BEIJING, Nov. 14 /Xinhua-PRNewswire-FirstCall/ -- China TransInfo Technology Corp., (OTC Bulletin Board: CTFO) (“China TransInfo” or “the Company”), a leading provider of public transportation information systems technology and comprehensive solutions, today announced that it will conduct a conference call at 10:00 a.m. Eastern Time on Thursday, November 15, 2007 to discuss results for the third quarter.
Joining Mr. Shudong Xia, chief executive officer, will be Ms. Fang Liu, investor relations supervisor. The company plans to distribute its earnings announcement that same day at 7:00 a.m. ET.
To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: (888) 481-7939. International callers should dial (617) 847-8707. When prompted by the operator, mention Conference Pass code 342 796 48.
If you are unable to participate in the call at this time, a replay will be available on Thursday, November 15 at 12:00 p.m. EST, through Thursday, November 22, 2007 at 12:00 p.m. EST. To access the replay, dial (888) 286-8010. International callers should dial (617) 801-6888. The conference passcode is 342 796 48.
About China TransInfo
China TransInfo, through its subsidiary Beijing PKU ChinaFront High Technology Co., Ltd., is primarily focused on providing transportation information services. The Company aims to become the largest transportation information product and comprehensive solutions provider, as well as the largest integrated transportation information platform and commuter traffic media platform builder and operator in China. China TransInfo is involved in developing multiple applications in transportation, digital city, land and resource filling system based on GIS technologies which is used to service the public sector. In addition, the Company is also developing its transportation system to include ETC technology. The company is the co-formulator to several transportation technology national standards and has software patents for 13 software products. China TransInfo has won 3 of 4 model cases sponsored by PRC Ministry of Communications. The Company’s affiliation with Peking University, which currently owns 5% of the company, provides access to the University’s GeoGIS Research Laboratory, including 30 Ph.D. researchers. As a result, the Company is currently playing a key role in setting the standards for electrified transportation information solutions.
Safe Harbor Statement
This press release contains certain statements that may include “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included herein are “forward-looking statements”. These forward looking statements are often identified by the use of forward-looking terminology 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. You 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 or persons acting on its 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 more information, please contact:
Company Contact:
Mr. Shudong Xia, Chief Executive Officer
China TransInfo Technology Corp.
Investor Relations Contact:
Mr. Crocker Coulson, President
Tel: +1-646-213-1915 (NY office)
Email: crocker.coulson@ccgir.com
