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Jinan Yinquan Technology Celebrates Its Successful Bid for Virtualization Project in Jinan City's Lixia District Government

Jul 30, 2010 (09:07 AM EDT)
URL: http://www.techweb.com/show-press-release/X811661/jinan-yinquan-technology-celebrates-its-successful-bid-for-virtualization-project-in-jinan-city-s-lixia-district-government.html

JINAN, China, July 30 /PRNewswire-Asia-FirstCall/ -- Jinan Yinquan Technology (Yinquan), the wholly-owned subsidiary of China VoIP & Digital Telecom (OTC Bulletin Board: CVDT), today announced that it has successfully won the bid for the virtualization project of the Lixia District Government of Jinan City ("the Government"). The Government is responsible for all the administrative affairs of Lixia District of Jinan City, the capital city of Shandong Province.

The Government recently accepted the integrated virtualization solution provided by Yinquan to improve its servers' utilization rates and reduce purchasing costs and administrative expenses. As the preferred service provider of the Government's virtualization project, Yinquan will also help other Governments in Shandong province implement solutions to reduce the number of servers being used as well as lowering costs associated with related equipment and maintenance.

The Government also selected Yinquan to provide after-sale services during its virtualization system operations.

The Government selected Yinquan for the virtualization project over two other solution providers. One of the bidders is an internationally known server provider. Mr. Kunwu Li, President and CEO of China VoIP & Digital Telecom, was very pleased with the successful bid. He said, "Yinquan's superior technology, large implementation capacity, high-quality service and excellent performance-to-price ratio are the main reasons our solution was the winning bid." Mr. Li added, "The Government will be a showcase by which Yinquan demonstrates its virtualization solutions for other government agencies and large-scale enterprises."

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. 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
     Phone: +86-531-5558-5742
     Email: michellewong@chinavoip-telecom.com

    Great Wall Research LLC
     Dina Ding
     Phone: +1-203-252-7266
     Email: dding@greatwallresearch.com

SOURCE China VoIP & Digital Telecom Inc.