November 11, 2009 (FinancialWire) — ZST Digital Networks, Inc. (NASDAQ: ZSTN), a supplier of network equipment to cable system operators in China, said it has entered into an agreement with Xing Yang Security Service Co., Ltd. to provide GPS hardware installation and monthly call center service to Xing Yang Security.

Xing Yang is a provider of personal, logistics, and technology safety services.

Under the terms of the agreement, Xing Yang Security will pay four million RMB to ZST upon entering into the agreement and an additional annual service fee up to around 500,000 RMB each year.

As part of the agreement, ZST will supply and install GPS tracking units in Xing Yang Security’s armored trucks.

Zhengzhou, China-based ZST Digital Networks is principally engaged in supplying digital and optical network equipment and providing installation services to cable system operators in China. The company has developed a line of IPTV devices that are used to provide bundled cable television, internet and telephone services to residential and commercial customers.

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