Sure Trace Asia Limited and Beijing Suneray Jexin Technology Announce Opening Of New Offices in Beijing
September 08 2005 - 1:59PM
Business Wire
Sure Trace Security Corporation (OTC:SSTY) announced today that
Sure Trace Technology Beijing Limited (Sure Trace Technology), the
Joint Venture Company of its subsidiary Sure Trace Asia Limited
(Sure Trace Asia) and Beijing Suneray Jexin Technology Limited
(Suneray) have opened a new and much larger administration office,
laboratory, and manufacturing facility as they have outgrown the
space that was previously provided by Suneray. The new space
encompasses approximately 5,200 square feet (488 sq meters) of
office and administration space and an additional 12,900 square
feet (1,200 Sq meters) of laboratory and manufacturing space is
available for future expansion. Often referred to as Beijing's
Silicon Valley, the new facilities are located in the Haidian
district of Beijing. Since the Chinese public demonstration of its
products and services on Wednesday August 17, 2005, which was
attended by number of key prospective clients, an edited news
version has aired on Chinese National TV station CCTV5 during prime
time news on Saturday September 3, 2005. A copy of this broadcast
will be available on www.suretrace.com in both English and Chinese
in the very near future. Suneray and Sure Trace Asia are currently
building a website (www.trueproductid.com) to specifically address
True Product I.D. True Product I.D. is the banner under which our
S-DNA is being branded within China by Sure Trace Technology. We
have launched our updated website, which now includes a Chinese
language version. Mr. William Chan, CEO of both Sure Trace Security
Corporation and Sure Trace Asia stated, "I am very proud of the
progress we have made in China. Suneray has proved a most worthy
partner. They have opened many doors to Anti-counterfeit business
opportunities in China and with our new facilities set up; we are
much stronger now to maximize these opportunities. I am also very
proud of our Sure Trace Security Corporation staff in their recent
successes and continuing commitment in providing training and
support to the JV staff and sales force." Mr. Li, President of
Suneray stated, "These new offices and manufacturing facilities
give us the sufficient space we needed to satisfactorily carry out
the client's specific demands regarding the products and services.
Over the next few weeks Sure Trace Technology will have its own
website developed and we are happy to see that Sure Trace Security
Corporation now has a Chinese language version of theirs which
certainly provide a great interaction support in developing our
business in China. It is great to see that Mr. MacKay and his team
have obviously put a lot of effort in to getting this going with
us." 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: www.suretrace.com. The stock of Sure Trace has
recently been suspended by the Securities and Exchange Commission,
but the suspension has ended by its own terms. Management of Sure
Trace is currently working with the broker-dealer community and
regulators to permit quotations to be entered on the Pink Sheets as
soon as possible. More information will be provided to the public
when circumstances warrant. 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.
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