IFS Securities Initiates Research Coverage On China Information Technology, Inc. (CNIT)

ATLANTA, Feb. 19, 2015 /PRNewswire/ -- IFS Securities, an Atlanta-based full-service independent broker-dealer, announces today that it has initiated coverage on China Information Technology, Inc. (CNIT), a provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry.

"CNIT enjoys the competitive advantage of its superior new media Software as a Service (SaaS) platform primarily used for product promotion and information distribution. Its big data analysis and industry-specific, cloud-based software are its key growth drivers in the midst of China's rising urbanization and modernization of its transportation system," said Marco Bonelli, Director of Research, IFS Securities.  "The recent contract to install its new media system in Hunan province along with its promising Taoping Net online exchange for ad resources provides a promising upside potential for CNIT to monetize its market presence. In addition, we are attracted to its operational record, management track record and its technology-driven efficiency," he continued.

Additional investment highlights include:

• CNIT won a number of large contracts from the leading media agencies to digitalize OOH media and information systems, accelerating the adoption of its new media SaaS platform in China.
• Through its newly-established subsidiary, Taoping Net, CNIT is developing the largest online exchange for digital out-of-home (DOOH) advertisement resources.
• CNIT entered into a strategic partnership with an automobile retailer, Pengfeng, to install its cloud-based new media terminals inside all 30 Pengfeng stores. By providing new media solutions to the world's largest automobile market, CNIT should garner additional interest from other potential customers and investors.

The report is available by contacting [email protected].

Please review important disclosures on our website at www.ifssecurities.com. 

About China Information Technology
China Information Technology, Inc. (CNIT) is on a mission to make advertising accessible and affordable for businesses of all sizes. CNIT is a leading provider of integrated cloud-based platform, exchange, and big data solutions to the Chinese new media industry. Its Internet ecosystem enables all participants of the new media community to efficiently promote brands, disseminate knowledge, and exchange resources. Through continuous innovation, CNIT is leveraging 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, visit www.chinacnit.com.

About IFS Securities
IFS Securities, Inc., is a full-service independent broker-dealer that understands retail and wholesale advisory networks as well as global capital markets.  IFS offers financial advisory; brokerage support; equity research; fixed income and equity trading; and investment banking services.  Based in Atlanta, IFS Securities has 32 offices in 17 states and Puerto Rico and is a member of FINRA, MSRB and SIPC.  For more information about IFS Securities, visit the website at www.ifssecurities.com or call 404-382-5223.

Media Contact:
Juliann Kaiser
Kaiser Marketing Group
770-643-0615
[email protected]

SOURCE IFS Securities

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