China Information Technology, Inc. Founded the CNIT Smart City Research
SHENZHEN, China, Feb. 3, 2014
SHENZHEN, China, Feb. 3, 2014 /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 founded the CNIT Smart
City Research Institute (the "Institute"), and established solid and long-term
industry-university relations with several top universities in China including
Peking University, Nanjing University, Huazhong University of Science and
Technology and Wuhan University.
Dr. GONG Jianya, academician of the Chinese Academy of Sciences, acts as the
Dean of the Institute, and Dr. LI Deren, a member of both the Chinese Academy
of Sciences and the Chinese Academy of Engineering, holds the post of Chief
Scientist of the Institute. The Institute is focused on the research and
development of sophisticated technologies and applications in the fields of
smart city, internet, cloud computing, big data and internet-of-things, and
aims at integrating industry resources and providing the Company with a
wide-reaching technological support for its market advancement the smart city
and internet service initiatives.
Dr. GONG Jianya is a PhD supervisor of Wuhan University and Director of
China's National Laboratory for Information Engineering in Surveying, Mapping
and Remote Sensing ("LIESMARS"), a National Science Fund for Distinguished
Young Scholars recipient, Changjiang Chair professor of China's Ministry of
Education and Chief Scientist of China's National Basic Research Program.
Dr. Li Deren is a scientist in the field of photo-grammetry and remote sensing
in China and is a member of the Chinese Academy of Sciences and the Chinese
Academy of Engineering. He is also a member of the Euro-Asia International
Academy of Science, Professor and PhD supervisor of Wuhan University,
Vice-President of the Chinese Society of Geodesy, Photo-grammetry and
Cartography. Dr. LI was also the Director of both the Academic Commission of
Wuhan University and LIESMARS.
Mr. Jiang Huai Lin, Chairman and Chief Executive Officer of CNIT, commented,
"We very pleased by the foundation of CNIT Smart City Research Institute and
highly honored by Messrs LI and GONG's key involvements in the Institute. The
Institute is expected to strengthen the Company's core technological platform
and to invigorate future product innovations. With our business transitioning
to "internet-based products and services" and expanding product offering and
market development capabilities, we believe we will achieve important business
breakthroughs and build solid fundamentals for our future sustainable 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 includes certain statements that are not descriptions of
historical facts, but are forward-looking statements in nature within the
meaning of the Private Securities Litigation Reform Act of 1995. 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.
Tel: +86 755 8370 4767
SOURCE China Information Technology, Inc.
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