China VoIP & Digital Telecom Inc. Subsidiary and Shandong Expressway Company Ltd. Sign Important New Virtualization Agreement

Jun 04, 2010, 09:00 ET from China VoIP & Digital Telecom Inc.

JINAN, China, June 4 /PRNewswire-Asia-FirstCall/ -- Jinan Yinquan Technology Co., Ltd. (Yinquan), one of the wholly-owned subsidiaries of China VoIP & Digital Telecom Inc. (OTC Bulletin Board: CVDT), today announced that it has signed a virtualization agreement with Shandong Expressway Company Limited. Yinquan will help its new customer launch their integrated datacenter virtualization solution. This represents China VoIP & Digital Telecom's first customer in the nationally vital expressway industry.

Shandong Expressway Company, a large state-owned holding enterprise, is the only corporation engaged in investing, operating and managing highways, bridges and tunnel infrastructures in Shandong Province. It also provides retail petro-products, gas station operations and convenience store services.

Yinquan will provide Shandong Expressway Company with cutting edge comprehensive datacenter solution technologies. This will help the customer to significantly reduce investment and operating expenses, lowering the total cost of business ownership. It will also help the customer enhance its datacenter security and reduce the required number of servers, resulting in higher energy savings, lower emissions and more environmentally-friendly effects.

"We designed the integrated virtualization datacenter solution based on the customer's current and future needs. We are pleased to see our solution is proving to be profitable and useful to Shandong Expressway Company," Mr. Kunwu Li, President and CEO of China VoIP & Digital Telecom said, "The expressway industry is vital to China's growth and we are happy to support this in every way possible. We plan to showcase our integrated virtualization solutions to allow other expressway companies to benefit from our commitment to quality products and services."

Shandong Expressway Company has also selected Yinquan to provide after-sale services for its virtualization system operations. This service contract is expected to provide a stable and long-term recurring revenue stream to Yinquan.

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 and services in China and at this time is in the testing stages of other Information Technology products. More information can be found at .

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. Join the millions of people around the world who 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 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.

    For more information please contact

    CVDT Investor Contacts:
     Michelle Wong
     Tel:   +86-531-5558-5742

    Great Wall Research LLC
     Sheena Shen
     Tel:   +1-203-252-7266

SOURCE China VoIP & Digital Telecom Inc.