SSTY Announces NASD Sets Ex-Dividend Date for ONTV/TPID Shares
BEIJING and PHILADELPHIA, May 8, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sure Trace Security Corporation (OTC: SSTY) today announced that it has received written confirmation from the NASD that the NASD has officially set May 23, 2006 as the ex-dividend date regarding the ONTV/TPID share dividend to SSTY shareholders.
The date set by the NASD requires that the Company's transfer agent mail the dividend shares on May 22, 2006.
The Company had requested an earlier date, however, Securities Transfer Corporation (STC), the transfer agent for SSTY, requested the later date because it felt it needed the additional time to effectuate an orderly transition from ONTV/TPID's previous transfer agent and to then prepare for the mechanics of the dividend process. SSTY had recently changed the transfer agent of record for ONTV/TPID to STC because the Company felt that the dividend process would be better coordinated and executed if the same agent handled both the issuance of the dividend, the forward split, the name change, the symbol change and the delivery to SSTY and ONTV/TPID shareholders.
About Sure Trace Security Corporation
Sure Trace produces integrators for anti-counterfeiting and security surveillance applications and is a provider of integrated tracking devices. ONTV, Inc./True Product ID (TPID) (OTC Bulletin Board: ONTV), is a majority- owned subsidiary of Sure Trace Security Corporation (OTC: SSTY) which, via a license from Sure Trace, delivers turnkey solutions for governments, armed forces, and industry, through proprietary technology and through aggregating the technology, products, and services of third parties via licensing agreements and/or joint ventures. In addition to a license from SSTY, TPID will also be providing the day-to-day operational duties and R&D for SSTY's wholly owned subsidiary, Globe Staff Consulting Corp. (Pink Sheets: PSRE). For more information go to: suretrace.com.
SOURCE Sure Trace Security Corporation
CONTACT: Michael Cimino, President of Sure Trace Security Corporation, +1-215-972-6999, or
michaelc@suretrace.com
suretrace.com
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