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China VoIP & Digital Telecom Inc. Subsidiary Signs Virtualization Agreement with Huaneng Power International Inc.
JINAN, Shandong, China, March 8, 2010 /PRNewswire via COMTEX/ --
Beijing
PowerUnique Technology Co., Ltd. (BPUT), 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 Huaneng Power
International Inc. (NYSE: HNP) in Beijing to launch its integrated datacenter
virtualization solution.
Huaneng Power International, Inc., together with its subsidiaries, engages
in the generation and sale of electric power to the regional or provincial
grid companies located primarily in China and Singapore. It operates and
manages power plants in Liaoning, Hebei, Shanxi, Shandong, Henan, Fujian,
Jiangsu, Zhejiang, Guangdong, Jiangxi, Gansu, and Hunan provinces, as well as
in Shanghai and Chongqing municipalities. Huaneng Power International is a
publicly traded company with stock listings in New York, Hong Kong and
Shanghai. It had a total generation capacity of 39,203 megawatts, making it
one of the largest public power producers in China.
BPUT will provide the customer with world-leading comprehensive datacenter
solution technologies. This will help the customer reduce investment and
operating expenses, lowering the total cost of business ownership. It will
also help the Huaneng Power International 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 Huaneng Power," Mr. Kunwu Li,
President and CEO of China VoIP & Digital Telecom said, "It's our first
customer in the energy industry, and it offers us a successful showcase to
introduce our integrated virtualization solutions to other power companies."
Huaneng Power International also selected BPUT to provide after-sale
services during its virtualization system operations. This service contract
is expected to bring stable and long-term recurring revenue to BPUT.
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 http://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. 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
Email: michellewong@chinavoip-telecom.com
Great Wall Research LLC
Sheena Shen
Tel: +1-203-252-7266
Email: sshen@greatwallresearch.com
SOURCE China VoIP & Digital Telecom Inc.
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