Innotrek Technology Co. (RMDM) Launches the Qingxu Project
(RMDM Contract Valued at $1.8 million USD)
BEIJING, Feb. 9 /PRNewswire-FirstCall/ - RMD Entertainment Group's (http://rmdmgroup.com/) China based subsidiary Innotrek Technology Co., Ltd.'s (http://www.innotrek.com/) and the Qingxu County government in China launched the Intelligent Traffic Monitoring System installation project.
Innotrek Technology led by the RMDM CEO Mr. Wynn Wang met with the Taiyuan County Public Security Bureau representatives and officially launched the Traffic Monitoring System installation across the city. Innotrek technology and Qingxu government agreed to install 17 Yingnuo HD Checkpoint pursuit hit-and-run system projects and 5 Yingnuo red-light-violation capture system projects. The government budget for the project is 12.1 million RMB ($1.8 USD). The company expects to commence the installation shortly.
Mr. Wynn Wang, RMDM CEO, said, "We've easily sailed through the initial stages of this project negotiations, mostly due to our leasing model which had proved itself highly effective with the government. The government road monitors get state-of-the-art technology that allows gathering revenues while not spending any money on the initial installation. Getting rid of the 'initial cost' discussion speeds up all our negotiations exponentially, and we look forward to fast growth of our highway monitoring market share across China."
RMD Entertainment Group focuses on the Leisure Industry. With a wide-span North American distribution network, RMD Entertainment Group operates Innotrek Technology Inc. (www.innotrek.com) in China and United Liquor Alliance (www.united-liquor.com) in Florida USA.
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SOURCE RMD Entertainment Group
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