Globe Staff Consulting Corp (fka GSFC)

[Minddoc7]

*** NEWS ***
http://biz.yahoo.com/iw/061003/0168589.html

Globe Staff Consulting Corporation Signs Agreement to Acquire Chinese Technology Company
Tuesday October 3, 9:00 am ET


Globe to Acquire Developer and IP Rights to "All-In-One Key" Digital Intelligent Lock


BEIJING and BAYONNE, FRANCE and PHILADELPHIA, PA--(MARKET WIRE)--Oct 3, 2006 -- Sure Trace Security Corporation (Other OTC:SSTY.PK - News) today announced that its majority owned subsidiary, Globe Staff Consulting Corporation (Other OTC:GSFC.PK - News), has signed a binding Memorandum Agreement (MA) to acquire 100% of the stock of Beijing Liniupin Economy & Technology LTD CO., makers and inventors of All-In-One Key, a smart-lock system that represents the cutting edge in electronic intelligent lock technology.


The All-In-One Key product line is a patented technology that is designed to enable the majority of existing mechanical locks to become digitally intelligent electronic locks and to eliminate the need for more than one key per person for most of their average daily needs. Its innovative design allows one key to be programmed (by the user) to open exterior and interior doors in the home and office, drawer locks, cabinet locks, case locks, storage locks.

The company also plans to adapt the design for customs and container locks, industrial and equipment locks, safe and safety deposit locks, padlocks and vehicle locks as well for other uses.

The lock is waterproof. Lock use and key permission can be revoked or authorized either directly or remotely through the use of a computer... anywhere in the world... anytime.

In the transaction, Globe will acquire 100% of the stock of Beijing Liniupin Economy & Technology LTD CO. (including the IP rights and other assets) in return for restricted shares of Globe. The value of the patent rights has been valued at over $10 million dollars in the US and China alone and the company presently has received over $6 million dollars in orders. The closing and exchange of shares is scheduled to occur within the next 45 days.

Michael Cimino, president of Globe, said: "This is an important acquisition for Globe. It not only allows us to combine the R&D and manufacturing for both companies in China, each technology has applications to enhance the other. For example, the existing All-In-One Key customers would like to have the geo-localization attributes that Globe has, added to their keysets... and by combining the two technologies, Globe is positioned to offer an enhanced security and tracking system specifically designed for containers, in China, Europe and the rest of the world."

The Globe website will be updated shortly with more information on the product and technology