ChinaNet Online Holdings Sponsored the Global Media Blockchain Summit in Vietnam
September 17 2018 - 7:30AM
ChinaNet-Online Holdings, Inc. (Nasdaq: CNET) ("ChinaNet" or the
"Company"), an integrated online advertising, precision marketing,
data analysis and management platform company, recently sponsored
and exhibited at the Global Media Blockchain Summit in Nha Trang,
Vietnam.
The Global Media Blockchain Summit is a series
of blockchain technology conferences to promote collaboration among
various blockchain communities around the world. The conference
held in Nha Trang, Vietnam on September 12, 2018 drew attendance of
more than 900 entrepreneurs and investors from a variety of
industries including Finance, Internet of Things, Cyber Security,
Artificial Intelligence, and Advertisement. Keynote speakers
including leading researchers in the blockchain field shared their
expertise and perspective on the future of the blockchain industry.
ChinaNet sponsored and exhibited at this event as part of the
Company’s ongoing contributions to the blockchain industry as a
whole.
Mr. George Chu, Chief Operating Officer of CNET,
stated, “As the blockchain industry thrives both domestically and
globally, it is crucial for blockchain professionals from all over
the world to connect and share insights. The Global Media
Blockchain Summit in Vietnam allows us to present our idea of
developing a transparent business opportunity ecosystem and to
showcase our first blockchain-powered product, BO!News (商机头条), to
potential users and business partners.”
Mr. Chu added, ”We have made significant
progress over the past months on the development of BO!News.
Following multiple version updates, the application has now
attracted more than 300,000 user downloads. Going forward we are
confident that BO!News will garner wider user acceptance and
adoption in global markets. The summit in Vietnam signifies a new
chapter in our blockchain development and paves way for the
international expansion of our blockchain-powered products. We
believe that a more diversified group of participants will assist
with our blockchain initiatives’ monetization and help us generate
more shareholder value.”
About ChinaNet Online Holdings,
Inc.ChinaNet Online Holdings, Inc., a parent company of
ChinaNet Online Media Group Ltd., incorporated in the BVI
(ChinaNet), is an integrated online advertising, precision
marketing and data-analysis and management services platform.
ChinaNet provides prescriptive analysis for its clients to improve
business outcomes and to create more efficient enterprises. The
Company leverages an optimization framework, provided by its
comprehensive data-analysis infrastructure, to blend data,
mathematical, and computational sciences into an outcome management
platform for which it monetizes on a per client basis. ChinaNet
uniquely optimizes and prescribes its clients decision making
processes based on its proprietary ecosystem. For more information,
visit www.chinanet-online.com.
Safe Harbor StatementThis
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.
Investor Relations ContactICR,
Inc.Jack WangTel: +1-646-308-1635Email: CNET@icrinc.com
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