RAE Systems in Joint Venture to Manufacture Safety Equipment for China's Coal Industry

Energy Resource, Dec 15, 2006

ENERGY RESOURCE-15 December 2006-RAE Systems in Joint Venture to Manufacture Safety Equipment for China's Coal Industry(C)2006 JeraOne - http://www.jeraone.com

The joint venture company, RAE Coal Mine Safety Instruments (Fushun) Co., Ltd., will be owned 70 percent by RAE Systems and 30 percent by the Liaoning Group.

The joint venture will manufacture and sell mine safety certified products including fixed gas detection monitors, portable toxic and explosive gas detectors, lighting systems and respiratory protection equipment.

"China is expected to rely on coal for at least half of its energy resources over the next 50 years, and as part of its master plan the Chinese central government has set aside funds to improve coal mining safety," said Robert Chen, president and CEO of RAE Systems. "Our joint venture with the Liaoning Group will enable RAE Systems to leverage its existing resources to accelerate its growth in the China mine safety market."

According to the China Administration of Work Safety and the China Labour Bulletin, China has more than three million people employed in the coal mining industry and has the highest per capita coal mine accident rate in the world.

RAE Systems is a leading global developer and manufacturer of rapidly deployable, multi-sensor chemical detection monitors and video networks for homeland security and industrial applications. In addition, RAE Systems offers a full line of portable single-sensor chemical, radiation detection products as well as fixed and mobile digital video recorders.

For more information, visit www.RAESystems.com.

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