SHANDONG JINAN, China, April 6 /PRNewswire-Asia-FirstCall/ -- Beijing PowerUnique Technology Co., Ltd. (BPUT), the wholly owned subsidiary of China VoIP & Digital Telecom Inc. (OTC Bulletin Board: CVDT), today announced that the company has signed a strategic cooperation agreement (the Agreement) with Global Data Solutions Ltd. (GDS) on March 25, 2009. GDS is the leader in business continuity and disaster recovery services in China.
According to the Agreement, BPUT and GDS will incorporate the virtualization technologies and applications into GDS' future data and disaster recovery centers as well as its IT outsourcing (ITO) service. Using BPUT's virtualization solutions, GDS will be able to not only reduce expenses on data center and disaster recovery systems but also offer technical services with higher capability and security. Also in the Agreement, GDS will allow BPUT to directly market the virtualization solutions to its existing customers.
"We feel privileged to work with such a prominent company like GDS to jointly develop China's virtualization market," said Mr. Li Kunwu, CEO of CVDT. He added, "We believe BPUT's virtualization technology will help GDS significantly enhance its server efficiency and reduce its operating and maintenance costs. In addition, the Agreement with GDS will provide us an additional marketing channel to promote virtualization technology and applications to a wide range of GDS customers. We believe this should increase the awareness of the technology and accelerate the adoption of virtualization applications in China."
About China VoIP & Digital Telecom Inc.
China VoIP & Digital Telecom Inc. offers Voice over the Internet Protocol telecommunications services 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 GDS
Established in 2000, Global Data Solutions Limited (GDS) is a leading business continuity and disaster recovery company in China. It was the only commercial organization that participated in the establishment of the national standard for Disaster Recovery for Important Information Systems of China. The company has national data centers in Beijing, Shenzhen, Guangzhou, Shanghai and Chengdu, providing 20,000 square meters of infrastructure service to customers. In the next 3 years GDS will operate more than 20 data centers and provide customers with broader disaster recovery, data center and IT outsourcing services.
Currently GDS has branches in Beijing, Shanghai, Shenzhen and Hong Kong, and a representative office in Japan.
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: +86-531-8702-7114
Email: michellewong@yinquan.cn
Great Wall Research LLC
John Armstrong
Tel: +1-203-536-1928
Email: jarmstrong@greatwallresearch.com
