Mr. Kunwu Li, CEO of the Company, said, “We have a more established customer sales and service network for virtualization, which was initiated two years ago. The network covers Shandong, Sichuan, Hebei, Liaoning, Beijing and Tianjin, and the industry coverage has extended to the government departments, power supply, petrochemistry , education, taxation, public security, healthcare and banking sectors. The Company has signed a large number of system integrators (SIs) as partners. We are always working to develop the best business model. With our new focus, we can expect greater revenues from our virtualization business than what we had from the divested VoIP operations. More importantly, the virtualization solutions we provide are in full compliance with the conservation-oriented society and Green IT concepts (energy-saving, emission abatement and environment-friendly) advocated by the country.”Mr. Li is very confident with the virtualization market and he said that, “We believe the virtualization market in China has enormous potential and China VoIP & Telecom is already capturing that growth. We now have more than 100 employees in the two subsidiaries, and we will continue to recruit more talented people during our development.” Mr. Li added, “We are committed to being the foremost comprehensive virtualization solution and service provider (including products, technology, service, consultation, design and implementation) rather than a mere reseller of VMware and Vizioncore’s products.” 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 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.