Hollysys will provide its proprietary subway SCADA platform, an open
hierarchical distributed software system that integrates and interconnects
various automation subsystems at station-level, which may include automation
for building, fire alarm, gates, access control, CCTV, public-address, fare
collection, passenger information, train information and supervision,
telecommunication, etc. The Phase II of Beijing Subway Line 8 is 17km in
length with 11 stations, and will be commissioned by
Dr.
About Hollysys Automation Technologies, Ltd.
Hollysys Automation Technologies is a leading provider of automation and
control technologies and applications in
About Beijing Subway Line 8
The phase I of Line 8 of the Beijing Subway, also known as the Olympic
Branch Line, spans just 4.53 km, and has four stations. In Phase II, Line 8 is
being extended north through the Olympic Forest Park to Huoying North in
Changping District beyond the Line 13 arc. To the south, Line 8 will enter the
city centre via Gulou Dajie, the Drum Tower, and Houhai, and terminate at the
National Art Museum. In all, the extensions will add 17 km and 11 stations.
Phase II will cost
About Beijing Mass Transit Railway Operation Corp. Ltd.
Beijing Mass Transit Railway Operation Co., Ltd. is a wholly state owned
operator mainly responsible for the construction of new subway lines approved
by the
Safe Harbor
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the impact of the Company's contract signing on the Company's business and operations; the ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Such forward-looking statements, based upon the current beliefs and expectations of Hollysys management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
For more information, please contact:
Hollysys Automation Technologies, Ltd.
Web: http://www.hollysys.com
Jennifer Zhang
Investor Relations
Tel: +86-10-5898-1386
Email: investors@hollysys.com
SOURCE Hollysys Automation Technologies, Ltd.