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Author Topic: CXIN NEWS and Berlin delisting
Smctbone
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CXNM/Bio-Tracking Announces Entry into Homeland Security, International Counter-Terrorism and Informative Risk Management Markets; A Multi-Trillion Dollar Industry
09:30 a.m. 06/08/2004 Provided by


MONTREAL, Jun 8, 2004 (BUSINESS WIRE) -- CXNM/Bio-Tracking Inc. (NASDAQ-OTC BB: CXIN) is pleased to announce it's entry into the Informative, Homeland Security & Counter Terrorism market, a Multi-Trillion Dollar world wide industry.

Bio-Tracking has designed and developed advanced third generation biometric security and tracking technology. The company's WARLOCK system has met and exceeded all performance expectations in field tests and simulations. Fully compatible with existing systems, the WARLOCK serves as a launching pad for numerous Homeland Security and Counter Terrorism applications. More specifically, the WARLOCK can track and immobilize almost anything that moves anywhere with pin-point precision.

"We are confident the company is now well positioned to expand operations into other markets. We have added a division to focus on Homeland Security, International Counter-Terrorism, and Informative Risk-Management solutions. It is only logical that our products be applied to address vital national and international security interests. The company's mission is to be the world's foremost and dominant security and tracking firm serving military, law enforcement, government agencies, Fortune 500 corporations, insurance industries, and consumers." Affirmed Mr. Michael Tremis, Chairman, President, & CEO.

In 2002 and 2003 the United States spent over $60 billion on Homeland Security. The estimated budget for 2004 is well over $40 Billion. World wide, several Trillions of dollars are and will be spent annually on Counter Terrorism, Homeland Security and Informative Risk Management.

Bio-Tracking has assembled a team with a combination of field experience and subject matter experts to include the areas of security, law enforcement, and emergency response. Bio-Tracking will provide proven analytic techniques in order to address the ever-changing operational environment that federal, state, and local governments face as well as global countries and corporate/private sector infrastructures.

"We feel we have the team and the technology necessary to successfully combat and deter the war on terrorism." Stated the Board of Directors of Bio-Tracking.

BIO-TRACKING SECURITY INC.

Bio-Tracking designs and manufactures vehicle & asset tracking and security technology. The technology is based on a Patent Pending, wireless interconnection method real-time tracking system. With driver privilege control, remote shutdown, lock/unlock capabilities, GPS navigation and tracking, biometric fingerprint identification, voice and spectrum communication. The company will offer worldwide informative, technical and sales support through it's North American office.

SAFE HARBOR STATEMENT

Safe Harbor Statement under Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts may be deemed to contain forward looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitations to; demands and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow and manage its operations.

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Smctbone
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CXNM/Bio-Tracking Demands Immediate Delisting of Unauthorized Corporate Registration on the Berlin-Bremen Stock Exchange
09:30 a.m. 06/09/2004 Provided by


MONTREAL, Jun 9, 2004 (BUSINESS WIRE) -- CXNM/Bio-Tracking Security Inc. (NASDAQ OTC BB: CXIN), a leading provider of Biometric Security and Tracking technology, has learned that it is among more than 200 publicly traded U.S. companies illegally listed on the Berlin-Bremen Stock Exchange without any prior knowledge, consent, or authorization by the Company, its Officers or Directors. The company has instructed its attorneys to issue a cease and desist order to the Berlin-Bremen Stock Exchange for the immediate delisting and removal from trading of its shares.

"During recent weeks our share price has unexplainably declined despite positive news, direction and improved financial results," reiterated Chairman, President, & CEO Mr. Michael Tremis. "We intend to further investigate this matter and are considering appropriate remedies against all parties responsible. From this day forward, any transactions executed of our stock on the Berlin-Bremen Stock Exchange will be deemed illegal and will be punishable to the fullest extent of the law. Further more, we instructed that each and every transaction executed since its inception and after this notice will be reported to us, with all information not withstanding Names, Times, Dates and Amounts, Traders, Market Makers, Brokerage Firms, Brokers, and Shareholders inclusively. We intend to prosecute all parties involved in such illegal trading practices to the fullest extent of the law," added Mr. Michael Tremis.

