Innotrek's (RMDM) Finalizes Traffic Checkpoint Contract Qianjiang City, China
BEIJING, March 15 /PRNewswire-FirstCall/ - RMD Entertainment Group's (http://rmdmgroup.com/) China based subsidiary Innotrek Co. (http://www.innotrek.com/) closed new contract for its traffic monitoring system.
Beijing Innotrek Technology Co. finalized its contract with the Qianjiang City, Hubei Province. The contract expands the current traffic-monitoring network operated by Innotrek (over 10 systems) to the west and south gates of the city.
Innotrek has been operating the government monitoring system in the city for 3 years, and the system proved itself vital to the Traffic Police Department, helping to solve traffic violations, as Innotrek's technology doesn't only record the cars' license plates, but also helps to identify the suspects.
The system proved itself so successful that the Traffic Police Department signed a direct contract with Innotrek on continuous cooperation with the city for future projects in traffic monitoring, rather than undergoing projects' bidding procedures with each new project.
The company reminds its followers that the company's system passed the Ministry of Public Security testing and meets national requirements, which helps the company to promote the system across China. As previously announced, the company also established a branch in Taiyuan, Shanxi Province to improve the company's traffic products' marketing.
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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Information in this news release may contain statements about future expectations, plans, prospects or performance of RMD Entertainment Group that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RMD Entertainment Group cautions you that any forward-looking information provided by or on behalf of RMD Entertainment Group is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RMD Entertainment Group's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RMD Entertainment Group's control. In addition to those discussed in RMD Entertainment Group's press releases, public filings, and statements by RMD Entertainment Group's management, including, but not limited to, RMD Entertainment Group's estimate of the sufficiency of its existing capital resources, RMD Entertainment Group's ability to raise additional capital to fund future operations, RMD Entertainment Group's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RMD Entertainment Group's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RMD Entertainment Group does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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SOURCE RMD Entertainment Group
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