Strengthens relationship with Genie CCTV - new order of 600 units

Nio Security, Inc. and Genie CCTV announce a renewal

and strengthening of its partnership with Genie's

order of 600 units of Nio's renowned CloseView

product. Nio sees this order as a verification of its

technology within Video Analytics.

Nio sees numerous other opportunities within the

market for distributors and OEM and VAR agreements in

a market that is continuing to grow by more than an

estimated 25% per year.

Genie CCTV Limited is a privately funded company

specializing in the supply of high-quality security

equipment, and has been a certified dealer for Nio

since December 2006. Founded in 2001, the company has

seen nearly 10 years of continuous growth and is

established as one of the favored brands in the CCTV

marketplace. Genie's products are available through

the established security distribution network in the

United Kingdom, the Republic of Ireland, Holland,

Denmark and Middle East.

For further Information contact Espen Brodin,

Chairman & CEO, +47 920 44 558

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