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Blue Star 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 significant contract to provide its DVR’s to the Bank of China, one of the leading banks in the PRC and a constituent of the Fortune Global 500. A small proportion of these revenues are expected to arise in 2007 and the contract is scheduled to be completed by October 2010. The Bank of China is the main bank sponsoring the Beijing 2008 Olympic Games.
BlueStar will provide the Bank of China with DVR’s for inclusion in the construction of ATM machines that are being installed across China. In addition to providing the DVRs, BlueStar will supply the cameras and work on the installation of each project.
Commenting on the agreement, Xiao Gang, Chief Executive Officer of BlueStar said: “We are delighted to have won a further contract in this key sector for our products and very pleased to be providing our DVR’s to a member of the Fortune Global 500. Contracts such as these continue to establish BlueStar as one of the leading providers of digital video surveillance solutions in China.”
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