Ltd., Wuliangye Group Co., Ltd., Huawei Technologies Co., Ltd., KONKA Group, and so on.
TPID Technology (Beijing) Limited organized a delegation of over 10 technicians and sales personnel to the Trademark Festival. As the technology supplier, TPID cooperated with Brand315.com to set up a platform in the trademark service enterprise area for the Trademark Festival to exhibit not only the achievements of TPID authentication and management and Brand315.com on brand protection and anti-counterfeiting, but also the new generation of “Brand315 Anti-counterfeiting Label” processed through the TPID authentication management System.
During the three-day exhibition, our exhibition platform was always surrounded with visitors. Our business personnel gave an excellent technical demonstration of the TPID authentication management System to the visitors and enterprise representatives and fully exhibited our company image and technical force. Many famous brand enterprises showed a considerable interest in our technologies and products, such as Yunnan Baiyao, Hudson Shoe Making Industry, Guangzhou Baiyunshan Pharmaceutical Co., Ltd., Wanbao Electrical Appliances, 999 Group, Yabao Pharmaceutical Co., Ltd., Tibet Pharmaceutical Group, Greatwall Lubricating Oil Group Company, Hunan Changde Cigarette Factory, Baisha Group, Changchai Co., Ltd. and Hans Beer.
Some trademark agencies and legal service organizations also expressed their intentions on the franchise of our technologies and products. The relevant personnel of Shenzhen Municipal Anti-counterfeiting Association especially came to our exhibition platform to discuss with our personnel friendly on the cooperation for the S-DNA elemental taggant information technology, saying that they would like to cooperate with our company on the related technologies.
Our TPID security technology obtained significant breakthroughs
NEWS FROM MOFCOM
MOFCOM Holding a Symposium with Industry Associations 2006-03-15 09:19 MOFCOM
Recently, the Ministry of Commerce held a symposium with 18 industry associations, heard suggestions of them on commercial work. Minister Bo Xilai, Vice Minister Yu Guangzhou and Gao Hucheng, and principals from China Federation Of Industrial Economics, China Machinery Industry Federation, China Federation of Light Industry Association, China National Textile Industry Council, China Petroleum and Chemical Industry Association, China Non-Ferrous Metals Industry Association and China General Chamber of Commerce took part in the Symposium. Besides, persons in charge from China Chamber of Commerce for Import and Export of Textiles, China Chamber of Commerce for Import and Export of Light Industrial Products and Arts-Crafts, China Chamber of Commerce for Import and Export of Foodstuffs and China Chamber of Commerce for Import and Export of Machinery and Electronic Products participated the Symposium.
The representatives said at the Symposium that the Ministry of Commerce contacted closely and communicated extensively with industry associations, especially heard suggestions of the associations in the process of applying trade remedy measures, maintaining security of domestic industries, responding to trade frictions and launching multi-lateral negotiations so as to better defend interests of domestic industries and enterprises.
Chen Shineng, Director of China Federation of Light Industry Association, said that in recent years, a linkage mechanism among enterprises, associations and government played a remarkable role in the process of response to trade frictions and obtained favorable achievements. Du Yuzhou, President of China National Textile Industry Council, said that the Ministry of Commerce guided and assisted the work of the Council and close relationship with relative MOFCOM departments was set up. Yang Weicai, Vice-Chairman of the China Petroleum and Chemical Industry Association, said that the Association was willing to cooperate with the Ministry to play an important role to maintain the security of domestic industries. Meanwhile, the representative of associations put forward suggestions on foreign negotiations, launching of anti-dumping investigation, foster of proprietary intellectual property rights and implementation of brand strategy.
Mr. Bo Xilai said after the hearing of speeches of the representatives that the Ministry of Commerce, as an administrative department in charge of domestic trade and foreign economic cooperation, should successfully accomplish the mission of serving enterprises better, which was also the starting point and the goal. Industry associations and I&E Chambers of Commerce had outstanding talents, abundant experiences, exact information and close relations with enterprises, and became the important and indispensable bridge between government and enterprises. At this Symposium, the Ministry gained real, latest, worthy and first-hand information, much helpful to scientific decision and better work. The Ministry would earnestly study the suggestions.
Mr. Bo Xilai said that the Ministry would hear much more the suggestions of chambers of commerce and associations in the future in work of policies draft and foreign negotiations, would depend on the institutions to pool ideas to do better works of commerce with mutual efforts and to maintain better the basic interests of Chinese enterprises. Meanwhile, the Ministry should be more active to enhance the connections with chambers of commerce and associations, should share information and support work of them.
(Source: Network Center of MOFCOM)
6th Round Negotiation of China-New Zealand FTA Held in Beijing Wednesday,March 15,2006 Posted: 09:13 BJT(0113 GMT) MOFCOM
The 6th Round Negotiation of China-New Zealand FTA negotiation was held in Beijing from March 7 to 10, 2006, the Chinese delegation, including representatives from the Ministry of Commerce, Ministry of Foreign Affairs, NDRC, Ministry of Finance, Ministry of Agriculture, China's Customs and AQSIQ, and delegation from New Zealand held talks. Vice Minister of Commerce Yi Xiaozhun met with members of New Zealand delegation.
China-New Zealand FTA was the first free trade area for China to negotiate with developed countries. In the 4-day negotiations, China and New Zealand deeply negotiated topics of goods trade, service trade, investment, trade remedy, IPR, settlement of dispute, rules of origin, Customs cooperation, animal and plant inspection and quarantine measures and technical barriers to trade, and strengthened the consensus. The Negotiation made a positive progress.
In recent years, China-New Zealand Trade and Economic Relations developed rapidly, and bilateral trade in 2005 amounted to US$2.68 billion, 2.5 times of that in 2000. The two countries deepened cooperation day by day in areas of service trade and investment. In Nov., 2004, Chinese President Hu Jintao and New Zealand Prime Minister Helen Clark announced together the launching of China-New Zealand FTA negotiation and the two sides held 6 rounds of negotiation in China and New Zealand respectively. China-New Zealand FTA will cover fields of goods trade, service trade, investment, economic and technological cooperation, its establishment will further deepen the friendly cooperation relations and promote bilateral trade and economic relations to a new stage.
The 7th Round Negotiation will be held in May in New Zealand.
(Source: Network Center of MOFCOM)
mx10001. sorry, I read it wrong, we should have an interesting day. I will be adding to my position today, good luck.
mx10001 and bigmellon if you don't like all the great dd that I have done on this stock, just ignore me and please don't respond to any of my posts. I don't care to hear any more of your bu###sh####it.
DSP, thanks for your reply. In this paragraph it states that "you have to buy 2 days before the record date which is normally the x dividend date set by the company".
Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. Purchase a stock on its ex-dividend date or after and you will not receive the next dividend payment. Instead, the seller gets the dividend. Purchase before the ex-dividend date, and you get the dividend.
I just called my ameritrade representative this morning and here is what he told me:
I just called my ameritrade representative and he read the press release on pink sheets while I was on the phone with him. He also checked the records to see if there has been an x dividend date or pay date set and there is no x date or pay date set. He said that the record date is set for 3/15/06 and that I have until close of business on the 15th to buy shares and still qualify for the dividend. He also stated that since there is no x dividend date set then the x dividend date will have to be after, usually 3 to 5 days after the record date and that the company will probably soon release the information on the pay date which could be sometime after the x dividend date.
I told him the reason I am so concerned is that the non-marginable funds were supposed to be available in my account today but they will not be available until tomorrow.
So according to the ameritrade representative we still have until tomorrow to buy ssty shares to qualify for the tpid dividend.
So Mr. bigmellons if this is all monkey biz, what do you think of my recent post about our products and applications. I would like to read your response on how this great technology and the progress the company has made is "monkey biz" LOL
Suretrace Security Products and Applications
Sure Trace Security Corporation is in the business of bringing advanced security technologies and solutions to the global marketplace.
Through marrying chemical and biometric engineering, and advanced scanning technology with proven security procedures and asset solutions, Sure Trace is positioned to become the global provider of security systems, services and products.
Our Vision
Our vision is to become the world leader in the provision of anti-counterfeiting, brand and product authentication, and security products and services.
OUR PRODUCTS
Our marking process involves the application of a combination of inorganic elements. These elements penetrate the surface of an object and a molecular bond is formed. The method of application can vary depending on the item to be marked. The coded elements may be placed on an object using a colorless carrier rendering them invisible to the human eye, or can include a fluorescent element so they glow under UV light. The specific ratios of elements that make up the synthetic DNA create a unique identity code for a specific client, or a specific product, division, or product run within the client's area of concern. The number of potential mix ratios or identity codes is in the billions.
