Acquisition

UniVision Engineering Ltd
17 May 2006


Embargoed until 7am                                                 17 May 2006

                           
                            UniVision Engineering Ltd
                          ('UniVision' or 'the Group')

              Spearheading Growth into China Though the Acquisition
                          of Taiwanese Security Company


UniVision, the Hong Kong based designer and installer of digital surveillance 
and integrated security systems, today announces its drive into the Greater 
China region through the acquisition of a majority shareholding in one of 
Taiwan's largest specialist security companies, T-Com Tech. Co. Ltd ('T-Com').

UniVision will pay NT$30,287,500 (approx. HK$7.3 million or approx. GB£514,000)
in cash to acquire 52.25% of the shares of T-Com.

Established in 1998, T-Com is one of Taiwan's largest security system 
integrators and a turn-key provider of technology-based security solutions for 
medium and large commercial enterprises in Taiwan, as well as government 
agencies. It is one of the largest sellers of CCTV, access control and 
integrated security systems in the Taiwan region with a pool of blue-chip 
clients and employs over 50 highly skilled technical staff in Taiwan.

The Board of UniVision is confident that the acquisition will create important 
synergies to the Group. T-Com's wide portfolio of complementary products and 
integrated engineering services will offer UniVision new competitive 
opportunities which will provide improved market exposure. The Group continues 
to endeavour to provide its customers with a 'total solutions' package from 
advanced intelligence expertise through to state-of-the-art design and new
digital technologies.

The acquisition will also result in cost saving efficiencies, due to the 
convergence of R&D knowledge and optimised engineering resources. The Board 
believes that the enlarged Group will be able to attract additional prestigious 
customers as well as strengthening and consolidating its vendor/supplier base, 
improving purchasing power.

In addition, UniVision will also acquire all the competitive advantages of 
T-Com, such as:

• Low product costs as a result of self-design and ODM (Original Design 
  Manufacturer)
• Lower set-up costs for running machines and systems as a result of T-Com's 
  self-developed standalone DVR (Digital Video Recorder) which is expected to 
  bring revolutionary changes to the industry
• Strong project reference, beneficial for tendering large multinational
  projects

The audited accounts of T-Com for the year ended 31 December 2005 showed 
turnover of £2.7 million, with an operational profit of £46,225 and a retained 
profit for the year of £30,152. Net assets at 31 December 2005 were £985,562.

Mr. Stephen Koo, Chairman of UniVision, commented: 'I am pleased with our 
acquisition of such a well respected company. T-Com has created an additonal 
gateway for us to explore the Greater China region and we are ready to take 
advantage of the significant business opportunities that we believe this will 
present. The synergies from this acquisition should impact positively on our 
profitability and we are conducting further discussions with similar 
companies outside China with the view to expanding UniVision's market.'

The Directors anticipate that UniVision's preliminary results announcement for 
the year ended 31 March 2006 will be released in mid-June.

                                    - ends -


For further information visit www.uvel.com or contact:

UniVision Engineering Limited           [phone]
Stephen Koo, Chairman
Johnny Tang, Finance Director

Tavistock Communications                 020 7920 3150
Christian Taylor-Wilkinson
Matt Ridsdale


Notes to Editors:

About UniVision Engineering Limited:
UniVision , incorporated in Hong Kong in 1979, is well established in Hong Kong,
Macau and China. The Group designs, sources and sells its own brand-name 
products and OEM products including, Microprocessor CCTV Control Systems, 
Video Distribution Amplifiers, Fibre Optic Transmission Systems and Smart Card 
Access Systems.

UniVision currently offers hybrid security systems and has a portfolio of 
cutting edge digital technology used by its blue chip client base and the Hong 
Kong Government. UniVision is included in the Hong Kong Government's list of 
'Approved Suppliers and Installation of Video Electronics Equipment'.

The Group listed on AIM, part of the London Stock Exchange, in December 2005.





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