SOURCE: China Security Networks Inc.

November 23, 2005 13:51 ET

Tranzcom Awarded Contracts to Build Additional Safety Monitoring Systems for Coal Mines in China

VANCOUVER, BC -- (MARKET WIRE) -- November 23, 2005 -- Tranzcom China Security Networks Inc. (TSX-V: TSN) is pleased to announce, further to its news release on October 3, 2005, that its subsidiary Beijing Tranzcom Technology Co. Ltd (BTT) has been awarded a trial contract to install a Digital Coal Mine Safety Monitoring System in Jincheng City, Shanxi Province. Similar to the project in Linfen City, Jincheng is a major coal producing city in the province which has in excess of 500 coal mines.

Pursuant to the terms of the trial contract in Jincheng, BTT installed 10 explosion proof underground cameras and 14 above ground cameras linked and controlled at a central monitoring centre. BTT's proprietary system is comprised of gas level detection, location sensing, live video surveillance and Digital Video Recording for all operating areas. The BTT solution included the complete system design, procurement, installation and testing. The value of the trial system contract was 787,736 RMB or $114,041.46 CDN, for all aforementioned services.

The trial installation in Jincheng City has been thoroughly tested, inspected and approved. Subsequently, on November 16, 2005, BTT was awarded contracts for two more mines. These contracts include a total of 32 additional explosion proof cameras, 23 above ground cameras, four 42" plasma monitoring screens and ancillary equipment. The recent two contracts are larger than the initial trial installation at 792,749 RMB and 1,065,076 RMB, making the total value of the three Jincheng contracts $385,705 CDN.

Tranzcom is also pleased to announce that the pilot Digital Coal Mine Safety Monitoring System installed in Linfen city, announced on October 3, 2005, has now been tested and approved. Tranzcom fully expects that many more installations will be contracted shortly in Linfen and Jincheng. These two major coal producing regions in Shanxi Province, have approximately 5,000 coal mines, all of which are required to comply with new safety standards.

Tranzcom's VP Corporate Development, Barry McGowan commented, "Our implementation of video monitoring technology is being well received in this market segment. We are very pleased to be able to deploy our technology in a cost effective manner, and to assist the Chinese coal mining industry to improve work safety practices, and to help protect and save lives."

About Tranzcom

Tranzcom China Security Networks Inc. is a leading security network service provider in China, operating a state of the art security dispatch centre in Beijing. Tranzcom's subsidiaries, Beijing Tranzcom Technology Co. Ltd. and Beijing Huaxun Datacom Co. Ltd. design and manufacture security products and provide integrated security service solutions throughout China.

ON BEHALF OF THE BOARD

"Barry McGowen"
VP Corporate Development

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release.

Contact Information

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