Depending on the surface structure, between 75-80% of the chemical penetrates and bonds with the item's molecular structure. Once the SDNA has entered the item, its removal, whether by chemical solvent or abrasion, is extremely difficult. Total removal of the SDNA that has penetrated the item is impossible without destruction of the marked item. We have tested and proven our capability to introduce a synthetic DNA into a product during the manufacturing process. This enables us to invisibly attach information about the product via this chemical DNA. SDNA can be applied to industrial parts, garments/apparel, VCR's, jewelry, CD's, sporting goods, and many more products.
This technology works hand-in-hand with our SDNA. Like the common commercial bar code scanner, our wireless hand-held analyzer is used to identify the synthetic DNA codes and present specific information associated with the marking. This analysis can identify, for example, the legitimate owner of the marked item, the production run it came from, or whether the product is genuine, or a counterfeit or contraband product.
Each of the atomic elements present in a product produces a unique set of characteristic x-rays that is a 'fingerprint' for that specific element. Our analyzer determines the chemistry of a sample by measuring the spectrum of these x-rays emitted by the different elements in the product when it is illuminated by high-energy photons (x-rays or gamma rays). When a product is measured via our XRF scanners, each element present in the product emits its own unique fluorescent x-ray energy spectrum. By inducing and measuring a wide spectrum of the range of different characteristic fluorescent x-rays emitted by the different elements in the product, our hand-held XRF analyzers can rapidly determine the elements present in the product and their relative concentrations - in other words, the 'fingerprint' of the product.
I.D.ology's Document Security Program works to help private-sector organizations mark and verify critical documents such as security and bond certificates, legal contracts, corporate ID cards, etc. Public-sector applications include National ID cards, passports, and currency. Our SDNA and hand-held scanners offer immediate and absolute verification of original documents. The SNDA can be applied either post-production or during the production process where it is incorporated directly into the ink or paper.
Our Document Security Program is divided into two phases. The first is the investigative and development phase whereby the ideal application of the SDNA is determined. Third party testing is provided to ensure that no toxicity is introduced to the documents, that our SDNA is compatible and won't denature the ink or paper, and that sufficient amounts of SDNA will be present to ensure an absolute read from the hand-held scanners. Threat/Risk Assessments can be provided to those clients who are unfamiliar with how to safeguard, store and handle security products.
Upon completion of Phase 1, the customer is presented with a Production Plan detailing how our SDNA will be integrated into the document production process and where on the document the mark is to be placed. It includes third party test results and the complete implementation strategy, including the provision and training of field inspectors for the hand-held scanners. There is a sign-off portion for the client to contractually commit to the full implementation of the Production Plan (Phase Two).
Hand-held scanners are sold to field inspectors. For security purposes, the field inspector changes from application to application. For example, in private-sector applications where a corporation uses our product to mark employee security passes, the security guard personnel would be the field inspector; for marked bond or stock certificates, it may be their transfer agent.
In public-sector applications, the field inspector would also change based on the application. For example, if Passports are the marked documents, Customs and Immigration officers would use the hand-held scanners to spot-check passports for authenticity. In the case of currency, the central bank and commercial banks would use the scanners to authenticate questionable notes.
In all cases, I.D.ology provides all the necessary training and support to the field investigators to ensure the proper use of the hand-held scanners.
Our turn-key process takes the client from beginning through to the field authentication of their products step-by-step. We integrate our SDNA into the production process with as little interruption as possible, and ensuring its integration through third party verification of toxicity, compatibility and durability. These Medical Safety Data Sheets (MSDS) are provided to the client as part of our production plan, to assure them that our SDNA will not adversely affect their product or packaging quality or their customers' enjoyment of the product.
Phase One of our process is the investigative and development phase whereby the ideal application of the SDNA is determined. This process culminates in the presentation of a Production Plan. During this initial process, our chemists and production staff work with the client to determine where, how and when to introduce our SDNA into their production processes. We use samples of the client's product, applying SDNA and performing a series of tests to ensure that it can be read by our field scanners with absolute accuracy. I.D.ology offers a Threat/Risk Assessment service to assist our clients in protecting the integrity of those assets which are secure in nature and require special 'confidential' treatment in their handling, storage and awareness.
At this point, a Production Plan is presented to the client. The Production Plan includes a comprehensive outline of how the field/audit investigation program will be implemented. This portion of the plan describes how traditional sources of tips, such as field sales reps, distribution chain intelligence reports, customer feedback, and secret shoppers, will be incorporated into the program to trigger in-depth investigation by the client's security firm.
The Production Plan also outlines our pro-active audit of product in the retail chain, providing another source of counterfeit or contraband leads. This document details the procedures and policies for when these leads trigger an investigation by the security provider, outlining what action is to be taken when the investigator uncovers counterfeit/contraband product, and guidelines on how, and to what degree, the investigation should proceed.
Using highly qualified independent security investigators provides the critical Chain of Custody and Chain of Evidence needed when the client chooses to pursue civil or criminal proceedings against a counterfeit dealer or distributor.
I.D.ology's Loss Prevention Program is a complete solution to help our clients reduce and eliminate theft by employees and/or subcontractors. Our program includes perforated labels, similar to those used on automobile license plates, and our SDNA with fluorescence added to allow for immediate field verification of the asset. It also includes a complete array of education and awareness brochures and demonstrations to assist our clients in communicating their loss-prevention program to their employee community.
Our label is affixed to the asset, with the SDNA applied over top of the label. The chemical permeates the label through the perforations, bonding molecularly with the asset. Even if the label is forcibly removed, and the area beneath sanded, heated, or subjected to an acid bath, our SDNA remains intact, ensuring that it remains in place indefinitely for laboratory testing. It is worth noting that awareness of the program and the power of the fluorescent SDNA proves to be enough of a deterrent that our clients rarely need to use laboratory testing to prove ownership.
On average, our clients have experienced a drop in employee-related theft of 50%-80%, and in some cases, theft has been reduced by as much as 90%!
An effective and ongoing educational program is the foundation of all successful asset protection programs. It is important that all employees, management staff, contractors and their employees, as well as visitors, be included in this program. The educational component should impart all corporate policies, their objectives, the technologies used, specifics on how each technology works, and how the program mutually benefits the organization and its employees, supervisors, management and asset protection staff.
I.D.ology works with your staff to develop the curriculum for each group mentioned. We are also committed to assist your organization in its efforts to publish in the following formats, noting that education can take many forms dependent on the audience. These can include:
• Classroom lectures
• Brochure and handout memorandums
• Video tape presentations
• Power point presentations
• Interactive company website
On completion of Phase One, the Production Plan is presented to the client, which becomes our agreement to proceed with the delivery of our products and services as defined within the document. The client's approval signature on the Production Plan contractually permits us to begin the full implementation of our Anti-Counterfeit Program (Phase Two), setting in motion the full production of the SDNA, and scheduling the delivery of the products and services described in the document.
The objective of I.D.ology's Threat/Risk Assessment services is to assist our clients in protecting the integrity of those activities and assets which are secure in nature and require special 'confidential' treatment in their handling, storage and awareness.
I.D.ology can provide a comprehensive security threat/risk assessment that helps our clients understand the various policies and procedures to be considered when implementing our security product into their product production. Assessment areas include:
• All sensitive information is properly designated, classified, and secured
• Secure storage site survey, including access control, surveillance, personnel security checks, etc.
• Records maintenance, including video and entry/exit information and data storage, etc.
• Security breech protocols and procedures - overall security protocols and procedures
• Identification and listing of important assets
• Security designations and/or clearances for employees and contractors with sensitive duties and positions
• Clearly indicate security requirements for work performed under contract
• Continuous review of security in regard to data and assets visa vie threats and risks.
In order to develop evidentiary material acceptable to district prosecutors charged with the responsibility of bringing counterfeiters to justice, or for use in civil litigation, the gathering and documenting of evidence must be accomplished by either law enforcement personnel or licensed investigators. I.D.ology works with a number of investigative service providers, to supply training and certification on our scanner-analyzers and to integrate their activities with our programs.
The owner of the asset works directly with their own security firm to develop a complete field investigation plan. This investigation plan traces the counterfeit source to the counterfeit producers and helps advance the investigation through the court system. When suspected counterfeit sales locations are identified through the brand owner, sales force, dealers, distributors, or I.D.ology's Field Auditors, the security official establishes an investigation plan with their investigative security provider. The brand owner's investigative services force will use the same portable scanner used by our Field Auditors, allowing them to confirm suspicions immediately, rather than waiting weeks for laboratory findings.
By making it possible to confirm counterfeit or contraband materials on the spot, our scanner gives the investigator the critical ability to react immediately, initiating surveillance, establishing rapport with the suspect, or buying out the remaining inventory to trigger a reorder of counterfeit/contraband product, thereby providing an investigative path to move closer to the counterfeit production source.
