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Expansion outside the banking
BlueStar SecuTech plc (AIM:BSST.L), a leading provider of digital video surveillance solutions ("DVR's") to corporate clients in the PRC, is pleased to announce that, it has signed a contract to provide its DVRs to Beijing Chuanye Shixing Technologies, Ltd as part of a project to monitor areas of forest throughout China. This contract is anticipated to be completed by May 2008 and will be the first of many to provide further DVR and networking solutions.
Beijing Chuanye Shixing Technologies, Ltd is a systems integrator in the area of forestry protection. This agreement will involve BlueStar providing 366 DVRs to monitor the entrances of parks and other protected areas of forest across China.
Commenting on the agreement, Xiao Gang, Chief Executive Officer of BlueStar said: "This contract marks another important step in the development of BlueStar as we add to our existing revenue streams in order to offer an even more compelling investment opportunity."
By starting with the banking sector which has extremely strict rules and regulations for DVR production, BlueStar is now becoming recognised as the obvious choice for companies in other sectors who are looking to improve their surveillance solutions. The Board looks forward to building on this platform and is currently investigating a number of opportunities to provide BlueStar's DVRs to other businesses outside the banking sector."
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BlueStar SecuTech plc (AIM:BSST.L), a leading provider of digital video surveillance solutions ("DVR's") to corporate clients in the PRC, is pleased to announce that, it has signed a contract to provide its DVRs to Beijing Chuanye Shixing Technologies, Ltd as part of a project to monitor areas of forest throughout China. This contract is anticipated to be completed by May 2008 and will be the first of many to provide further DVR and networking solutions.
Beijing Chuanye Shixing Technologies, Ltd is a systems integrator in the area of forestry protection. This agreement will involve BlueStar providing 366 DVRs to monitor the entrances of parks and other protected areas of forest across China.
Commenting on the agreement, Xiao Gang, Chief Executive Officer of BlueStar said: "This contract marks another important step in the development of BlueStar as we add to our existing revenue streams in order to offer an even more compelling investment opportunity."
By starting with the banking sector which has extremely strict rules and regulations for DVR production, BlueStar is now becoming recognised as the obvious choice for companies in other sectors who are looking to improve their surveillance solutions. The Board looks forward to building on this platform and is currently investigating a number of opportunities to provide BlueStar's DVRs to other businesses outside the banking sector."
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