BEIJING, Nov. 7, 2013 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (Nasdaq:CCIH), the leading total solutions provider of Internet content and application delivery services in China, is pleased to announce that it had signed a contract with COSHIP Electronics Co., Ltd. ("COSHIP") (SZSE:002052), one of China's leading Set Top Box vendors, to provide COSHIP with its Web Delivery, Web Acceleration and HD Live solutions to help enhance the internet multimedia experience of COSHIP's end users.
COSHIP has expanded into a vertically-integrated conglomerate with a series of products and services that include TV-Internet operating systems, web TV box, mobile device, video content, apps and more. ChinaCache will support COSHIP's strategic initiatives by providing solutions that will improve the user experience, speed and reliability of COSHIP's interactive platform, including its website and file downloading service, as well as live and on-demand video streaming.
"The increasing demand for digital content has brought about significant change to the TV industry and has created tremendous growth opportunities for companies such as COSHIP. As COSHIP's business needs continue to evolve, our value-added services, such as security and data analytics, will provide a conduit to further expand the relationship between both companies," commented Mr. Song Wang, Founder, Chairman and CEO of ChinaCache. "We are proud that COSHIP has selected our solutions to support its strategic initiatives and to provide its end-users with an unparalleled interactive experience on all fronts. Having a company like COSHIP join our quality customer base is quite gratifying, and further supports our belief that ChinaCache is well-positioned to embrace the growth opportunities stemming from the television paradigm shift."
About ChinaCache
ChinaCache International Holdings Ltd. (Nasdaq:CCIH) is the leading total solutions provider of Internet content and application delivery services in China. As a carrier-neutral service provider, ChinaCache's network in China is interconnected with networks operated by all telecom carriers, major non-carriers and local Internet service providers. With more than a decade of experience in developing solutions tailored to China's complex Internet infrastructure, ChinaCache is a partner of choice for businesses, government agencies and other enterprises to enhance the reliability and scalability of online services and applications and improve end-user experience. For more information on ChinaCache, please visit en.chinacache.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. ChinaCache may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ChinaCache's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company's goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company's expectations regarding keeping and strengthening our relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and ChinaCache undertakes no duty to update such information, except as required under applicable law.