JINAN, China , Nov. 28, 2011-- China Intelligence Information Systems, Inc. today announced that the Company has signed three contracts with a total value approximately at $1.5 million with three subsidiaries of China Southern Power Grid Company Limited ("China Southern Power").
China Southern Power, a 2011 Fortune Global 500 company, is the second largest electricity provider in China with six wholly-owned subsidiaries and over 300,000 employees. China Southern Power provides electricity to approximately 230 million people in China , which accounts for 17.8% of all the energy consumers in China . China Intelligence has designed a comprehensive and integrated datacenter virtualization, disaster tolerance and backup solution for the China Southern Power, which could satisfy their current and future demands. After installation China Southern Power will increase the utilization and flexibility of its hardware, lower operating and maintenance costs as compared to its existing IT infrastructure.
Mr. Kunwu Li, President and CEO of China Intelligence, stated, "China Southern Power is a well respected and established corporation in China . We have successfully worked with the China Southern Power previously and are pleased that we have continued our working relationship together. The revenue of $1.5 million is expected to increase to approximately $3 million in 2012. We look forward to continuing our successful relationship together and further enhance our existing reputation in providing virtualization and cloud computing related services and solutions and the position as the preferred provider in China Southern Power Grid system."