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Roth China Financing Innovation Discovery Tour Visits China

编辑:AG88 日期:2018-10-06

SHENZHEN, China, May 24 /Xinhua-PRNewswire-FirstCall/ -- 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 Roth China

Innovation Discovery Tour's visit to China Public Security's headquarters in

Shenzhen, China ("PRC"), held on May 17, 2007, was very successful.

On May 17, 2007, the Company welcomed about 40 investors who joined the

Roth China Financing Innovation Discovery Tour. In order to provide a deeper

understanding of China Public Security's public security information

technology solutions, the Company arranged site visits for its PGIS and First

Responder Coordination Platform implemented for the Shenzhen Police Bureau.

Through this visit, investors were able to get more familiar with the

Company's technology, and how it helps police to effectively manage anAAAAAAA>control cameras and hardware installed on roads and highways. In addition,

investors were also able to visit and evaluate the Automated Check System anAAAAAAA>Automated Vehicle Check System built in the Shenzhen Bay Port. 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 anAAAAAAA>effectiveness of border control management.

Shenzhen Bay 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 the 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 a successful tour where investors had an opportunity to

evaluate and become more familiar with our products and solutions," said Mr.

Jiang Huai Lin, the Company's CEO. "As investors become more familiar with our

products and our business strategy we expect them to build up their confidence

in our Company. We will continue our efforts to research and develop more

sophisticated products and expand our market to other major cities anAAAAAAA>provAAAAAAAhroughout China. And we warmly welcome investors to visit us to

better understand our competitive position in public security technology

space."

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 anAAAAAAA>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 itAAAAclusive business turnkey agreement with Shenzhen iASPEC Software

Engineering Company Limited (iASPEC). Under this agreement the Company acts as

iASPEC'AAAAclusive 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 "forwarAAAAAAAA>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 "believeAAAAAAApects" 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 fileAAAAAAA>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