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Hollysys Automation Technologies, Ltd. - Pantech 21, SGP

Original Press Release

Hollysys Automation Technologies Showcases Its High-Speed Rail Signaling Technology on International Stage

Press release date: Dec 09, 2010

BEIJING- Hollysys Automation Technologies, Ltd. (Nasdaq: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, announced today that it participated in the 7th World Conference on High-speed Rail held in Beijing between December 7 and 9, 2010 as an exhibitor, which was the first such event held in a city outside of Europe. The conference was co-sponsored by China's Ministry of Railways and International Union of Railways.

Hollysys' high-speed rail signaling products of ATP and TCC were showcased to visitors and conference participants, in a 90 sq meter booth during this 3-day world renowned high-speed rail event, which attracted more than 2,000 government officials, corporate executives, and industry experts from all over the world.

Mr. Dejiang Zhang, China's Vice Premier, delivered the opening address at the event, saying, "Chinese government will place high-speed rail as its top priority in its initiative to drive the national strategic emerging industry development, under the safe, easy-to-use, efficient, and environment-friendly framework."

Dr. Changli Wang, CEO and Chairman of Hollysys, commented: "China is constructing the largest high-speed rail network in the world. As a leading high-speed rail signaling system provider in China, Hollysys will continue to leverage on its core competency and market leading position to capture its fair share in this unprecedented high-speed rail build-out. "

About Hollysys Automation Technologies, Ltd.

Hollysys Automation Technologies is a leading provider of automation and control technologies and applications in China that enables its diversified industry and utility customers to improve operating safety, reliability, and efficiency. Founded in 1993, Hollysys has approximately 2,400 employees with 9 sales centers and 13 service centers in 21 cities in China and serves over 1700 customers in the industrial, railway, subway & nuclear industries. Its proprietary technologies are applied in product lines including Distributed Control System (DCS) and Programmable Logic Controller (PLC) for industrial sector, high-speed railway signaling system of TCC (Train Control Center) and ATP (Automatic Train Protection), subway supervisory and control platform (SCADA), and nuclear conventional island automation and control system.

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Hollysys Automation Technologies, Ltd.

Hollysys Automation Technologies, Ltd.

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