TAOP Launches Taoping G Cloud Hong Kong Data Center
May 05 2021 - 8:00AM
Taoping Inc. (NASDAQ: TAOP, the “Company”), a provider of
Internet-based smart display screens, and a new-media ecosystem
that enables targeted advertising and online retail, today
announced the launch of a “Taoping G Cloud Hong Kong Data Center”
in Hong Kong. The Company plans to deploy a total of 1,000
general-purpose servers suitable for Ethereum and cloud desktops in
the data center, with a total hashrate of 480,000 MH/s. The first
batch of 300 general-purpose servers will be deployed and in
operation before the end of this month.
Taoping G Cloud Hong Kong Data Center is located
in Kwai Chung, New Territories, Hong Kong, a key hub for
international connectivity. The data center has quality
construction and access to robust and reliable power supply, and
has excellent broad band connection with mainland China. The
location advantage is further enhanced by the status of Hong Kong
as a leading global financial hub with vivid and diverse cultures.
Taoping G Cloud Hong Kong Data Center will serve Chinese and global
customers with cloud desktops and service migration.
“The launch of Taoping G Cloud Data Center in
Hong Kong marks a significant step in the global deployment of
Taoping’s GPU cloud computing power,” said Mr. Jianghuai Lin, the
Chairman and CEO of TAOP. “It is a first step that brings Taoping G
cloud to Hong Kong and overseas customers. The successful operation
of our Hong Kong Data Center will propel us to become a global
provider of cloud services.”
About Taoping
Inc.
Taoping 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.cnhttp://www.taop.com/or
Dragon Gate Investment Partners LLCTel:
+1(646)-801-2803Email: taop@dgipl.com
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