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Tuesday, 08/12/2008 5:31:16 PM

Tuesday, August 12, 2008 5:31:16 PM

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BEIJING, Aug. 12 CFSG-Signs-Contract

BEIJING, Aug. 12 /Xinhua-PRNewswire-FirstCall/ -- China Fire & Security
Group, Inc. (Nasdaq: CFSG) ("China Fire" or "the Company"), a leading
industrial fire protection product and solution provider in China, announced
today that the Company has signed a new total solution contract with Xinyu
Iron and Steel Co., Ltd. ("Xinyu Iron and Steel"), valued at approximately
$4.7 million.

Xinyu Iron and Steel, headquartered in Xinyu City, Jiangxi Province, is
the 23rd largest iron and steel company in China with annual capacity of 15
million tons of iron and steel products in 2007, one of the largest
state-owned companies in China.

China Fire will serve as a total fire protection solution provider in the
Phase III expansion project of Xinyu Iron and Steel with total contract value
at approximately $4.7 million. China Fire will be responsible for implementing
the entire fire protection project including engineering, procurement,
construction, monitoring, technical guidance and maintenance. China Fire will
provide a turnkey fire protection system that mainly includes the Company's
analog linear fire detectors, multi-frequency infrared flame detectors,
fire-alarm monitoring and control system, and water mist fire-extinguishing
system. These systems will ensure that the entire production facility is safe
from fire hazards and fully compliant to the new fire codes for the iron and
steel industry. The project is expected to be completed within the next nine
months.

"We are very excited about the opportunity to provide our turnkey fire
protection system to Xinyu Iron and Steel, a new customer of China Fire. China
Fire has been focusing on top tier iron and steel companies in China and has
been receiving repeat business from them. We are committed to deliver our best
services to Xinyu Iron and Steel and hope to be a long term partner down the
road," commented Mr. Brian Lin, CEO of China Fire.


About China Fire & Security Group, Inc.

China Fire & Security Group, Inc. (Nasdaq: CFSG), through its wholly owned
subsidiaries, Sureland Industrial Fire Safety Limited ("Sureland") and Tianjin
Tianxiao Fire Safety Equipment ("Tianxiao"), is a leading total solution
provider of industrial fire protection systems in China. Leveraging on its
proprietary technologies, China Fire is engaged primarily in the design,
manufacture, sales and maintenance services of a broad product portfolio
including the detectors, controllers, and fire extinguishers. Via its
nationwide direct sales force, China Fire has built a solid client base
including major companies in the iron and steel, power and petrochemical
industries throughout China. China Fire has a seasoned management team with
strong focus on standards and technologies. Currently, China Fire has 52
issued patents covering fire detection, system control and fire extinguishing
technologies. Founded in 1995, China Fire is headquartered in Beijing with
about 500 employees in more than 30 sales and project offices throughout China.


Cautionary Statement Regarding Forward-looking Information

This presentation may contain forward-looking information about China Fire
& Security Group, Inc. and its wholly owned subsidiary Sureland which are
intended to be covered by the safe harbor for forward-looking statements
provided by the Private Securities Litigation Reform Act of 1995. Forward-
looking statements are statements that are not historical facts. These
statements can be identified by the use of forward-looking terminology such as
"believe," "expect," "may," "will," "should," "project," "plan," "seek,"
"intend," or "anticipate" or the negative thereof or comparable terminology,
and include discussions of strategy, statements about industry trends and
China Fire & Security Groups' future performance, operations and products.
This and other "Risk Factors" are contained in China Fire & Security Groups'
public filings with the SEC.

For more information, please contact:

China Fire & Security Group, Inc.
Robert Yuan, Chief Accounting Officer
Tel: +86-10-8441-7848
Email: ir@chinafiresecurity.com
Web: http://www.chinafiresecurity.com


SOURCE China Fire & Security Group, Inc.