SHENZHEN, China, May 31 /Xinhua-PRNewswire/ -- China Public Security
Technology, Inc. (OTC Bulletin Board: CPBY.OB), a leading provider of public
security information technology and Geographic Information Systems ("GIS")
software services and the first Chinese public security information technology
company to be listed in the U.S. market, today announced important government
officials visited Shenzhen Bay Port to evaluate the Company's Intelligent
Border Control solutions on May 28, 2007.
Mr. Zong Heng Xu, the Mayor of Shenzhen Municipality and Mr. Hong Zhong
Li, the Secretary of Shenzhen Municipal Committee of CPC visited and evaluated
the Automated Check System and Automated Vehicle Check System built in the
Shenzhen Bay Port. The event received wide news and media coverage in China
stating that the Government officials commented these projects to be important
to promote border safety and to increase the economic interaction between Hong
Kong and China. In addition, they highly recognized China Public Security's
efforts for high efficiency, high effectiveness and high stability. They were
also pleased by the China Public Security's ability to overcome every single
pressure and tight time constraints during the course of the whole
development.
The Company's Intelligent Border Control System stores biometric
information such as fingerprints and facial features from passengers in a
database, and integrates it with infrared and license plate recognition
technologies to enable the automation of border control checkpoints for faster
and more accurate processing of passengers, while at the same time helping to
safeguard borders from stowaway activities, and greatly improving overall
efficiency and effectiveness of border control management
Shenzhen Bay Port and Futian Port will open on July 1, 2007 and will become
the largest port in China. This focused project is for the celebration of the
10th Anniversary of Hong Kong Handover to China. The capacity of the port is
expected to allow a total of 120 thousands vehicles and passengers to pass
through. Currently, in China, there are still 200 borders that could benefit
from intelligent border control system technology. The successful
implementation of the Company's technology in Shenzhen Bay Port has already
given China Public Security an extremely solid base for the future development
in this business line.
"It has been an honor for us to have major Government officials come to
evaluate and recognize our efforts, as well as the efficiency and quality of
our products installed at the Shenzhen Bay Port and Futian Port," said Mr.
Jiang Huai Lin, the Company's CEO. "These projects are important at the
National-level in China and their successful implementation as well as
recognition by important Government officials for our Intelligent Border
Control products is a testament to the quality of our advanced technology as
well as our ability to expand our market in the future. These projects have
reached the final stage and we will remain focused and continue to work
closely with Government departments to ensure we can deliver the systems on
time and with high quality."
About China Public Security Technology, Inc.
Through its wholly-owned Chinese subsidiary, CPST is focused on the
development and implementation of large scale high-tech public security and
Geographic Information System (GIS) related projects. The Company provides a
broad portfolio of fully integrated solutions and services, including public
security information technology (First Responder Coordination Platform,
Intelligent Border Control and Intelligent Security Surveillance), Geographic
Information System (Police-use GIS and Civil-use GIS), and e-Government
Platform, software sales and maintenance as well. CPST currently has the
licenses to 16 registered and copyrighted software applications in China,
through its exclusive business turnkey agreement with Shenzhen iASPEC Software
Engineering Company Limited (iASPEC). Under this agreement the Company acts as
iASPEC's exclusive subcontractor to all its customers. To learn more about
the Company, please visit the corporate website at http://www.chinapsh.com .
Safe Harbor Statement
This press release contains certain statements that may include "forward-
looking statements". All statements other than statements of historical fact
included herein are "forward-looking statements". These forward-looking
statements are often identified by the use of forward-looking terminology such
as "believes," "expects" or similar expressions, involve known and unknown
risks and uncertainties. Although the Company believes that the expectations
reflected in these forward-looking statements are reasonable, they do involve
assumptions, risks and uncertainties, and these expectations may prove to be
incorrect. You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. The
Company's actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of factors,
including those discussed in the Company's periodic reports that are filed
with the Securities and Exchange Commission and available on its website
(http://www.sec.gov). All forward-looking statements attributable to the
Company or persons acting on its behalf are expressly qualified in their
entirety by these factors. Other than as required under the securities laws,
the Company does not assume a duty to update these forward-looking statements.
For more information, please contact:
Company Contact:
Mr. Michael Lin
Vice President, Investor Relations
China Public Security Technology, Inc.
Tel: +1-949-743-0868
Email: mlin@chinapsh.com
Investor Relations Contact:
Mr. Crocker Coulson
President
CCG Elite Investor Relations
Tel: +1-646-213-1915 (NY office)
Email: crocker.coulson@ccgir.com
