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ZST Digital Networks, Inc. Receives Official Certification for its Commercial GPS Tracking Products

2011-01-05 12:23 876

ZHENGZHOU, China, Jan. 5, 2011 /PRNewswire-Asia-FirstCall/ -- ZST Digital Networks, Inc. (Nasdaq: ZSTN) ("ZST" or the "Company"), a major developer, manufacturer and supplier of digital and optical network equipment to cable system operators and provider of GPS tracking devices and support services for transport-related enterprises in China, today announcedthat its commercial GPS tracking products has been officially certified in China by the China Communications Product Certification Center ("CCPC") of the Ministry of Transport of the PRC.  The certification was awarded to the Company's Chairman and CEO, Mr. Zhong Bo, at a ceremony in Beijing held by the Ministry of Transport on December 16, 2010. 

While the GPS vehicle tracking product market has been in development in China for over a decade, various government ministries have only recently begun to issue official quality standards and guidelines.  In August 2010, the Ministry of Transport, through the CCPC, initiated a certification program for GPS tracking products, and a number of manufacturers have applied for certification.  To the best of the Company's knowledge, ZST Digital is the first company to date to have received official certification for its commercial GPS tracking products following a successful product inspection, testing and review process by the CCPC.

Commenting on the news, Mr. Zhong Bo said, "We are honored to be the first company to receive official certification for our commercial GPS tracking products by the CCPC.  We believe the steps taken by the Ministry of Transport will help to further develop quality standards for the industry as a whole, by encouraging transport-related enterprises to utilize certified products.  We believe this certification will enhance our commercial GPS product and service offering by highlighting our product quality and technology, and will contribute to the continued growth of this segment.  The market reception of our commercial GPS products and services has exceeded our expectations, and we are pleased with the rapid growth of this segment throughout 2010.  We will continue to market our commercial GPS product and service offering to transport-related enterprises in Henan Province as we seek to capitalize on this exciting growth opportunity." 

About ZST Digital Networks, Inc.

ZST Digital Networks, Inc. (Nasdaq: ZSTN) is a China-based company, principally engaged in supplying digital and optical network equipment and providing installation services to cable system operators in the Henan Province of China.  The Company has developed a line of IPTV devices that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers.  The Company has assisted in the installation and construction of over 400 local cable networks in more than 90 municipal districts, counties, townships, and enterprises. The Company also provides a commercial line of GPS devices and support services for transport-related enterprises to track, monitor and optimize their businesses.  For more information about ZST Digital Networks, Inc., please visit http://www.shenyangkeji.com.

Forward-Looking Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: 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 the progress of new product development. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including our ability to maintain and increase revenues and sales of our products; our ability to develop and market new products; our strategic investments and acquisitions; compliances and changes in the laws of the People's Republic of China (the "PRC") that affect our operations; our ability to obtain all necessary government certifications and/or licenses to conduct our business; vulnerability of our business to general economic downturn, especially in the PRC; adverse capital and credit market conditions and our ability to meet liquidity needs; and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.

Contacts:

ZST Digital Networks, Inc. Investor Relations (HK):
John Chen, CFO Ruby Yim
Email: jchen@shenyangkeji.com  Taylor Rafferty
  Tel: +852-3196-3712
  Email: zstdigital@taylor-rafferty.com 
   
Investor Relations (US): Investor Relations (US):
Mahmoud Siddig, Director BPC Financial Marketing
Taylor Rafferty John Baldissera
Tel: +1 (212) 889-4350 Tel: +1-800-368-1217
Email: zstdigital@taylor-rafferty.com   
Source: ZST Digital Networks, Inc.
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