China Information Technology Ranked Among 2011 Forbes China Best SMEs

SHENZHEN, China, Feb. 23, 2011 /PRNewswire-Asia/ -- China Information Technology, Inc. (Nasdaq: CNIT), a leading total solutions provider of geographic information systems (GIS), digital public security technology (DPST) and digital hospital information systems (DHIS) in China, has been ranked 41st among 200 of China's best small and medium enterprises (SMEs) in 2011.  This is the second consecutive year the Company has made Forbes China's ranking.  

Now in its seventh year, the Forbes China Best SMEs Program ranks companies with the "most potential," scored on the basis of a host of metrics, including three-year weighted average revenue growth rate, return on assets, return on equity and operating margins.  For its 2011 study, the business publication surveyed over 20,000 small- and medium-size companies in China, with sales ranging from RMB 5 million to 1 billion.

"We are honored once again by Forbes China's recognition, counting us among the companies with the highest potential in China," said Mr. Jiang Huai Lin, CEO of China Information Technology.  "Our second year on the list is a positive nod to the way we run our business.  We are confident that our unique position in the market, strong R&D talent and proprietary geographic information systems, digital public security and hospital information systems solutions will continue to serve as growth drivers for us in the year ahead."  

About China Information Technology, Inc.

China Information Technology, Inc., through its subsidiaries and other consolidated entities, specializes in geographic information systems (GIS), digital public security technology (DPST) and digital hospital information systems (DHIS), with the goal of being the largest GIS software provider in China.  Headquartered in Shenzhen, China, the Company's integrated solutions include specialized software, hardware, systems integration, and related services to help its customers improve efficiency in information management.  To learn more about the Company, please visit its corporate website at http://www.chinacnit.com.

Safe Harbor Statement

This press release may contain certain "forward-looking statements" relating to the business of China Information Security Technology, Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical fact included herein are "forward-looking statements" including: the significance of the recognition by Forbes China; the general ability of the Company to achieve its commercial objectives; the Company's growth prospects, the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. 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. 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 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.