China TransInfo Announces RMB 12 Million Contract with Ministry of Transportation

China TransInfo Technology Corp.

today announced that it recently signed an agreement with the Planning Institute under the PRC Ministry of Transportation to provide technical development and services for a pilot project to build and operate a traffic data collection, analysis, and service system for national trunk roads. The contract is valued at approximately RMB 12 million (approximately $1.8 million) and will be classified within the Company's government solutions business.