 |
T
& G2 (OTC BB: TTGG) |
 |
Editors Note:
At Stockupticks, we regard innovation as a key ingredient
to success. When that innovation meets prevailing need we really
take notice.
Public interest for increased security has surged since September
11, and an often talked about solution for securing critical work
areas and high rise office buildings is a system that positively
identifies employees and workers, exactly what our featured company’s
T & G2 SecureTime® product is designed to do. The
system even works in tandem with doorlocks and surveillance cameras
to prevent any unauthorized access by someone under duress.
Jeff Helleberg, an independent analyst with Market Advisors Research,
said in his April 2002 report (Click
Here), "With a seamless interface to payroll services,
it (SecureTime) provides the client with one of the most cohesive
time and attendance management systems available anywhere. If
this company had nothing going for it but providing this service,
it would be an exciting opportunity. But this is just the beginning
of the T&G2 story." Helleberg's report also places a
short-term, $3.00 target price* on the stock, based on his research.
To read Helleberg's June update, Click
Here.
Biometrics, the essence of T & G2 SecureTime®,
identifies people based on computerized recognition of unique
physical features. Each day, it is growing increasingly more apparent
that it is indeed the way of the future and in this treacherous
global climate, companies have been quick to adopt the newest,
most effective security technologies on the market.
Fingerprints have been used for years at government agencies
and now commercial institutions can protect their employees with
unmistakable identity checks. Because of the events of September
11, identity concerns have heightened dramatically and The
SecureTime® System couldn't be easier to adopt. Companies
don't need an IT staff or a system administrator to employ the
SecureTime system. No hardware updates, no site licensing, no
extra charges for system upgrades. Customers aren't even responsible
for maintenance - ever!
From commercial plants to gaming operations to the hotel industry,
the T & G2 SecureTime ID System has arrived at a unique and
opportune time in the market.
After reading this mailing, look around and think about where
you’ve been today, where you’ll go tomorrow? Could this product
make those locations safer? If you were in charge of those facilities
and could make the locations more secure cost effectively and
with little effort on your part, would you?
You know your answer. Now, take a few moments to read
a little more about this company...
THERE IS THE OLD WAY OF DOING THINGS
AND THEN THERE IS THE NEW WAY OF DOING THINGS
T & G2
has a new contract for its SecureTime Biometric ID System with
The Palos Verdes Inn in Redondo Beach, California to identify
employees and track their schedules ... and Premise Inc.
was so impressed when it beta-tested the system, they contracted
for the continued use of two systems, the CEO went on a nationally
syndicated financial televison program to praise the system and
Premise referred two new potential clients to T & G2, one
of which is a fortune 500 company ... and The T
& G2 'Zingo' Product has been
rewarded with contracts for its Bingo product from both Gaming
companies and the U.S. Military.
COMPANY
SNAPSHOT
Through its Wholly-owned subsidiary Solutions Technology Inc.,
T & G2 has developed the multi-functional, smart terminal
SecureTime® biometric fingerprint identification and attendance
system. The system can be used to improve security at airports,
government offices, and other areas, and for payroll and attendance
purposes. T & G2 also wholly owns Zingo Sales, LTD., which
it acquired in the spring of 2002. Zingo is a bingo gaming technology
that can be used in a bingo hall or on a hand-held touch-screen
device.
 |
ABOUT
THE T & G2 WHOLLY OWNED SUBSIDIARY: SOLUTIONS TECHNOLOGY,
INC. |
 |
The
U.S. Market for employee time-tracking and payroll is approximately
$10 billion and is at least that large again internationally.
For example, the hotel industry needs a system that can handle
gratuity and free food for its employees. Hospitals need a system
that can schedule staff and nurses in accordance with government
rules and regulations. Similarly, overseas markets have totally
different requirements than the U. S. market. Most countries pay
wages on a monthly basis; thus their rules for overtime and penalties
are totally different. Solutions Technologies has designed their
software to be completely data based modular and multi-lingual.
The Company's objective is to capture 2% of the U. S. market
and a sizeable portion of the international markets over the next
five to seven years. Gaining just 2% of the U.S. market would
equate to approximately $200 million in gross sales per year.
