R.S.O. 1990, c. S.5, AS AMENDED (the "Act")
IN THE MATTER OF
ADRIAN BEALE, DOMINIQUE BOITER, MICHAEL BUSUTTIL, PETER S.CROMBIE, PAUL CURLEY, TOM DE FAYE, ALAN GANE, LARRY HALEY, PHILHEMBRUFF, RAYMOND V. HESSION, ROLAND HORST, TONY JOHNSTON, BOBLO, TERENCE J. McCONNELL, GARY M. MUNSINGER, SCOTT NELSON, ANDY A.RYBAK, JAY SARKAR, THEODORE M. WELP AND RESEARCH CORPORATIONTECHNOLOGIES, INC.
WHEREAS on September 12, 2000 the Ontario Securities Commission (the"Commission") made a temporary order pursuant to subsection 127(5) of the Act, that noneof the Respondents shall trade in any securities of IDS Intelligent Detection Systems Inc.("IDS"), subject to the terms set out in the order, for a period of 15 days from the date ofthe order;
AND WHEREAS on September 12, 2000 the Commission issued a Notice ofHearing pursuant to subsection 127(9) of the Act;
AND WHEREAS it appears to the Commission that:
1. IDS is incorporated under the laws of Canada and is a reporting issuer in theProvince of Ontario.
2. Each of Adrian Beale, Dominique Boiter, Michael Busuttil, Peter S. Crombie, PaulCurley, Tom De Faye, Alan Gane, Larry Haley, Phil Hembruff, Raymond V.Hession, Roland Horst, Tony Johnston, Bob Lo, Terence J. McConnell, Gary M.Munsinger, Scott Nelson, Andy A. Rybak, Jay Sarkar, Theodore M. Welp, andResearch Corporation Technologies, Inc. (the "Respondents") is, or was during theinterim financial period of IDS ended June 30, 2000, a director, officer or significantshareholder (beneficial ownership of 10% or more of the voting rights of IDS), or anindividual that has, or may have, access to material undisclosed information of IDS.
3. IDS failed to file interim financial statements for the six-period ended June 30, 2000(the "Interim Statements") on or before August 29, 2000, contrary to subsection78(1) of the Act.
4. As of the date of this order, IDS has not filed its Interim Statements.
AND WHEREAS the Commission is of the opinion that it is in the public interest tomake this Order;
IT IS ORDERED pursuant to paragraph 2 of subsection 127(1) of the Act that alltrading by the Respondents in the securities of IDS shall cease until:
(a) two full business days following the receipt by the Commission of all filings IDS isrequired to make pursuant to Ontario securities law; or
(b) further order of the Commission.
September 25th, 2000.
"J. A. Geller" "Morley P. Carscallen"