Authorization Approved by Department of Science & Technology of Shandong Province
JINAN, China, Feb. 11 /PRNewswire-Asia/ -- Jinan Yinquan Technology Co., Ltd., (Yinquan), the wholly owned subsidiary of China VoIP & Digital Telecom Inc. (OTC Bulletin Board: CVDT), has won authorization to launch the Virtualization Technology Application Engineering Research Center of Shandong Province (the Center) from the Department of Science & Technology (DST) of Shandong Province. The Center is the first provincial research center on virtualization technology application in China.
Mr. Li Kunwu, Chairman and CEO of CVDT, is pleased with the DST’s support and stated, "The opening of the Center is another major achievement of Yinquan in promoting virtualization based on the support it is receiving from the Shandong Information Industry Department. The virtualization solution provided by Yinquan is a "Green IT" concept that helps businesses as well as governments to improve IT efficiency and reduce costs. The government will provide USD200,000 for the center, while the Center will provide Yinquan a broader platform both for technical innovation and talent recruitment."
"The authorization to launch the Center underscored Yinquan’s leading position in virtualization technology in Shandong, and also demonstrated the strong determination of the government to promote its Green IT concept including virtualization technology. We believe the virtualization market in China is very huge," Mr. Li added.
About China VoIP & Digital Telecom Inc.
China VoIP & Digital Telecom Inc. offers Voice Over the Internet Protocol (VOIP) telecommunications services together with the virtualization technology application in the People’s Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co., Ltd. Through Jinan Yinquan, China VoIP is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its NP Soft Switch system in China and is currently 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. Join the millions of people around the world who use virtualization to save time, money and energy while achieving more with the computer hardware they already own.
For more information, please contact:
Yinquan Investor Contacts:
Michelle Wong
Tel: +86-531-8702-7114
Email: michellewong@yinquan.cn
Great Wall Research LLC
John Armstrong
Tel: +1-203-536-1928
Email: jarmstrong@greatwallresearch.com