This is a huge market, and capitalizing on it is the key to the
success. Under a non-exclusive agreement, foreign distributors
will purchase Solutions Tech hardware up front. There will be
a monthly license fee per unit per week charged on an ongoing
basis for the use of sophisticated SecureTime® software. Portland
Entertainment has expansive contacts and relationships in numerous
International markets and through these relationships, Portland
Entertainment will distribute and service the SecureTime units.
The
International Market.
Through this partnership with Portland Entertainment, expansion
into Cyprus, Turkey, Hungary, Poland and the Czech republic has
already begun. Forming working relationships with several
leading distribution companies like Portland only enhances the
Solutions Tech's bottom line. And of course, increasing revenues
add to shareholder value and a rising stock price. The real key
to success is that Solution Tech provides all the nuts and bolts
of their service. Unlike other companies that branch out to third
parties for technical support and help, Solution Tech is service
intensive and does all the support for their systems. This is
unique in the industry and at this time no other company offers
this complete package.
Solutions Technology, Inc. offers a customized SecureTime®
biometric system that integrates fingerprint recognition security
seamlessly into your business. Utilize our system to dramatically
minimize your risks, streamline your processes, track your resources,
and trim your labor costs. The SecureTime® biometric system
consists of two key components: stand alone biometric terminals
and a back office suite of software services managed by Solutions
Tech. The terminals can operate at your business independently,
or be synchronized at any time via internal modem or Internet
access. Each biometric terminal verifies identity while recording
a time-stamped transaction. The configurable back office suite
performs data collection and report generation in a variety of
formats and media types that you choose.
The Old Days Are Gone
The flexibility of the SecureTime® biometric system allows
easy integration into the following applications:
1) Identity Verification
(tracks your resources precisely, by location)
2) Secure Site Access (controls
your alarms, turnstiles, and/or doors)
3) Time & Attendance (calculates
labor hours, exports directly to your payroll service)
To reap the benefits of a SecureTime® biometric solution,
all you need is a dedicated phone line. All of the hardware and
software components of our systems are provided to our customers
for an all inclusive periodic service fee based on the number
of human resource assets that use the system. With our solution,
you won't need a system administrator, you won't need to make
a significant investment in hardware, you won't need a maintenance
contract, you won't need spare parts, you won't need to purchase
upgrades, and you won't even need an IT staff. Solutions Tech
hosts the backoffice suite at our location in full compliance
of your security requirements.
Outsourcing.
Due to streamlining, efficiency and budget cuts, the 90s saw
everything from payroll to management consultation being outsourced
to save dollars. Due to high startup costs and the complexity
of security systems, many companies are unable to take the appropriate
steps to protect themselves from site access. Other companies
find themselves unable to support an internal security solution
that is not their core competency. Solutions Tech can take the
cost of hardware and software out of the equation and provide
a value proposition that is impossible to beat: Solution
Tech provides the solutions purely as a service.
The bottom line is that the Solutions Tech system enables clients
to control and manage their resources precisely and become more
efficient, without costs associated with ownershipand the company
has earned solid references from 100% of our clients to date.
 |
WHY
BIOMETRICS ? |
 |
PRODUCT SNAPSHOT
The first biometric system Solutions Tech developed is a Time
and Attendance system. This system has all the major components
of a positive ID data collection system. No "secret" required.
Non-biometric systems require the use of "secret" information
such as a PIN number or mother's maiden name to
identify an individual. Such systems are notoriously insecure.
By using the SecureTime Time and Attendance System, it is possible
for a company to potentially save up to 5% on payroll by eliminating
worker fraud such as ``Buddy Punching''. The SecureTime System
is also a comfort for workers because the fingerprint technology
eliminates almost all disputes as to the amount of time a worker
was actually at work. Additionally, the SecureTime System is able
to interface with payroll companies thereby eliminating the chance
for lost and/or incorrect data that occurs from manual transfers.
The SecureTime Biometric system is also capable of being used
for security purposes. With these programming adjustments, the
system can be tied into other
surveillance systems to provide added security in highly sensitive
work areas. Solutions Tech offers a complete turnkey solution
for a small or mid-sized company that needs to collect time and
attendance, scheduling, entitlements, and personal/pay records.
With a seamless interface to payroll services, it provides the
client with one of the most cohesive time and attendance management
systems available anywhere.
STAND ALONE SYSTEMS AND TERMINALS
LAN/WAN
Independent.
