China Information Technology, Inc.'s InfoCloud Product Successfully Applied in Multiple Industries

China Information Technology, Inc.'s InfoCloud Product Successfully Applied in
                             Multiple Industries

PR Newswire

SHENZHEN, China, Oct. 9, 2013

SHENZHEN, China, Oct. 9, 2013 /PRNewswire/ -- China Information Technology,
Inc. ("CNIT" or the "Company") (Nasdaq: CNIT), a leading provider of
integrated cloud-based solutions in digital education, smart family and
business, public information release, and other information technology
solutions in China, today announced the Company has successfully secured
contracts of its core product CNIT InfoCloud with customers in multiple
industries including financial, property, weather forecast, media, jewelry
retail, education, entertainment, hospitality, train business, healthcare and
e-commerce.

Customers that have adopted CNIT InfoCloud product for an internet-based
centralized information and advertisements release system include, among
others, China Merchants Bank in the financial sector; Bishan/Kai/Zhong City
Meteorological Bureau in the weather forecast sector; Dafengshou and Jiqun
E-Jia in the e-commerce sector; Qinghai Province Education Department, Lanzhou
City Educational Technology Center and Shenzhen Primary/High School in the
education sector; HKP Estate Agency in the real estate sector;
Tianjin/Chengdu/Shenyang/Inner Mongolia Airport in the media sector; Shenzhen
Moon Bay/Phoenix KTV in the entertainment sector; People's Hospital of Sichuan
Province/Tianjin City in the healthcare sector; and Caitingxiang Restaurant in
the hospitality sector. CNIT InfoCloud, jointly developed and launched by the
Company and its strategic partner Biznest in May 2013, is a public information
release system based on cloud computing and internet-of-things technologies,
which consists of four main components - Cloud Release Web (pubds.com), Cloud
Media Web, Cloud Signage software and a Smart Cloud terminal- P-Box. This
robust product offering for the commercial users enables large data storage
coupled with fast and secure information delivery to a wide array of
designated remote display terminals and devices in real time.

In addition to initial sales of display terminal hardware (P-TV and P-Box) and
software (cloud platform), CNIT InfoCloud product allows the Company to
receive recurring annual service fee ranging from hundreds to thousands of RMB
per terminal, depending on various customer needs. The Company expects the
pervasiveness and scalability of InfoClould will enable its fast expansion to
millions of terminal users throughout China, which may generate substantial
recurring revenue opportunity for the Company.

Mr. Jiang Huai Lin, Chairman and Chief Executive Officer of the Company,
commented, "We are pleased that our InfoCloud product has been widely accepted
by the market and our customers in such a short time since its release, which
is a major accomplishment and demonstrates the successful implementation of
our business transition strategy. We believe our strong product offering and
market penetration capabilities in our InfoCloud and other "cloud-base"
businesses will bring strong momentum for the Company's future growth."

About China Information Technology, Inc.

Headquartered in Shenzhen, China, China Information Technology, Inc., through
its subsidiaries and other consolidated entities, provides information
technologies and cloud-based business solutions in China. The Company's
cloud-based products include Smart EduCloud and Public InfoCloud; IT solutions
include geographic information systems (GIS), digital public security
technology (DPST), and hospital information systems (HIS). The Company's
integrated hardware, software, and cloud-based services serve a variety of
customers in the fields of government, education, medical, financial,
commercial, communication and individual consumers. To learn more about the
Company, please visit its corporate website at http://www.chinacnit.com.

Safe Harbor Statement

This press release may contain certain "forward-looking statements" relating
to the business of China Information Technology, Inc., and its subsidiary
companies. All statements, other than statements of historical fact included
herein, are "forward-looking statements." These forward-looking statements,
often identified by the use of forward-looking terminology such as "believes,"
"expects" or similar expressions, involve known and unknown risks and
uncertainties. Although the Company believes that the expectations reflected
in these forward-looking statements are reasonable, they do involve
assumptions, risks and uncertainties, and these expectations may prove to be
incorrect. Investors should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. The
Company's actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of factors,
including those discussed in the Company's periodic reports that are filed
with the Securities and Exchange Commission and available on its website
(http://www.sec.gov). All forward-looking statements attributable to the
Company or persons acting on its behalf are expressly qualified in their
entirety by these factors. Other than as required under the securities laws,
the Company does not assume a duty to update these forward-looking statements.

For further information, please contact:

China Information Technology, Inc.
Iris Yan
Tel: +86 755 8370 4767
Email: IR@chinacnit.com
http://www.chinacnit.com

SOURCE China Information Technology, Inc.

Website: http://www.chinacnit.com
 
Press spacebar to pause and continue. Press esc to stop.