Authenticating documents in the field requires a comprehensive approach to marking and auditing documents. It begins with a well thought out marking plan that identifies where on the document the Synthetic DNA is to be applied. Proper documentation of all marked items and the use of the powerful scanner-analyzer in the field allows for immediate authentication of documents at a variety of client-established checkpoints. We develop a field authentication program with our clients to train the necessary field personnel in the proper use of the scanner. This ensures positive identification every time.
The field auditor will change based upon the application. Potential auditors in the private sector might be:
• Stock and Bond Certificates - Transfer Agent
• Legal Contracts - Corporate Counsel
• I.D. Cards - Security Personnel
Potential auditors in the public sector might be:
• Passports and National I.D. Cards - Customs and Immigration personnel
• Paper Currency - Bank personnel
• Bills of Lading - Port Authorities or Private Security
Authenticating corporate assets in the field requires a comprehensive approach to marking and checking of assets. It begins with a well thought out marking plan that identifies which assets are to be labeled and marked, and where on each asset the label and Synthetic DNA is to be applied. Proper documentation of all marked items and the use of the powerful scanner quickly identifies products as they enter and exit corporate facilities. Our Loss Prevention program augments our SDNA with a color fluorescence that reflects an easily identifiable color when exposed to UV light. I.D.ology provides high-powered UV lights that are effective in triggering fluorescence from marked items from a distance of several feet.
Should an asset be found to be in the possession of someone who should not have it, laboratory analysis can further identify the unique SDNA code embedded into the item, providing the rightful owner of the asset with irrefutable evidence when prosecuting theft.
I.D.ology employs, on a subcontract basis, security personnel as Field Auditors. Their only role is to uncover counterfeit/contraband evidence in the field. Using I.D.ology's Field Auditor services, brand owners can substantially reduce many of the out-of-pocket costs previously associated with the Secret Shopper model.
Our Field Auditors use our portable scanning technology to determine authenticity in the field, thereby eliminating the need to ship products to the laboratory for verification, and doing away with shipping and laboratory costs. In many cases, it is possible to return authentic products for refund, which will reduce out-of-pocket expenses even further. Our Field Auditor model eliminates blind shopping and significantly reduces non-labor expenses.
Our Field Auditors maintain a level of experience comparable to law enforcement or military personnel. They are not uniformed, are bonded, and report to area supervisors that are licensed investigators. Area supervisors confirm and report to the brand owner all instances of counterfeit/contraband found by the Field Auditor. The responsibilities of the Field Auditor are limited to stimuli development and they are not involved in any follow-up investigations, which is the responsibility of the brand owner's investigative services provider.
Benefits of Licensing
• Payment of license rights and annual administration fee easily recoverable from possible sub-licensing and royalties
• Increased market penetration
• Market expansion through sub-licensing
• Introduction of new products into established licensee's group
• Protected specific licensed markets
• Protected specific licensed territories
• Potential cross-marketing between licensees in one market with another in a different market
For more information about becoming a licensee, please fill out this form
License Information Request
Use Tab key to move between fields.
First Name:
Last Name:
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How do you see integrating our product in your business?
Frequently asked questions
Q: What can the product be applied to?
A: We can incorporate our technology in virtually any product or material, including metals, plastics, ink, etc.
Q: How is my code different than the next one?
A: The technology has been referred to as a synthetic DNA because of the number of codes that can be reproduced.
Q: Can the technology be incorporated directly into packaging materials?
A: Yes.
Q: Is the tag visible?
A: Most of our clients prefer the invisible tags, and some implement both covert and overt tags.
Q: If it’s invisible, how does anyone know it’s tagged?
A: During the implementation process, we attach WARNING labels to each asset that is tagged, and large WARNING signs are posted on the premises. We also implement an awareness program.
Q: How do we inform our employees of the program?
A: During our consultation process we will identify the best methods for the implementation of the awareness program. We may use one or more of the following: Power Point presentations, brochures, posters, newsletters, demonstrations, etc.
Q: What kind of information can you attach to a tag?
A: There are various customizable fields of information available to each item tag, such as 'Manufacture:', 'Warranty:', 'Buyer:', 'Order No.:', etc. The instrument can also be linked to a database, providing unlimited information.
Q: How is the product applied in asset protection?
A: For Asset Protection, the product is very similar to a drop of water. It can be applied using a brush, roller, stamp, pen, etc.
Q: How is the product applied in product authentication?
A: Our product can often be implemented into an existing phase of production, keeping implementation costs low.
Q: What is the cost to implement the technology?
A: The technology is the most cost effective technology currently available for asset protection. Depending on volume, the cost can be as low as pennies per application.
Q: What kind of track record does the technology have?
A: Our technology has been used for over 14 years by many major corporations. Many of our clients reported reduced losses of up to 90%! Program costs have been recovered in as little as 3 weeks.
Q: What about detection?
A: Once the asset protection program is in place, security or management personnel can quickly and easily identify market items by using I.D.ology's special detection equipment.
Q: Is it possible to have custom applications?
A: I.D.ology will consult with management to create a program unique to the client. In one way or another, nearly all of our programs are customized.
Q: Does the I.D. ology program enhance employee relations?
A: Yes, we have many companies that report an improved workplace environment as a result of taking steps to protect corporate assets.
The Market
I.D. theft has been identified as the world's faster growing crime. According to 2 studies done in July 2003, approximately 7 million people in the US became victims of identity theft in the previous 12 months. The incidence of victimization increased 80% between 2002 and 2003. The estimated cost in time and money to correct identity theft in the US was over $52 Billion and over 297 Million hours in 2003 alone.
Identity theft is more common that one might think. The most common identity theft victims had new accounts fraudulently opened in their names, misuse of their existing credit cards or credit card numbers, or misuse of other types of accounts. Fraudulent access to drivers' licenses, passports, and other identification documents is another common type of identity theft.
Passport Fraud:
...As the world we live in becomes more and more 'global', criminals - just like legitimate business people - are looking abroad to extend their trade. Since criminals need ID papers to cross international borders and they generally travel under a false identity, passport fraud is an increasingly widespread problem...
- The British Council © 2003
Currency counterfeiting is one of the oldest crimes in history. In earlier times, coins were exclusively counterfeited. This changed when banknotes were first introduced, in the middle of the 19 th century. This forced governments to act in response to this new trend. For instance, the US Secret Service was founded in 1865 to suppress counterfeiting.Counterfeiting has been substantially reduced since the establishment of special law enforcement units designed to fight against this crime in all major economies. However, with computer technology and modern photographic and printing devices making the production of counterfeit money relatively easy, this crime continues to represent a potential danger to a country's economy and a source of financial loss to its citizens. Governments continue to try to stay one step ahead of the criminals by implementing new security features with the production of their currencies that are difficult for counterfeiters to reproduce. These include such things as watermarks, security threads, and color-shifting ink. But the counterfeiters often do not even bother to try to reproduce notes with these features, instead gambling that the cash-handlers and the public will not check their money.
Currency Counterfeiting:
...Today, counterfeiting once again is on the rise. One reason for this is the ease and speed with which large quantities of counterfeit currency can be produced using modern photographic and printing equipment...
- United States Secret Service
One of the fastest growing economic crimes, intellectual property abuse and counterfeiting is costing companies around the world a staggering $200billion - $400billion per year. Research and investigations have linked counterfeit products with a number of criminal and terrorist organizations around the world, including Hezbollah, Al-Qaeda, the Mafia, Triads, and drug cartels, to name a few. Piracy and counterfeiting is highly profitable for these and other groups, providing funding for them to expand their criminal activities. Intellectual property abuse damages economies and stifles innovation and creativity.
Product and brand counterfeiting is much more than the knock-off 'Rolex' watches, pirated videos, etc. Extremely vulnerable products at this moment include pharmaceuticals, clothing, and computer software. Counterfeit goods also include auto and aircraft parts, baby formula, cosmetics, medical devices - in fact, nearly anything.
The cost of counterfeit products and brands include safety, jobs, tax avoidance and business losses. Airliners and helicopters containing counterfeit components have crashed. Counterfeit automobile brake pads have caused deaths, and counterfeit shampoo has caused hair loss. US businesses have lost an estimated $200billion per year, according to the Department of Commerce. 'Replica' auto parts cost the US auto industry approximately 210,000 jobs. Many counterfeiters pay only a fraction of their true income tax liability, if they pay any at all - which is, of course, made up by the rest of us.
The Cost of Counterfeiting:
...A major perfume designer had to abandon a very successful line of perfume because it had been counterfeited with a dramatically inferior product. Unwary customers who thought they bought the real product complained to the designer of skin rashes and rancid odors from 4 week old products...
...A Norwegian plane crash in 1989 that killed 55 people resulted, in part, from substandard shear bolts and sleeves of an unknown origin..In 1987, 7 children died when a bus they were riding in flipped over. The brakes that were just installed on the bus bore a well-known trademark. Further examination, however, showed they were made of sawdust...
