Under the terms of the alliance, 4C Controls will be
the exclusive provider of high technology security and surveillance solutions for all of Sire's current projects, including the following:

- Atlantis - The Palm Jumeirah - Ocean themed 2,000 room resort similar to sister hotel in Bahamas, to be on 120 acres of the Crescent on Palm Jumeirah; expected to have more than 65,000 marine animals on display.

- SAMA Lagoons - 40 kilometers of world class commercial office space, business and retail properties, residences, hotels, and leisure venues on Dubai Creek in a new city of 7 districts divided into 14 suburbs.

- Jumeirah Park Villas - 350 hectares in the heart of Dubai's most desirable district being constructed as a secure, family-oriented residential community consisting of 2,000 properties.

- TechnoPark - Jebel Ali Free Zone labor accommodations for 6,000 persons in phase one with expected growth in subsequent phases to accommodate an additional 14,000 persons.

4C Controls expects the security and surveillance portions of the contracts made under the strategic alliance with Sire to have a total value during 2008-2009 of approximately USD40 million. 4C Controls also expects the
potential value of the contracts to increase due to anticipated synergy with other new projects in Dubai.

The general framework of the security and surveillance solutions have been presented by 4C Controls to Sire. 4C Controls and Sire have agreed to mutually define the work specification documentation and have 4C Controls
commence working on security and surveillance solutions for these projects with immediate effect.

The electronic security and access control component will be subcontracted from 4C Controls to its sister company in Australia, BQT Solutions Limited, and integrated in the total solution provided by 4C Controls.

Massoud Khodjasteh, CEO of Sire, stated, "We are very pleased to enter into the strategic alliance with 4C Controls which will deliver substantial added value to our projects. The conception and framework presented by the
highly professional management team at 4C Controls will provide our projects with unique, cutting edge high technology security and surveillance solutions while setting new standards in UAE."

Olivier de Vergnies, CEO of 4C Controls, said, "We are delighted to establish this strategic alliance with Sire Contracting Company. It is a major step in supporting 4C Controls' plans to establish a strong position in the booming market of the UAE and we look forward to working closely with Sire on its world-class projects."

Anastasios Angeloglou, CEO of BQT Solutions stated, "We are happy to join 4C Controls in its projects, and combine both our management and technical expertise to achieve success"