SURETRACK MONITORING PLC (PLUS: STMP)
ISSUE OF EQUITY
The Board of Suretrack Monitoring plc ("the Company") a UK based asset security
tracking business announces that it has placed 4,000,000 ordinary shares at 1p,
raising £40,000 for general working capital purposes.
The Company further confirms that the total number of Ordinary 1p shares in
issue is 387,643,000.
The Directors of Suretrack Monitoring plc accept responsibility for this
announcement.
For further information:
Will Hirons, CEO
Suretrack Monitoring plc
E: will@sure-track.co.uk
T: 01926 863 630
Bridge Hall
E: corpfin@bridgehall.co.uk
T: 020 7337 9705
Michael Padley/Simon Astley
Lothbury Financial
T: 020 7011 9411
Notes to Editors
Suretrack, is the UK's leading GSM based asset tracking service.
Its latest product, Sure-track MT2, is a small self-contained GPRS/ GSM/ RF
tracking device used to assist the recovery of lost or stolen assets. The
latest GSM based positioning technology is combined with Radio Frequency
Identification (RFID) to create a covert security product. No specialist
installation is required so it can be quickly and easily concealed within any
asset.
The MT2 represents the next generation of battery powered asset tracking
devices. The tracker now uses GPRS rather than SMS, which is a much more
efficient power system. This system lasts up to three years and contacts the
control centre much more frequently (every 45 minutes) giving its position. It
uses an exclusive and exceptionally accurate triangulation location system.
The company's key business areas are in the plant hire and construction
industry as well as the farming community and also from caravan manufacturers.
In March 2009, Suretrack acquired IBP-Group Limited ("IBP"), a company that
provides a suite of products that centre on deterring and reducing the
incidence of robbery, primarily relating to cash - protecting staff and
customers from violent crime.
IBP work closely with major Financial Institutions, Retailers and leading
Cash-in-Transit Companies in co-operation with the police, to achieve a target
reduction in raids and other crimes in hot-spot areas. They are also suppliers
to the Police Crime Prevention Initiative Raid-control™, focusing on deterring
and foiling robberies at independent retailers.
Two major crime prevention initiatives, Banknote Watch™ and Raid-control™ were
conceived by IBP-Group's and donated without charge to assist in national and
international crime prevention.
IBP-Group is an ISO 9001:2000 quality certified company and a member of the
BSIA Cash and Property Marking Section. In February 2007 the IBP team was
awarded a Metropolitan Police Service Commendation for "continued support of
the MPS Flying Squad in respect to crime reduction initiatives, in particular
Rapid Reaction Smoke Packs, Banknote Watch™ and Raidcontrol™."
[www.ibp-group.com].
www.sure-track.co.uk
www.ibp-group.com
END
SURETRACK MONITORING PLC