Solution Tech devices are capable of being connected to a corporate
LAN, but this is not a requirement. This feature greatly reduces
the installation time and avoids burdening (or, in the worst case,
creating) the corporate IT infrastructure. AC/Telco is the only
requirement - Solution Tech systems are designed to collect data
independently with occasional data upload via a telephone modem
connection.
Systems
are sold as a service.
Data collection and reduction included - Solutions Technology
collects the data from the terminals, processes the data, produces
human-readable reports, and produces files needed by the customers
computer systems (e.g., files containing hours worked are produced
for the customers payroll system from data collected by the time
and attendance system)
Maintenance
free terminals.
Are included with the service, are installed and maintained by
Solutions Technology. They are customizable and the terminal configuration
is flexible, with bar code readers and SmartCard support being
added as needed. The terminals are SmartCard programmable and
reports and files may be customized to customer's specification
COMPETITIVE PRODUCTS
At present there are only two major systems on the market: mechanical
punch card machines and electronic swipe card machines. Roughly
90% of all businesses use mechanical punch card machines and 10%
use electronic swipe cards. This is the competition for TTGG and
with the advances in technology and strides the company has already
made, we feel strongly that TTGG has the product to penetrate
the market and improve a customer's bottom line.
Mechanical Time Clocks have their employees insert a paper "punch
time card" in the clock at the beginning and at the end of a work
day. The clock stamps the date and time on the card. At the end
of the work period these cards are collected and a payroll clerk
calculates the hours and submits it to payroll. Various versions
of these time clocks are available on the market and the cost
varies between $99 and $3,000.
Electronic Swipe Card machines are data collection terminals
that are linked to a computer. They are designed to store a limited
number of absolute minimal information or raw data. This raw data
is then transferred to a computer and the related software converts
this data into the payroll information.
Simply put, biometrics refers to the automatic identification
of a person based on his/her physiological or behavioral characteristics.
This method of ID is preferred over traditional methods involving
passwords and PIN numbers for various reasons:
1) the person to be identified
is required to be physically present at the point-of-identification;
2) identification based on
biometrics techniques does away with the need to remember a password
or carry a swipe card for examples. With the increased use of
computers as vehicles of information technology, it is necessary
to restrict access to sensitive/personal data.
If the industry in general begins replacing PIN's, biometric
techniques can potentially prevent systems of identification from
being stolen.Various types of biometric systems are being used
for real-time identification; the most popular are based on face
recognition, iris scanning and fingerprint technology. The hardware
Solutions Tech has, accommodates almost all situations and markets.
What
they're saying...
"Here at Copies On Premise,
our employees are often required to work at our clients' sites.
The SecureTime® service provides two critical solutions in
that regard: with positive fingerprint recognition it securely
verifies our employees' identity without the need for additional
security badges, and it also tracks the payroll hours spent at
each site without the need for a supervisor. This isn't possible
with any other system on the market today. Thanks, Solutions Technology!"
Manager, Copies On Premise, Inc.
 |
ABOUT
T & G2's WHOLLY OWNED SUBSIDIARY: BINGO IT'S ZINGO
! ! ! |
 |
Zingo
manufactures electronic bingo and related gaming systems using
off the shelf components and markets these products.
The Zingo products are comprised of the latest hardware components
available. Additionally, the programming has just been completed
providing Zingo with the most advanced software in the electronic
bingo market today. With the Zingo system, bingo players who can
only follow 5 or 10 bingo cards at a time on paper will now be
able to play hundreds of bingo cards at one time. The bingo halls
and casinos love the system because they can now charge for additional
bingo cards played without the additional cost of paper. Another
reason the demand is so great for our system is that there are
other games that can be played between each bingo session that
generates additional income for the casino/bingo operator.
What
Sells Zingo.
With the Zingo system, bingo players who can only follow 5 or
10 bingo cards at a time on paper now have the capability to play
hundreds of bingo cards at one time. The bingo halls and casinos
love the system because they can now charge for additional bingo
cards played without the additional cost of paper. Another reason
the demand is so great for this system is that there are other
games, which can be played between each bingo session generating
additional revenue for the casino/bingo operator.
Fixed
based bingo units and applications.
This unit is a touch screen similar to a computer monitor with
minor hardware changes. The bingo unit will be hard wired into
the bingo hall and as the name implies, it will not move around
the bingo hall with the player. Sophisticated software has been
developed for the bingo unit.
