BlueStar SecuTech - New Sales & Service Centre : NON-REG
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RNS Number:1453R
BlueStar SecuTech, Inc.
31 March 2008
FOR IMMEDIATE RELEASE ON RNS REACH
31 March 2008
BlueStar SecuTech, Inc.
("BlueStar" or "the Company")
New Sales & Service Centre
BlueStar SecuTech plc (AIM:BSST.L), a leading provider of digital video
surveillance solutions ("DVR's") to corporate clients in the PRC, is pleased to
announce that, it has opened a new sales and service centre in Tianjin.
The Tianjin centre is of considerable strategic importance as it has an urban
area which is the third largest in China after Beijing and Shanghai. Tianjin has
a population of roughly 10 million. Its nominal GDP for 2006 was estimated to be
US$54 million. It is considered to be the shipping and industrial centre of
northern China.
BlueStar is now established in three of the four major Tier 1 municipalities in
China: comprising Beijing, Shanghai and Tianjin. BlueStar believes that the
Tianjin Sales and Service Centre will become another core part of the Group
complementing its Beijing centre.
The centre will form a key component of BlueStar's expansion strategy and
provide them with direct access to one of China's fastest growing areas. The
intention is to enlarge the current workforce from 7 to 30 in the coming months
in order to attract new clients as well as providing the requisite technical
support following DVR and associated product sales.
Within the new target areas, BlueStar will be looking at amongst others: petrol
stations and telecommunication customer service centers.
Commenting on the agreement, Xiao Gang, Chief Executive Officer of BlueStar
said:
"Following the recent opening and subsequent success of our Chengdu sales and
service centre, the Board is keen to replicate the model in order to obtain the
maximum possible market share in the PRC.
"In addition to enabling expansion into tier two and three cities, the new
Tianjin centre will provide access into the industrial heart of northern China.
Current levels of expansion mean there will be a sharp increase in demand for
the sort of market leading surveillance solutions provided by BlueStar."
- ends -
For further information, please contact:
BlueStar SecuTech, Inc. + 86 10 8225 5899
Wang Chong, COO
Marine Zheng, CFO
Evolution Securities Limited 020 7071 4300
Stuart Andrews
Evolution Securities China Limited 020 7220 4850
Barry Saint /Jerry Zheng
This information is provided by RNS
The company news service from the London Stock Exchange
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