London & Boston in China deal
AFX
Exclusive dealership signed with Chinese government-backed organisation

London & Boston Investments plc said unit Audiotel International has signed an exclusive dealership with the leading national Chinese Government backed organisation, The Great Wall Yong Ji Security Technology Corp Ltd, for the promotion and marketing of its products.

The corporation has close contacts with Chinese Government and National security and provides products and services for security and crime prevention.

Ian Roberts, managing director for Audiotel said: 'This is a first major contract in China for our Company and for the high-tech security industry as a whole, it is estimated that the market is worth 1.5 bln stg by 2006.'

Is this a safe bet? Can anyone comment on this as it has a foothold in China?