China Public Security's Exclusive Strategic Partner, iASPEC Granted Level-1 Certification for Computer Information System Integration from China's Ministry of Information Industry |
Also Honored as a "2007 China Software Independent-Innovation Top 100 Model
Enterprise"
SHENZHEN, China, July 30 /Xinhua-PRNewswire-FirstCall/ -- China Public
Security Technology, Inc., (OTC Bulletin Board: CPBY) ("China Public
Security" or "the Company"), a leading provider of public security
information technology and Geographic Information Systems ("GIS") software
services, today announced that Shenzhen (iASPEC) Software Engineering
Company Limited ("iASPEC"), its exclusive contracting partner, has been
awarded Level-1 Certification for Computer Information System Integration
from China's Ministry of Information Industry and has been honored at the
China International Software & Information Service Fair 2007 as one of the
2007 Top 100 Model Enterprises.
In order to undertake public security related projects in China,
companies must possess certain qualifications and certifications, and have
successful project execution experience as well as a strong financial
position. The Level-1 Certification for Computer Information System
Integration is the highest level of certification granted by the Ministry
of Information Industry and only a limited number of companies have been
granted this certification. Level-1 Certification is an entry pass to
bidding on large-scale, public security, computer system integration
projects in China, and is based on, among other things, historical
performance in connection with large-scale implementation, a company's
number of domestic employees and a company's amount of registered capital.
Only companies with Level-1 Certification are qualified to bid and execute
state-level, province/ministry-level or industry- level computer
information system construction projects in China. iASPEC's certification
number is Z1440320070251.
iASPEC was also honored at the China International Software &
Information Service ("CISIS") Fair 2007 as one of the "2007 China Software
Independent- Innovation Top 100 Model Enterprises." The sequencing of "Top
100" China software companies is an important measure promoted since 2006
by CISIS and 21st Century Economic Report, the leading commercial newspaper
media in China, to publicize the development achievement of the software
industry in China and to lead such enterprises to grow in size and
strength. iASPEC's honor is based on a strict appraisal index system that
assesses human and financial capital, technology and execution capabilities
and the benefits of scientific achievements.
"We are very pleased with the grant of Level-1 Certification and the
honored title to our exclusive strategic partner, iASPEC," said Mr. Jiang
Huai Lin, the Company's CEO. These honors are an indication of our advanced
technology development capabilities and further strengthen our ability to
win new contracts and expand our market to other regions in China."
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 services, 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.chinacpby.com .
Safe Harbor Statement
This press release may contain certain "forward-looking statements"
relating to the business of China Public Security Technology, Inc., and its
subsidiary companies. All statements, other than statements of historical
fact included herein are "forward-looking statements" including statements
regarding the ability of the Company to win new contracts and expand its
market to other regions in China or otherwise achieve its commercial
objectives, the business strategy, plans and objectives of the Company and
its subsidiaries and any other statements of non-historical information.
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@chinacpby.com
Investor Relations Contact:
Mr. Crocker Coulson
President
CCG Elite Investor Relations
Tel: +1-646-213-1915 (NY office)
Email: crocker.coulson@ccgir.com
SOURCE China Public Security Technology, Inc.
back to topRelated links:
CONTACT:
Mr. Michael Lin of China Public Security
Technology, Inc., +1-949-743-0868, or mlin@chinacpby.com; or Mr.
Crocker Coulson of CCG Elite Investor Relations for China Public
Security Technology, Inc., +1-646-213-1915, or
crocker.coulson@ccgir.com, for CPBY
