Sure Trace Announces its Regional Distributor Sure Trace Asia Ltd. Negotiates a Joint Venture.

Business Wire | February 14, 2005 | Copyright

HONG KONG -- Sure Trace Security Corporation (OTCBB:SSTY) announced today that its 40 % owned regional distributor Sure Trace Asia Ltd (STA Ltd.). has negotiated a Memorandum of Agreement for the establishment of a Joint Venture with Beijing Suneray Communication Co., Ltd. (Suneray). The Joint Venture is 50/50 and approvals and licenses will be held by the Joint Venture.

Suneray is a government owned corporation that has been appointed by the Government of China to develop a solution for the total positive identification and authentication of all products ...

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