New CCTV contract - HK Government

RNS Number : 5441K

UniVision Engineering Ltd

22 August 2012

 

                                                                                                        22 August 2012

UniVision Engineering Limited

("UniVision" or "the Group)

New CCTV Contract with Hong Kong Government

UniVision(AIM; UVEL), the Hong Kong based group whose principal activities are the supply, design, installation and maintenance of closed circuit television and surveillance systems, and the sale of security related products, is pleased to announce that it has been awarded a new contract by the Electrical and Mechanical Services Department of Hong Kong Government with a total value of HK$10.96m (approx. £898,500. on the basis of the current prevailing exchange rate) over a period of 6 months.

The new contract is for supply and installation of Closed Circuit Television Systems ("CCTV") and Data Network at Kai Tak Cruise Terminal which is a major new infrastructure project of the Hong Kong Government.

Stephen Koo, Chairman of UniVision commented, "The quality of our service and reputation within the surveillance market has enabled us to win this contract. The contract clearly demonstrates that our service meets the high performance criteria of Hong Kong Government."

For the year ended 31 March 2012, the Company's turnover in this sector was £7.4 million.

Enquiries

UniVision Engineering Limited	[phone]
Stephen Koo, Chairman
Chun Hung Wong, CEO
Nicholas Lyth, Non-Executive Director	[phone]
Zeus Capital Limited (Nominated Adviser and Broker)
John Simpson	[phone]
Imran Ahmad

Updates on the Company's activities are regularly posted on its website www.uvel.com

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.

 

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