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Jinan Yinquan Technology Co., Ltd., a wholly owned subsidiary of China VoIP & Digital Telecom Inc. (OTCBB:CVDT) today announced it has signed an exclusive distribution agreement with IBM (NYSE:IBM) China Distributor, Beijing Lanyu Chuangjie Technology Co., Ltd. (Lanyu). Lanyu is the exclusive distributor for IBM's Medium and Small Size Enterprise Management Service Package (IBM MSEMSP) in the People's Republic of China.
Under the terms of the agreement, Jinan, a leading provider of Voice over Internet Protocol services (VoIP), will be responsible for the distribution of (IBM MSEMSP) in Shandong Province. IBM MSEMSP is a client relations management software system designed for medium and small businesses.
"We plan on incorporating our VoIP system into the IBM MSEMSP," said Li Kunwu, President and CEO of China VoIP & Digital Telecom Inc. "We will then offer business customers an integrated service package with multiple applications. IBM MSEMSP clients will have an opportunity to take advantage of the convenience and cost effectiveness of our VoIP system."
Kunwu said that the agreement will not only provide Jinan Yinquan with a significant source of revenue through the sale of the software package but also access to a fertile database of business customers which can be introduced to Jinan Yinquan products and services.
Jinan Yinquan currently services three provinces and 19 cities with Shandong Province its primary base of operations. Short- and long-term plans call for the expansion throughout China.
The Company's proprietary NP Soft Switch IP telephone system enables users to access Voice over the Internet Protocol (VoIP) services allowing customers to use the system to make telephone calls to anyone in the world at a much lower cost than standard telephone rates.
$4.57 (01/16/07)
