This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

ChinaCache Wins The "Credible Cloud Services" Status Granted By MIIT

Stock quotes in this article: CCIH

BEIJING, Jan. 10, 2014 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (Nasdaq:CCIH), the leading total solutions provider of Internet content and application delivery services in China, today announced that the Company has won the "Credible Cloud Services" status granted by the Ministry of Industry and Information Technology ("MIIT") in January 2014. The "Credible Cloud Services" accreditation program was launched by the MIIT in October 2013 and is the first cloud services program of its kind to be implemented in China.

ChinaCache is one of ten companies that have received this "Credible Cloud Services" status. ChinaCache's two types of cloud services, namely ChinaCache's cloud server service and elastic block storage (EBS) service, passed all the 13 accreditation tests required by the MIIT. Both services met the MIIT's stringent criteria, such as standards for usability, movability, privacy, resource allocation and failure recovery capabilities. More noticeably, ChinaCache provides usability levels as high as 99.9% with downtime limited to less than 8.76 hours per year, which translates into more stability and convenience for ChinaCache's cloud service customers.

According to the statistics released by the China Academy of Telecommunication Research of MIIT, the global market size of cloud services reached USD131.7 billion in 2013, an increase of 18% year-over-year. The total market size is estimated to increase to USD244.2 billion by 2017. As cloud services continue to grow at a rapid pace, greater needs are placed on the government and leading cloud players to build up credible and reliable industry standards, whether it is for regulating purposes or strengthening market confidence in cloud services.

We believe, with the help of credible cloud service accreditation systems and the advancing capabilities of cloud providers, China's cloud services will achieve higher security and stability. ChinaCache, at the forefront of this industry, will continue to provide high-quality cloud services with optimal user experiences.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,042.90 -28.32 -0.17%
S&P 500 1,972.29 -5.51 -0.28%
NASDAQ 4,493.39 -12.4620 -0.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs