JINAN, China, Nov. 28, 2011 /PRNewswire-Asia-FirstCall/ --
China Intelligence Information Systems, Inc. ("China Intelligence",
"The Company") (PINK: IICN), who offers virtualization technology
application and cloud computing related consulting service,
products, solutions and implementation service in the People's Republic of China, today
announced that the Company has signed three contracts with a total
value approximately at $1.5 million
with three subsidiaries of China Southern Power Grid Company
Limited ("China Southern Power").
China Southern Power, a 2011 Fortune Global 500 company, is the
second largest electricity provider in China with six wholly-owned subsidiaries and
over 300,000 employees. China Southern Power provides electricity
to approximately 230 million people in China, which accounts for 17.8% of all the
energy consumers in China. China
Intelligence has designed a comprehensive and integrated datacenter
virtualization, disaster tolerance and backup solution for the
China Southern Power, which could satisfy their current and future
demands. After installation China Southern Power will increase the
utilization and flexibility of its hardware, lower operating and
maintenance costs as compared to its existing IT
infrastructure.
Mr. Kunwu Li, President and CEO of China Intelligence, stated,
"China Southern Power is a well respected and established
corporation in China. We have
successfully worked with the China Southern Power previously and
are pleased that we have continued our working relationship
together. The revenue of $1.5 million
is expected to increase to approximately $3
million in 2012. We look forward to continuing our
successful relationship together and further enhance our existing
reputation in providing virtualization and cloud computing related
services and solutions and the position as the preferred provider
in China Southern Power Grid
system."
About China Intelligence Information Systems, Inc.
As the leader in China's
virtualization and cloud computing market, China Intelligence has
developed a suite of offerings, including server consolidation,
desktop virtualization and disaster tolerance and backup systems,
to high-end clients in China,
assisting them in flexible usage of their IT resources. China
Intelligence also helps its clients establish a cloud computing
platform with lower IT costs and increased computing speed up to a
thousand times current capability. Furthermore, we help clients
establish their datacenter management and disaster tolerance backup
center on the Cloud.
China Intelligence's team of highly qualified management and
experienced technical experts provides its clients with a
full-range of services including consulting, products and
implementation relating to datacenter integration, disaster
tolerance and backup, cloud computing as well as desktop
virtualization.
China Intelligence also enjoys long-term and close working
relationships with partners including VMware Inc., Vizioncore and
CA Technologies. As a reflection of our knowledge and expertise, we
have gained some of the industry's highest partner recognition. The
depth and breadth of these recognitions reflects our commitment to
maximizing customers' returns on IT investment while minimizing the
risk of implementing new technologies. China Intelligence has been
named Infrastructure Virtualization Competency Partner of the Year
at the VMware Partner Exchange 2011.
Built with perfection, usability and enterprise level features
in mind, today our solutions are used by many Fortune 500 companies
including State Grid Corporation of China, China Unicome, China Southern Power
Grid, China Life Insurance Group, China Huaneng Group and China
Power Investment Corporation
Our government expertise consists of a highly-skilled team,
specializing purely in the service and supply of government
departments. The team is well-versed in the challenges faced by
government organizations of any size. China Intelligence is able to
help these clients on virtualization of datacenters, disaster
tolerance and backup as well as cloud computing. Some of our
governmental clients include, State Administration of Tax and its
subordinates, General Administration of Quality Supervision,
Inspection and Quarantine of the People's
Republic of China and its subordinates, Ministry of Industry
and Information Technology of the
People's Republic of China and its subordinates, National
Bureau of Statistic of China and
its subordinates, Ministry of Education of the People's Republic of China and its
subordinates, and Ministry of Water Resources of the People's Republic of China and its
subordinates.
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.
Company Contact:
Michelle Wong
Phone:+86-531-5558-5742
Email: michellewong@yinquan.cn
Investor Contact:
Alliance Advisors, LLC
Alan Sheinwald, President
Email: ASheinwald@AllianceAdvisors.net
Tel: +1-914-669-0222
www.AllianceAdvisors.net
SOURCE China Intelligence Information Systems, Inc.