China Security & Surveillance Approved for Listing on Dubai’s DIFX

SHENZHEN, China, Sept. 22 /Xinhua-PRNewswire/ -- China Security & Surveillance Technology, Inc. (NYSE: CSR) (‘CSST’ or ‘Company’) today announced that it has received approval to list its shares on the Dubai International Financial Exchange (DIFX).

CSST is the first China-based company to be approved for listing on the DIFX and is also the first NYSE-listed company to have its shares traded in the United Arab Emirates (UAE). The Company expects to list on or about October 13, 2008. The ordinary shares will trade in U.S. dollars under the ticker symbol, ‘CSR’.

CSST’s Chairman and Chief Executive Officer, Mr. Guoshen Tu, said, “We are extremely proud to be the first Chinese company to list on the DIFX. This listing will provide our group with wider market access and a significantly higher profile in the Middle East. While we remain focused on our strategy of domestic expansion within China, we believe a listing in Dubai will provide our Company with a foothold into the rapidly expanding Middle East markets and surrounding regions, including Africa, India and Pakistan. Demand for security related products and services within these regions continue to grow at a healthy pace. We believe a listing on the DIFX can enhance our liquidity and introduce us to new pools of capital in this region of the world.

Dubai serves as a base in which we can expand our products and services. We see the potential for strong opportunities from retail security services to our ‘one stop shop’ design platform, supply installation and even operation of security monitoring and control services. As cities continue to expand in this region, the demand for personal and physical security is increasing. Our offering as a total solutions provider positions us well in this market.”

Jeff Singer, Chief Executive Officer of the DIFX, said, “We are delighted that China Security & Surveillance Technology is the first company based in China to be approved for listing on the DIFX. With an established reputation in China in security and surveillance systems, the company’s plans to soon expand its business across our own region will be well supported by a DIFX listing. The DIFX will provide the company with high visibility and an excellent regulatory and trading platform."

The DIFX is an international stock exchange serving the region between Western Europe and East Asia. The DIFX opened in 2005 to provide international issuers with access to investors in its rapidly expanding region, as well as regional issuers with access to international investment. The exchange has 15 listed companies from countries including Australia, Bahrain, Canada, India, South Africa, Switzerland, the UK and the US as well as the UAE. Listed companies include DP World, Gold Fields and Kingdom Hotel Investments. NASDAQ OMX acquired a one-third stake in the DIFX in February 2008. The other two thirds is owned by Borse Dubai.

Dubai-based Investment Bank, MAC Capital Limited, was appointed to advise the Company on its listing.

About China Security & Surveillance Technology, Inc.

Based in Shenzhen, China, CSR manufactures, distributes, installs and maintains security and surveillance systems throughout the PRC. CSR has a significant number of manufacturing facilities located in China and has its R&D facility under an exclusive collaboration agreement with Beijing University and Wuhan University. It 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 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.