China VoIP & Digital Telecom Subsidiary Wins Government Awards.JINAN, China -- Jinan Yinquan Technology, the wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of China VoIP & Digital Telecom (CVDT CVDT Current Value Data Table CVDT Command Visual Display Terminal .OB) announced that the company and its International Business Communication Center (IBCC IBCC International Bureau of Chambers of Commerce IBCC Inter Board Committee of Chairmen (Pakistan) IBCC International Business Card Collectors IBCC Interim Benguela Current Commission (Africa) ) platform won the government recognitions during the Shandong E-Commerce Development and Innovation Conference, sponsored by Shandong Information Industry Department (IID IID Imperial Irrigation District (California) IID Interface Identifier (Component Object Model) IID Ignition Interlock Device (automotive security system) ) and which was held on May 6, 2009 in Jinan. In the Conference, Jinan Yinquan received the honor as the "Model E-Commerce Company of Shandong". In addition, Yinquan's IBCC platform, designed, developed and launched in late 2008, was selected as "The Most Valuable E-commerce Product of Shanodong". A special ceremony was hosted by the Shandong IID during the conference to present the prize. Mr. Li Kunwu, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CVDT accepted the government awards on behalf of the company. He stated, "This award demonstrates governmental recognition of Yinquan as one of the leading E-commerce companies. Our innovative IBCC platform is designed to meet all communication needs for an organization." Recently, Yinquan's IBCC has been endorsed as the designated communication service platform for the 11th National Games of China. It will run as the sub-website of the National Games' official website for athletes, coaches, staff, volunteers and sponsors so they may enjoy unified communication services, including an online office system, telephone, SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. , email, fax, conference call and video conference. "In 2009, we will focus on marketing the IBCC platform and delivering quality virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used. Hardware Virtualization Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer. solutions," added Mr. Li. "We believe this will be a substantial growth engine for our company as we have seen the market potential for our products and services expand significantly." About China VoIP & Digital Telecom Inc. China VoIP & Digital Telecom Inc. offers Voice Over the Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (VOIP) telecommunications services together with the virtualization technology application in the People's Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co., Ltd. Through Jinan Yinquan, China VoIP is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its NP Soft Switch system in China and is currently in the testing stages of other Information Technology products. More information can be found at www.chinavoip-telecom.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Certain of the statements made in the press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
|
|||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion