SHENZHEN, China, Dec. 6, 2010 /PRNewswire-Asia-FirstCall/ -- China Information Technology, Inc. (Nasdaq: CNIT), a leading total solutions provider of geographic information systems (GIS), digital public security technology (DPST) and digital hospital information systems (DHIS) in China, today announced it ranked among the Deloitte Technology Fast 500 Asia Pacific, for the third consecutive year.
The Deloitte Technology Fast 500 Asia Pacific recognizes the 500 fastest growing Asia Pacific-based technology companies. Rankings are based on percentage revenue growth over the past three years. Remaining on the prestigious list for the third year, CNIT proved itself to be one of the fastest growing software-based companies in the region, and a leading company with intellectual property-driven revenue growth in China.
Results of the 2010 rankings were officially announced on December 2, 2010 at an awards ceremony at the InterContinental Hotel in Hong Kong.
"It is an honor to be nominated again to Deloitte's internationally recognized ranking," said Jiang Huai Lin, Chairman and CEO of CNIT. "Our company has been growing tremendously this year with a record number of contract wins for projects in both the public and private sector, leading to the large-scale implementation of our proprietary software solutions in many critical industries in China. With our highly skilled team of developers, new technology innovations in the pipeline, and a number of emerging opportunities, we are looking forward to exciting growth and continued success for years to come."
About China Information Technology, Inc.
China Information Technology, Inc., through its subsidiaries and other consolidated entities, specializes in geographic information systems ("GIS"), digital public security technology ("DPST") and digital hospital information systems ("DHIS"), with the goal of being the largest GIS software provider in China. Headquartered in Shenzhen, China, the Company's integrated solutions include specialized software, hardware, systems integration, and related services to help our customers to improve the efficiency in information management. To learn more about the Company, please visit its corporate website at http://www.chinacnit.com.
Safe Harbor Statement
This press release may contain certain "forward-looking statements" relating to the business of China Information Technology, Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the significance of the recognition received by the Company; the general ability of the Company to achieve its commercial objectives; the Company's growth prospects; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements, often identified by the use of forward-looking terminology such as "believes," "expects," or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
For further information, please contact:
China Information Technology, Inc.
SOURCE China Information Technology, Inc.