Princeton Security Technologies, Inc. (PSGY) to Expand Its Distribution in China
(firmenpresse) - PRINCETON, NJ -- (Marketwire) -- 01/19/12 -- Princeton Gamma-Tech Instruments, a wholly owned subsidiary of Princeton Security Technologies Inc. (OTCBB: PSGY), announced that it had secured orders as well as signed new distribution agreements in China. The Company will distribute its Radioactive Isotope Identifier Devices (RIIDs) as well as Nuclear Power remote monitoring systems to the Chinese market via its newly signed distributors. Product deliveries will start the first quarter of 2012.
According to the company's VP of Sales, Dr. Leong Ying, this is an important market entry for the fast growing Chinese market and will generate an on-going revenue stream for the Company's products.
About Princeton Security Technologies Inc.:
Princeton Security Technologies, through its wholly owned subsidiary, Princeton Gamma-Tech Instruments, Inc (PGT), is a leading developer of Radiation Isotope Identifiers, Radiation Area Monitors and High Purity Germanium detector technology for Nuclear Power plants, Homeland Security, National Research Laboratories, and overseas nuclear safety agencies.
Further information regarding Princeton Security Technologies can be found at
Investor contacts:
Howard Isaacs
(562)987-4939
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Datum: 19.01.2012 - 13:46 Uhr
Sprache: Deutsch
News-ID 1074755
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