BEIJING, April 23, 2012 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd., ("ChinaCache" or the "Company") (Nasdaq:CCIH), a leading total solutions provider of internet content and application delivery services in China, announced today that Dr. Ken Zhang, its CTO, presented at the China-U.S. Cloud Computing Forum in Beijing.
This forum brought together the world's market leaders in cloud computing to share their views on market opportunities for this nascent industry in China. Dr. Zhang described the ways ChinaCache is using its proprietary Content-Aware Network Service to provide a secure and intelligent content delivery system to the cloud while monitoring the status of the entire internet network in China. "Because of our dominant market position in China that creates a positive network effect, we will be able to extend the reach of China's cloud infrastructure, reducing its complexities and providing a better user experience," Dr. Zhang commented after the conference. "Moreover, our self-provisioning CDN service, Webluker, will enable small and medium enterprises that represent a huge untapped market opportunity to share in the benefits that our scale brings to this market."
Along with ChinaCache, which was the only content delivery network (CDN) provider invited to speak, Oracle, Microsoft,, China Unicom, China Telecom, and China Mobile also presented at this conference organized by the U.S. Department of Commerce and China's Ministry of Industry and Information Technology ("MIIT"). Other notable companies that spoke at the conference included Cisco, AMD, Huawei, ZTE, Tencent and Shanda.
China's cloud computing market is of strategic importance to both the Chinese and U.S. governments. In 2010, China's government designated cloud computing as one of the seven "Strategic Emerging Industries" for the 12th Five Year Plan (2011-2015). China's heavy investment into this sector also represents business opportunities for US firms. A couple notable U.S. representatives included Peter Perez, the Department of Commerce's Deputy Assistant Secretary for Manufacturing and Dawn Leaf, Senior Executive for Cloud Computing from the National Institute of Standards and Technology. Representatives from the Chinese government included those from the States' Communication Development Division, Planning Division, Science and Technology Division, and Software Division, including Chen Jiachun, Deputy Director from Department of Telecommunications Development, Ministry of Industry and Information Technology.
"We are very excited to be able to present at such a high-level event that was organized by the U.S. and Chinese governments and that included the world's market leaders in cloud computing," commented Mr. Song Wang, the founder, chairman and CEO of ChinaCache. "As a market leader and total solutions provider of internet content delivery services in China, we continually strive to be among the vanguard in order to better serve the market and maintain our competitive advantages."
About ChinaCache International Holdings Ltd.
ChinaCache International Holdings Ltd. (Nasdaq:CCIH) is a leading total solutions provider of internet content and application delivery services in China. As a carrier-neutral service provider, ChinaCache's network in China is interconnected with networks operated by all telecom carriers, major non-carriers and local Internet service providers. With more than a decade of experience in developing solutions tailored to China's complex internet infrastructure, ChinaCache is a partner of choice for businesses, government agencies and other enterprises to enhance the reliability and scalability of online services and applications and to improve end-user experience. For more information on ChinaCache, please visit www.chinacache.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. ChinaCache may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ChinaCache's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company's goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company's expectations regarding keeping and strengthening our relationships with its customers, and the general economic and business conditions in the regions where the Company provide its solutions and services. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and ChinaCache undertakes no duty to update such information, except as required under applicable law.