JINAN, Shandong, China, July 6 /PRNewswire-Asia-FirstCall/ -- Jinan Yinquan Technology ("Yinquan"), the wholly owned subsidiary of China VoIP & Digital Telecom (OTC Bulletin Board: CVDT), today announced that it won the bid for the Zibo Mining Group's virtualization project. Zibo Mining Group is the second customer in the mining industry for Yinquan.
Zibo Mining Group accepted Yinquan's sophisticated integrated virtualization solution to improve their servers' utilization rates and enhance datacenter security. Yinquan's virtualization solutions will also reduce purchasing and administrative expenses and will provide Zibo Mining Group with higher energy-savings and lower overall emissions thereby providing it with a more environmentally friendly computing solution. Yinquan was also awarded with a post implementation services support contract.
Mr. Kunwu Li, President and CEO of China VoIP & Digital Telecom, was very pleased about the winning of the bid. He said, "We are very glad to see our continuous promotional efforts being realized in the mining industry. In this April, we provided our virtualization solution to Xinwen Mining Group, our first mining client. Winning the bid with Zibo Mining Group clearly shows our growing market penetration and customer acceptance to our virtualization solutions. Both these mining customers are large state-owned enterprises. These successful cases show Yinquan's ability to serve large-scale enterprise users. We also have leads with additional four customers in mining industry to follow up. We believe we will be able to help these potential clients find satisfying solutions to address their specific demands and we hope to obtain the contracts from these customers in the near future."
About China VoIP & Digital Telecom Inc.
China VoIP & Digital Telecom Inc. offers virtualization technology application 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 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. 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.
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: +86-531-555-85742
Email: michellewong@chinavoip-telecom.com
Great Wall Research LLC
Dina Ding
Tel: +1-203-252-7266
Email: dding@greatwallresearch.com
