Cantronic Systems Inc.
TSX VENTURE : CTS

Cantronic Systems Inc.

May 16, 2011 08:00 ET

Cantronic to Report Financial Results for Fiscal Year 2011 on May 23

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2011) - Cantronic Systems Inc., ("Cantronic" or the "Company") (TSX VENTURE:CTS) plans to release its annual financial results for the financial year ended January 31, 2011 on May 23, 2011. The financial report will include results segmented into continued and discontinued operations to allow investors to review Cantronic's China-based video surveillance technology and solutions business separately from the North American thermal imaging business (which has recently been sold).

Cantronic is a Tier 1 issuer on the TSX-V exchange, trading under the symbol CTS. For further information about Cantronic and CantronicChina, please visit our websites at www.cantronicsecurity.com and www.cantronics.com.cn.

Forward-looking statements

This news release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Cantronic Systems Inc. and the markets in which it operates. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Cantronic to be materially different from any future results, performance or achievements expressed or implied by said forward-looking statements.

Forward-looking statements include, but are not limited to: the completion of the Proposed Transaction, anticipated share capital following completion of the Proposed Transaction, expectations, opinions, forecasts, projections and other similar statements concerning anticipated future events, conditions or results that are not historical facts. In certain cases, forward-looking statements can be identified by the use of words such as "plans," "expects" or "does not expect," "is expected," "budget," "scheduled," "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved."

Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking information is provided as of the date of this news release, and Cantronic Systems Inc. assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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