...The World Health Organization (WH)) estimates that counterfeit drugs account for ten percent of all pharmaceuticals. That number can rise to as high as 60% in developing countries. According to WHO, 16% of counterfeit drugs contain the wrong ingredients, 17% contain incorrect amounts of the proper ingredients and 60% have no active ingredients whatsoever...
- International Anti-Counterfeiting Coalition
Anytime an employer issues, or makes available, assets to its employees, it will inevitably experience some degree of theft. Some statistics suggest that as many as 85% of all employees will steal from their employer. In most cases, this amounts to paperclips or pencils, but it is common for tools and portable electronic devices to be taken without authorization.
The Association of Fraud Examiners states that employee theft costs most organizations approximately $9 per employee per day, or $2400 per year for every employee! These losses are passed on to the consumer through increased product and service costs.
Employee Theft:
...The average organization loses about 6% of its total annual revenues to fraud and abuse committed by its own employees...
International Anti-Counterfeiting Coalition
A New Type of Property Insurance becomes Available
On the afternoon of 1 st Nov. 2005, Mr. James R. Mackay, Chairman of SSTY, Mr. Li Ning, President of True Product ID (TPID) Co. Ltd., and Mr. Zhang Jianyong, Vice President of TPID Co. Ltd. had a meeting with the following:
Mrs. Zhang Aimin, the General Manager of Hua Tai Insurance (HTI) Co. Ltd., Ms. Yu Li, chief of Commercial Underwriting Department of HTI, Ms. Song Lifang, chief of Business Insurance Department of HTI, Mr. Wang Hong, Risk Engineer of Commercial Underwriting Department of HTI, and Ms. Wang Wen, Manager of the 5 th Business Department of HTI.
A meeting took place concerning the issues of the procurement of insurance for TPID from HTI, and the cooperation between these two companies through applying the S-DNA technology exclusively possessed by TPID to the Property Insurance and the Product Insurance of HTI.
Product Authentication Reliability Insurance has been being very popular in foreign countries, but this type of insurance is not broadly available to the public in China, though many insurance companies are very eager to try and sell it, especially because of the limitation of current identification technologies.
With brand counterfeiting becoming more serious in China day by day, the S-DNA technology can ensure the authenticity of products. This technology, the most advanced identification technology in the world, is owned and put forward by TPID. During the meeting, the two sides agreed that if the new type of insurance could be practically applied, the Chinese Insurance Industry would be improve a lot, and this would have a profound effect on all aspects of industry.
Further, Mr. Li introduced the important effects of the specific applications for Object Insurance Identification, and Property Insurance Responsibility Identification. The example he gave was the case of Automobile Insurance: Traditionally, compensation from Automobile Insurance only depends on empirical assessment for the condition of a specific car, rather than using advanced technologies to do the assessment. Actually, one of the reasons for many cars to have problems, such as brake malfunctions, tire blowouts, etc, is that the drivers have used counterfeit products. Theoretically, according to relative regulations of Insurance companies, it would be unnecessary for an Insurance company to compensate the policyholders, who caused problems themselves by using counterfeit products. However, the importance lies on how to effectively, duly, and justly find out the direct causes of accidents. For example, find out whether the accidents are caused by using counterfeit fittings or products. TPID has the technology to do this, which can solve the complex technological problems caused by Responsibility Identification and Brand Identification. Using the S-DNA technology exclusively owned by TPID will make insurance companies be able to decrease and perhaps eliminate instances of unnecessarily compensating money. This will not only create a huge profit, but will make insurance companies much stronger and so more able to pay in genuine cases. Having heard Mr. Li’s remarks, the participants of HTI indicated that they would seriously consider Mr. Li’s suggestions, and they would design and discuss relative business and political questions on the issuance of the new type of insurance in China. The representatives of TPID indicated that if the people involved in the insurance industry would like to develop the new type of insurance, and are very clear about the great social influence and remarkable profit it will bring, TPID will be pleased to provide the most advanced Identification technology for product identity and strong technology support for the development and successful implementation of the new insurance type.
The Demonstration of True Product ID Security Authentication and Management in the Great Hall of the People is a Great Success
This autumn, Sure Trace Technology (Beijing) Limited ceremoniously held a Demonstration of True Product ID Security Authentication and Management in The Great Hall of the People, which is connected to the People's Congress in Tiananmen Square, on the afternoon of October 31st, 2005. In the demonstration, Sure Trace Technology (Beijing) Limited introduced their technologies to the relevant national departments, enterprises and institutions, and the media, etc, through a field technology demonstration. The demonstration played a strategically significant role in promoting the application and popularization of this world-leading technology, namely the Authentication and Management of Identity Security.
The more than 70 people attended the demonstration, including: more than 20 leaders of the Security Guard Department of the most important National Divisions, the leaders from The Customs General Administration of PRC, Division of Security of the Chinese People's Political Consultative Conference (CPPCC), China Banking Regulatory Commission, the head office of People's Bank of China, Agricultural Bank of China, the National Energy Conservation and Development Office, China Mobile, China Unicom, Tianjing International Trade Corporation, Everbright Investing Management Limited, The parent company of China Metallurgic Mining Corporation, Beijing ZhuDe International Business Consultation Corporation, HuaSheng Logistics Corporation, Zhongcheng Satellite Technology Center Co., Ltd., etc., the journalists of XinHua News Agency, People's Daily, GuangMing Daily, Legal Daily, Economic Information Daily, Sci-Tech Daily.
The attendance of so many leaders and managers sufficiently shows their faith and eagerness to intensify the security, anti-counterfeit, effective anti-terrorism and the development of their business, through the use of the technology business of Sure Trace Technology (Beijing) Limited. James Mackay, the chairman of the board of directors of SSTY, William Chan, the CEO of Sure Trace Technology (HK) Limited, Li Ning, the president of Sure Trace Technology (Beijing) Limited made the speech; Zeng Yi, the general manager of Sure Trace Technology (Beijing) Limited, and Zuo Lie, the vice general manager of Sure Trace Technology (Beijing) Limited introduced two of True Product ID's technologies, S-DNA and Biometrics, as well as give a field demonstration of their application. The high performance and amazing effects of these two world-leading technologies deeply impressed all the guests. During the demonstration, all the guests and leaders paid great attention to the new technologies; and they believe that it will make the security guard much more effective and play a more significant role if the technologies can be used in the highest national security guard divisions and the security system of the People's Congress Meetings and People's Political Consultation Meetings. The success of this demonstration will promote the application and popularization of the technologies, making the product become the most powerful weapon for the security guard, effective anti-counterfeit and anti-terrorism.
Sure True Technology (Beijing) Limited & EDU INC. Became Strategic Cooperation Partners
On Oct. 27th 2005 the Chairman of the Board of EDU INC. Wilson Chan, together with his colleagues met with the top managers of Sure Trace Technology (Beijing) Limited at the conference room of our company. In the meeting, both parties agreed that they would combine their technologies and resources advantages to promote the “Great China Region Logistics Business Plan” which aims to provide comprehensive logistics and superior quality services for the clients. For this reason, both parties have entered into a close strategic cooperation to negotiate and communicate, and signed a strategic cooperation agreement.
EDU INC. was founded in "BVI" (British Virgin Islands) as a modern Logistics management company. The EDU services include the line business of semi-products and materials, products across industries from starting-point to end point, whilst providing related information, effectively running the whole process. EDU is not simply providing cargos transportation, but covering the whole process of commodities distribution, including transportation of semi-products and materials before manufacturing and the storage of goods before sale. They also perform an extra function, logistics procedure planning, which has never been provided to commodity manufacturers and distributors by the traditional transportation industry in past. At present, it includes China Railway Parcel Express Co., Ltd which covers the railways across the whole of China, Zongheng Liantong International Logistics Co., Ltd. which occupies 80% of the aviation cargo in China, China Changjiang National Shipping (Group) Cooperation which occupies 60% of the Changjiang River post cargo, Shanghai HongDa Wuliu Co., Ltd. which is the one of the top ten synthesis logistics enterprises. Many other large scale logistics enterprises are now successively participating in the logistic synthetic services platform .This platform is provided by the Great China region logistics management plan, which was established by EDU .The aforementioned companies signed the strategic cooperation agreements.
Sure Trace Technology (Beijing) Limited possess the best technologies of their kind in the world, such as Synthetic DNA, GEOTRACK, IDOLOGY, BIOMETRICS, etc., which can be widely applied in various fields of the social economy, playing important roles in product logistics, the authentication of product property, the anti-counterfeit of various goods exchange notes, anti-loss of assets, maintaining brand authentication, responsibility tracing, etc. Its next generation GEOTRACK technology, which combines GPS, GPRS and GMS, can play a significant role in the management and service of logistics through transport.
