China Security & Surveillance Announces Additional Safe City Project Win in Yinchuan...

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Mon Jun 30, 2008 9:00am EDT

China Security & Surveillance Announces Additional Safe City Project Win in
Yinchuan City

SHENZHEN, China, June 30 /Xinhua-PRNewswire/ -- China Security &
Surveillance Technology, Inc. (NYSE: CSR)('The Company' or 'CSST'), a leading
provider of security solutions in China, today announced that it has won a bid
for a Safe City project in Yinchuan City, the capital of Ningxia Province
located in the northwest of China.
    The scope of this project entails connecting the monitoring and
communications network among 69 local police stations within Yinchuan City
with the police bureau at the city and provincial levels.  CSST is the lead
contractor for this particular Safe City project.  The total value of this
Safe City project is approximately RMB 64.0 million (approximately USD$9.3
million, based on a conversion price of USD: RMB 1.00: 6.86).  The company
expects to complete the project in roughly two months and begin realizing
revenues from this project toward the end of third quarter of 2008.
    This project in Yinchuan City is the Company's second project in this
city.
In early May 2008, CSST signed a Safe City project framework agreement valued
at approximately RMB 260 million (approximately USD$37.9 million based on a
conversion price of USD:RMB 1.00:6.86) with a local project contractor to
develop a monitoring and communications network that will connect all local
police stations within Yinchuan City.  It is expected to cover 69 local police
stations.  Each police station will be connected to approximately 135 specific
locations.  These specific locations include financial centers, entertainment
areas, Internet cafe bars, and other industry-specific units.  The build out
of this network includes the installation of security cameras and back-end
data management facilities.  CSST has since started work on this first phase
of the Yinchuan City project.
    Mr. Guoshen Tu, Chief Executive Officer of CSST commented, ''We are
delighted to win additional project work in Yinchuan City.  This second phase
of project work is indicative of the depth of our product offering, the
quality of our service as well as our ability to build strong and lasting
relationships with local city governments in China.  Our one-stop-shop
solution for security and surveillance needs continues to provide us with a
solid pipeline of new business opportunities."
    About China Security & Surveillance Technology, Inc.
    Based in Shenzhen, China, China Security manufactures, distributes,
installs and maintains security and surveillance systems throughout the PRC.
China Security has manufacturing facilities located in China and an R&D
facility which maintains an exclusive collaboration agreement with Beijing
University.  China Security has built a diversified customer base through its
extensive sales and service network that includes numerous points of presence
throughout the PRC. To learn more about the Company visit http://www.csst.com
.
    Safe Harbor Statement
    This press release includes certain statements that are not descriptions
of historical facts, but are forward-looking statements.  Such statements
include, among others, those concerning our expected financial performance and
strategic and operational plans, our future operating results, our
expectations regarding the market for security and surveillance products, our
expectations regarding the continued growth of the security and surveillance
market, as well as all assumptions, expectations, predictions, intentions or
beliefs about future events.  You are cautioned that any such forward-looking
statements are not guarantees of future performance and that a number of risks
and uncertainties could cause our actual results to differ materially from
those anticipated, expressed or implied in the forward-looking statements.
These risks and uncertainties include, but not limited to, the factors
mentioned in the ''Risk Factors'' section of our Annual Report on Form 10-K
for the year ended December 31, 2007, and other risks mentioned in our other
reports filed with the Securities Exchange Commission, or SEC.  Copies of
filings made with the SEC are available through the SEC's electronic data
gathering analysis retrieval system (EDGAR) at http://www.sec.gov .  The words
''believe,'' ''expect,'' ''anticipate,'' ''project,'' ''targets,''
''optimistic,'' ''intend,'' ''aim,'' ''will'' or similar expressions are
intended to identify forward-looking statements.  All statements other than
statements of historical fact are statements that could be deemed forward-
looking statements.  The Company assumes no obligation and does not intend to
update any forward-looking statements, except as required by law.
SOURCE  China Security & Surveillance Technology, Inc.

Kewa Luo of China Security & Surveillance, +1-212-984-0688, or ir@csst.com; ir
Investor Contact at ICR, Bill Zima & Ashley Ammon MacFarlane, +1-203-682-8200;
or Media Contact at Fleishman-Hillard Hong Kong, Patrick Yu, +852-2530-2577,
or Patrick.yu@fleishman.com, both for CSR
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