
China Intelligence Information Systems
JINAN, China, March 28, 2011 /PRNewswire-Asia-FirstCall/ -- China Intelligence Information Systems, Inc., a leading virtualization and cloud computing solutions provider in China, today announced its financial results for the year ended December 31, 2010.
"We are very pleased to report solid results for 2010," said Mr. Kunwu Li, President and CEO of the Company. "We have seen a significant uptrend in our virtualization business for 2010, the year we consummated our business transition."
"2010 was an exciting year for the Company due to our many breakthroughs in China's virtualization industry. We have overcome very difficult times largely due to the Chinese government-s decision in 2009 to block VoIP (Voice over Internet Protocol) communication services, our prior business focus. Now our virtualization business has become the backbone of our company, upon which we will continue to base our growth strategy. We see tremendous industry potential for developing more users given our continuous market penetration efforts and system integrator programs. We have as well expanded our business to provide cloud computing services in 2010, which will be a new development trend for the virtualization industry and as well a reflection of most clients' demands and choices," Mr. Li added.
China Intelligence Information Systems, Inc. offers virtualization research application and cloud computing products in the People's Republic of China through its wholly owned subsidiary Jinan Yinquan Research Co., Ltd and Beijing PowerUnique Technologies, Co., Ltd. Through the two subsidiaries, CIIS is then positioned to take full advantage of the tremendous economic growth being experienced in China. The Company is currently marketing its integrated virtualization solutions and services in China and at this time is in the testing stages of other Information Innovation products. More information can be found www.ciisi.com.
Virtualization is a proven software technology in other words rapidly transforming the IT landscape and fundamentally changing the way people compute.
Innovation that can benefit anyone who uses a computer
Virtualization is a innovation that can benefit anyone who uses a computer, from IT professionals and Mac enthusiasts to commercial businesses and government organizations. Millions of people around the world use virtualization to save time, money and energy during achieving more with the computer hardware they already own.
Cloud computing is a general term for anything that involves delivering hosted services over the Internet. These services are broadly divided into three categories: Infrastructure-as-a-Service, Platform-as-a-Service and Software-as-a-Service. The name cloud computing was inspired by the cloud symbol that's often used to represent the Internet in flowcharts and diagrams.
A cloud service has three distinct characteristics that differentiate it from traditional hosting. It is sold on demand, typically by the minute or the hour; it is elastic -- a user can have as much or as little of a service as they want at any given time; and the service is fully managed by the provider. Significant innovations in virtualization and distributed computing, as then as improved access to high-speed Internet and a weak economy, have accelerated interest in cloud computing.
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