The estimation of the scale of the third party logistics market of China by the International Monetary Fund(IMF) is about 20 billion dollars. This number is increasing, it will reportedly reach at least 1.335 trillion Yuan RMB in the future. In order to greatly reduce the logistics cost effectively, improve the security and accuracy of the logistic goods, and advance the competitive ability of Chinese brand products across the world, both parties agree to set up the strategic cooperation in the fields of establishing logistic synthetic services platform provided by the Great China region logistics management plan, by providing high-quality services, etc. EDU INC. will apply the technologies of TPID to the Service Platform. Through mutual strategic cooperation on financing, operation and implementation, TPID will provide technological help to more effectively solve the relative problems of the secure operation of the material circulation, and EDU INC will actively promote the broad application of the technologies of TPID on the Service Platform, provide better supply chain logistics services, and so contribute to the healthy development of the national income of China.
News articles
The New Anti-counterfeit Security Technology Presented in Beijing
Beijing-Guang Ming News Daily-31 st October 2005
(This article is translated by a certified translator from
True Product ID, original chinese article can be found at
http://www.gmw.cn/01gmrb/2005-11/01/4453_b.htm )
Regarded as “the new anti-counterfeit security technology”, the S-DNA technology presented in Beijing today, which attracts the attention of relative experts and medium.
According to the Joint Venture, True Product ID ( Beijing) Co. Ltd, the S-DNA technology is an advanced international technology, which uses different elemental compositions to do the work of verifying authentication of objects. It is possible to avoid losses caused by counterfeit products and give a real product a special identification by placing the S-DNA solvent in an object during the process of its production or on the surface of the object. Though the mark of the S-DNA technology is invisible, people are able to use a professional and portable scanner to recognize it at their ease. In accordance with the introduction, the number of the code of each elemental composition is so huge that it is impossible for people to duplicate or repeat it. During the demonstration, the scanner could still recognize the mark of the burned paper, which shows that the scanner is able to recognize marks of an object, only if the carrier of the marks exists.
Meanwhile, the new Biometric Identification Fingerprint technology turned up in the demonstration. Compared with other Fingerprint technologies, the new one possesses two strong advantages:
• It uses polymer (plastic) as the media of the fingerprint technology instead of silicon, and it overcomes all the problems caused by using silicon as the media of other fingerprint technologies, such as brittle, expensive, etc;
• It makes bioelectricity and fingerprint become symbols of identification for revolutionarily combining one’s bio-electricity with his or her fingerprint.
The diplex identification method can find out whether the marked person is dead or is being threatened in time. Once the bioelectricity is proved to be abnormal, the original authorization will be automatically cancelled right away, by which the security and the reliability of fingerprint technology are greatly improved.
WESTON, FL, Oct 20, 2005 (MARKET WIRE via COMTEX) -- TheSUBWAY.com announces the following stocks to its Hot Stocks List: Sure Trace Security Corporation (OTC: SSTY), QUALCOMM Incorporated (NASDAQ: QCOM), Intel Corporation (NASDAQ: INTC), Sun Microsystems Inc. (NASDAQ: SUNW).
October 20, 2005
Sure Trace TheSubway.Com Daily Stock Pick (http://thesubway.com/mydefault.asp) for October 20, 2005
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Ciw%5C2005%5C10%5C20...
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Peter Antipatis of Capital Research Group Inc.
WESTON, FL, Oct 20, 2005 (MARKET WIRE via COMTEX) -- TheSUBWAY.com announces the following stocks to its Hot Stocks List: Sure Trace Security Corporation (OTC: SSTY), QUALCOMM Incorporated (NASDAQ: QCOM), Intel Corporation (NASDAQ: INTC), Sun Microsystems Inc. (NASDAQ: SUNW).
Sure Trace Security Corporation (OTC: SSTY) announced that True Product ID Technology (Beijing) Limited, formerly Sure Trace Technology (Beijing) Limited, has completed a cooperation agreement with The National Brand Cartel Anti-Counterfeit Cooperation Network -- Brand315.com. Brand315 provides security labels to the top 600 of China's national brands. Their clients cover all areas of consumer goods and collectively their clients distribute substantially into the billions of units of goods. Sure Trace produces integrators for anti-counterfeiting and security surveillance applications and is a provider of integrated tracking devices.
Other stocks highlighted include QUALCOMM Incorporated (NASDAQ: QCOM): Hot Stocks List, up 4% on 19 million shares, Intel Corporation (NASDAQ: INTC): Hot Stocks List, down 1% on 91 million shares, Sun Microsystems Inc. (NASDAQ: SUNW): Hot Stocks List, up 1% on 24 million shares.
"A few disappointing earnings releases and some disparate economic data have done their part to stall the market's advance, and political developments abroad have kept investors cautious. But overall tame inflation numbers, though rising over the past few months, solid growth in the domestic economy, and lower unemployment are buffeting the averages from below." More is available at: http://www.thesubway.
TheSUBWAY.com's Daily Stock Updates:
TheSUBWAY.com, a leader in corporate communications and finance, highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed. For more go to http://www.thesubway.com.
All material herein was prepared by Capital Research Group, Inc. (CRG) based upon information believed to be reliable. The information contained herein is not guaranteed by CRG to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.thesubway.com or mentioned herein. CRG has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CRG has been compensated ten million shares for SSTY. CRG has sold approximately zero SSTY shares to date. CRG may sell its shares for less than the target price given in this opinion. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. CRG's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. CRG will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
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Globe Staff Consulting and Sensor Media
Sensor Media
We are Sensor Media Corporation. Every product that we create strives to be environmentally and user friendly. The benefits to you - our customers include products that are safe, reliable, competitively priced and all with outstanding customer service.
Our business and product portfolio includes:
Our solar collection technology product provides a viable energy solution that saves you money. Whether you are a large corporation with multitude of offices/facilities or you're a residential developer looking for alternative energy source, we have a practicable solution for you! Our product is ready for commercialization on a global scale. Licensee opportunities are available.
Environmentally Friendly Energy Now and for Generations to Come Imagine a world where you can produce limitless low-cost energy even when the sky isn't blue.
Imagine no more!
SMC Solar Inc. a division of Sensor Media Corporation has developed a state of the art solar collection system.
By using the sun's energy more efficiently than ever, we can help save our planet's resources and significantly reduce pollution. With SMC Solar Inc., it's easy to do, it saves money and it helps the earth too!
There is nothing else like SMC Solar Inc's. solar collection technology. Solar technologies use the sun's energy and light to provide heat, light, hot water, electricity, and even cooling, for homes, businesses, and industry. Our solar energy collection technology is a renewable energy source. The materials are made from a thin film polymer based solution that uses screen-printing techniques in the manufacturing process. This dramatically reduces raw material costs and allows for mass production in a low cost manufacturing facility resulting the most efficient and cost effective solar system available yet.
The solar collection material is extremely flexible. It can be applied to various frameworks such as Plexiglas, woven fabrics, roofing materials and much more.
Our production method is easily adapted to allow for unique client needs across a broad section of industrial, commercial and residential applications. A single manufacturing line can produce approximately 130 megawatts of sustainable and renewable energy per year.
Every product that we create strives to be environmentally and user friendly. The benefits to you - our customers include products that are safe, reliable, competitively priced and all with outstanding customer service.
Our business & product portfolio includes:
SMC Solar Inc Solar Collection Technology:
• There is nothing else like SMC Solar Inc's. solar collection technology in the world!
• Our solar collection technology product provides a viable energy solution that saves you money. Whether you are a large corporation with multitude of offices/facilities or you're a residential developer looking for alternative energy source, we have a practicable solution for you!
• The materials are made from a thin film polymer based solution that uses screen-printing techniques in the manufacturing process
• The material is extremely flexible. The solar collection material can be applied to various frameworks such as Plexiglas, woven fabrics and roofing materials and much more. It can meet specific industrial and personal use requirements.
• Our product is ready for commercialization on a global scale. Licensee opportunities are available
SMC Biometrics Fingerprint Scanning Technology:
• Our fingerprint scanning technology is truly revolutionary!
• It provides a workable and doable security solution for various applications such as a homeland security division or for a company seeking quality security methods
• Our product is cost effective too. When compared to other types of products we can provide a cost savings of up to 60%.
SMC Biometric has developed a prototype of a fingerprint scanning technology that is truly revolutionary!
Using a modified version of the same thin film technology used for the solar collection technology, SMC Biometric has developed a thin film imager. This is a substantial leap compared to current silicon technology since our product is thin, flexible and can be deposited onto a card (credit card size).
Since the events of 9/11, many governments around the world have been seeking a national identification card. Based on numerous surveys completed by many of these countries, it has become clear that the vast majority of citizens approve of the concept. However, regarding their privacy and personal security, they do not approve of a national database for fingerprint impressions.
Current fingerprint technology requires the use of a central database to store fingerprint images. Whenever the ID card is used a network of computers are accessed to confirm the validity of the print image on a per use basis. The vast majority of those surveyed believe that once such a card is introduced it will quickly become a national medical card, drivers license, credit card, passport, etc. The primary concern is how the central database will be secured as it will receive records from each use of the card in all of its forms.
