Web Site : http://www.bstar.com.cn/english/



BlueStar focuses on the research and development of high tech video compression and network communication technologies. Blue-Star is a leading manufacturer and producer of professional digital video devices and software designed for the security and safety sectors.

RNS Number : 6237W
BlueStar SecuTech, Inc.
13 June 2008


Date: 13 June 2008

On behalf of: BlueStar SecuTech, Inc.

Embargoed for 0700hrs


BlueStar SecuTech, Inc.

('BlueStar' or 'the Company')

Contract win with Bank of Communications

BlueStar SecuTech Inc. (AIM: BSST), a leading provider of digital video surveillance solutions in China, is pleased to announce that it has been awarded a new contract by the Bank of Communications (BOCOM) for a value of approximately RMB3m (￡225,000).

The contract is to provide a network solution and an equipment update for Digital Video Recorder systems (DVRs) in more than 50 locations of BOCOM branches in Daqing city of Heilongjiang Province. BlueStar's network solutions will enable all the ATMs and branch outlets in Daqing City to be linked, monitored and centrally controlled by the head office within the city.

This is the Company's first contract with BOCOM to provide network solutions for the Heilongjiang Province. It marks a strategic step for the Company to expand its network solution business into the branch network of BOCOM in the northeast area of China (consisting of Liaoning Province, Jilin Province and Heilongjiang Province). This contract further demonstrates the Company's ambition to expand into tier two and three cities. The contract is expected to be completed by the end of June 2008.

Commenting on the contract win, Xiao Gang, Chief Executive of BlueStar, said:

'This is a significant success for our business development in the northeast provinces, where the Bank of Communications has over 330 branch outlets. It underpins our position as a leading provider of video surveillance solutions for the banking industry in China. We are confident about a strong order book from that region in the future.'