delSECUR to purchase the intellectual property assets of the corporation

first_imgdelSECUR CORPORATION, a Nevada Corporation based in South Burlington, Vermont (Pink Sheets: DLSC) announced today that its Board of Directors has accepted, subject to the approval of the majority of the shareholders entitled to vote, an agreement to purchase the Intellectual Property Assets of delSECUR CORPORATION. The consideration for such purchase will be in the form of a 49% interest in the shares of common stock of Q Tech Systems, Inc., an Ontario, Canada Corporation.The primary asset to be acquired by Q Tech is the del-ID technology, a patented device and system of authenticating individuals through biometric means invented by Pierre de Lanauze, the former President & CEO of delSECUR. Q Tech, which also develops and markets technologies to enhance security and identification processes, plans to incorporate the del-ID technology with its proprietary technology. “Q Tech will be immediately focusing on the invention of Pierre de Lanauze’s analog technology and believes it can make this combined technology commercially viable and bring it to the marketplace,” said Randall McCormick, delSECUR’s current CEO.Mr. McCormick further stated, “We believe this is a great opportunity for the advancement of the del-ID technology and puts our business plan and mission statement immediately into action without further delay.It is time to bring the del-Id technology to the next level and to test its capabilities. With this new alliance we are much closer to that goal.”delSECUR, a public company (Pink Sheets: DLSC) with its head office in S. Burlington, VT., is a technology development company of a unique authentication process based on abstract images of biological data collected from the fingers of living persons.This Press Release may contain forward-looking statements. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and other similar statements. Statements that are not historical facts, including statements relating to anticipated future earnings, margins, and other operating results, future growth, construction plans and anticipated capacities, production schedules and entry into expanded markets are forward-looking statements. Such forward-looking statements, based upon the current beliefs and expectations of our management, are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements and are subject to the risks normally associated with the completions of a corporate transaction. The information set forth herein should be read in light of such risks. We assume no obligation to update the information contained in this press release, except as required under applicable law. SOUTH BURLINGTON, Vt., Aug. 4, 2009 /PRNewswire-FirstCall/ —last_img read more

West Ham win Rat race

first_img The 31-year-old full-back will link up with his new club after his current deal with Ukrainian champions Shakhtar Donetsk expires on July 1. Rat has spent the last 10 years in Ukraine, winning 15 trophies in total and has 88 international caps. West Ham United have announced the signing of Romania captain Razvan Rat on a free transfer on a one-year deal. West Ham have the option to extend the deal to two or three years and his capture has delighted manager Sam Allardyce. “I’m hugely happy that we’ve got a player of his experience and his character,” the boss told the official West Ham website. “He’s been playing Champions League football this year and at the highest level for many years. Shakhtar had offered him a very good contract, but his ambition was to come and try his abilities and skills in England. “When you hear somebody speak so positively about that, then you know they’ve got the mental character that’s needed to do well in this division. “We certainly know he’s got the ability and he’s at an age where he’s still capable of producing at 31. “He speaks perfect English, which he taught himself, and that shows the discipline and the character of the man. Discipline, character and ability are the three big things in the Premier League, and with a little bit of adjusting, we’ll see him early on in the season giving hopefully his best performances for West Ham.” center_img Press Associationlast_img read more