SSTY Confirms Ex-Dividend Date for ONTV/TPID Forward Split, Name Change and Symbol Change; Also Record and Payable Dates for SSTY Shareholder Dividend
Friday May 19, 9:00 am ET
BEIJING and PHILADELPHIA, May 19 /PRNewswire-FirstCall/ -- Sure Trace Security Corporation (OTC: SSTY - News) today confirmed that the NASD officially set May 23, 2006 as the ex-dividend date regarding the ONTV/TPID forward split, name change and symbol change, with a May 2nd Record Date and a May 22nd Payable Date. The ONTV shares regarding the forward split will be mailed out by the transfer agent on Monday, May 22, 2006 as previously announced.
The Company also confirmed that the 23rd is also the ex-dividend date for SSTY shareholders to receive the TPID share dividend. The Record Date for SSTY shares to qualify to receive the ONTV/TPID share dividend is the close of the market, May 25, 2006. The Payable Date for these dividend shares is Tuesday, May 30, 2006. This is the date the Company's transfer agent will issue and mail the new certificates to SSTY shareholders as of the Record Date.
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 - News), is a majority- owned subsidiary of Sure Trace Security Corporation (OTC: SSTY - News) 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 subsidiary, Globe Staff Consulting Corp. (Pink Sheets: GSFC - News). For more information go to: suretrace.com.
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. In August 2005, the common stock of Sure Trace was suspended from trading by the Securities and Exchange Commission, but the suspension ended in accordance with the securities laws after ten days. Management of Sure Trace is currently working with the broker-dealer community and regulators to permit quotations to be entered as soon as possible. More information will be provided to the public when circumstances warrant.
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Source: Sure Trace Security Corporation |
