Nio Security to improve Italian port security

Nio Security, Inc. (OSE: NIO) today announced an new order for
minimum 150 units of its sophisticated SteadyEye® video stabilising
system from Genie CCTV Ltd, one of Nio's main distributors. A major
number of the SteadyEye® units will be used to improve port
security in Italy.

Including the most recent order, Nio's order backlog continues to
improve and now stands at around USD 1.2 million. This is more
than the Company's total sales in 2009.

SteadyEye® is a world leading product in real time correction of
instability in video images. Videos from security cameras orcameras
mounted on e.g. vehicles or planes often shake, due to wind,
vibrations or movement. SteadyEye® digitally stabilises such video
signals real-time, resulting in improved video quality. The unique
Nio technology has demonstrated its unprecedented performance in
for example military drone planes, harbor surveillance and police
cruisers.

Genie CCTV has been a certified distributor for Nio Security since
2006 and placed an order for another 600 units of the Company's
advanced CloseView® video surveillance system as late as February
this year.

For further information please contact Espen Brodin, Chairman &
CEO, +47 920 44 558.