Powerbridge Technologies Launches Big Data Risk Monitoring Platform at Nanning Customs
July 24 2019 - 7:00AM
via NEWMEDIAWIRE -- Powerbridge Technologies Co., Ltd. (Nasdaq:
PBTS) (“Powerbridge” or the “Company”), a global trade software
applications and technology services provider, today announced the
launch of Powerbridge Big Data Risk Monitoring Platform at Nanning
Customs as an integral part of its Smart Customs Initiatives.
Nanning serves as a strategic Belt & Road gateway along China’s
southwestern border, facilitating cross-border trade across 26
ports and marketplaces along 497 miles with neighboring Southeast
Asian countries.
As an important component of the Company’s global
trade “smart” technology solutions and services, Powerbridge Big
Data Risk Monitoring Platform allows the customs agency to
effectively and efficiently monitor and manage, in real time, a
multitude of complex regulatory and operational risks relating to
cross-border customs declarations. The platform is supported by the
Company’s latest proprietary technologies and applications in big
data analytics, artificial intelligence and machine learning.
Ban Lor, CEO of Powerbridge Technologies, stated:
“We are pleased that our big data platform is now successfully
launched at Nanning Customs. The platform significantly enhances
the level of risk control and prevention, a challenge faced by many
customs agencies today, in real time. We are aggressively bringing
this product across China to help customs authorities effectively
manage their regulatory and operational risk control. We believe
our series of smart big data solutions will be a significant
contributor to our continued revenue growth.”
About Powerbridge
Powerbridge Technologies Co., Ltd. is a provider
of software applications and technology solutions and services to
corporate and government customers primarily located in China.
Founded in 1997, Powerbridge pioneered global trade software
applications with a vision to make global trade operations easier
for customers. Since inception, Powerbridge has continued to
innovate and deliver solutions and services to address the changing
needs of thousands of customers. Powerbridge’s mission is to make
global trade easier by empowering all players in the
ecosystem. For more information,
visit www.powerbridge.com/en
Safe Harbor Statement
This press release contains forward-looking
statements as defined by the Private Securities Litigation Reform
Act of 1995. Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performance, and underlying assumptions and other statements that
are other than statements of historical facts. When the Company
uses words such as “may, “will, “intend,” “should,” “believe,”
“expect,” “anticipate,” “project,” “estimate” or similar
expressions that do not relate solely to historical matters, it is
making forward-looking statements; specifically, the Company's
statements regarding listing on the NASDAQ Capital Market and the
IPO are forward-looking statements. Forward-looking statements are
not guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company’s expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company’s goals and strategies; the
Company’s future business development; product and service demand
and acceptance; changes in technology; economic conditions;
reputation and brand; the impact of competition and pricing;
government regulations; fluctuations in general economic and
business conditions in China and assumptions underlying or related
to any of the foregoing and other risks contained in reports filed
by the Company with the SEC. For these reasons, among others,
investors are cautioned not to place undue reliance upon any
forward-looking statements in this press release. Additional
factors are discussed in the Company’s filings with the SEC, which
are available for review at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward-looking statements to
reflect events or circumstances that arise after the date
hereof.
For more information, please contact:
For Powerbridge:
Powerbridge Technologies Co., Ltd.
Stewart Lor
Chief Financial Officer
Email: stewartlor@powerbridge.com
Investor Relations:
PCG Advisory, Inc.
Vivian Cervantes
Phone: 646-863-6274
Email: vivian@pcgadvisory.com
Powerbridge Technologies (NASDAQ:PBTS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Powerbridge Technologies (NASDAQ:PBTS)
Historical Stock Chart
From Sep 2023 to Sep 2024