CNIT Signs Pact for Installation of New Media Elevator Terminals in Sichuan Province

Dec 08, 2015, 08:00 ET from China Information Technology, Inc.

SHENZHEN, China, Dec. 8, 2015 /PRNewswire/ -- China Information Technology, Inc. (Nasdaq: CNIT), a leading provider of internet-based platforms, products and services in China, today said it entered into a strategic partnership agreement with Sichuan CAT Internet-of-Things Company, Ltd., an information technology solutions provider in Sichuan Province, to roll out CNIT's new media elevator terminals across the Province.

CNIT expects 10,000 of the terminals to be sold and installed within the next several years, for which the company will receive one-time terminal sales and recurring monthly service fees over this period.

Equipped with CNIT's proprietary mainboard and operating system, the terminals will display advertising and public information through Yunfa Net (, the company's cloud-based publication platform. Integrated with surveillance cameras and data collectors, the terminals will also transmit data on elevator operation to property management on a real-time basis.

Today's agreement follows a September 2 announcement that the company will install 1,200 new media elevator terminals in Guiyang City in Guizhou Province and Longyan City in Fujian Province, and an August 12 announcement that CNIT will install 922 terminals in Huizhou City in Guangdong Province. To date, the company's terminals have been successfully introduced into numerous strategic markets throughout China, an accomplishment that has strengthened CNIT's brand recognition and the competitiveness of cloud-based new media solutions. 

About China Information Technology, Inc.

China Information Technology is a leading Internet service company that makes advertising accessible and affordable for businesses of all sizes. CNIT provides cloud-based platform, exchange, and big data solutions enabling innovation and smart living in the education, health care, new media, finance and transportation sectors. Through continuous innovation, CNIT is aiming to leverage its proprietary Cloud-Application-Terminal technology to level the competitive landscape in the new media industry and deliver value for its shareholders, employees, customers, and the community. To learn more, please visit

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For further information, please contact: China Information Technology, Inc. Iris Yan Tel: +86-755-8370-4767 Email:  

or Asia IR-PR Jimmy Caplan Tel: +512-329-9505 Email:

or Media Relations: Asia IR-PR Rick Eisenberg Tel: +212-496-6828 Email:

SOURCE China Information Technology, Inc.