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 opened a new sales and service centre in Tianjin.
The Tianjin centre is of considerable strategic importance as it has an urban area which is the third largest in China after Beijing and Shanghai. Tianjin has a population of roughly 10 million. Its nominal GDP for 2006 was estimated to be US$54 million. It is considered to be the shipping and industrial centre of northern China.
BlueStar is now established in three of the four major Tier 1 municipalities in China: comprising Beijing, Shanghai and Tianjin. BlueStar believes that the Tianjin Sales and Service Centre will become another core part of the Group complementing its Beijing centre.
The centre will form a key component of BlueStar's expansion strategy and provide them with direct access to one of China's fastest growing areas. The intention is to enlarge the current workforce from 7 to 30 in the coming months in order to attract new clients as well as providing the requisite technical support following DVR and associated product sales.
Within the new target areas, BlueStar will be looking at amongst others: petrol stations and telecommunication customer service centers.
Commenting on the agreement, Xiao Gang, Chief Executive Officer of BlueStar said:
"Following the recent opening and subsequent success of our Chengdu sales and service centre, the Board is keen to replicate the model in order to obtain the maximum possible market share in the PRC.
"In addition to enabling expansion into tier two and three cities, the new Tianjin centre will provide access into the industrial heart of northern China. Current levels of expansion mean there will be a sharp increase in demand for the sort of market leading surveillance solutions provided by BlueStar."