JINAN, China, Oct. 4 /PRNewswire-Asia-FirstCall/ -- Jinan Yinquan Technology (Yinquan Technology), a wholly owned subsidiary of China VoIP & Digital Telecom (OTC Bulletin Board: CVDT), today announced that it has won the bid to implement a virtualization project for the Shandong Seismological Bureau (Seismological Bureau). The Seismological Bureau selected Yinquan Technology's virtualization solution provided to improve its server utilization and reduce the required number of servers. This decision will ultimately reduce purchase cost as well as IT administrative expense. In addition, the solution will help improve the bureau's system security and achieve the Seismological Bureau's green IT objectives for higher energy-savings and lower carbon emissions. Mr. Li Kunwu, Chairman and CEO of CVDT, was very pleased with the successful bid. He said, "We are very excited about winning the bid with the Shandong Seismological Bureau. It's another government agency which has decided that our virtualization solutions are the best going forward. This project helps us establish a showcase solution in the seismic system in Shandong province. Our next step will be to recommend our client-centered solutions to the 17 local seismological bureaus. We are confident that our solution can help the client achieve its green IT goals in a cost-effective way. Our unique technology and services should also provide us with a strong foothold within the entire seismological bureau system in Shandong."
The CVDT family of companies has a number of prior government customers, including the taxation bureau, the public security bureau and the industrial information bureau. Their corporate goals are focused on financial success through supporting good environmental practices, supporting their customers' business and green IT goals and improving the overall market in China.
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 this 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
