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China In-Focus: ZST Digital Inks 2 GPS Contracts

April 22, 2010 (FinancialWire) — ZST Digital Networks, Inc. (NASDAQ: ZSTN), a supplier of digital and optical network equipment to cable system operators in China, said that it has entered into agreements with Henan Chong Hing Automobile Sales Ltd. and ShangQiu City Security Services Ltd. to provide global positioning system hardware installation and monthly call center services. According to the company, the combined value of the two contracts is around $1.6 million, which includes first year service fees of around $0.2 million.

As part of the agreements, ZST will supply and install GPS tracking units for Henan Chong Hing and ShangQiu City's vehicle fleets. As part of the service offering, both companies will have access to ZST's 24/7 call center, which provides direction, information and emergency support for subscribers.

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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