SHENZHEN, China, January 19, 2016 /PRNewswire/ -- China Information Technology, Inc. (Nasdaq:CNIT), a leading provider of internet-based platforms and digital advertising services in China, today said it had introduced YunTouch, a new stand-alone digital display terminal designed for use in multiple locations including retail stores, shopping malls, restaurants, hospitals, banks, financial institutions and government buildings.
Equipped with interactive touch screen function, an HD camera, a built-in microphone, and a high-definition 32-inch tall LCD screen, the YunTouch terminal enables customers to quickly and easily view or order products and verbally request product information.
YunTouch also has face recognition and big data technology which collects and analyzes customers' past purchase behavior and automatically shows them relevant new product information.
YunTouch is fast, with an 8-core processor and CNIT's proprietary network operating system, and can be remotely programmed from a customer's own PC or mobile app via the company's YunfaNet cloud-based information network.
As with CNIT's elevator-based terminals, YunTouch can display a full slate of digital and video ads, also delivered via YunfaNet.
"We are very excited to roll out this advanced stand-alone terminal," said CEO and chairman, Mr. Jianghuai Lin. "We believe the YunTouch will allow companies to stimulate significant sales and strengthen brand recognition, particularly amongst younger consumers who are used to interacting with and making purchases via out-of-home digital display screens."
"We further believe products like YunTouch can reduce the cost of product promotion compared to other advertising or product message modalities."
Mr. Lin said he expected sales of YunTouch to be "brisk" and account for "meaningful high-margin revenue" during calendar 2016.
About China Information Technology, Inc.
China Information Technology is a leading Internet service company that makes advertising accessible and affordable for businesses of all sizes. CNIT provides cloud-based platform, exchange, and big data solutions enabling innovation and smart living in the education, health care, new media, finance and transportation sectors. Through continuous innovation, CNIT is aiming to leverage its proprietary Cloud-Application-Terminal technology to level the competitive landscape in the new media industry and deliver value for its shareholders, employees, customers, and the community. To learn more, please visit http://www.chinacnit.com.
Safe Harbor Statement
This press release may contain certain "forward-looking statements" relating to the business of China Information Technology, Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical fact included herein, are "forward-looking statements" in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminologies such as "believes", "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company and its subsidiaries and other consolidated entities or persons acting on their behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
For further information, please contact:
China Information Technology, Inc.
Iris Yan
Tel: +86-755-8370-4767
Email: IR@chinacnit.com
http://www.chinacnit.com
or
Asia IR-PR
Jimmy Caplan
Tel: +512-329-9505
Email: jimmy@asia-irpr.com
or
Media Relations: Asia IR-PR
Rick Eisenberg
Tel: +212-496-6828
Email: rick@asia-irpr.com
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