ChinaNet Online's Intelligent Marketing Data Services System CloudX Receives Copyright Approval from the National Copyright A...
July 28 2016 - 7:30AM
ChinaNet Online Holdings, Inc. (Nasdaq:CNET) ("ChinaNet" or the
"Company"), today announced that the Company's Intelligent
Marketing Data Services System CloudX has received copyright
approval from the National Copyright Administration of China
(NCAC), establishing the intellectual property rights for the
system in China.
The new system is based on ChinaNet CloudX technology
architecture. The system integrates with the Company’s internal
database and runs programmatic analysis to achieve precision
targeting. In addition, the system captures, monitors and analyzes
effectiveness metrics in real-time to optimize marketing on an
ongoing basis. During trial use, the system has proven to
significantly improve targeting precision and operating
margin.
The CloudX system collects and analyzes product sale numbers
from stores and is analyzed by ChinaNet for suggested adjustments
to product stock and inventory to improve customer sales. By
utilizing CloudX in stores, ChinaNet can provide owners with sales
analysis reports, including each single item's sales amount and
period of time. In addition, by utilizing the combination of
We-chat, customized mobile applications, on-line shopping platform
and other mobile terminal channels, CloudX can help store owners
effectively manage subordinate stores and simultaneously provide
accurate marketing strategies to meet the demands of individual
customers.
Mr. Handong Cheng, Chairman and CEO of ChinaNet commented,
“Following the official launch of our Intelligent Marketing Data
Services System CloudX, we will continue to optimize the service
and its ecosystem to better serve the marketing needs of our SME
clients. The precision targeting of our new data service system
helps clients manage costs and is expected to drive revenue growth
for the Company. With the added protection in place from the NCAC,
we believe the system will be strong addition to our services.”
About ChinaNet Online Holdings, Inc.
The Company, a parent company of ChinaNet Online Media Group
Ltd., incorporated in the BVI ("ChinaNet"), is a leading digital
B2B (business to business) Internet technology company focusing on
providing O2O 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.
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
Direct: +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us
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