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NEWS RELEASE: June 23, 2003 TSX Venture Exchange: TSN.U

Tranzcom Receives Top Industry Award for
Excellence in Beijing, China.

Vancouver, B.C. – Tranzcom Security Networks Inc., is pleased to announce that Beijing Huaxun Datacom Co. Ltd. (“Huaxun”), Tranzcom’s operating subsidiary in China, continues to be recognized as a leader by receiving the prestigious, “Best Ten Security Protection Enterprises in Beijing Award” for 2002. This is a major achievement for any company as there are 452 security companies contending for the award. The Huaxun’s proprietary security monitoring system, the “CAN System” has performed superbly and has been credited with the prevention of at least 50 potential crimes in 2002. The Security-Protection Technology Commission of Beijing Bureau of Public Security highly praised the performance of the CAN system for its fast response time and reliability. This award will serve as a further, badge of merit for the Huaxun’s profile as a leader in quality and professional service. This will further strengthen the Huaxun’s position as an innovative leader in the Chinese security monitoring and protection industry.

About Tranzcom:

Tranzcom Security Networks Inc., through its subsidiary in China, is a leading Network Application Service Provider (NSP) for monitoring and security systems. Customers include over 3,500 end users for security monitoring services at institutions, business enterprises, merchants, and residential locations. The current operational services are being expanded in Beijing, China which is hosting the Summer Olympic Games in 2008.

Beijing Huaxun Datacom Co Ltd. acquired the “CAN System” in 2001 and is aggressively commercializing and expanding the proprietary security monitoring network system. The system provides an advanced, secure dual-path monitoring service using both the telephone line and wireless over Huaxun’s own licensed radio frequency. This system has been proven to be fault tolerant through the proprietary wireless monitoring capability. Should the phone lines at a subscribers site fail, or be disconnected, the backup wireless system immediately takes over monitoring the site.

China’s implementation of a domestic market economy has resulted in increasing unemployment. The Chinese Government has turned toward technology to help curb increasing crime, a direct result of increasing unemployment and the increasing affluence within the emerging middle class in China. Tranzcom believes that the company is extremely well positioned to capitalize on this high growth area of business in China’s cities over the next 5 years.

For more information on the company, please visit:

Tranzcom Security Networks Inc. www.tranzcom.net;
Beijing Huaxun Datacom Co. Ltd. www.huaxunheda.com;

or contact Mr. Steve S. Kubota, Investor Relations Manager steve@tranzcom.net


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