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 two contracts worth a total of RMB28m to provide its DVRs and networking solutions to the China Construction Bank ("CCB"), in the Provinces of Liaoning and Inner-Mongolia. It is anticipated that the contracts will be completed by June 2008.
CCB has 14 branches in Inner-Mongolia and 12 branches in Liaoning, all of which will be supplied by BlueStar. The Company's products will help to further increase the networking capability of CCB throughout China.
Commenting on the agreement, Xiao Gang, Chief Executive Officer of BlueStar said:
"These new contracts mark another important step for BlueStar as we move into two new and strategically important provinces in North China. This is the first contract we have signed with China Construction Bank in these provinces and further increases the chance of our companies working together in the future. I would like to thank all staff for their hard work in securing these contracts and look forward to building on this during 2008."
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