China – China Information Security Technology, Inc., a leading provider of Information Security and 3S (Geographic Information System — GIS, Global Positioning System — GPS and Remote Sensing — RS) services in China, today announced that the Company’s executive management presided over the closing bell at the NASDAQ MarketSite in New York City’s Times Square on Friday, May 23,2008 to celebrate the Company’s listing on the NASDAQ Global Select Market.
China Information Security’s Chairman and CEO, Mr. Jiang Huai Lin, along with key members of senior management, NASDAQ executives and members of the investment community participated in the ceremony.
“This was a tremendous honor for us as well as a great reward for our shareholders,” commented Mr. Jiang Huai Lin, CEO of China Information Security. “We look forward to the many opportunities ahead of us as we consolidate the information security market in China. This listing on NASDAQ should provide our shareholders with greater visibility among the investment community and enable a lower cost of capital.”