SHENZHEN, China, June 7 /PRNewswire-Asia/ -- China Security & Surveillance Technology, Inc. ("CSST" or the "Company") (NYSE: CSR; Nasdaq Dubai: CSR), a leading integrated provider of digital surveillance technology in the P.R.C., today announced the appointment of Dr. Liu Haitao as CSST's Chief Scientist. While Dr. Liu will continue his research and development role in government- related organizations in China, Dr. Liu will be solely committed to CSST in leading CSST's technology innovation and providing consultancy for CSST's total digital management solutions.
Dr. Liu has been in the mainland information technology industry for more than 20 years. As the academic leader in the Internet of Things (IOT) field, Dr. Liu is one of the earliest scientists focusing on the research and development of IOT application. He currently serves as Director of Wuxi Institute of IOT, Head of National Working Group for IOT Standardization, Member of Advisory Committee for State Informatization, and Vice Director at Shanghai Institute of Microsystem and Information Technology, which is a direct subordinate branch of Chinese Academy of Sciences.
IOT is defined as a concept focusing on the development of an open architecture connecting all Internet-enabled objects. IOT will serve to enhance the efficiency of information flow and integration in CSST's E-city platform. Moreover, with the speeding up on the development of IOT application within China, the market need for even more complex digital management solutions will likely generate further opportunities for CSST.
''Dr. Liu brings more than 20 years of management and research expertise to his role with a deep understanding of IOT development in China," said Mr. Guoshen Tu, Chairman and Chief Executive Officer of CSST. "IOT together with our E-city platform, will clearly position us to offer fully integrated digital management solutions to help build a safer, more convenient and efficient city for our government customers."
Dr. Liu said he is looking forward to the challenge of continuing to build CSST's technology innovation in China. "I am delighted to take on the role as the Chief Scientist at this exciting stage and proud to lead our team to foster technology innovation for CSST."
Dr. Liu's research and development career started at Chinese Academy of Science as a designer and researcher of a satellite project from 1998 to 2002. He then later joined Shanghai Institute of Microsystem and Information Technology as a leader in the research and development section, and advanced to Vice Director at the Institute in 2007.
Dr. Liu holds a Ph. D. degree from University of Science and Technology of China.
About China Security & Surveillance Technology, Inc.
Based in Shenzhen, China, CSST designs, manufactures, sells, installs, services and monitors electronic surveillance and safety products and solutions, including related software, in China. Its customers are mainly comprised of government, commercial, industrial and education entities. CSST has built a diversified customer base through its extensive sales and service
network that includes branch offices and distribution points throughout China. To learn more about the Company visit http://www.csst.com.
Safe Harbor Statement
This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Such statements include, among others, those concerning our appointment of Chief Scientist, our expected financial performance and strategic and operational plans, our future operating results, our expectations regarding the market for surveillance and safety products, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. 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 based upon premises 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 on Form 10-K filed with the Securities and Exchange Commission ('SEC'), and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system at http://www.sec.gov
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