PASADENA, Md., Feb. 13, 2006 (PRIMEZONE) -- CTR Investments & Consulting, Inc. (Pink Sheets: CIVX) has acquired International Identification Group, the Visitor Tracking Management Company, for shares in CTR Investment & Consulting Inc., plus a performance-based incentive package. The acquisition will strengthen CTR with several new lines of product and business while creating significant new opportunities for the company. The Company now has the ability to offer governments, military and private industry clients new ways to accurately and affordably manage, control and secure visitor traffic in their buildings, military bases, stadiums, field operations and retail environments. CTR and International Identification Group have an unparalleled Visitor Management Suite of Products.
"We desired a turnkey product that is market ready and can generate revenues and profit quickly," said Jerry Janik, President and Chief Executive Officer of CTR Investments & Consulting Inc. "Further, this acquisition strengthens the company's ability to aggressively attack a market the requires the need for heightened security through improved identity knowledge."
A Powerful Suite of Products
Through this acquisition CTR's new Suite of products provides a simple and secure visitor badge and tracking system. Users scan an ID, in under 10 seconds all the visitor's information (including a picture) is intelligently extracted into a database and made available for on-screen validation. Later the database can be searched on a number of different criteria to provide for easy forensic analysis. In addition, at the client's option, the product suite can automatically perform a criminal background check and internal RFID tracking.
This Suite of products increases productivity and reduces human error through the automated OCR process. Sign in books will become a thing of the past. Each visitor is clearly identified with a picture and bar code, making it easy to identify unauthorized visitors.
In addition, International Identification Group can help expand the companies DataSafe global footprint by providing clients a simple, complete and cost effective solution to managing and securing there visitor traffic information.
About CTR Investments & Consulting Inc.
CTR Investments and Consulting, Inc. provide a family of information technology services and products used by customers in the financial, private, government and health care sectors. CTR's specialization is in identity information and data assurance, visitor management and security technologies.
About International Identification Group
International Identification Group was founded to provide a comprehensive turnkey hardware and software solution for electronic visitor management. International Identification Group's Suite of products provides fast and secure visitor registration, record keeping, reporting and badge printing. In thirty seconds or less, the person is professionally checked in and an accurate record kept.
About DataSafe
The DataSafe Solution Set provides the controls needed to convert standard electronic data into legally bound electronic records. The Solution Set provides modules to capture electronic records, wrap them with a security seal, and then control access assuring its authenticity and legal status. For example a contract can now be stored electronically and have the same legal status as if it were on paper.
Forward-Looking Statements
Except for historical information, all other information provided in this news release consists of "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1935. These "forward-looking statements" are subject to risks and uncertainties, which could cause actual results to differ materially from those projected, anticipated or implied. The most significant of these risks and uncertainties are discussed and identified in CTR Investment & Consulting, Inc.'s public filings made with the Securities and Exchange Commission, and include (but are not limited to) a possible inability to raise adequate capital to execute proposed strategies, changes in overall strategy due to economic, regulatory, governmental and/or market conditions, the costs and difficulties related to integration of potentially acquired businesses, potential changes in customer and supplier relationships of potentially acquired firms, changes in governmental regulations, changes in management, and changes in financial markets.
For further information about this release and the business at CTR Investments & Consulting, Inc., contact: Jerry Janik CEO, at (703) 340-8692, or fax: (678) 932-9974, or jerryjanik@cablespeed.com.