ZW Data Action Technologies Selected as Key Agent for 360 Security Technology Inc.
January 14 2021 - 7:30AM
ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the
"Company"), an integrated online advertising, precision marketing,
data analytics, and other value-added services company, today
announced that it was selected as a key agent for merchant
advertising in 2021 by 360 Security Technology Inc., the largest
Chinese internet security company (Shanghai: 601360) (“360
Company”).
ZW Data has been maintaining a long-term
cooperative relationship with 360 Company in various fields. This
key agent arrangement intends to extend their relationship to
in-depth and close cooperation for precision merchant advertising
on digitized platform. It is also expected to provide more secured
data-driven and digital monitoring solutions to the merchant
clients. The parties expect that the cooperation will create a
potential affiliate income of $5 million for 2021.
About ZW Data Action Technologies
Inc.
Established in 2003 and headquartered in
Beijing, China, ZW Data Action Technologies Inc. (the “Company”)
offers online advertising, precision marketing, data analytics and
other value-added services for enterprise clients. Leveraging its
fully integrated services platform, proprietary database, and
cutting-edge algorithms, ZW Data Action Technologies delivers
customized, result-driven business solutions for small and
medium-sized enterprise clients in China. The Company also develops
blockchain and artificial intelligence enabled web/mobile
applications and software solutions for general public, enterprise
clients, and government agencies. More information about the
Company can be found at: http://www.zdat.com/.
About 360 Security Technology
Inc.
360 Security Technology Inc. is the largest
provider of Internet and mobile security products in China. Founded
in 2005, 360 Company is the pioneer of free Internet security. It
launched 360 Total Security, 360 Mobile Security, 360 Security
browsers and other national security products, as well as 360
enterprise security browsers for government and enterprise users.
With the vigorous development of artificial intelligence and
Internet of Everything, the "Great Security Age" has arrived. In
order to solve the multi-dimensional security needs of users, 360
Company has created a series of intelligent hardware products
including mobile phones, children's watches, smart cameras, driving
recorders and home firewalls through product and technology
innovation, and is committed to solving network security issues
such as security, travel safety, and home security for users
through intelligent products. For more information, please visit:
http://www.360totalsecurity.com/.
Safe Harbor Statement
This release contains certain "forward-looking
statements" relating to the business of ZW Data Action
Technologies 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 ZW Data Action
Technologies current expectations and beliefs concerning
future developments and their potential effects on the Company.
There can be no assurance that future developments
affecting ZW Data Action Technologies will be those
anticipated by ZW Data Action Technologies. 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. ZW Data Action
Technologies 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.
For more information, please
contact:
Sherry
Zheng Weitian Group
LLCEmail: shunyu.zheng@weitian-ir.comPhone: +1 718-213-7386
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