Sensor Media Licenses Silicon Replacement Technology – Applicable to Biometrics, Solar Cells and Plastic Televisions
Sensor Media Corporation (SMC), a company that has at its core a
polymer based technology that can be used to replace silicon technology in a number of applications, has concluded the sublicensing
of its technology with Sure Trace Security Corporation (OTC:SSTY), through its three subsidiaries, SMC Solar,
SMC Biometrics and SMC TV The specific intellectual property rights under consideration are for the development of solar collection
systems, fingerprint imaging systems and TV backplane systems. As part of the agreement, SSTY also obtained the sole option
to acquire SMC’s three subsidiaries. The three subsidiaries have already been granted exclusive sub-licenses to SMC’s
technology.
Sure Trace is a systems integration company that is involved in
the anti-counterfeiting, security surveillance and integrated tracking device markets. Sure Trace has made plans to provide
solutions that involve both its own proprietary technology and that of third parties, such as Sensor Media, through licensing
and joint venture arrangements.
