As part of Sure Trace's vision to provide a complete anti-counterfeiting, brand product authentification and security products, they ahve 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.
SSTY will be using the connections developed through Suneray to build markets for SSTY in China.
What Cimino is stating is that Suneray is the connection to the Chinese government. Possibly
August 17th, 2005 press release, Mr. Li Ning, General Manager of Suneray, stated in his opening remarks at the demonstration held in Bejing "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 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.
Why would Mr Ning make a statement like this if he was not in fact acting on behalf of the Chinese government. "Through the course of our due diligence into a wide variety of anti-counterfeiting technologies available globally, we selected SSTY".
Later in the same press release Mr. James Mackay states "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."
What exactly does Mackay's statement Suneray's Government mandate mean?
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.
It is my opinion that Suneray is a for profit quasi-government organization and have established direct connections to the Chinese government through Brand315.
AI