Numerous media reports have suggested a broader scheme perpetrated by US and foreign-based brokers to force share prices down. The exchange may have been used to circumvent specific restrictions introduced by the National Association of Securities Dealers (NASD) and Securities and Exchange Commission (SEC) in the United States to prevent such manipulation.

Recent allegations that such illegal activities have been set up "specifically to funnel money into terrorist hands", said columnist Jack Anderson of the Washington Merry-Go-Round.

"I promised that one of my goals was to increase shareholder value, and believe you me I will leave no stone unturned to achieve this goal under the laws set forth. In addition, by terminating these fictitious and illegal trading activities in unauthorized markets and bringing it back to its original splendor we can instantly revive its true volume and supportive share price increase", expressed passionately Mr. Michael Tremis, Chairman, President & CEO.

BIO-TRACKING SECURITY INC.

Bio-Tracking designs and manufactures vehicle/asset tracking and security technology, based on a Patent Pending, wireless interconnection method real-time tracking system. With driver privilege control, remote shutdown, lock/unlock capabilities, GPS navigation, and tracking, biometric fingerprint identification, voice, and spectrum communication. We have added a division to focus on Homeland Security, International Counter-Terrorism, and Informative Risk-Management solutions. The company offers worldwide technical and sales support through its North American office.

SAFE HARBOR STATEMENT

Safe Harbor Statement under Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts may be deemed to contain forward looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitations to; demands and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow and manage its operations.

CXN Media/Bio-Tracking Michael Tremis, 514-338-3805 mtremis@bio-tracking.com www.bio-tracking.com


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Smctbone
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previous NEWS

CXN/BIO-TRACKING Reports Over $5 MILLION of Shareholder Equity
10:20 a.m. 05/27/2004 Provided by


MONTREAL, May 27, 2004 (BUSINESS WIRE) -- CHINA XIN NETWORK MEDIA CORP. (CXIN :OTCBB) the leading provider of Biometric Security and Tracking Technology, today commented on the reported swing to over $5 MILLION of shareholder equity posted in its financial results for the most recent quarter ended March 31, 2004.

On December 2, 2003, the company concluded the acquisition of 100% of the outstanding shares of Bio-Tracking Security of Montreal, Canada in exchange for 100,000,000 restricted common shares of CXN. The stock was trading above $0.05 US and a 52-week range of between $0.011 and $0.12 US on the NASDAQ OTC Bulletin Board.

The preparation of the company's financial statements was done in accordance with Generally Accepted Accounting Principles (GAAP) in the United States of America. As of March 31, 2004 we boast over $5 MILLION of shareholder equity following the acquisition of our wholly-owned Bio-Tracking subsidiary.

"Management has exerted considerable care and judgment in determining the estimated fair value of the company's equity. We believe that the stated $5 MILLION amounts firmly and accurately reflects the value of our business", said Mr. Michael Tremis, Chairman, President, and CEO of CXN/Bio-Tracking..

To supplement our financial statements Bio-Tracking provides investors with additional information, which allows them to have a clearer picture of the company's operations. Management believes that these financial measures enhance the investors' overall understanding of our performance. Investors are urged to review the financial information included as part of our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and quarterly earnings releases.

Mr. Michael Tremis added, "Our team has made significant progress by achieving a strong, virtually debt-free balance sheet. We are please with our results, which provide a foundation for continued growth well into the future.

ABOUT BIO-TRACKING SECURITY INC.

CHINA XIN NETWORK MEDIA CORPORATION acquired BIO-TRACKING SECURITY INC. of Montreal, Canada, in December 2003. Bio-Tracking designs and manufactures Vehicle/Asset Tracking and Security Technology, based on a Patent Pending, Wireless Interconnection Methods, Real-time Tracking, Driver Privilege Control, Remote Shutdown, Lock/Unlock, GPS / Inertial Navigation, Biometric Fingerprint Identification, Voice Communication and Spread Spectrum Communication.

SAFE HARBOR STATEMENT

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitation, demand and competition for the Company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from its operations and the ability of the Company to manage its operations.

