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Mr. Li Kunwu, CEO of the company, said: "The indefinite block of VoIP services is a political need at this time and we cannot change the government's policy. CVDT is considering discontinuing the VoIP service and focusing on providing the virtualization solutions and services."
In addition, Mr. Li added, "While the block that happened this time is a special issue, it is beyond our expectations that the government has not lifted the order to resume VoIP services. As a result, the company's telecom service business has suffered tremendously. We hope that all investors understand that the company's future VoIP operations are facing great uncertainties and challenges."
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.
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.
SOURCE: Jinan Yinquan Technology Co., Ltd.
Yinquan Investor: Jinan Yinquan Technology Michelle Wong, +86-531-8702-7114 michellewong@yinquan.cn or Great Wall Research LLC John Armstrong, 203-536-1928 jarmstrong@greatwallresearch.com
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