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SOURCE China Information Technology, Inc.
SHENZHEN, China, Feb. 18, 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 successfully produced an Internet-of-Things ("IOT") based production-line monitoring and management application (the "Application"), which was firstly deployed in Shenzhen, China.
By integrating technologies of Radio Frequency Identification ("RFID"), infrared sensor, video surveillance, remote information distribution and the Company proprietary cloud-based solution, the Application significantly enhances visibility for the factory management. IOT and Internet applications can relay the production line data to the enterprise-based systems and thus the decision makers more quickly, improving the entire product quality assurance process. Internal work collaborations are also enhanced by having updated workflow charts, inspection procedures and training courses delivered to the proper worker groups via digital displays in real time. The Application also allows the government and regulatory authorities' remote access to any interested information of the production process. It also has the capability to give the consumers an easy and effective mean to trace the production process of products through the data provided by the Application and displayed at designated retail terminals, thus greatly improves consumer rights and customer satisfaction.
In addition to improving the client's production line visibility, in the future CNIT aims to help clients with marketing and online purchase payments via e-applications involving two-dimensional bar-codes including QR codes, which can be integrated into popular mobile e-commerce capable platforms including Tencent's WeChat social mobile application. CNIT aims to drive value for its clients from their factory floor to retail stores and to their bank accounts in a continuous process.
Mr. Jiang Huai Lin, Chairman and Chief Executive Officer of CNIT, commented, "We feel excited by our roll-out of the China's first IOT-based production line monitoring and management application, which demonstrates our pioneering position in China's IOT and smart city fields. Internet-of-Things, considered as the Fourth Industrial Revolution, plays a critical role in the realization of "Smart Manufacturing", which is receiving great awareness in China and expected to create tremendous market opportunities in the near future. We expect this Application's successful deployment in Shenzhen would serve as a pilot for a wider roll-out through the country. We will continue to strengthen our product offerings, explore new markets, and achieve more important business breakthroughs in the future."
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.
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