A significant feature of SMC Biometrics' technology is that it is made out of inexpensive flexible plastic as opposed to silicon, a glass product, which is very expensive. Moreover, SMC's overall technology proposition does not require a national database as the card and security algorithm is completely self-encapsulated. This single feature will reduce the cost of a national ID card by more than 60%.
SMC Biometric expects to launch this exciting product in spring/summer-2005.
Check out the website in early-2005 for additional details.
SMC TV Large Format TV Screens:
• This soon to be available product is groundbreaking… actually "visual" breaking piece of technology!
• We've developed a television back plane (screen) that is made from plastic and high quality electronics. It is ultra thing and lightweight with capabilities of been large format (40 - 200 square inches) in size
• Plus, our product is available for a fraction of the cost compared to plasma TV screens. Depending on the solution, we can offer a cost savings between 50 - 500%
Sensor Media Corporation has a third division, which is SMC TV Inc. SMC TV has created an innovative technology that produces a television back plane (screen) made from plastic and high quality electronics.
The back plane (screen) is made from an imager pixel technology that was initially developed for the fingerprint biometric. However, it can also be used as an alternative to current LCD and upcoming OLED (self-emissive organic light emitting diode) television backplanes. Our product will be produced using a polymer/silicon hybrid.
While still in early stages of development, SMC TV believes that it can offer a substantial improvement in monitor size and price efficiency whether it's an individual customer or a business affiliate. This means that it is less costly to produce and in turn, a significant reduction in costs compared to the current technology of plasma screens, LCD technology, etc.
In addition, SMC TV is poised to deliver an ultra thin and lightweight viewing monitor that can be produced in sizes ranging from 40-200 inches. The product will be available at a fraction of the cost of current comparable technologies.
SMC TV expects to begin licensing this exciting product fall/winter-2005.
Check out this website in early 2005 for additional details on this technology.
Licencees
Home » Licencees
Licensees and Sub-licensees
Environmentally Friendly Energy Now and for Generations to Come!
SMC Solar Inc. is actively marketing its solar collection technology globally.
Are you seeking a viable business opportunity in a state-of-the-art solar energy business? Are you enthusiastic? Team focused? Customer service oriented? Do you have a 'can do' attitude and like working in a fast paced environment?
If this sounds like something that you'd be interested in … then, perhaps Sensor Solar Inc. and our solar collection technology business is something for you!
If you are looking for a viable business opportunity, then, please review the following. If you are serious about learning more, then contact us directly at info@sensormedia.net.
SMC has recently signed its first major licensing agreement with Direct Energy of Houston, Texas USA. Under the licensing agreement, Direct Energy has exclusive rights for the solar collection farms in North America.
Now, we are seeking licensees to resell our state-of-the-art product in the following markets:
• Asia
• Europe
• South America
• Africa
Licensees will manufacture the solar collection product within their region or country. SMC provides training and support for the manufacturing facility.
In addition, subsidiary business opportunities may be viable depending on the volume requirements through smaller sub-licensees pending available production capacity by National Licensees.
Available Market Sectors:
• Industrial & Commercial Construction: airports, warehouses, office buildings, recreational complexes, retail malls and large retail "box" stores
• Land Reclamation: landfills, mining sites water plants, sewage plants including swamps and marshes
• Agriculture: tobacco dryers, meat processing plants, large scale farms and greenhouses
• Transportation: freight, courier companies and fleet vehicles, recreational vehicles
• Marine: cargo freighters, ferries, passenger and cruise ships, personal water craft fleets
• Oil n' Gas: mobile rigs, remote pumping stations, etc.
• Residential Construction: condo complexes, apartment buildings, senior resident villages, etc.
• Electronics Industry: handheld electronics such as, calculators, PDA's, cellular phones, etc.
• Tourism: hotels, recreational complexes, theme parks, etc.
• Military: remote training stations, mobile security units, field hospitals, etc.
Innov-X Scanners
ALPHA SERIES
Get your hands on the lightest, smartest alloy analyzer in the world, new Alpha Series from Innov-X
The Innov-X Alpha Series delivers alloy chemistry and grade ID in an instant. With nearly 1,000 of our tube systems at work in the field right now – from the arctic cold to the desert heat – you can depend on Innov-X Systems. Now, with the Alpha series you have:
• Smallest, handheld tube-based analyzers available.
• Versatile PDA platform.
• Rugged probe head for tests to 800° F+.
• Removable handle to reach tight areas.
• Easy-to-read display.
• Suitable for any environment.
Decades of engineering experience in x-ray tube technology and ergonomic instrument design has made the Alpha Series smaller, lighter, tougher and smarter than other XRF analyzers.
Rugged, tapered probe head allows operators to perform thousands of tests per day, every day. Removable handle with belt-mount battery pack lets you test in hard-to-reach places.
Optional holster lets you take the Alpha Series with you virtually Anywhere.
One of my favorite articles
New Technology Hopes to Knock Off the Knock-Offs
Counterfeiting has had an adverse impact on all corners of the CPG market, ranging from high-end items like Rolexes and electronic equipment to far less costly products such as CDs and DVDs. But they are all tied together by one common thread: Knock-offs create an enormous drain on the economy, particularly when they insidiously make their way into the mainstream marketplace.
According to the Washington Anti-Counterfeiting Coalition, counterfeiting costs North American businesses $300 billion annually. Worldwide, the problem carries a $1 trillion annual tag. A new technology offered by Philadelphia-based Sure Trace Security Corporation has the company positioned to become a leading global provider of security systems, services and products.
One of the largest areas for the origination of counterfeit goods is Asia. Sure Trace has recently concentrated its efforts on working with the Chinese government to ensure that the products manufactured and imported from the world’s largest market are, in fact, authentic.
According to Michael Cimino, president and vice chairman of the company, the willingness of the Chinese to actively join the struggle against the counterfeiters is directly proportionate to their desire to join the World Trade Organization.
While a stroll down virtually any street in Manhattan – or a visit to most flea markets in Anytown, USA – will turn up dozens, if not hundreds, of knock-off items. One of the more publicized events occurred in 2000, when Adidas filed suit against Wal-Mart, alleging that the world’s largest retailer had been selling knock-off Adidas and Nike t-shirts at its Sam's Club stores. Similar claims had been made by other designer brands such as Tommy Hilfiger, Polo (by Ralph Lauren) and Nautica.
In order to protect against the scourge of knock-offs, Sure Trace and its wholly owned subsidiary, I.D.ology Laboratories Inc., have developed a process of tagging items with a specialized ink that contains codes able to trace the product each step of the way in the production and distribution chain.
The process, which results in a product called "SDNA" (synthetic DNA), was originally developed to track plutonium rods in the nuclear industry. It creates ink that not only contains coding unique to that product, it also is as indestructible as kryptonite.
The development of SDNA involves the application of a combination of inorganic elements, which penetrate the surface of an object (except for diamonds or cut glass) to form a molecular bond which is impossible to remove. The method of application can vary, depending on the item to be marked. The coded elements may be placed on an object using a colorless carrier rendering them invisible to the human eye, or can include a fluorescent element so they glow under ultraviolet light. SDNA can be applied to industrial parts, garments and apparel, VCRs and other electronic products, jewelry, CDs and DVDs, sporting goods, and many more products.
With the 2008 Summer Olympics coming to Beijing, Sure Trace may have an effective and high profile test with applications including marking the tickets as well as all the other "official" Olympic merchandise.
Current applications, events, contracts and upcoming events
SSTY Delivers First Shipment of Labels for Brand315.com During the China Trademark Festival; Releases Video Update to Shareholders. (We should be hearing about the results of this test most likely after the new CEO takes over.)
SSTY Announces Plans for New Venture with Affiliate of China's Ministry of Industry and Commerce; Venture to Have Ability to Police Consumer Counterfeit Products Including Authority to Search and Seize. (Again more information will be forthcoming after the new CEO takes over.)
Sure Trace Security Corporation Announces New Contract in China for JV
In the transaction TPiD will provide its S-DNA technology to a major Chinese automotive parts distributor whose largest export client is General Motors. (This is in my opinion just the beginning of the application of s-dna in the auto parts industry, not only in China but worldwide.)
Sure Trace Security Corporation Announces New Contract in China for JV
In the transaction TPiD will provide its S-DNA technology to the Palace Museum of China to mark the items in its collections. Chairman James MacKay stated: "This contract again shows the wide range of items that can be tagged and protected from fraud ... from labels to precious antiques. (What a great statement for our product that the Chinese Government has approved it for use on it’s most treasured pieces of artwork and artifacts. This contract speaks volumes as to how the Chinese Government views our company and its products.)
