SSTY Announces Record Date for Shareholders to Qualify for Dividend Shares; Also Announces Press Conference to Introduce TPID P
March 10 2006 - 11:08AM
PR Newswire (US)
BEIJING and PHILADELPHIA, March 10 /PRNewswire-FirstCall/ -- 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. The Company also announced that there will be a press
conference on Friday, March 17th, in Philadelphia, to introduce the
CEO/President of True Product ID, Inc. About Sure Trace Security
Corporation Sure Trace produces integrators for anti-counterfeiting
and security surveillance applications and is a provider of
integrated tracking devices. The Company intends to deliver turnkey
solutions for governments, armed forces, and industry, through its
own proprietary technology and through aggregating the technology,
products, and services of third parties via licensing agreements
and/or joint ventures. For more information go to:
http://www.suretrace.com/. SAFE HARBOR STATEMENT: This news release
contains "forward-looking statements" that are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. "Forward-looking statements" describe future
expectations, plans, results, or strategies and are generally
preceded by words such as "future," "plan" or "planned," "will" or
"should," "expected," "anticipates," "draft," "eventually" or
"projected." You are cautioned that such statements are subject to
a multitude of risks and uncertainties that could cause future
circumstances, events, or results to differ materially from those
projected in the forward-looking statements, including the risks
that our products may not achieve customer acceptance or perform as
intended, that we may be unable to obtain necessary financing to
continue operations and development, and other risks. You should
consider these factors in evaluating the forward-looking statements
included herein, and not place undue reliance on such statements.
The forward-looking statements are made as of the date hereof and
Sure Trace undertakes no obligation to update such statements. In
August 2005, the common stock of Sure Trace was suspended from
trading by the Securities and Exchange Commission, but the
suspension ended in accordance with the securities laws after ten
days. Management of Sure Trace is currently working with the
broker-dealer community and regulators to permit quotations to be
entered as soon as possible. More information will be provided to
the public when circumstances warrant. DATASOURCE: Sure Trace
Security Corporation CONTACT: Michael Cimino, President, Sure Trace
Security Corporation, +1-215-972-6999, Web site:
http://www.suretrace.com/
Copyright