$淘屏有限公司(TAOP)$ Taoping Cooperates with Guangke Digital Technology to Expand Application of Taoping Smart Cloud Platform
NEW YORK, Dec. 7, 2020 -- 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 that the Company has signed a
strategic cooperation agreement with Guangke Digital Technology Co., Ltd. (“Guangke
Digital”) for the application of Taoping Smart Cloud Platform to enable cloud operations
of Guangke’s projection equipment.
Guangke Digital is engaged in the development, production and manufacturing of
photonic crystal metamaterial-based projection film and screen products. Such photonic
films can be coated on glasses to enable double-sided display and can be coated on walls
and projection screens to enable borderless high-resolution display. With projection
equipment, the new films can be used in multiple scenarios such as retail showcases,
transportation hubs and elevators. Over the years, Taoping has developed Taoping Smart
Cloud Platform and the associated Cloud Window App, which provides a shared resource
pool that integrates media resources and advertisers in an all-round and multi-channel
manner, and provides cloud management, control, order optimization and maintenance to
effectively configure and use resources. Taoping Smart Cloud Platform can be flexibly
assigned and expanded for all users of the platform.
Under the strategic cooperation agreement, Guangke Digital is granted a license from
Taoping to connect its projection equipment and photonic screens to Taoping Smart
Cloud Platform, and both parties will collaborate on market development. With
integrated management and order optimization of Taoping Smart Cloud Platform, online
ads can be displayed programmatically and in real-time. Both parties agreed a license fee
and a monthly maintenance and support fee for each Cloud Window App installation.
“Our cooperation with Guangke Digital will provide more display options for our
customers and further expand Taoping New Media ecosystem beyond our own network,”
said Mr. Jianghuai Lin, Chairman and CEO of TAOP. “We expect new revenue streams
for the Company as Taoping Smart Cloud Platform is adopted by partners like Guangke Digital.”
About Taoping Inc.
Taoping Inc. (TAOP), is a leading provider of smart display terminals for targeted
advertising and online retail. The Company provides integrated end-to-end digital
advertising solutions enabling customers to distribute and manage advertisements on
advertisement display terminals. Connecting cloud-based advertisement terminal owners,
advertisers and consumers, it builds up a resource sharing "Smart IoT Terminal - Taoping
Net/ 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 网页链接
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 forwardlooking 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
(网页链接). 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
or
Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803
Email: taop@dgipl.com