Princeton Security Technologies, Inc. (PSGY) to Expand Its Distribution in China
January 19 2012 - 2:46PM
Marketwired
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 www.PGT.com
Investor contacts: Email Contact Email Contact Howard Isaacs
(562)987-4939