China Security & Surveillance Technology, Inc. (CSST) today announced that it has completed the acquisition of Changzhou Minking Electronics Co., Ltd. (Minking).

CSST accepted the terms in a transaction document by paying RMB 200million, divided equally in cash and in shares of the company's common stock in exchange for 100% ownership, Shares issued under the equity portion of the purchase price total 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 with an agreement within 90 days following the signing of the Equity Transfer Agreement.

Changzhou Minking Electronics Co., Ltd. is a professional manufacturer that specializes in the research, development, and production of CCTV products. A functional set of Minking's cameras will reinforce the stratagem of China Security's citywide surveillance projects.

Minking was ranked in the top 50 enterprises in the security industry by the China Security and Protection Industry Association (CSPIA).