Saudi Chemical Company Invests in ExploTrack; Takes the Lead as First Middle East...

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Tue Jan 22, 2008 7:43am EST

Saudi Chemical Company Invests in ExploTrack; Takes the Lead as First Middle
East Company to Enter Global Explosives Security Market

PHILADELPHIA, Jan. 22 /PRNewswire/ -- ExploTrack, Inc. is pleased to
announce that the Saudi Chemical Company has taken an investment position in
its company, which provides breakthrough technical solutions that detect,
track, monitor, and identify explosives in real-time and enable unprecedented
supply-chain security. In doing so, the Saudi Chemical Company is
demonstrating leadership as a Middle Eastern entity committed to the goal of
global explosives security.
    "ExploTrack is a strategic investment for the Saudi Chemical Company which
represents our commitment to technology and innovation. ExploTrack provides
unprecedented global explosives security with clear chain-of-custody and
authentication in the dynamic commercial explosives environment," said
Mohammed H. Al-Sogaih, Deputy General Manager, Saudi Chemical Company.
    ExploTrack is the inventor of Smart Explosives and Smart Detonators, which
are transported in Smart Cases and secured in Smart Magazines.
    "Real-time globally visible explosives security is one of the best
defenses against terrorists who misuse explosives to manufacture bombs," said
Bob Morhard, Chief Executive Officer, ExploTrack, Inc. "With this
unprecedented end-to-end solution, we are embarking on an age in which Smart
Explosives and Smart Detonators and their chain-of-custody is visible in real-
time any place on earth."
    The Saudi Chemical Company, a Saudi Joint Stock Company, traces its
beginning to 1972 as the first and sole civil explosive manufacturing company
in Saudi Arabia. The company has a strong commitment to technology,
innovation, quality, and market globalization.
    "The strength and world-class standing of the Saudi Chemical Company and
their involvement in ExploTrack, Inc. is a positive force in the establishment
of our goal of global explosives security," said Morhard. "Real-time
explosives control is a requirement for 21st century global security with
approximately 9 million metric tonnes of explosives moving throughout the
global supply-chain annually."
    "We recognize the vital importance of providing a secure and efficient
means of tracking explosives shipments as they move through normal commerce
throughout the world," said Al-Sogaih.  "By combining Saudi Chemical Company
strengths with the ExploTrack record as an explosives technical services
provider to the multinational industrial explosives manufacturing industry, we
are now in a position to ensure the rapid deployment of explosives security
systems throughout the world."
    As a global RFID developer and manufacturer, ExploTrack technologies
support a broad range of applications involving Transportation and Logistics,
Asset and People Tracking, and Supply Chain Management. "The ExploTrack
technical solutions are based on the company's patented RFID technology
platform, which operates to stringent explosives safety standards, in real-
world environments where other RFID technologies repeatedly fail," said
Morhard.
    The Master Lock Company and ExploTrack have teamed up to develop the
ExploSecure product line, which uses advanced PulseCode electronic locking
technology for storage magazine doors, explosives delivery truck doors, ocean
container doors, bulk truck access panels, production areas, bulk storage
bins, rail cars, and any other area where explosives must be positively
secured.  ExploSecure provides the administrator with an audit trail by
providing details of exactly who opened the door and when it was opened.
MagTrack, a part of the ExploAccess product line, compliments the ExploSecure
system to provide a hardware and software platform to positively control and
monitor explosives materials inventory and their real-time storage conditions
anywhere in the world using secure wireless communications protocols operating
under solar power, all under a secure web-based software platform.  The
MagTrack system can be installed on an existing magazine door in less than
five minutes!
    ExploTrack will launch ExploSecure and ExploAccess at the International
