JINAN, Shandong, China, Sept. 15 /PRNewswire-Asia-FirstCall/ -- Jinan Yinquan Technology, one of the wholly-owned subsidiaries of China VoIP & Digital Telecom (OTC Bulletin Board: CVDT) announced today that its alliance system integrator (the SI) has signed two virtualization agreements with Qingdao Technological University and Linyi Mining Group, respectively. With the technical support provided by Jinan Yinquan, the system integrators will implement an integrated virtualization solution for these two customers' datacenters.
Yinquan will provide the customers with its industry-leading technology in comprehensive datacenter solutions. Yinquan's sophisticated virtualization solutions will help the customers reduce their overall investment and operating expenses. The virtualization solutions allow the datacenters to be lean and quick resulting in more efficient and secure operations. In addition, it will also result in higher energy savings and lower overall emissions, thereby helping customers reach their green IT goals (providing a more environmentally-friendly computing environment). Cooperating with SIs is a new marketing approach for CVDT. These alliances allow the company to gain access to more government and enterprise customers which in turn increases its market share.
Mr. Kunwu Li, President and CEO of CVDT, is very pleased with the success of this alliance. He said, "We are glad to see our turn-key solutions have helped our SIs to expand their businesses. Yinquan played a very important role in assisting the SI in this case. Using our own sales force and leveraging our SI partners, we plan to accelerate our market share growth, which will create a solid foundation for CVDT's long-term development in the virtualization industry. I am very confident that our SIs will win more numerous and successful contracts in the future."
Mr. Li continued, "Several recent contracts signed by the SIs have greatly increased the confidence of our alliance system integrators by clearly demonstrating our ability to provide advanced, customized solutions to a number of high-profile multinationals. Our partners have expressed their dedication to continued efforts in marketing our virtualization solutions. Working together, we should be able to continue to expand this growing business, and, of course, this will allow us to maintain the leading position in the virtualization market."
About China VoIP & Digital Telecom Inc.
China VoIP & Digital Telecom Inc. offers virtualization technology applications in the People's Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co., Ltd and Beijing PowerUnique Technologies, Co., Ltd. Through the two subsidiaries, China VoIP & Digital Telecom is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its integral virtualization solutions and services in China and at this time is in the testing stages of other Information Technology products. More information can be found at http://www.chinavoip-telecom.com .
About Virtualization Technology
Virtualization is a proven software technology that is rapidly transforming the IT landscape and fundamentally changing the way people compute.
Today's powerful x86 computer hardware was originally designed to run only a single operating system and a single application, but virtualization breaks that boundary, making it possible to run multiple operating systems and multiple applications on the same computer at the same time, increasing the utilization and flexibility of hardware.
Virtualization is a technology that can benefit anyone who uses a computer, from IT professionals and Mac enthusiasts to commercial businesses and government organizations. Millions of people around the world use virtualization to save time, money and energy while achieving more with the computer hardware they already own.
Safe Harbor Statement
Certain of the statements made in the press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as 'believe,' 'expect,' 'may,' 'will,' 'should,' 'project,' 'plan,' 'seek,' 'intend,' or 'anticipate' or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.
For more information, please contact:
CVDT Investor Contacts:
Michelle Wong
Tel: +86-531-5558-5742
Email: michellewong@chinavoip-telecom.com
Great Wall Research LLC
Dina Ding
Tel: +1-203-252-7266
Email: dding@greatwallresearch.com
