CSR $7+.82 was $9.8 Huge Contract news:US$146.2M
China Security & Surveillance Technology, Inc. Signs E-city Project Framework Agreement for Haimen City
-- Project Valued Approximately RMB 1 Billion over the Next 3-5 Years --
* Press Release
* Source: China Security & Surveillance Technology, Inc.
* On Thursday September 3, 2009, 9:01 am EDT
o China Security Surveillance Technology, Inc.
SHENZHEN, China, Sept. 3 /PRNewswire-Asia/ -- China Security & Surveillance Technology, Inc. ("CSST" or the "Company") (NYSE: CSR; Nasdaq Dubai: CSR), a leading provider of digital surveillance technology in the PRC, today announced it has signed an E-city project framework agreement valued at approximately RMB 1 billion (approximately US$146.2 million based on an exchange rate of USD 1.00 to RMB 6.84) with the local government of Haimen City in the southeast of Jiangsu Province.