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Press Release

Emaar, the Economic City joins hands with GE Security for security solutions in KAEC Business Park

August 26, 2009

* GE Security provides fire detection, access control and video surveillance
* Installation of systems progressing in two buildings

Jeddah, Saudi Arabia -- 26 Aug, 2009: Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has joined hands with GE Security, Inc., a wholly-owned affiliate of General Electric Company (GE), for implementing state-of-the-art security solutions in the KAEC Business Park.
 
GE Security provides fire detection, access control and video surveillance for the nearly complete Business Park, and installation work is underway in SAGIA and EEC buildings. GE Security's modern access control system featuring 27 card readers based on its advanced ATS solution has already been installed. A video surveillance system with over 50 cameras -- fixed and hi-speed dome -- has also been installed. The cameras are connected to digital recorders that enable automatic storage of images.

Mr Fahd Al-Rasheed, Board Member and Chief Executive Officer, Emaar.E.C, said: "KAEC is implementing the highest standards in all aspects of its development. Security is one of the key features and requirements for an integrated city, and especially for the Business Park."

He added: "Work on two buildings of the Business Park is nearing completion and hand-over of offices. When completed, the two buildings will offer a fully secure work environment, and feature the latest in amenities."

Jurgen Timperman, Regional General Manager Engineered Systems, GE Security MEA said: "We are implementing our world-class security and life safety solutions to help meet KAEC's needs.  GE Security has an established presence in the Kingdom of Saudi Arabia and is pleased to be associated with the Emaar.E.C. for this remarkable project."

The KAEC Business Park spreads over an area of over 258,000 sq m, and features modern amenities including hi-speed internet and telecom connectivity and high-quality finishes. Facilities include a day-care centre, retail outlets and restaurants.

-ends-

Amy Knoten

Nivine William
ASDA’A Burson-Marsteller
nivine.william@bm.com
+971 4 4507 600


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