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We would like to highlight China VoIP & Digital Telecom Inc. (OTCBB: CVDT). The company, a U.S. public company listed on NASDAQ OTCBB, is a leading provider of IP communication services in China through its wholly owned subsidiary – Jinan Yinquan Technology Co., Ltd.
In the Company’s recent news,
China VoIP & Digital Telecom Inc. announced an agreement between its newly acquired subsidiary and virtual solutions provider VMware (NYSE: VMW) to create a partnership to produce innovative products for the global virtualization market and extend both companies’ product offerings and customer base.
Beijing PowerUnique Technologies Co. Ltd. (BPUT), CVDT subsidiary, signed an agreement with VMware, in which it will become an official Technology Alliance Partner of VMware, a leader in the world’s global virtualization solutions. VMware offers its more than 100,000 customers the ability to minimize capital and operating expenses, ensure business continuity, boost security, and even comply with environmentally friendly standards. For BPUT, the agreement will enhance its products and help it extend its global reach, while enhancing VMware’s advanced virtual technology in the information security products marketplace.
“BPUT is honored to be VMware’s partner. We believe that the Technology Alliance Partner agreement between the two companies will help further develop the global virtualization market and we will see more innovative products for more customers around the world,” Kunwu Li, CVDT’s CEO and chairman of the board stated in the press release.
Following word of the agreement, shares of CVDT climbed 4 cents, nearly 8 percent, to 56 cents during Friday’s afternoon trading.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.