SSTY Opens Joint Offices With Affiliate of China's Ministry of Industry and Commerce. Feb 07, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (OTC: SSTY) previously announced that its joint venture partner, True Product ID Technology (Beijing) Limited ("TPiD"), a joint venture of its 85% subsidiary, True Product ID Technology Limited, and Beijing Suneray Zexin Technology Limited, has signed a cooperation agreement with the China Consumer Journal which is a subsidiary company of the Ministry of Industry and Commerce.
Through the cooperation with the China Consumer Journal, which also produces anti-counterfeiting labels similar to Brand315, TPiD will work with the Ministry of Industry and Commerce to provide them with SSTY's scanning and KMACK technologies.
Under that agreement, SSTY is to provide its proprietary solutions for loss prevention and anti-counterfeiting purposes across an entire spectrum of products and goods. Now the 315 System has said that it also plans to use TPiD's technology to enhance other anti-counterfeiting technologies themselves ... not just goods and services.
SSTY Chairman James MacKay stated, "Our technology will now be used by the 315 System to provide individualized and integrated anti-counterfeiting solutions to different industries and products possessing different anti- counterfeiting technologies, including digital, holograms and fabrics/textiles ... in addition to our own S-DNA technologies."
TPiD and the China Consumer Journal have established a working group, in which each of the two parties will assign staff to work jointly on the projects and those offices have been set up inside the China Consumer Journal's offices.
(This piece of news is so much bigger than most people realize. The China Consumer Journal is bigger than Brand 315 and controls most of the brand supervision and protection and police the entire spectrum of IPR for the Government of China.) Also as you can see they love our kmack system and will use it in their offices as well as many other applications throughout China.)
SSTY Announces Deal to Acquire NASDAQ Bulletin Board Company
Feb 10, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (OTC: SSTY) today announced that it has signed an agreement to acquire the controlling interest in a company presently trading on the NASDAQ OTC Bulletin Board.
The agreement calls for the acquired company to be renamed True Product ID-US ("TPiD-US"). TPiD-US shall be granted, at closing, a Master License from SSTY to conduct all marketing and administrative rights, duties, responsibilities and obligations presently held by SSTY and its subsidiaries (except for those granted/reserved to SSTY or other parties prior to closing), including the rights, duties, responsibilities and obligations for the company's activities in China and the rest of the world.
SSTY will receive all but between 5 to 10% the shares of TPiD-US in exchange for cash consideration. TPiD-US, as a consequence of the transaction, will become a subsidiary of SSTY. SSTY's board intends to then approve the spin-off of TPiD-US through the dividend of 100% of the SSTY shares of TPiD-US to all shareholders of SSTY. The dividend will be payable on a record date to be determined by the SSTY board. Fractional shares of TPiD- US common stock will not be issued and any SSTY shareholder entitled to receive a fractional share will instead receive a cash payment. The shares issued to SSTY shareholders shall be restricted. SSTY shareholders will retain their present shares in SSTY.
The dividend has been structured to qualify as a tax-free stock dividend to SSTY stockholders for U.S. federal income tax purposes. Cash received in lieu of fractional shares, however, will be taxable.
Shortly after the dividend record date, SSTY will mail an information statement to its stockholders of record as of the close of business on the record date. The information statement will include information regarding the dividend and the business and management of TPiD-US following the distribution. In addition, SSTY and TPiD-US intend to file important information related to the spin-off, including this release, with the Securities and Exchange Commission on Form 8-K.
Closing is anticipated to be March 16, 2006 but may be moved in advance or back upon mutual agreement of the parties.
The terms of the Master License to be granted to TPiD-US will call for TPiD-US to pay a monthly minimum payment to SSTY in addition to a five percent (5%) royalty of the gross revenues received by TPiD-US under the worldwide license.
"We hope to follow this template (that is, a monthly minimum will be paid to SSTY and shares in the public company will be delivered to SSTY's then- present shareholder base) with at least one other subsidiary of SSTY, Globe Staff," said James Mackay, SSTY Chairman, although he cautioned that no specific plans exist for Globe Staff at this time.
Michael Cimino, SSTY President, said: "This arrangement will allow SSTY shareholders to hold, in addition to their shares in SSTY, shares in the acquired company, for which there will be publicly disclosed bids and asks, as well as the other features of the OTCBB. The arrangement will also provide a potential source of regular income to SSTY. We foresee no further need to raise additional funds for SSTY, which would eliminate further dilution of SSTY stock. In addition, it transfers the funding burden from SSTY to TPiD-US and Globe Staff respectively, along with the responsibility for their operations." He continued: "This new company will have new management, with specific experience in building global companies and their worldwide operation systems. Our plans are to have that management in place prior to the closing date on the acquisition."
SSTY Announces Record Date for Shareholders to Qualify for Dividend Shares; Also Announces Press Conference to Introduce TPID President/CEO
BEIJING and PHILADELPHIA, March 10, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (OTC: SSTY) today announced that its Board of Directors has set the date for shareholders to qualify to receive the dividend shares in the planned spin-off of its soon-to-be-acquired subsidiary, which will be named True Product ID, Inc. SSTY had previously announced on February 10, 2006 that it had signed an agreement to acquire the controlling interest in a company presently trading on the NASDAQ OTC Bulletin Board.
The Record Date is set for after the close of trading Wednesday, March 15, 2006.
Folks I have done a lot of research on this company and this part shows the products, applications, the acceptance by the Chinese Government and finishes with current events and events that will come in the next week. I would like to speculate about what I think the new CEO and new management team will do with our products and technology, however I will not speculate at this time. The proof is in the products, the progress the company has made over the past 11 months and now we are being taken to a new level with a new CEO that will take this company to worldwide acceptance.
I believe we have China in the bag and although this is very huge, it is only the tip of the iceberg. Hold on to your shares and hold on to the seat of your pants because we are in for a heck of a ride. I want to congratulate all longs that stuck this out with the cliff hanger it has been, hopefully our white knuckles will return to their regular color soon. LOL.
Thanks, John C.
My first post on this stock. I was up early and decided to do a project on the naked short selling of this stock and how it relates to what Ammerman said in his last pr.
TAKE A LOOK AT THESE FIGURES ABOUT THE SHORT POSITION ON LFWK. VERY VERY INTERESTING TO SAY THE LEAST!!!!!
Like Dennis Ammerman stated in his most recent press release: “CEO Dennis Ammerman reiterated today that anyone planning to flout LFWK stock in a "shorting position" would do so while bearing the full brunt of every available avenue aimed at rendering them mute. "The small exchanges are plagued by this ludicrous and even perilous frenzy of negative influence," said Ammerman. "They've made a mistake this time, one that will cost them a great deal, and open the door to companies that rely solely on public market funding to reclaim their rightful roles of benefactor and driving force of true and accountable shareholder value."
LoftWerks' (OTC: LFWK) share structure is: 500 million shares Authorized.
200 million of these shares are held in treasury for mergers and Dennis Ammerman owns 100 million shares that are Restricted.
The share structure will be posted at www.loftwerks.com by March 14, 2006. The Pink Sheets website will be updated by Tuesday March 14th, 2006.
CEO Dennis Ammerman stated, "Insiders decided to buy more shares than are legally available. There is no stock definition for this type of buying; therefore, we created our own definition. We call it 'Short Seller Captured Capital.'" Insiders have expressed interest in selling blocks of shares back to the company at a later date. The shares can be introduced into the market. After Loftwerks' plans are executed, the short sellers can complete their buy-in at a much higher price. Short Seller Captured Capital will prevent dilution of the current shareholders' value while protecting those shareholders from naked short-selling.
Shares issued through the current open Rule 504 filing for merger expenses are issued at the closing ask price on the day of issuance.
LoftWerks is on schedule to complete the merger with Sulja Bros. Building Supplies, Ltd. Sulja is the primary distribution arm of Consultech's Midwest operations. Sulja Brothers will serve as the centralized and primary distributor of materials for all future projects. A twenty-four year old business, Sulja Bros. has achieved steadily increasing revenues since its inception that now average over $30M annually. The company currently has assets totaling more than $25M.
Shortly after the merger with Consultech's Sulja Bros. Building Supplies, Ltd., Loftwerks will complete the merger with Consultech Construction Management, Inc.'s Midwest office. That office is currently in negotiations with Federal, State, and Local officials to procure storm relief work outside Biloxi, Mississippi more details will be released at a later date.
Just my opinion could it be the insider buying up all the naked short shares that are being issued by the crooked market makers, shorts and hedge funds and what is the possibility that they will be using these shares once the short squeeze comes about as Ammerman stated it will be within 30 days. It could very well happen that these shorts will have to pay .05 or ..10 or even more to cover their short position that appears to be at least 648 million shares? That kind of money could easily pay for the 10 million merger and many more mergers and projects. If this is true Ammerman is a very smart man with a great plan to stop the shorts and catch them with their pants down below their knees. LOL.
