China VoIP & Digital Telecom Wins Virtualization Project Bid for Shandong Salt Industry Group

Oct 11, 2010, 08:30 ET from China VoIP & Digital Telecom Inc.

JINAN, China, Oct. 11 /PRNewswire-Asia-FirstCall/ -- Jinan Yinquan Technology, a wholly-owned subsidiary of China VoIP & Digital Telecom (OTC Bulletin Board: CVDT) today announced that it has won the virtualization projects bid for the Shandong Salt Industry Group. Established in 1949, Shandong Salt Industry Group is a large state-owned enterprise, engaged in the development of salt resources, salt utilization and production, salt processing, storage and transportation and wholesale.  It has more than 13,000 employees and 56 wholly-owned subsidiaries.  The main reason attributed to the wining of the bid by Yinquan Technology was that its virtualization solution can improve server utilization and significantly reduce the number of servers.  As a result, Yinquan's solution will help the Shandong Salt Industry Group reduce purchasing costs and operating expenses.  In addition, the virtualization solution can also improve system security and stability, ensuring business continuity.     Mr. Li Kunwu, Chairman and CEO of CVDT, is very pleased with their winning bid.  He said, "It's a high honor for us to be recognized by Shandong Salt Industry Group and to be selected as their virtualization technology provider.  We'll provide our new client with a customized solution suitable for their data center. By offering our customers IT solutions based upon their individual needs, the CVDT family of companies has been able to build immediate and long-term success. We're delighted to assist the Shandong Salt Industry Group with their future goals."

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 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 at 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 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

Email: michellewong@chinavoip-telecom.com

Great Wall Research LLC

Dina Ding

Tel:   +1-203-252-7266

Email: dding@greatwallresearch.com

SOURCE China VoIP & Digital Telecom Inc.



RELATED LINKS

http://www.chinavoip-telecom.com