China Fire & Security Group Inc, a leading industrial fire protection product and solution provider in China, announced that the Company has signed two contracts with Wuhan Iron and Steel Group valued at approximately USD 8.3 million for two independent fire protection projects.

According to the release, China Fire will serve as a total solution provider on the first project valued at approximately USD 4.1 million, consisting of the automatic fire protection systems to be installed in the cable tunnel and underground oil tank for Wuhan Iron and Steel Group's CSP plant at Wuhan in Hubei Province. The contract calls for China Fire to provide automated fire protection systems that include the Company's analog linear fire detectors, multi frequency infrared flame detectors, fire alarm monitoring and control systems and water mist fire-extinguishing systems. These systems will ensure that the entire production facility is safe from fire hazards and fully compliant to the new fire codes for iron and steel industry. The project is expected to be completed by the end of year 2008.

The release added that, China Fire will also serve as a contractor for the second project valued at approximately USD 4.2 million. The Company will provide the fire protection systems for the iron and steel plant of Echeng Iron and Steel Company a subsidiary of Wuhan Iron and Steel located in Ezhou, Hubei Province. China Fire will provide the automatic fire protection systems, including the Company's linear heat detectors, fire alarm monitoring and control systems and various fire extinguishing systems. The project is expected to be completed by the end of year 2008.

Mr Brian Lin CEO of China Fire said "We are pleased with the recent contract wins of USD 8.3 million with Wuhan Iron and Steel Group, demonstrating our superior product capacity and leading position in the industrial fire protection industry. He said that Wuhan Iron and Steel Group, which has been our long term customer plans to expand its capacity through its new build out of 10 million tonnes in Huangchenggang, Guangxi Province. China Fire is working closely with Wuhan Iron and Steel and is well positioned to win in this new development."