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May 6, 2014
07:12 EDTCNITChina Information awarded contract totaling $3.0M
China Information Technology announced the Company won important contracts in its core WeMedia and Public InfoCloud businesses with a total value of approximately $3.0M, customers of which include Hunan Province Tobacco Company, Zhengzhou Dmall E-commerce and Guizhou Duogou E-commerce. Under each contract, the Company would provide a comprehensive commercial-use WeMedia platform comprising of CNIT's proprietary Public InfoCloud and smart cloud display P-TV/P-Box, which enables the online exchange of advertising products and new-media resources, and promotes commodity information's smart distribution and demonstration.
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September 29, 2014
07:05 EDTCNITChina Information installs new media terminals at Beijing South Railway Station
China Information Technology announced that it has installed 23 cloud-based new media terminals at China's largest high-speed railway station -- Beijing South Railway Station. The installation is done through a leasing agreement with a leading advertising agency in China. Under the agreement, the advertising agency will pay the Company recurring monthly fees that include terminal rental and platform management fees.
September 23, 2014
07:02 EDTCNITChina Information acquires Shenzhen Biznest from Yunchao for $15M
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