China Security & Surveillance Technology, Inc. Completes Minking Acquisition

SHENZHEN, China, June 7 /PRNewswire-FirstCall/ -- China Security & Surveillance Technology, Inc. (BULLETIN BOARD: CSCT) , a leading provider of digital surveillance technology in China, today announced that it has completed the acquisition of Changzhou Minking Electronics Co., Ltd. ('Minking').

Under the terms of the transaction, the Company paid a total consideration of RMB 200 million (approximately USD$25.7 million) in exchange for 100% ownership, consisting of RMB 100 million in cash and RMB 100 million in shares of the Company's common stock. The number of shares issuable in satisfaction of the equity portion of the purchase price is 968,611 shares, which is based upon an average closing price of the Company's common stock of $13.27 per share for the 20 trading days prior to January 29, 2007. These shares must be issued within 90 days following the signing of the Equity Transfer Agreement. The price of the equity portion is subject to achievement by Minking of certain net income performance targets in 2007 and 2008. The minimum net income target for 2007 is between RMB20 million to RMB 25 million (approximately USD$2.6 million to USD$3.2 million). The minimum net income target for 2008 is between RMB30 million to RMB 35 million (approximately USD$3.9 million to USD$4.5 million).

Minking is one of China's top manufacturers of high speed dome cameras, which can view 360 degrees, pan, zoom and tilt all at high speed. The functional capabilities of Minking's cameras will enhance the deployment of China Security's city-wide surveillance projects. Minking has been named a top 50 enterprise in the security industry by the China Security and Protection Industry Association (CSPIA).

Mr. Tu Guo Shen, Chief Executive Officer of China Security commented, "We are excited to welcome Minking to our growing brand portfolio. As one of the principal high speed dome camera manufacturers in China, this acquisition further solidifies our position as a leading provider of security and surveillance solutions and services. We believe this acquisition will enhance our competitive position in the marketplace and will enhance our ability to attract additional government security project work."

Mr. Tu continued, "The acquisition strategy of our company is to acquire 'best of breeds' businesses in different sectors of the security industry so as to allow CSST to secure its leading position in the security and surveillance market. As a leader in turnkey solutions with high quality products and services, we are encouraged with our progress and look forward to further expanding our market presence in China."

The Company expects to finance the cash portion of the purchase price with a portion of the net proceeds from its recent financings with Citadel Equity Fund Ltd. The monetary exchange rate used for this transaction is USD$1=RMB 7.78.

About China Security & Surveillance Technology, Inc.

Based in Shenzhen, China, China Security manufactures, distributes, installs and maintains security and surveillance systems throughout China. China Security has several manufacturing facilities in China and a R&D facility which maintains an exclusive collaboration agreement with Beijing University. China Security has built a diversified customer base through its extensive sales and service network throughout China. To learn more about the Company visit http://www.csstf.com/.

Safe Harbor Statement

This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as "will" "believes," "expects" or similar expressions. These forward-looking statements may also include statements about our proposed discussions related to our business or growth strategy, which is subject to change. 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 upon assumptions 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 filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at http://www.sec.gov/.

For more information, please contact: Company Contact: Terence Yap Tel: 646-713-4888 Email: terence@csstf.com Investor Contact: ICR: Bill Zima & Ashley Ammon MacFarlane Tel: 203-682-8200

China Security & Surveillance Technology, Inc.

CONTACT: Terence Yap of China Security & Surveillance Technology, Inc.,
+1-646-713-4888, terence@csstf.com; or Investor Contact, ICR: Bill Zima &
Ashley Ammon MacFarlane, +1-203-682-8200

Web site: http://www.csstf.com/