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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 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, email, fax, conference call and video conference.
"In 2009, we will focus on marketing the IBCC platform and delivering quality virtualization 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 (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 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.
SOURCE: China VoIP & Digital Telecom Inc.
CVDT Investor: Michelle Wong, +86-531-8702-7114 michellewong@yinquan.cn or Great Wall Research LLC John Armstrong, +1-203-536-1928 jarmstrong@greatwallresearch.com
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