Society of Explosives Engineers annual conference January 26-30, 2008 in New
Orleans, LA USA. ExploTrack products will be available for purchase in
February 2008 on www.explotrack.com
    About Saudi Chemical Company.  (Saudi Stock Exchange SCCO) Saudi
Chemical's line of production includes the latest generation, safest, and
worldwide commonly used civil explosives and non-electrical detonators.
KEMULEX is an emulsion type explosive characterized by its high detonation
velocity and good waterproof properties and packaged in special plastic
cartridges with different sizes that meet the clients' needs.  Saudi Chemical
Company also manufactures SANEL non-electric detonators that provide the
precise control and accuracy that reduces blasting vibration and improves
fragmentation for all kind of blasting. Progress continues and Saudi Chemical
proceeds along the path of ongoing improvement, advancing in all aspects that
go beyond expectation to provide domestic and global supplies of most modern
explosives. This resulted in new production line for ENVIROSEIS, the latest in
seismic explosives specially designed for seismic exploration. Proudly,
ENVIROSEIS is now used for oil and gas exploration in Saudi Arabia.  In
addition, the company offers wide variety of Electrical Detonators and
Detonating Cords in addition to all accessories for rock blasting and oil
exploration.
    About ExploTrack, Inc.  ExploTrack provides explosives supply-chain and
real-time explosives security solutions worldwide to manufacturers,
distributors, and users of explosive, propellant and pyrotechnic materials.
ExploTrack hardware and software is specifically designed to meet stringent
explosives safety and security standards.  ExploTrack solves a pressing global
security problem by providing detection, tracking, monitoring, and
identification solutions. Using advanced RFID technologies, explosives
materials are tracked and monitored in real time, in an end-to-end supply
chain from production through logistics, in storage magazines, and finally in
use at the blasting site.   ExploTrack, Inc. grew from Zukovich, Morhard &
Wade, LLC, a world-class design and engineering firm that specializes in
projects involving explosives, propellants and pyrotechnics with extensive
experiences in explosives and detonator manufacturing in the US and in more
than 72 countries worldwide (see www.exploenergy.com). Thomas A. Gelormino,
who provided ExploTrack with early stage investment capital, further enabled
ExploTrack, Inc.  Mr. Gelormino is the owner of Vet's Explosives, Inc., a 50-
year-old urban drill, blast and explosives distribution company operating in
Connecticut, New York and Massachusetts. Mr. Gelormino's other investments
include MetroRock, LLC., the predominant supplier of drill and blasting
services in New York City.   ExploTrack offers RFID ePedigree tracking and
monitoring of Smart Explosives, Smart Detonators, Smart Cases, Smart Magazines
with Mag-Track at the pallet, case and unit level.  ExploTrack provides
unprecedented global explosives security technologies, which include real-time
monitoring of light, heat, motion, movement, and noise conditions inside Smart
Magazines, and aboard smart trucks and smart ocean containers.  Software and
communications are built with the best data security encryption available.
ExploTrack Smart Magazines with Mag-Track include edge-ware access control
devices.  Explosives security is enhanced by RFID interrogation platforms at
the pallet, case and unit level during logistics functioning for real-time
explosives security and also GPS "GEO-FENCING" of critical infrastructure.
    NOTICE:  USA & FOREIGN PATENTS & TRADEMARKS ISSUED & PENDING:  Smart
Explosive, Smart Detonator, Smart Case, Smart Magazine, MagTrack, Smart Blast,
ExploAccess, ExploSecure, ExploBulk, ExploTrack, ExploTrack RFID and the
ExploTrack logo.
SOURCE  ExploTrack, Inc.

Mr. Bob Morhard, Chief Executive Officer of ExploTrack, Inc., Tel:
+1-215-513-0900, Cell: +1-610-306-4637, Fax: +1-215-513-4375,
morhard@explotrack.com; or Mr. Mohammed H. Al-Sogaih, Deputy General Manager
of Saudi Chemical Company, Tel: + 966 1 476 147 49656, Cell: + 966 505 451284,
Fax: + 966 1 476-1275, alsogaih@saudichemical.com
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