Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
JINAN, China, June 4 /PRNewswire-Asia-FirstCall/ -- Jinan Yinquan
Technology Co., Ltd. (Yinquan), 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 Shandong Expressway Company
Limited. Yinquan will help its new customer launch their integrated datacenter
virtualization solution. This represents China VoIP & Digital Telecom's first
customer in the nationally vital expressway industry.
Shandong Expressway Company, a large state-owned holding enterprise, is
the only corporation engaged in investing, operating and managing highways,
bridges and tunnel infrastructures in Shandong Province. It also provides
retail petro-products, gas station operations and convenience store services.
Yinquan will provide Shandong Expressway Company with cutting edge
comprehensive datacenter solution technologies. This will help the customer to
significantly reduce investment and operating expenses, lowering the total
cost of business ownership. It will also help the customer 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 Shandong Expressway Company," Mr. Kunwu
Li, President and CEO of China VoIP & Digital Telecom said, "The expressway
industry is vital to China's growth and we are happy to support this in every
way possible. We plan to showcase our integrated virtualization solutions to
allow other expressway companies to benefit from our commitment to quality
products and services."
Shandong Expressway Company has also selected Yinquan to provide
after-sale services for its virtualization system operations. This service
contract is expected to provide a stable and long-term recurring revenue
stream to Yinquan.
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.