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SOURCE China Information Technology, Inc.
SHENZHEN, China, Feb. 3, 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 founded the CNIT Smart City Research Institute (the "Institute"), and established solid and long-term industry-university relations with several top universities in China including Peking University, Nanjing University, Huazhong University of Science and Technology and Wuhan University.
Dr. GONG Jianya, academician of the Chinese Academy of Sciences, acts as the Dean of the Institute, and Dr. LI Deren, a member of both the Chinese Academy of Sciences and the Chinese Academy of Engineering, holds the post of Chief Scientist of the Institute. The Institute is focused on the research and development of sophisticated technologies and applications in the fields of smart city, internet, cloud computing, big data and internet-of-things, and aims at integrating industry resources and providing the Company with a wide-reaching technological support for its market advancement the smart city and internet service initiatives.
Dr. GONG Jianya is a PhD supervisor of Wuhan University and Director of China's National Laboratory for Information Engineering in Surveying, Mapping and Remote Sensing ("LIESMARS"), a National Science Fund for Distinguished Young Scholars recipient, Changjiang Chair professor of China's Ministry of Education and Chief Scientist of China's National Basic Research Program.
Dr. Li Deren is a scientist in the field of photo-grammetry and remote sensing in China and is a member of the Chinese Academy of Sciences and the Chinese Academy of Engineering. He is also a member of the Euro-Asia International Academy of Science, Professor and PhD supervisor of Wuhan University, Vice-President of the Chinese Society of Geodesy, Photo-grammetry and Cartography. Dr. LI was also the Director of both the Academic Commission of Wuhan University and LIESMARS.
Mr. Jiang Huai Lin, Chairman and Chief Executive Officer of CNIT, commented, "We very pleased by the foundation of CNIT Smart City Research Institute and highly honored by Messrs LI and GONG's key involvements in the Institute. The Institute is expected to strengthen the Company's core technological platform and to invigorate future product innovations. With our business transitioning to "internet-based products and services" and expanding product offering and market development capabilities, we believe we will achieve important business breakthroughs and build solid fundamentals for our future sustainable growth."
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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