Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Torq Resources Inc V.TORQ

Alternate Symbol(s):  TRBMF

Torq Resources Inc. is a Canada-based copper and gold exploration company with a portfolio of holdings in Chile. The Company's projects include Santa Cecilia and Margarita. The Santa Cecilia mineral exploration project is a 3,250-hectare property located approximately 100 kilometers (kms) east of the city of Copiapo, Chile, in the southern region of the world-class Maricunga belt and immediately north of the El Indio belt. The belt is characterized by gold epithermal and gold-copper porphyry deposits. The Margarita Iron-Oxide-Copper-Gold (IOCG) project is comprised of approximately 1,445 hectares and is located in Chile, 65 kms north of the city of Copiapo with access to infrastructure. The property is located within the prolific Coastal Cordillera belt that hosts the world-class Candelaria (Lundin Mining Corp.) and Mantoverde (Mantos Copper Holding) IOCG mines, and porphyry-skarn deposits such as Santo Domingo (Capstone Mining Corp.) and Inca de Oro (PanAust/Codelco).


TSXV:TORQ - Post by User

Bullboard Posts
Post by CMaxon Dec 29, 2009 10:13am
329 Views
Post# 16622504

News

Newshttps://www.newswire.ca/en/releases/archive/December2009/29/c5822.html

Sirit Installs First EVR Enforcement System in Latin America

Mexico takes action to enhance nationwide security and public safety

TORONTO, Dec. 29 /CNW/ - Sirit Inc. ("Sirit") (TSX: SI), a global provider of radio frequency identification ("RFID") technology, along with its partner, Axiompass, a leading integrator and supplier of tolling equipment and RFID systems, announces that Sirit's RFID technology has been successfully installed and integrated into the first Electronic Vehicle Registration ("EVR") system in Latin America.

The EVR system represents a continuation of the initiative by the Mexican government to enhance security and safety on roads across the country. This follows the initial inauguration by MexicanPresident Felipe Calderon back in June 2009.

Sirit's IDentity 5100 ("ID5100") and lane controller technology read the National Public Vehicle Registry tags while cameras also capture an image of the license plate. The data is then transmitted to a central database which matches the data to vehicles of interest. This enables the various regional enforcement agencies to recognize identified vehicles on a watch list and take appropriate action as the vehicle travels along the highway. To date, forty-two lanes have been installed by Axiompass and are fully operational.

"We are thrilled to have installed the first fully functional EVR system in Latin America. We continue to find that the ID5100's flexibility and ease of installation enables a seamless integration of the new RFID system into Mexico's current infrastructure. We are very pleased with the progress and success of this project," commented Jeronimo Beltran, President, Axiompass.

"I am very excited to have Sirit's ID5100 reader and lane controller technology as an integral piece of the first operational EVR system in Latin America. This is a testament to Sirit's development efforts creating leading edge, functional and reliable RFID technology. We believe this is just the start for Mexico and other countries as the positive impact on safety and security is generated through the implementation of a full scale EVR system," added Wolf Bielas,President Latin America, Sirit.

About Sirit Inc.

Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency Identification (RFID) technology worldwide. Harnessing the power of Sirit's enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs. Sirit's products are built on more than 16 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards. Sirit's broad portfolio of products and capabilities can be customized to address new and traditional RFID market applications including Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Near Field Communications, Inventory Control & Management, Asset Tracking and Product Authentication. For more information, visit www.sirit.com.

About Axiompass

Axiompass is a leading integrator of person and vehicle identification systems in North America. Axiompass' products include automatic vehicle identification, identity management, access control, electronic documents, and secure electronic payment. Axiompass bases its technology solutions on smartcard, biometric, and RFID technology. For more information, visit www.axiompass.com.

Cautionary Note Regarding Forward-Looking Statements

Bullboard Posts