Taoping Alliance Welcomes 15 New Members
August 19 2020 - 8:30AM
Taoping Inc. (NASDAQ: TAOP, the “Company”), a leading provider of
internet-based smart display screens, and a new-media ecosystem
that enables targeted advertising and online retails, today
announced that 15 companies have joined the Taoping Alliance to
operate Taoping new media in 15 cities as its city partners. As of
now, Taoping Alliance has 211 domestic members operating in 211
cities across 26 provinces out of 34 provincial-level
administrative units in China as well as three overseas members
(Toronto, Asia, and Singapore).
The 15 new members are Yiliang Taoping and
Shilin Taoping in Yunnan Province, Renhuai Taoping, Tongren
Taoping, Longli Taoping, Sansui Taoping, Jianhe Taoping, Taijiang
Taoping, Huangping Taoping, Zhenyuan Taoping, Majiang Taoping and
Danzhai Taoping in Guizhou Province, Yueyang Taoping in Hunan
Province, Yingshan Taoping in Hubei Province, Wanzhou Taoping in
Chongqing Municipality. The 15 companies are purchasing smart
display screens from TAOP and are responsible for new media and
online retail operations at Yiliang County, Shilin Yi Autonomous
County, Renhuai City, Tongren City, Longli County, Sansui County,
Jianhe County, Taijiang County, Huangping County, Zhenyuan County,
Majiang County, Danzhai County, Yueyang City, Yingshan County,
Wanzhou District respectively.
The eco-system of Taoping Network of smart
display screens, Taoping Alliance of city partners, owners of smart
display screens, and advertisement agents are providing efficient
and targeted marketing capabilities for brands. Taoping Smart Cloud
Platform is enabling brands to publish advertisements at any
desired location at any desired time and duration, and monitor
advertisement effectiveness. As a supplement to Internet
advertising, Taoping provides API connections with third-party
platforms, to allow online advertisers to access Taoping Network of
smart display screens to improve their coverage.
“We are glad to welcome the 15 new city partners
as members of Taoping Alliance. It’s the latest achievement of
Taoping’s strategic plan to rapidly expand our operating network
and presence in the third, fourth, and fifth-tier cities where
consumption growth is robust due to consumption upgrade and a
growing middle class,” said Mr. Jianghuai Lin, Chairman and CEO of
TAOP. “By providing software and hardware support for alliance
members, we help them to cover residential areas, office buildings,
and commercial districts with Taoping smart screen to fit different
advertising needs. We will continue to expand Taoping ecosystem and
expect more city partners to join us.”
About Taoping Inc.
Taoping Inc. (formerly known as China
Information Technology, Inc.) (TAOP), is a leading provider of
smart display terminals and solutions for targeted advertising and
online retails. The Company provides the integrated end-to-end
digital advertising solutions enabling customers to distribute and
manage ads on cloud-based ad display screens. Connecting owners of
Taoping screens, advertisers and consumers, it builds up a resource
sharing "Smart IoT Screen Network- Taoping App - Taoping Go
(e-Store)" media ecosystem to ultimately achieve the mission "our
technology makes advertising and branding affordable and effective
for everyone." To learn more, please visit
http://www.taop.com/.
Safe Harbor Statement
This press release may contain certain
“forward-looking statements” relating to the business of Taoping
Inc. and its subsidiaries and other consolidated entities. All
statements, other than statements of historical fact included
herein, are “forward-looking statements” in nature within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements, often identified by the use of
forward-looking terminologies such as “believes”, “expects” or
similar expressions, involve known and unknown risks and
uncertainties. Although the Company believes that the expectations
reflected in these forward-looking statements are reasonable, they
do involve assumptions, risks and uncertainties, and these
expectations may prove to be incorrect. Investors should not place
undue reliance on these forward-looking statements, which speak
only as of the date of this press release. The Company’s actual
results could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors,
including those discussed in the Company’s periodic reports that
are filed with the Securities and Exchange Commission and available
on its website (http://www.sec.gov). All forward-looking statements
attributable to the Company and its subsidiaries and other
consolidated entities or persons acting on their behalf are
expressly qualified in their entirety by these factors. Other than
as required under the securities laws, the Company does not assume
a duty to update these forward-looking statements.
For further information, please contact:
Taoping Inc.Chang QiuEmail: chang_qiu@taoping.cn
or
Dragon Gate Investment Partners LLC Tel: +1(646)-801-2803
Email: TAOP@dgipl.com
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