CHINA XIN NETWORK MEDIA CORPORATION / BIO-TRACKING SECURITY INC. Mr. Michael Tremis mtremis@bio-tracking.com www.bio-tracking.com


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Smctbone
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CXN/Bio-Tracking Slashes Expenses by 85%
10:30 a.m. 05/27/2004 Provided by


MONTREAL, Quebec, May 27, 2004 (BUSINESS WIRE) -- CHINA XIN NETWORK MEDIA CORP. (CXIN:OTCBB).The leading provider of biometric security and tracking technology, reported expenses of $50,000 for the third quarter ended March 31, 2004 compared to $300,000 for the corresponding period last year. An impressive reduction of 85% or $250,000, achieving the goals set out by management in prior reports.

"Our management strategically has come to fruition dramatically enhancing the financial position of the company. Highlights include a core reduction in the company's burn rate, the elimination of $1.3 MILLION in liabilities, and the realization of over $5 MILLION in shareholder equity," reported Mr. Michael Tremis, Chairman, President, & CEO of Montreal based Bio-Tracking Security.

"Following BIO-TRACKING'S state of the art third generation vehicle/asset tracking technology with the introduction of the WARLOCK MODELS l, ll, & lll, management approves the production phase and the execution of our supreme business model."

The company is currently considering alternatives for a proposed $4 million in equity financing. Shares of the company are listed on the NASDAQ OTC BB stock exchange trading under the ticker symbol CXIN.

For additional information regarding Bio-Tracking Security, including recent financial statements, please visit our company web site at www.bio-tracking.com/ .

ABOUT BIO-TRACKING SECURITY INC.

CHINA XIN NETWORK MEDIA CORPORATION acquired BIO-TRACKING SECURITY INC. of Montreal, Canada, in December 2003. Bio-Tracking designs and manufactures Vehicle/Asset Tracking and Security Technology, based on a Patent Pending, Wireless Interconnection Methods, Real-time Tracking, Driver Privledge Control, Remote Shutdown, Lock/Unlock, GPS / Inertial Navigation, Biometric Fingerprint Identification, Voice Communication and Spread Spectrum Communication.

SAFE HARBOR STATEMENT

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitation, demand and competition for the Company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from its operations and the ability of the Company to manage its operations.

FOR INFORMATION, PRESS RELEASES AND SEC FILINGS. Website: www.bio-tracking.com

CXN Media/Bio-Tracking Michael Tremis, 514-338-3805 mtremis@bio-tracking.com


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Smctbone
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Any opinions on this one?
Looks promising to me.

GLTA


Posts: 372 | From: Belleview, FL, USA | Registered: Apr 2004  |  IP: Logged | Report this post to a Moderator
Malloy
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More news.

CXNM/Bio-Tracking Selected as Official Security and Tracking System During the Canadian Grand Prix

Thursday , June 10, 2004 09:30 ET

MONTREAL, Jun 10, 2004 (BUSINESS WIRE) -- CXNM/Bio-Tracking Security Inc. (OTC BB: CXIN) is proud to announce that the Company has been selected by the FERRARI CLUB OF MONTREAL as the official Security and Tracking System for the upcoming Formula One Grand Prix at the Gilles Villeneuve circuit in Montreal, Canada beginning Friday June 11, 2004.

Bio-Tracking has integrated a new technology geared specifically for open-wheel racing, which allows television viewers to track their favorite driver/car no matter where they are on the racetrack at any given time. This will also allow the race fan to view and track all telemetry online. The WARLOCK is so robust that new features can be continuously integrated without compromising its undeniable performance and reliability while generating unlimited revenue streams.

According to Mr. Maurice Chabot, President of the FERRARI CLUB OF MONTREAL, "The Bio-Tracking WARLOCK has been selected from a long list of finalists to be our official Security and Tracking system for the forthcoming event. We feel that the Bio-Tracking WARLOCK system is the most powerful, flexible, and dominating vehicle security and tracking system on the market to date. After reading the product reviews, and witnessing the WARLOCK in action, I truly believe that any vehicle equipped with a WARLOCK is virtually theft proof combined with its tracking precision. The FERRARI CLUB OF MONTREAL is proud to endorse this product and I personally recommend that all members of the FERRARI CLUB OF MONTREAL equip their vehicles with the WARLOCK."

