Nio Security to improve surveillance in Spain

Nio Security, Inc. (OSE: NIO) today announced an

order for minimum 250 units of its CloseView

sophisticated video surveillance system from Spains

leading security provider, Euroma Telecom SA. The

advanced video surveillance cameras will be used for

a number of security purposes in Spain.

Including the Spanish order, Nio's order backlog now

stands at approximately USD 1 million. This is more

than the Company's total sales in 2009.

Euroma will become Nio's main distributor in Spain,

which is a growing market for sophisticated security

products. The growing crime rate, terrorism threats

and illegal immigration represent challenges that

need to be met. Euroma will, together with Nio and

Genie CCTV Ltd, market and support Nio products

towards security dealers and integrators throughout

Spain.

Nio is currently in negotiation with several other

companies within distribution and security regarding

sale of its products.

For further information please contact Espen Brodin,

Chairman & CEO, +47 920 44 558

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