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TAOP - Taoping Inc News Story

$3.05 0.1  2.0%

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Micro Cap
Market Cap £16.8m
Enterprise Value £28.5m
Revenue £10.6m
Position in Universe 5256th / 6376

Taoping Effectively Distributes Coronavirus Precaution Information

Tue 4th February, 2020 2:05pm
Taoping Effectively Distributes Coronavirus Precaution Information

SHENZHEN, China, Feb. 04, 2020 (GLOBE NEWSWIRE) -- 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 active participation in distributing coronavirus precaution information.

Since January 23, 2020, the National Health Commission and China Advertising Association have launched a series of public service advertisements for the precaution of the novel coronavirus epidemics. To distribute these advertisements effectively, TAOP has been actively utilizing its targeted advertising technology and smart screen resources in cities and counties across the country. So far, these public service advertisements have been displayed through Taoping new-media ecosystem in nearly 200 cities and counties nationwide, such as Wuhan, Yichang, Huanggang, Xiangyang, Jingzhou, Enshi, Xiaogan, Jingmen, Huangshi, Shiyan, Tianmen, Xianning, Qianjiang, Tianjin, Shenzhen, Nanning, Hefei, Fuzhou, Guiyang, Nanjing, Kunming, Lhasa, Qingdao, Yinchuan, etc.

“During the current coronavirus epidemic, the right message to reach everyone can save lives,” said Mr. Jianghuai Lin, Chairman and CEO of TAOP. “As a public company of the advertising industry, social responsibility is a core value for us. We are glad to be helpful to spread the precaution message across third, fourth, and fifth-tier cities where we have a strong presence.”

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 Qiu
Email: chang_qiu@taoping.cn


Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803
Email: taop@dgipl.com

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