Smart-tek Communications Completes Parkwest I and Two Parkwest Building Contracts

CORTE MADERA, Calif. -- Royce Biomedical, Inc. announced that its operating subsidiary Smart-tek Communications Inc. (SCI), has successfully completed the construction work under a security/surveillance contract for the Parkwest I and Two Parkwest Buildings. The value of the contract was in excess of CDN$280,000.00.

Both Parkwest I and Two Parkwest projects are owned and developed by Concord Pacific Group Inc., a major International Developer with a significant presence in North America. Parkwest I and Two Parkwest are part of North America's largest master-planned community, Concord Pacific Place, sited along the waterfront shores of False Creek in downtown Vancouver, British Columbia.

Parkwest I consists of a total of 173 condos; Two Parkwest consists of 175 condos. SCI provided proximity access controls, suite security systems, digital close circuit video and elevator controls for both projects.

SCI, in business since 1997, is a market leader in integrated security, voice and data communication systems and specializing in the design, sale, installation and service of CCTV, access control, intercom and communication systems. SCI provides seamless integration of the latest in security technology with proven electronic hardware and software products. SCI has positioned itself as a leading security and low voltage systems provider in the Greater Vancouver area, currently supplying over 45% of new construction projects in the downtown core alone.

Perry Law, President of SCI commented, "We are very pleased to have completed these projects on time and on budget."

SCI's current projects include over 20 hi-rise projects comprising approximately 2,500 units, and an additional 6 commercial and government projects. SCI clients include 911 emergency call centers, municipal and federal law enforcement agencies, municipalities, utilities, airports, property developers and general contractors both national and international.