China Information Security Announces Second Quarter 2008 Results Conference Call

SHENZHEN, China, Aug. 8 /Xinhua-PRNewswire-FirstCall/ -- China Information Security Technology, Inc. (NASDAQ: CPBY) ("China Information Security," "CIST" or the "Company"), a leading provider of Information Security and 3S (Geographic Information Systems -- GIS, Global Positioning Systems -- GPS and Remote Sensing -- RS) services in China, today announced that it will conduct a conference call to discuss the second quarter of 2008 results.

To participate in the live conference call, please dial the call-in number five to ten minutes prior to the scheduled conference call time:

    Date:                   Wednesday, August 13, 2008
    Time:                   9:00 a.m. EDT
    Conference Call-In #:   800 688 0796
    International Callers:  617 614 4070
    Conference Passcode #:  663 605 25
    Webcast Link:           http://www.visualwebcaster.com/event.asp?id=50785

    If you are unable to participate in the call at this time, please call:

    Replay Call-In #:       888 286 8010
    International Callers:  617 801 6888
    Replay Passcode:        802 129 94
    Replay Expires on:      Wednesday, August 20, 2008

About China Information Security Technology, Inc.

Through its wholly-owned Chinese subsidiary, China Information Security is focused on the development and implementation of large scale, high-tech information security and 3S (Geographic Information Systems -- GIS, Global Positioning Systems -- GPS and Remote Sensing -- RS) related projects. The Company provides a broad portfolio of fully integrated solutions and services, including Information Security (First Responder Coordination Platform, Intelligent Border Control System and Residence Card Information Management System), 3S and Product Sales and Services. Through its exclusive contractual arrangement with iASPEC Software Company Limited (iASPEC), China Information Security has the licenses to numerous registered and copyrighted software applications in China. In addition, iASPEC is considered the Company's variable interest entity, and its financial data and information is consolidated into the Company's accounts. To learn more about the Company, please visit the corporate website at http://www.chinacpby.com .

Safe Harbor Statement

This press release may contain certain "forward-looking statements" relating to the business of China Information Security Technology, Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements the general 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. 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 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.

    For more information, please contact:

    Company Contact:
     Mr. Michael Lin
     Vice President, Investor Relations
     China Information Security Technology, Inc.
     Tel:   +1-949-743-0868
     Email: mlin@chinacpby.com
     Web:   http://www.chinacpby.com

    Investor Relations Contact:
     Mr. Crocker Coulson
     President
     CCG Investor Relations
     Tel:   +1-646-213-1915 (NY office)
     Email: crocker.coulson@ccgir.com
     Web:   http://www.ccgir.com

Web site: http://www.chinacpby.com/
http://www.ccgir.com/

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