ChinaNet Online Holdings Adds New Clients After 2012 Shanghai International Franchise Exhibition
October 17 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 and medium-sized enterprises ("SMEs")
and entrepreneurial management and networking services for
entrepreneurs in the People's Republic of China, today announced
that its subsidiary - Liansuo.com (www.liansuo.com) - attended the
2012 Shanghai International Franchise Exhibition (the "Exhibition")
at the Shanghai International Exhibition Center that took place in
mid-September. Since the Exhibition, Liansuo.com has signed
approximately 56 new clients, on a trial basis.
Mr. George Chu, COO of ChinaNet began, "This year's Shanghai
International Franchise Exhibition was one of the most productive
trade shows to date. We met dozens of new prospective clients and
discussed ways our comprehensive set of services can help them grow
their businesses. While it's still early, we believe that we will
achieve our goal of increasing our conversion rate by over 30% for
Liansuo.com."
More than 200 businesses and over 30,000 attendees participated
in the Exhibition, which took place over three days. In addition to
providing the live webcast, Liansuo.com also introduced its full
line of products and services to the attendees of the
Exhibition.
More information about the Exhibition can be found at the
following link:
http://www.chinafranchiseexpo.com/ccfa/cn/default.asp?leftmenu=0
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 and medium-sized enterprises (SMEs) and entrepreneurial
management and networking 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 SMEs via its portal websites, 28.com,
Liansuo.com and Chuangye.com, 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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