For the bingo hall, the fixed base unit provides a way to dramatically
increase their revenue and earnings. Players will now be able
to play hundreds of bingo cards at the same time. The bingo hall
is able to market the extra cards to the players and since the
prize payouts are basically the same, the bingo hall is able to
increase its profits.
The unit allows the Indian bingo hall to make extra money between
bingo games. The sophisticated software will allow the bingo halls
on Indian reservations to provide variations of poker, blackjack,
and even quick play games of bingo. On non-Indian lands, the same
games can be played for fun to keep the players busy. This has
been shown to draw additional players to the bingo hall.
Zingo
military.
The first product is a fixed based unit and the second product
will be a hand held unit expected in the second half of 2002.
Proprietary software
has been developed that is equivalent to and/or more advanced
than anything currently on the market.
 |
TAKIN'
IT TO THE STREETS |
 |
MEDIA
Beginning on March 11, 2002, T & G2 CEO James Farinella began
an exhaustive campaign to take the story of the company to the
public, the media and the financial community. Rarely has an OTCBB
CEO worked so hard at getting the word out. He was a featured
guest on the nationally syndicated Windows to Wall Street Radio
Program and that program will play ongoing T & G2 updates
in cities such as New York, San Francisco, Washington D.C., Miami/Ft
Lauderdale, Orlando, Central/Northern New Jersey, Philadelphia
and Portland as well as many other cities.
Also, Mr. Farinella and Steve Bostwick were featured guests on
Alexander Haig's World Business Review TV Series on Risk Management.
This show will air on U.S. Public Television stations in New York,
Chicago, San Francisco and Miami as well as many other cities
and will be seen for several months on United Airline flights.
The story of T & G2 will also be told on PBS Business News
in the top 50 domestic ranked markets in the U.S. including: New
York, Los Angeles, Chicago, Philadelphia and Boston.
 |
SELECTED
FINANCIAL HIGHLIGHTS |
 |
Industry : Computers-Integrated Systems
Shares Outstanding -8.5 million
Float-2.5 million
Current Price-$0.92
Market Cap: $7.8 million
52-Week High: $12.00
52-Week Low: $0.55
 |
FOR
FURTHER INFORMATION, CONTACT |
 |
CORPORATE ADDRESS
65 La Grande
Berkeley Heights, New Jersey 07922
Want
to feature YOUR company to over 1 MILLION investors?
Click
here to
learn more about our programs or email us directly at info@stockupticks.com
Stockupticks
Safe Harbor Statement: Statements contained in this
document, including those pertaining to estimates and related
plans other than statements of historical fact, are forward-looking
statements subject to a number of uncertainties that could cause
actual results to differ materially from statements made.
*Information and excerpts
from reports written by Jeff Helleberg, an independent analyst
with Market Advisors Research, are strictly the opinion of Jeff
Helleberg, an independent analyst with Market Advisors Research.
These opinions are not the opinions of MP and Stockupticks and
in no manner reflect an endorsment of the opinons expressed by
Jeff Helleberg, an independent analyst with Market Advisors Research.
Disclaimer:
StockUpTicks.com is a property of Market Pathways Financial Relations
Incorporated (MP). The information, opinions and analysis
contained herein are based on sources believed to be reliable
but no representation, expressed or implied, is made as to its
accuracy, completeness or correctness. Past performance
is no guarantee of future results. This report is for information
purposes only and should not be used as the basis for any investment
decision. MP has been paid $12,000 by T
& G2 for distribution of this report. This constitutes
a conflict of interest as to MP’s ability to remain objective
in its communication regarding the subject company.
Write or call MP for detailed disclosure as required by Rule 17b
of the Securities Act of 1933/1934. MP is not an investment
advisor and this report is not investment advice. This information
is neither a solicitation to buy nor an offer to sell securities
but is a paid advertisment. Information contained herein
contains forward-looking statements and is subject to significant
risks and uncertainties, which will affect the results.
The opinions contained herein reflect our current judgment and
are subject to change without notice. MP and/or its affiliates,
associates and employees from time to time may have either a long
or short position in securities mentioned. Information contained
herein may not be reproduced in whole or in part without the express
written consent of Market Pathways Financial Relations Incorporated.
|