ChinaNet Online Holdings Participates in International Youth Innovation Games
October 02 2012 - 7:30AM
ChinaNet Online Holdings, Inc. (Nasdaq:CNET) (the "Company"), a
leading B2B (business to business) Internet technology company
focusing on providing online-to-offline ("O2O") sales channel
expansion services for small businesses (so-called small and
medium-sized enterprises ("SMEs") in China) and entrepreneurial
management and LINK services for entrepreneurs in the People's
Republic of China, today announced that the Company participated as
a sponsor and promoter of the 2012 International Youth Innovation
Games ("the Games").
Organized by Peking University and supported by China's Ministry
of Education, the International Youth Innovation Games is one of
the largest innovation competitions in the world. The Games is
divided into four categories – innovative design, creative
marketing, innovation management, and business practices – and
designed to promote creativity and innovation among students and
entrepreneurs. The event, held in Innovation Stadium attracted over
20,000 teams and 100,000 participants through a combination of
in-person and online submissions.
"We are proud to be a sponsor and promoter of the International
Youth Innovation Games," Mr. George Chu, COO of ChinaNet stated.
The mission of the Games – to discover talented, innovative
individuals and ideas – is a perfect match for ChinaNet. We
promoted the Games through our platforms, including a mobile app
designed specifically for this year's competition. Participants and
businesses also learned more about our tools and technology through
our sponsorship activities. By exposing our products to thousands
of innovative individuals and organizations, we will build a large
pipeline of potential new customers."
About ChinaNet Online Holdings, Inc.
The Company, a parent company of ChinaNet Online Media Group
Ltd., incorporated in the BVI ("ChinaNet"), is a leading B2B
(business to business) Internet technology company focusing on
providing O2O (online to offline) sales channel expansion service
for small businesses (or so-called small and medium-sized
enterprises (SMEs) in China) and entrepreneurial management and
LINK service for entrepreneurs in China. The Company, through
certain contractual arrangements with operating companies in the
PRC, provides Internet advertising and other services for Chinese
small businesses via its portal websites, 28.com, Liansuo.com and
Chuangye.com (for entrepreneurs' Linking services), TV commercials
and program production via China-Net TV, and in-house LCD
advertising on banking kiosks targeting Chinese banking patrons.
Website: http://www.chinanet-online.com.
Safe Harbor
This release contains certain "forward-looking statements"
relating to the business of ChinaNet Online Holdings, Inc., which
can be identified by the use of forward-looking terminology such as
"believes," "expects," "anticipates," "estimates" or similar
expressions. Such forward-looking statements involve known and
unknown risks and uncertainties, including business uncertainties
relating to government regulation of our industry, market demand,
reliance on key personnel, future capital requirements, competition
in general and other factors that may cause actual results to be
materially different from those described herein as anticipated,
believed, estimated or expected. Certain of these risks and
uncertainties are or will be described in greater detail in our
filings with the Securities and Exchange Commission. These
forward-looking statements are based on ChinaNet's current
expectations and beliefs concerning future developments and their
potential effects on the company. There can be no assurance that
future developments affecting ChinaNet will be those anticipated by
ChinaNet. These forward-looking statements involve a number of
risks, uncertainties (some of which are beyond the control of the
Company) or other assumptions that may cause actual results or
performance to be materially different from those expressed or
implied by such forward-looking statements. ChinaNet undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as may be required under applicable securities
laws.
CONTACT: MZ North America
Ted Haberfield, President
Tel: +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us
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