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).