With over 25 chapters world wide, the Bio-Tracking WARLOCK now has a captive audience of more than 450,000 FERRARI CLUB members. This translates to potential revenues in the Tens of Millions of Dollars.

"I am ecstatic to have the WARLOCK endorsed by such a recognized Automobile Association and solidifies a milestone for our company. Exposure at a world class event which attracts well over 500,000 people throughout the three days, as well as hundreds of millions of television viewers in more than 21 countries worldwide is uncanning," voiced Mr. Michael Tremis, Chairman, President, & CEO.

BIO-TRACKING SECURITY INC.

Bio-Tracking designs and manufactures vehicle/asset tracking and security technology, based on a Patent Pending, wireless interconnection method real-time tracking system. With driver privilege control, remote shutdown, lock/unlock capabilities, GPS navigation and tracking, biometric fingerprint identification, voice, and spectrum communication. We have added a division to focus on Homeland Security, International Counter-Terrorism, and Informative Risk-Management solutions. The company will offer Worldwide informative, technical, and sales support through its North American office.

SAFE HARBOR STATEMENT

Safe Harbor Statement under Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitations to; demands and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow and manage its operations.

SOURCE: CXNM/Bio-Tracking Security Inc.


CONTACT: CXN Media/Bio-Tracking
Michael Tremis, 514-338-3805
mtremis@bio-tracking.com
www.bio-tracking.com

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Smctbone
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More news...up 20% today

June 10, 2004 10:13 AM US Eastern Timezone

CXNM/Bio-Tracking Selected as a Finalist to Be the Exclusive Vehicle Security and Tracking System for John Scotti Automotive Inc.

MONTREAL--(BUSINESS WIRE)--June 10, 2004--CXNM/Bio-Tracking Security Inc. (NASDAQ OTC BB: CXIN) announces the WARLOCK has been chosen as a finalist to be the exclusive Security and Tracking System for John Scotti Automotive Inc.


John Scotti Automobile Inc. has been in business for twenty five years, and in 2003 grossed over $125 million in sale over seven divisions, this averages over 2500 vehicles sold per month. Of those 2500 vehicles, approximately eight out of ten are delivered with an after market vehicle security system.

"We are swollen with pride to be among the Security and Tracking systems to be recognized and selected by John Scotti Automotive Inc. In less than 7 months, our company has risen from relative obscurity to the forefront of the high-tech global Security & Tracking market," said Chairman, President, & CEO Mr. Michael Tremis.

"After vigorously testing several Security & Tracking systems, I am happy to say that the Bio-Tracking's WARLOCK has made our short list. We received proposals from more than 25 different firms, and we have narrowed the field down to three. After reviewing all the features, I must say that I am extremely impressed with the WARLOCK's capabilities. Our final decision is to come in the next few weeks," reiterated Mr. John Scotti, President & Owner of John Scotti Automotive Inc.

ABOUT JOHN SCOTTI AUTOMOTIVE INC.

Established in 1978, John Scotti Automotive Inc. is one of Montreal's finest and most respected car dealerships, and it has grown year after year. Today, the company has seven divisions; these divisions include Jaguar, Lamborghini, Land Rover, Lotus, Subaru, Volvo, Pre Owned Vehicles, Exotic, Antique & Sports Cars. Located at 4305 Metropolitain Blvd East, Montreal, Canada, (514)725-2221, www.johnscotti.com.

BIO-TRACKING SECURITY INC.

Bio-Tracking designs and manufactures vehicle/asset tracking and security technology, based on a Patent Pending, wireless interconnection method real-time tracking system. With driver privilege control, remote shutdown, lock/unlock capabilities, GPS navigation, and tracking, biometric fingerprint identification, voice, and spectrum communication. We have added a division to focus on Homeland Security, International Counter-Terrorism, and Informative Risk-Management solutions. The company will offer Worldwide informative, technical, and sales support through its North American office.

SAFE HARBOR STATEMENT

Safe Harbor Statement under Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts may be deemed to contain forward looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitations to; demands and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow and manage its operations.


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Malloy
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Got in. Small position but if it breaks .05, I'm going in for real.

Too bad I haven't seen this one earlier.

Malloy


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