China VoIP & Digital Telecom Subsidiary Jinan Yinquan Technology Wins Virtualization Contract of Weihai Wendeng Central Hospital

JINAN, China, March 4 /PRNewswire-Asia-FirstCall/ -- Jinan Yinquan Technology Co., Ltd. ("Yinquan"), one of the wholly-owned subsidiaries of China VoIP & Digital Telecom (OTC Bulletin Board: CVDT), today announced that it has won the virtualization contract of Wendeng Central Hospital (the "Hospital") in Weihai City, Shandong Province. This is the first contract CVDT has signed to provide its integrated virtualization solutions to the healthcare industry.

The Hospital accepted Yinquan's sophisticated integrated virtualization solution to improve their servers' utilization rates and enhance datacenter security. Yinquan's virtualization solutions will also reduce purchasing and administrative expenses, and will provide the Hospital with higher energy savings, lower overall emissions and a more environmentally-friendly computing solution.

Yinquan was also awarded a post-implementation services support contract, which should provide an ongoing, stable revenue stream.

Mr. Kunwu Li, President and CEO of China VoIP & Digital Telecom, was very pleased with the new contract. He said, "It's another example of our continued success in the virtualization industry. The contract clearly shows our ability to implement our integrated virtualization solutions for the healthcare industry. We are confident in our continuing success in this industry in the near future."

About China VoIP & Digital Telecom Inc.

China VoIP & Digital Telecom Inc. offers virtualization technology application in the People's Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co., Ltd and Beijing PowerUnique Technologies, Co., Ltd. Through the two subsidiaries, China VoIP & Digital Telecom is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its integral virtualization solutions and services in China and at this time is in the testing stages of other Information Technology products. More information can be found at http://www.chinavoip-telecom.com .

About Virtualization Technology

Virtualization is a proven software technology that is rapidly transforming the IT landscape and fundamentally changing the way people compute.

Today's powerful x86 computer hardware was originally designed to run only a single operating system and a single application, but virtualization breaks that boundary, making it possible to run multiple operating systems and multiple applications on the same computer at the same time, increasing the utilization and flexibility of hardware.

Virtualization is a technology that can benefit anyone who uses a computer, from IT professionals and Mac enthusiasts to commercial businesses and government organizations. Join the millions of people around the world who use virtualization to save time, money and energy while achieving more with the computer hardware they already own.

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.

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    CVDT Investor Contacts:
     Michelle Wong
     Tel:   +86-531-5558-5742
     Email: [email protected]

    Great Wall Research LLC
     Sheena Shen
     Tel:   +1-203-252-7266
     Email: [email protected]

SOURCE China VoIP & Digital Telecom Inc.