Loftwerks Historical volume.
December
1. 10k
2. 708k
3. 00
4. 00
5. 14.9m
6. 9.3
7. 8.5
8. 5.9
9. 2.6
10. 00
11. 00
12. 4.7
13. 6.7
14. 4.7
15. 7.0
16. 7.1
17. 00
18. 00
19. 25m
20. 21.6m
21. 6
22. 348k
23. 2.5
24. 00
25. 00
26. 00
27. 00
28. 1.8
29. 2.68
30. 5.8
Total December 2005 $121,852,000
January 06
3. 2m
4. 3.9
5. 1.6
6. 21.5
7. 00
8. 00
9. 98.6
10. 00
11. 12
12. 1m
13. 00
14. 00
15. 00
16. 00
17. 3.8
18. 8.6
19. 4m
20. 4.2
21. 00
22. 00
23. 3.6
24. 8.5
25. 6.3
26. 1m
27. 1.9
28. 00
29. 00
30. 1.8
31. 7.5
Total January 2006 $ 189,802,000
February
1 9.5
2 6.5
3 4.6
4 00
5 00
6 22.8
7 14.7
8 6.5
9 456k
10 7.4
11 00
12 00
13 12.6
14 6.14
15 6.5
16 2.8
17 2.6
18 00
19 00
20 00
21 35.4
22 17.5
23 34.6
24 27.3
25 00
26 00
27 9.1
28 9.1
Total February 2006 $ 236,096,000
March
1. 21.2
2. 13.3
3. 12.3
4. 24.9
5. 20.7
6. 9.0
7. 9.5
8. 26
Total do date for March 2006 $136,900,000
Grand Total since December 1st 2005 $ 684,650,000.00 less 189,480,500 as of 01/31/2006 leaves us with about 495,169,500 in naked short shares that are in the float.
Copy of the link to Big Charts historical quotes
http://bigcharts.marketwatch.com/historical/default.asp?detect=1&symbol=lfwk&close_date=12%2...
Bigmellons, you are so full of #$%^&*, wait till I fill you in on some recent dd that I am working on and you will really feel like dog d*****
I finally got my certs. Can someone tell me exactly how I should fax or mail my certs to Frizzel. I can't find the fax cover sheet to send along with them, or do i even need it. Your help would be appreciated.
You will be glad you kept your worthless shares someday. LOL
kmanso, yes they were suspended in August, but if you studied the history of the company through 2004 and 2005, you will see a drastic change in the management and progress since May 26th when Cimino came on board. Look at the progress they have made. It has been a new company since May 26th 2005 and will now transform into an even better company now that Cimino has delivered China, we have a new ceo coming on board and new management team with tpid-us after March 16th and they are supposed to be people that can handle a worldwide marketing effort.
TIMELINE FOR PROGRESS
2/10/06 – SSTY announces deal to acquire nasdaq bulleten board company.
2/07/06 – SSTY opens joint offices with affiliate china ministry of industry and commerce.
2/02/06 – SSTY announces new contract in china for jv the palace museum of china.
1/26/06 – SSTY announces new contract in china for jv major auto parts distributor of GM parts.
1/25/06 – SSTY announces plans for new venture with affiliate of china’s ministry of industry and commerce the china consumer journal; venture to have ability to police consumer counterfeit products including authority to search and seize.
12/14/05 – SSTY delivers first shipment of labels for Brand 315 during the china trademark festival.
12/07/05 – European subsidiary of Sure Trace, Globe Staff Consulting, successfully completes field audit with French Police of it’s mobile tracking module.
11/21/05 - SSTY's JV Signs Contract with Chinese Government-Sponsored Anti-Counterfeiting Network
11/16/05 - SSTY Seeks to Enter North American Market.
11/04/05 - Sure Trace Security Corporation Announces Agreement With Innov-X Systems, Inc.
10/31/05 - Sure Trace Security Corporation, Together With Its Joint Venture Partner, True Product ID (Beijing) Limited, Met With the Central Government Departments of China at the People's Hall In Beijing, China to Present Its Technologies and Services to Government Ministries Responsible for Internal and International Security Issues.
10/27/05 - Sure Trace Security Corporation Announces Approval of Globe Staff Consulting Acquisition By French Government.
10/20/05 - Sure Trace Security Corporation Announces Cooperation Agreement with Brand315.com in China.
10/18/05 - Sure Trace Security Corporation (OTC: SSTY) announced that its Chinese operating subsidiary, True Product ID Technology Limited, formerly Sure Trace Asia Limited, has, on October 4, 2005, signed an agreement with Gary Metzger, President of Amco Plastic Materials Inc. of Farmingdale, New York, to form a joint venture (JV) to utilize their anti-counterfeiting/authenticating systems in the Far East.
9/22/05 - Sure Trace Security Corporation Updates Financial Reports Available on Pink Sheets News Service.
9/08905 - Sure Trace Asia Limited and Beijing Suneray Jexin Technology Announce Opening of New Offices in Beijing BEIJING.
8/26805 - ; Company Files Litigation against Former Officials of Sure Trace; Company is Cooperating with U.S. and Canadian Investigations.
8/17805 - Sure Trace Security Corporation Participates in a Public Demonstration of the Anti-Counterfeiting Technologies Held in Beijing by Its Subsidiary Sure Trace Asia Limited and Its Joint Venture Partner, Suneray, on Wednesday August 17, 2005.
8/04805 - Sure Trace Responds to SEC Actions.
8/02805 - Sure Trace Plans Live Demo in Philippines; In Addition To Demos Planned In Beijing; Company Chairman Concludes Series Of Meetings In Philippines.
8/01805 - Sure Trace China Joint Venture Announces List Of Scheduled Attendees For Live National TV Demo.
7/29705 - Sure Trace China Joint Venture Receives Governmental Approval; Live Television Demo Planned.
7/27705 - Sure Trace Licenses Additional Technology For Use In China; Company Also Offers Details Of Previous Acquisitions; Hires CFO. has today announced that, it has entered into a binding agreement with Sensor Media Corporation (Sensor) through its subsidiaries, to utilize Sensor's licensed technology in China, Hong Kong and Macau. It has also been granted the sole option to acquire Sensor's three subsidiaries described below within 120 days of the execution of the agreement upon mutually acceptable terms.
7/12/05 - Sure Trace Security Corporation (OTC:SSTY) is pleased to announce that it has completed the acquisition of Globe Staff Consulting (GSC). China Joint Venture Meets With 2008 Chinese Olympic Officials.
6/17/05 - announced that, because of its completion of a highly successful demonstration of the Company's capabilities in Beijing, China, it has been able to reshape the framework of its China joint venture. The Company will now hold a majority interest in the joint venture vehicle as opposed to a minority position.
5/27/05 - Sure Trace Team En Route to Beijing, China; Group Includes Chairman, New Head of Operations & Sales, CTO and Other Outside Technical Advisors - Multiple Demonstrations Planned.
5/26/05 - Mr. Michael Cimino is retained as the new President and Vice-Chairman. Mr. Cimino, will coordinate and oversee the structure of any resulting relationship between the company and its Chinese partners.
(NOTICE THE GAP BETWEEN 4/20/04 AND 5/26/05 WHEN CIMINO CAME ON BOARD)
(CIMINO AND MACKAY SPENT A YEAR RESTRUCTURING AND PLANNING FOR THE PROGRESS THAT WE HAVE SEEN IN THE PAST NINE MONTHS)
4/2004 – Code of ethics for senior financial officers and the principal executive officer of Sure Trace established.
5/2003 – Resignation of old Accountant and engagement of new accountant.
It's right in the transcript from the last video where we are going.
. The good news is we have a lot of business, the bad news is we have a lot of business and we have to deliver and that skill set is not involved, is not inside Suretrace at present and we’ve recognized that, that is not the job I was brought in to do, my job here is nearly done. My job was to help deliver China, support Mr. Mackay and in order to establish new corporate governance, procedures and to get Suretrace ready for the future. But in the course of that we realized that Suretrace is not the right vehicle to deliver the future, from the contracts we’ve gotten in China, from the contracts we’re about to get, from the contracts we’re about to get in the United States and from the contracts we’re about to get in Europe and the rest of the world. So some months ago we contracted with one of the premier law firms here in Philadelphia and an excellent lawyer here inside Mr. Stephen Ching, whose resume will be posted here at the end of this video. He has represented people such as Arlen Specter, such as Tom Ridge of Homeland Security and he’s helped us zero in on a person finally that we think should head the ship and I’ll be happy to hand of the baton off to him. This person will come in and run True Product ID. He has experience thirty-forty years building companies, has world class experience. He is associated with NATO, Homeland Security with the Rockefeller Foundation. Between our lawyers, our new CEO, we think we will be uniquely qualified to deliver maximum value to the shareholders of Suretrace and the shareholders of True Product ID through their endeavors.