Irish Mag Inc. Completes Name Change to China Public Security Technology Inc.
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Irish Mag Inc. Completes Name Change to China Public Security Technology Inc.

SHENZHEN, China, Feb. 12 /PRNewswire-FirstCall/ -- China Public Security Technology, Inc. (OTC Bulletin Board: CPBY), a provider of real-time Geographic Information System (GIS) and Software Operating Services in China, today announced that it has completed its name change from Irish Mag, Inc. to China Public Security Technology Inc. The company begins trading under the ticker symbol CPBY on the OTC bulletin board, effective immediately.

Mr. Jiang Huai Lin, the President and CEO of the Company commented, "Our success and growth in recent years is a testament to our core technology competency in homeland security and geographic tracking services and our rigorous attention to market needs. We believe that we are well positioned to capture the growth of the Chinese homeland security market and that our new corporate image more accurately reflects our commercial objectives."

About China Public Security Technology, Inc.

Through its indirect wholly-owned Chinese subsidiary, China Public Security Technology, Inc. is a real-time Geographic Information System (GIS) solution provider in China. The Company provides a broad portfolio of fully integrated products and services, including system design and database management for Police-use GIS, Civil-use GIS, e-government and other security related products. The Company currently has an exclusive license of 16 patents in China through its exclusive business turnkey agreement with Shenzhen iASPEC Software Engineering Company Limited (iASPEC). Under this agreement the Company acts as iASPEC's exclusive subcontractor to key customers, including Shenzhen City Public Security Bureau, China Unicom Shenzhen Division, Shenzhen Urban Planning Bureau and the Shenzhen Fire Department. To learn more about the Company, please visit the corporate website at http://www.chinapsh.com.

Safe Harbor Statement

This press release contains certain statements that may include "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding 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. 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. You 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 periodic 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.

China Public Security Technology, Inc.

Web site: http://www.chinapsh.com//