Jinan Yinquan will install a full suite of virtualization infrastructure for Shandong Pengxiang including a datacenter, post-virtualization management and virtualized desktops. Installment will take approximately 20 days after which Shandong Pengxiang will enjoy such benefits as lower operating costs including a reduced number of servers, enhanced datacenter security, higher energy savings and an environmentally friendly solution with reduced carbon emissions. This agreement marks the second within the automotive industry for China Intelligence after successfully working with the Geely Group since February of 2010.
Mr. Kunwu Li, President and Chief Executive Officer of China Intelligence, stated, "Our goal as a virtualization and cloud computing technology provider is to offer corporations a more cost effective and efficient solution to manage their business. Our ability to continue to reach agreements with well known and respected corporations in China, such as Shandong Pengxiang, clearly shows our ability to implement our integrated virtualization solutions for various industries. Worldwide the virtualization and cloud computing industry has experienced strong growth and we strongly believe that through our expertise and strategic partnerships in place with well-known virtualization and cloud computing vendors in the world, we are well positioned to reap the benefits of that growth and ultimately increase value for our shareholders."
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