Nio Security enters the Danish video surveillance market

Nio Security, Inc. today announced that Danish Secure

Vision Group will become a distributor for Nio's

sophisticated video surveillance solutions in Denmark

and parts of Sweden. The Group has placed an initial

order for Nio's advanced CloseView video surveillance

system.

The Scandinavian and European markets for

sophisticated surveillance systems are growing

rapidly. The cooperation with Secure Vision Group is

the last of a number of European distributor

agreements secured by Nio during recent months.

Secure Vision Group provides security and

surveillance solutions for law enforcement, the

public sector, businesses and private customers. The

group will market and support Nio products towards

security dealers and integrators throughout Denmark

and parts of Sweden. A growing crime rate and

terrorism threats represent increasing security needs

and Secure Vision Group will use the CloseView system

for a number of security purposes.

The order represents a large number of units with a

combined sales value in excess of USD 650,000.

Including the order at hand, Nio's order backlog

currently stands at approximately USD 3 million. In

addition, dealer agreements add an estimated USD 1.5

million to future sales.

For further information please contact Espen Brodin,

Chairman & CEO, +47 920 44 558.

Nio Security, Inc. helps protect life and property

through the development and sales of sophisticated

video surveillance solutions. The Company's

technology is unrivalled and the main products

CloseView and SteadyEye are considered the most

advanced video surveillance systems available. Nio

Security, Inc. is headquartered in the United Stated

and listed on the Oslo Stock Exchange (ticker: NIO).

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