China Information Security Technology Wins Software Award
January 20 2010 - 7:00AM
PR Newswire (US)
SHENZHEN, China, Jan. 20 /PRNewswire-Asia-FirstCall/ -- China
Information Security Technology, Inc., (NASDAQ:CPBY) ("CIST" or the
"Company"), a leading total solutions provider of digital security,
geographic information, and hospital information systems in China,
today announced that its proprietary GIS software, GeoGlobe 3.0
("GeoGlobe") has been selected as a "Recommended Software of 2009"
by the China Software Industry Association ("CSIA"). GeoGlobe 3.0
is a new generation of GIS platform software. Among many of its
advantages, the most outstanding one is its ability to allow
alternative operating platforms to interoperate. This break-through
can enable cross-platform integration of user functions and realize
broad commercialization of GIS applications. Another key
break-through is that GeoGlobe 3.0 enables end users to access
server-end data updates on a real-time basis. The Recommended
Software award aims to select excellent software products
nationwide and cultivate well-known domestic software brands in
China. Winning products will receive priority treatment in being
procured by the government for large-scale purchases, information
engineering projects and as candidates for software exports. The
CSIA is a nationwide organization overseen by the PRC's Ministry of
Industry and Information, with the goal of promoting the
development of China's software industry and providing a hub for
such products in overseas markets. Mr. Jiang Huai Lin, Chairman and
CEO of CIST, commented, "We are honored to receive the Recommended
Software award from the China Software Industry Association. We
believe this award is a recognition of the innovative and advanced
features of our GeoGlobe software, which is a highly scalable and
compatible software featuring multi-sourced, multi-structured
spatial information sharing and inter-operation capabilities. It is
also a validation of our persistent efforts to technologically
innovate the domestic GIS industry. GeoGlobe has been proven
successful in various fields such as electricity generation,
emergency response, public transportation, and land resource and
city planning. We expect that, in light of the Chinese government's
current support of the domestic GIS product market, and its aim to
construct a national public service GIS platform, we will be able
to leverage this award to capture more market opportunities as they
arise." About China Information Security Technology, Inc. Through
its wholly-owned Chinese subsidiary, China Information Security
Technology, Inc. ("CIST" or the "Company") headquartered in
Shenzhen, China ("PRC"), is a leading application software
developer, systems integrator and full-service Geographic
Information Systems ("GIS") solutions provider to the public
security and civil-use markets in China, dedicated to the use of
information technology to improve public safety and information
management. Its main business lines range from digital information
security, to GIS, and digital hospital information systems. The
Company provides a broad portfolio of fully integrated solutions
and services, including its First Responder Coordination Platform,
Intelligent Border Control System, Residence Card Information
Management System, Police- and Civil-use GIS products, and Digital
Hospital Information System, to serve the growing demand for
digital geographic information, hospital and electronic medical
record systems in China. Its commitment to leading-edge technology
and quality assurance has won the Company numerous government and
enterprise contracts throughout China. To learn more about the
Company, please visit its corporate website at
http://www.chinacpby.com/ . Safe Harbor Statement This press
release may contain certain "forward-looking statements" relating
to the business of China Information Security Technology, Inc., and
its subsidiary companies. All statements, other than statements of
historical fact included herein are "forward-looking statements"
including the statements regarding: the significance of the
"Recommended Software" award granted to the Company, the
expectation that the Chinese government will continue to support
the domestic GIS product market, or construct the national public
service GIS platform; the general ability of the Company to achieve
its commercial objectives; the business strategy, plans and
objectives of the Company and its subsidiaries; and any other
statements of non-historical information. These forward-looking
statements are 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 more
information, please contact: Company Contact: Iris Yan China
Information Security Technology, Inc. Tel: +86-755-8370-4767 Email:
Web: http://www.chinacpby.com/ DATASOURCE: China Information
Security Technology, Inc. CONTACT: Iris Yan, China Information
Security Technology, Inc., +86-755-8370-4767, Web site:
http://www.chinacpby.com/
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