China Security & Surveillance Technology Amends First Quarter and Second Quarter 2007 10-Q Filings

SHENZHEN, China , Nov. 1 /PRNewswire-FirstCall/ -- China Security & Surveillance Technology, Inc. (" China Security" or the "Company") (NYSE: CSR), a leading provider of digital surveillance technology in China , today announced that the Company...


SHENZHEN, China , Nov. 1 /PRNewswire-FirstCall/ -- China Security & Surveillance Technology, Inc. (" China Security" or the "Company") (NYSE: CSR), a leading provider of digital surveillance technology in China , today announced that the Company has filed an amended 10-Q for its first and second quarter 2007 to correct for a certain typographical error. The language in the filing is being updated to more accurately reflect the relationship between the "installation in process" balance included in inventory on the balance sheet and the value of the signed contracts in the backlog as of June 30, 2007 and March 31, 2007 .

The Company stated that, due to a typographical error, its previous two 10-Q filings inaccurately reflected installations in process and the value of signed contracts in the Company's customer backlog. The Company has filed an amendment to form 10-Q today for the periods ending June 30, 2007 and March 31, 2007 to reflect this change and that no other information in the original 10-Q filings for the periods ending June 30, 2007 and March 31, 2007 are amended.

The Company will conduct a conference call this morning at 9:00 a.m. ET . Listeners may access the call by dialing # 973-935-2048. A webcast will also be available at www.viavid.net. A replay of the call will be available through November 8, 2007 . Listeners may access the replay by dialing # 973-341-3080, access code: 9421068.

About China Security & Surveillance Technology, Inc.

Based in Shenzhen, China , China Security manufactures, distributes, installs and maintains security and surveillance systems throughout the PRC. China Security has manufacturing facilities located in China and a R&D facility which maintains an exclusive collaboration agreement with Beijing University. China Security has built a diversified customer base through its extensive sales and service network that includes numerous points of presence throughout the PRC. 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.

SOURCE China Security & Surveillance Technology, Inc.