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China VoIP & Digital Telecom Inc. Subsidiary Receives Two Governmental Awards and Funding for Its Projects
(Market Wire Via Thomson Dialog NewsEdge) JINAN, CHINA, March 10 / MARKET WIRE/ --
Jinan Yinquan Technology Co. Ltd ("Yinquan"),
the wholly owned subsidiary of China VoIP & Digital Telecom Inc. (OTCBB: CVDT), today announced that it received two governmental awards granted at
the Qilu Software Park Annual Honor Conference 2007 held on March 6, 2008.
The two awards are the 2007 Top Growth Enterprise Award and the 2007
Excellent Enterprise for Statistical Work of Qilu Software Park. In
addition, the General Manager of the company, Mr. Wang Qinghua, was awarded
the 2007 Special Contribution Individual Award of Enterprise Union for his
outstanding achievements as the Deputy Director of Communications
Technology Union of CIIIC (China International ICT Innovation Cluster).
Yinquan received the most awards among the 500 enterprises in Qilu Software
Park. These awards demonstrated that Yinquan's leadership position has
been recognized by both the government and industry.
In addition to the awards, Yinquan has received government funding for two
projects:
-- Integrative Communication System Based on WiFi network, funded by the
Jinan Info Industry Special Fund
-- Special Fund for Talent Training, granted by China's Ministry of
Commerce
About Qilu Software Park:
Qilu Software Park, the high-tech zone established in November 1995, was
recognized as the first national "State Torch Program Software Industrial
Base" in March 1997 by the Ministry of Science and Technology. In July
2001, it was recognized as the "national software industrial base" by the
State Development Planning Commission and Ministry of Information Industry.
Qilu Software Park is highly ranked in terms of production among the
national software industrial bases, and it has been an important base for
the software and communication industry in Shandong Province and Eastern
China Area.
More info please visit http://www.qilusoft.org/english
About China VoIP & Digital Telecom Inc.
China VoIP & Digital Telecom Inc. offers Voice over the Internet Protocol
telecommunications services 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.
Distributed by Filing Services Canada and retransmitted by Marketwire
Yinquan Investor Contacts:
Michelle Wong
Tel: 531-8702-7114
E-mail: Email Contact
Great Wall Research LLC
John Armstrong
Tel: 203-536-1928
E-mail: Email Contact
Copyright ? 2008 Market Wire, Incorporated
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