ChinaNet Online Holdings Launches New Mobile Apps
December 10 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, Flying Cloud, will launch two new mobile
applications, or "apps," for sales and management services
(www.feitengyun.com) in December 2012. In addition, Flying Cloud
will update its new products website in the first quarter of 2013.
"We are excited to formally launch the first mobile apps under
Flying Cloud," explained George Chu, Chief Operating Officer of
ChinaNet. "After conducting three months of testing with 26 clients
in the retail industry, these products have performed extremely
well. Small and medium sized businesses can easily implement these
apps to reduce costs and improve productivity."
Developed through an internal collaboration between ChinaNet and
its technical teams from Taiwan and the U.S., Flying Cloud is a
cloud-based business platform designed specifically for small and
medium sized businesses (SMBs). Through four cloud-based
sub-platforms, sales cloud, supply cloud, management cloud and
service cloud, Flying Cloud allows businesses to customize services
to the needs of SMBs across a variety of industries. These
mobile apps represent a new strategy to introduce new products that
are easier and more convenient for users to adopt. ChinaNet will
initially introduce basic functions in these mobile apps before
integrating them into larger and more complex systems.
Additionally, these mobile apps are consolidated into four major
service platforms that users can view through one single management
system and interface. The mobile apps include functions such as a
retail sales assistance with product QR code recognition and
verification systems for the sales cloud, an inventory assistant
with the same QR code recognition and verification systems for the
supply cloud, and an internal expense reimbursement assistant for
the management cloud. Users can view the individual and
consolidated reports anytime, anywhere through any mobile
device.
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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