BEIJING, May 14 /Xinhua-PRNewswire/ -- Ninetowns Internet Technology
Group Company Limited (Nasdaq: NINE) (''Ninetowns'' or the ''Company''),
one of China's leading providers of online solutions for international
trade, today announced that Mr. John Yan Wang, who joined Ninetowns as
Senior Vice President of Business Development in May 2004, left the Company
on May 9, 2008.
"John has played an important role in driving our business development
initiatives. I would like to thank him for all his efforts and wish him the
very best in his future endeavors," said Shuang Wang, Chief Executive
Officer of Ninetowns.
"This position provided me with great opportunities for my professional
development and I am grateful for having been a part of the Ninetowns story
from private entity to publicly listed company," said John Yan Wang, Senior
Vice President of Business Development of Ninetowns.
About Ninetowns Internet Technology Group Company Limited
Ninetowns (Nasdaq: NINE) is the leading provider of online solutions
for international trade, with its key services in automating import/export
e-filing, as well as in providing effective and efficient
business-to-business search. Ninetowns has been listed on the NASDAQ Stock
Exchange since December 2004 under the symbol "NINE." More information can
be found at http://www.ninetowns.com/english .
Forward-Looking Statements
Certain statements in this press release, including statements relating
to the expected non-cash impairment charge and the Chinese government's
future promotional plans for its free software, include forward-looking
statements within the meaning of the U.S. Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally can be identified
by the use of forward-looking terminology, such as "may,'' ''will,''
''expect,'' ''intend,'' ''estimate,'' ''anticipate,'' ''believe,''
''project'' or ''continue'' or the negative thereof or other similar words.
All forward-looking statements involve risks and uncertainties, including,
but not limited to, customer acceptance and market share gains, competition
from companies that have greater financial resources; introduction of new
products into the marketplace by competitors; successful product
development; dependence on significant customers; the ability to recruit
and retain quality employees as the Company grows; and economic and
political conditions globally. Actual results may differ materially from
those discussed in, or implied by, the forward-looking statements. The
forward-looking statements speak only as of the date of this release and
the Company assumes no duty to update them to reflect new, changing or
unanticipated events or circumstances.
For more information, please contact:
Helen Wu
Investor Relations
Ninetowns Internet Technology Group Company Limited
Tel: +86-10-6584-9901
Email: ir@ninetowns.com
Investor Relations (US):
Mahmoud Siddig, Director
Taylor Rafferty
Tel: +1-212-889-4350
Email: ninetowns@taylor-rafferty.com
Investor Relations (HK):
Ruby Yim, Managing Director
Taylor Rafferty
Tel: +852-3196-3712
Email: ninetowns@taylor-rafferty.com
SOURCE Ninetowns Internet Technology Group Company Limited
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Related links:
http://www.ninetowns.com/english
CONTACT:
Helen Wu, Investor Relations of Ninetowns
Internet Technology Group Company Limited, +86-10-6584-9901, or
ir@ninetowns.com; or Investor Relations (US), Mahmoud Siddig,
Director, +1-212-889-4350, or ninetowns@taylor-rafferty.com, or
Investor Relations (HK), Ruby Yim, Managing Director,
+852-3196-3712, or ninetowns@taylor-rafferty.com, both of Taylor
Rafferty, for NINE
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