TAOP Releases New Server Products to Enhance the Growth of Digital Business
May 28 2021 - 8:00AM
Taoping Inc. (NASDAQ: TAOP, the “Company” or “Taoping”), a provider
of Internet-based smart display screens, and a new-media ecosystem
that enables targeted advertising and online retail, today
announced the release for sale of two new high-performance digital
server models, GY3070Pro and GY2060S. Operating with Taoping’s
award-winning smart cloud management platform, the new server
products can be applied to cloud computing, big data, and other
cloud services to facilitate the digital transformation and
upgrading of enterprises.
Both GY3070Pro and GY2060S server products have
a stylish appearance and ultra-high performance. The server chassis
adopts a high-end industrial design with low noise and fast heat
dissipation. The two server models are equipped with RX3070 8G
graphics card and RTX2060 Super 8G graphics card with reference
hash rate of 480 MH/s and 320 MH/s, respectively. Both server
models support internal and external storage expansion options, and
are equipped with multi-functional applications such as CPU,
Taoping’s smart cloud management software, cooling fan, network
port, and power supply. Both server models have features of low
power consumption, low cost and high performance. Specifically,
Taoping’s smart cloud management platform is incorporated to allow
for real-time server management and customized and diversified
cloud computing service solutions like cloud desktop, cloud
rendering, cloud games, AI services, and Blockchain applications.
The manufacturing of the server products was outsourced to a
third-party manufacturer.
The Company believes that the new server
products are helping TAOP effectively reduce the total cost of
Taoping G Cloud Data Centers, while meeting the current
increasingly complex and diverse cloud services and AI computing
needs. TAOP now offers the new server products for sale to
customers to allow customers’ deployment in addition to purchasing
computer power and cloud services from TAOP. Based on the current
trend of customer demands, it is expected that total external sales
of TAOP's digital server business group will reach $15 million for
2021.
“We are excited to release our self-developed
servers for sale to customers,” said Mr. Jianghuai Lin, Chairman
and CEO of TAOP. “The release will provide customers with more
options, such as deploying high-speed computing servers themselves,
hosting their servers in our data centers, leasing their spare
computing power to us, or purchasing computing power and cloud
services from us. It is expected to accelerate the formation of our
G cloud computing power ecosystem and to enhance the growth of our
digital business.”
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. Such forward-looking statements may relate to, among
other things, statements regarding our expected growth and
financial performance, our strategy to drive growth, expectations
regarding our new businesses, anticipated benefits of the Company’s
acquisitions, and our guidance for the full year ending December
31, 2021. 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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