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ODM Young-Davidson Mines Ltd

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Young-Davidson Mines Ltd TSXV:ODM TSX Venture Common Stock
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Cantronic Announces ODM Agreement With Digital China

14/06/2011 12:30pm

Marketwired Canada


Cantronic Systems Inc., ("Cantronic" or the "Company") (TSX VENTURE:CTS)(PINK
SHEETS:CRIXF) announced today that it has entered into an arrangement as an
Original Design Manufacturer ("ODM") with Digital China Holdings Limited of
Beijing ("Digital China") to design and manufacture a customized version of
Cantronic's most popular digital IP (Internet Protocol) video camera under
Digital China's AMPON brand of security products. The product has already been
successfully introduced to market, with sales volume expected to reach RMB 12
million (about Canadian $1.8 million) by the end of calendar 2011.


Digital China is a leading IT integrator and distributor with regional centres
in 19 major cities in China, a network of over 10,000 re-sellers and agents
across the country and revenue of approximately Canadian $3.5 billion in its
most recent fiscal year (Hong Kong $27,560 million). "We look forward to growing
our IP video camera business with Digital China, as IP cameras are replacing
analog video cameras in the multi-billion dollar China video security and
surveillance market," commented James Zahn, President and CEO of Cantronic
Systems Inc.


About Cantronic Systems Inc.

Cantronic Systems Inc. manufactures, distributes, and provides training and
services in the fields of IP-based networked video security surveillance
technologies, specializing in networked video management software and video
analytics, IP cameras, speed dome cameras, high definition video surveillance
cameras and night vision surveillance systems for demanding security and
surveillance applications.


Cantronic, through its China subsidiaries Cantronic Security Systems (China) Co.
Ltd., Beijing Advanced Videoinfo Technology Co. Ltd. ("AVINFO"), Shenzhen
Huanghe Digital Technology Co. Ltd. ("Yellow River") and Actiontop Electronics
(Shenzhen) Co. Ltd. ("Actiontop") provides high-speed and digital networked
video surveillance solutions to government and corporate customers in China.


Cantronic is a Tier 1 issuer on the TSX-V Exchange, trading under the symbol
CTS. For further information about Cantronic and Cantronic China, please visit
our websites at www.cantronicsecurity.com and www.cantronics.com.cn.


Forward-looking statements

This news release contains forward-looking statements, within the meaning of
applicable securities legislation, concerning Cantronic Systems Inc. and the
markets in which it operates. Forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause actual results,
performance and achievements of Cantronic to be materially different from any
future results, performance or achievements expressed or implied by said
forward-looking statements.


Forward-looking statements include, but are not limited to: the completion of
the Proposed Transaction, anticipated share capital following completion of the
Proposed Transaction, expectations, opinions, forecasts, projections and other
similar statements concerning anticipated future events, conditions or results
that are not historical facts. In certain cases, forward-looking statements can
be identified by the use of words such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases or statements that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur" or "be achieved".


Readers are cautioned not to place undue reliance on such forward-looking
statements. Forward-looking information is provided as of the date of this news
release, and Cantronic Systems Inc. assumes no obligation to update or revise
them to reflect new events or circumstances, except as may be required under
applicable securities laws.


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