CEPA Certification

UniVision Engineering Ltd 11 February 2008 UniVision Engineering Ltd ('UniVision' or 'the Group) Service Supplier Certification under CEPA UniVision, the AIM listed Hong Kong based designer and installer of digital surveillance and integrated security systems, is pleased to announce that, on 4 February 2008, it was awarded the Certificate of Hong Kong Service Supplier (HKSS) for CEPA from the Department of Trade and Industry of the Hong Kong Government. Under the Mainland and Hong Kong CEPA (Closer Economic Partnership Arrangement), a certified supplier is permitted to provide Engineering Services over a greater region of Mainland China (PRC). Access to the mainland for wholly-owned foreign enterprises was previously restricted. In order to operate in Mainland China companies must meet certain criteria, and inclusion in CEPA will provide UniVision with a relaxation of many of these rules. These include restrictions on equity shareholding, registered capital and turnover requirements, as well as fewer restrictions on the areas where a supplier may operate and the scope of the business that they can perform. Stephen Koo, Chairman of UniVision commented,'There is a huge amount of growth potential for our services in Mainland China and as a certified supplier under CEPA, we will be able to maximise these opportunities.'. -ends- For further information visit www.uvel.com or contact Univision Engineering Limited +852 2389 3256 Stephen Koo, Chairman Chun Hung Wong, CEO HB Corporate +44 (0) 207 510 8600 Jim McGeever/Rory Creedon Threadneedle Communications +44 (0) 207 936 9605 Graham Herring/Josh Royston Notes to Editors: About UniVision Engineering UniVision was incorporated in Hong Kong in 1979 and is now established in Hong Kong, Macau and China. The Group designs, sources and sells its own brand-name products and OEM products including, Microprocessor CCTV Control Systems, Video Distribution Amplifiers, Fibre Optic Transmission Systems and Smart Card Access Systems. UniVision currently offers hybrid security systems and has a portfolio of cutting edge digital technology used by its blue chip client base and the Hong Kong Government. UniVision is included in the Hong Kong Government's list of 'Approved Suppliers and Installation of Video Electronics Equipment'. To date the Group has completed high profile projects for clients including Hong Kong International Airport, Tsing Ma Bridge Crossing, Mass Transit Railway, Shanghai Plaza 66 and Sydney CityRail Network selling its products through its distribution channels in China, Taiwan and other Asian countries. The Group listed on AIM, part of the London Stock Exchange, in December 2005. This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings