Sure Trace Security Corporation
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Sure Trace Security Corporation

July 29, 2005 09:58 ET

Sure Trace China Joint Venture Receives Governmental Approval; Live Television Demo Planned

PHILADELPHIA--(CCNMatthews - Jul 29, 2005) -

Sure Trace Security Corporation (OTC:SSTY) 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.

About Sure Trace Security Corporation

Sure Trace is one of the premier systems integrators for anti-counterfeiting and security surveillance applications and a world-class 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: www.suretrace.com.

Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements, by definition, involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Sure Trace to be materially different from the statements made herein.

Contact Information

  • Sure Trace Security Corporation
    by
    De Jong & Associates
    Ron de Jong, 760-943-9065
    email: ron@dejong.org