China Security & Surveillance Technology Enhances Executive Management Team
17 January 2009 - 6:42AM
PR Newswire (US)
SHENZHEN, China, Jan. 16 /PRNewswire-Asia/ -- China Security &
Surveillance Technology, Inc. ("China Security" or the "Company")
(NYSE: CSR)(DIFX: CSR), a leading provider of digital surveillance
technology in the PRC, today announced two promotions to its
management team to further enhance the Company's position for
continued growth. These new positions are effective as of January
9, 2009. Mr. Daiyou Qian has been promoted to a newly created
position of Chief Strategy Officer (CSO) from his former role as
Chief Operating Officer (COO). In this new role, he will assist Mr.
Guoshen Tu, current Chairman and Chief Executive Officer, with the
overall strategic direction of China Security's diversified
business segments. Previously, in January 2008, Mr. Qian was
promoted to COO of China Security after serving as General Manager
from April 2005 to December 2007 for Hangzhou Tsingvision
Intelligence System Co. Ltd., or Tsingvision, a company he founded
in 2003 which was acquired by China Security in July 2007. From
April 2005 to June 2007, Mr. Qian also was an Associate Professor
of Hangzhou Normal University. From December 1995 to April 2005,
Mr. Qian was Senior Engineer of CETC Institute 52 (China
Electronics Science and Technology Corporation, the Institute). Mr.
Lizhong Wang has been promoted to COO and will assume Mr. Qian's
previous responsibilities. Mr. Wang has served as China Security's
Chief Administrative Office and the President of the Company's
System Integration Division since 2008. From August 2006 to
December 2007, he served as the vice president and the president of
Shenzhen Golden Group Co., Ltd. Prior to joining Golden Group, Mr.
Wang was the vice chairman of CPPCC and People's Congress of
Qingyuan district, Ji'An city. Mr. Wang holds an EMBA from
Centenary College, U.S.A., and a B.A. and M.A. in Economics from
the Party School of the Central Committee of C.P.C., China. Mr.
Guoshen Tu, Chairman and Chief Executive Officer of China Security
commented, "I am very pleased to announce the promotions of Mr.
Qian and Mr. Wang, as well as the creation of the Chief Strategy
Officer position at China Security. Messrs. Qian and Wang have made
significant contributions to our thriving business and thoroughly
understand the needs of our expanding organization, as well as the
needs of our growing customer base. These executive appointments
will further augment China Security's strategic position, while
continuing to streamline our main business segments which include
manufacturing, system integration, operating services, and local
& foreign brand distribution in China. I congratulate each
executive on their well-deserved promotions and anticipate even
greater success in their new key roles in expanding our leadership
position in the security and surveillance market." About China
Security & Surveillance Technology, Inc. Based in Shenzhen,
China, China Security manufactures, distributes, installs and
services security and surveillance products and systems as well as
develops security and surveillance related software in China. Its
customers are mainly comprised of commercial and government
entities and non-profit organizations. China Security has built a
diversified customer base through its extensive sales and service
network that includes over 150 branch offices and distribution
points throughout China. To learn more about the Company visit
http://www.csst.com/ . Safe Harbor Statement This press release
includes certain statements that are not descriptions of historical
facts, but are forward-looking statements. Forward-looking
statements can be identified by the use of forward-looking
terminology such as "will" "believes", "expects" or similar
expressions. Such information is based upon expectations of our
management that were reasonable when made but may prove to be
incorrect. All of such assumptions are inherently subject to
uncertainties and contingencies beyond our control and upon
assumptions with respect to future business decisions, which are
subject to change. We do not undertake to update the
forward-looking statements contained in this press release. For a
description of the risks and uncertainties that may cause actual
results to differ from the forward-looking statements contained in
this press release, see our most recent Annual Report filed with
the Securities and Exchange Commission (SEC) on Form 10-K, and our
subsequent SEC filings. Copies of filings made with the SEC are
available through the SEC's electronic data gathering analysis
retrieval system (EDGAR) at http://www.sec.gov/ . For more
information, please contact: China Security & Surveillance
Terence Yap Tel: +86-755-8351-6102 Email: Kewa Luo Tel:
+1-212-984-0688 Email: Investor Contact ICR, Inc. Bill Zima Tel:
+1-203-682-8200 Media Contact Fleishman-Hillard Hong Kong Patrick
Yu Tel: +852-2540-2577 Email: DATASOURCE: China Security &
Surveillance Technology, Inc. CONTACT: China Security &
Surveillance, Terence Yap, +86-755-8351-6102, and Kewa Luo,
+1-212-984-0688, ; or ICR, Inc., Bill Zima, +1-203-682-8200 for
China Security & Surveillance Technology, Inc. or
Fleishman-Hillard Hong Kong, Patrick Yu, +852-2540-2577, for China
Security & Surveillance Technology, Inc. Web site:
http://www.csst.com/
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