SOURCE: Bio-Tracking Security

October 25, 2005 10:44 ET

Bio-Tracking Officially Changes Name to Nord Oil International and Begins Trading Under NDOL

MONTREAL -- (MARKET WIRE) -- October 25, 2005 --- Bio-Tracking Security Inc (OTC: BTSI) announced today it had officially effected the name change to Nord Oil International Inc. and received a new ticker symbol and will now trade under (OTC: NDOL). The reverse split of 1 for 12 was also made effective at the same time.

"Another milestone has been reached," said Slava Makarov, Nord Oil President. "We have been awaiting this moment for while as well as many shareholders that have inquired about the name change, ticker change and reverse split. We can now continue to grow our oil properties and target further acquisitions," further added Mr. Makarov.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Contact Information

  • Contact:
    Jean-Francois Amyot
    Managing Director
    Midland Baring Financial Group
    514-448-6710
    www.midlandbaring.com

    Slava Makarov
    President
    Nord Oil International Inc.
    514-591-3666
    www.nordoil.com