SHENZHEN, China , Dec. 29 /PRNewswire-Asia/ -- China Security & Surveillance Technology, Inc. ('China Security', 'CSST' or the 'Company') (NYSE: CSR) (DIFX: CSR), a leading provider of digital surveillance technology in China , today announced that the Company has signed a marketing alliance agreement with Alvarion Ltd., a leading provider of WiMAX(TM) and wireless broadband solutions to strengthen CSST's capability of offering more sophisticated security solutions for its Safe City projects.
Under the terms of this agreement, both parties will acknowledge one another as an alliance partner and create joint marketing materials that highlight relevant products and services. CSST may be invited by Alvarion to certain marketing events such as road shows relating to the Alvarion products. Alvarion's expertise in broadband wireless access and wireless IP market, as well as a complete range of solutions, products and services for WiMAX network delivery is expected to further advance CSST's existing security technology and provide the Company with broader resources to expand its Safe City project work in China .
"We are excited to work with a high profile company such as Alvarion," commented Mr. Guoshen Tu, Chief Executive Officer of China Security. "Alvarion's worldwide leading technology in wireless broadband access will be a great addition to our bundled portfolio of total security products and solutions offered through our Safe City projects. Through this alliance, we will be able to present our growing base of local government customers an advanced total solution of sophisticated broadband wireless products and reduce our need to subcontract with local wireless providers. We believe that this new alliance provides us with an opportunity to improve our profitability for certain projects and lead to additional Safe City contracts in China ."
Avinoam Barak , President of Broadband Wireless Access division of Alvarion said, "We are pleased to partner in China with such an established player such as CSST. We view this alliance as an opportunity to strengthen our brand and technological presence in China as well as lead to enhanced sales opportunities. We look forward to a prosperous relationship with CSST."
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 .
Alvarion is the largest WiMAX pure player ensuring customer long-term success with fixed and mobile solutions for the full range of frequency bands. Based on its OPEN(TM) WiMAX strategy, the company offers superior wireless broadband infrastructure and an all-IP best-of-breed ecosystem in cooperation with its strategic partners. Alvarion has delivered over 200 commercial WiMAX deployments worldwide ( http://www.alvarion.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.