JINAN, China, Dec. 9, 2010 /PRNewswire-Asia-FirstCall/ -- Jinan Yinquan Technology Co., Ltd., one of the wholly-owned subsidiaries of China Intelligence Information Systems, Inc. (OTC Bulletin Board: IICN) today releases the first version of its Green2C cloud computing platform: Calm 1.0.
IT infrastructures have become increasingly complex and brittle. Currently, 70% of IT investment focuses on maintenance, leaving little time to support strategic business developments. With users demanding faster response times and management demanding lower costs, IT requires a better strategy. Cloud computing is a new solution to reducing IT complexity. It has become an invaluable consumer service by leveraging the efficiency by pooling demand and self-managed virtual infrastructure. Cloud computing is central to an enhanced IT strategy.
As the leading virtualization solutions provider in China, CIISI sees how cloud computing is changing the IT industry by its business model and infrastructure advantages. The company also foresees that cloud computing will be the development super-trend for the virtualization industry. In order to capture the first mover opportunity of the market, the Company has decided to develop the cloud computing platform.
The platform, based on virtualization technology, is developed as a basic cloud computing infrastructure with various cloud modules, including private cloud, government cloud and business cloud. The platform aims to provide uniform, standardized and automated management services to organizations which have IDCs (Internet Datacenters) and other datacenters, such as telecom carriers. The platform, designed under the "service-oriented infrastructure management" concept, focuses on integrating basic infrastructures in organizations' datacenters by abstracting and managing computing resources within the environment. The Calm platform's core technology is to deploy applications in the Cloud (web-based environment) and provide uniform, standardized and automated management during the entire life cycle of the applications including development, deployment, execution, update and offline. The Calm platform realizes on-demand creation, rapid deployment and intelligent management, and represents a new innovative way to reconfigure solutions from the cloud resources for its next version.
The Company will operate this platform as a carrier to provide virtual machine leasing services to organizations. It will also develop customized cloud computing platforms and provide on-demand services to the companies with IDCs and other datacenters.
The Company expects to release updated versions of the cloud computing platform on a regular basis and will integrate a Software-as-a-Service (SaaS) model.
For customers, Calm 1.0 of the Green2C Cloud Computing Platform makes CIISI an even better vehicle for cost savings coupled with revenue generation. For investors, the Green2C platform showcases CIISI's leadership in technological innovation.
About China Intelligence Information Systems, Inc.
China Intelligence Information Systems, Inc. (CIISI) offers virtualization technology application and cloud computing products 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, CIISI is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its integrated 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 www.ciisi.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.
About Cloud Computing
Cloud computing is a general term for anything that involves delivering hosted services over the Internet. These services are broadly divided into three categories: Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS). The name cloud computing was inspired by the cloud symbol that's often used to represent the Internet in flowcharts and diagrams.
A cloud service has three distinct characteristics that differentiate it from traditional hosting. It is sold on demand, typically by the minute or the hour; it is elastic -- a user can have as much or as little of a service as they want at any given time; and the service is fully managed by the provider (the consumer needs nothing but a personal computer and Internet access). Significant innovations in virtualization and distributed computing, as well as improved access to high-speed Internet and a weak economy, have accelerated interest in cloud computing
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.
SOURCE China Intelligence Information Systems, Inc.