BlueStar SecuTech, Inc. Trading Update (2263X)

TIDMBSST

RNS Number : 2263X

BlueStar SecuTech, Inc.

06 February 2013

BlueStar SecuTech Inc.

('BlueStar' or the 'Company')

Trading Update - RMB 18.14 Million Order

BlueStar SecuTech Inc. (AIM: BSST), a leading provider of digital video surveillance solutions in China, is pleased to announce that it has received a further order from the Bank of China ("BOC). The order, worth approximately RMB 18.14 million (approximately GBP1.81 million), will see BlueStar supply and install its leading edge surveillance equipment for BOC ATM machines in twelve provinces in China. Installation of this equipment is expected to be completed by the end of March 2013.

The Bank of China is one of China's four state-owned commercial banks and one of the world's largest. It provides a comprehensive range of high quality financial services to individual and corporate customers along with financial institutions worldwide.

Commenting on the contract win, Xiao Gang, Chief Executive of BlueStar said: "We have been providing surveillance equipment for BOC's entire ATM network within China since 2007. This is the second batch of orders from BOC in 2012 and demonstrates both the high quality of our products and the continued confidence that customers like BOC have in BlueStar. Whilst trading conditions continue to be a challenge the Company's leading products and service levels mean that it is well placed to capture new opportunities."

-Ends-

Enquiries:-

 
BlueStar SecuTech, Inc.                                         www.bstar.com.cn 
Antonia Ping, Company Secretary & CFO                           + 86 10 8225 5855 
Westhouse Securities                                            www.westhousesecurities.com 
Richard Baty/ Petre Norton                                      [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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