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Article Excerpt SHENZHEN, China, Sept. 30 /Xinhua-PRNewswire-FirstCall/ -- China Information Security Technology, Inc., ("China Information Security," "CIST" or the "Company"), a leading application software developer, systems integrator and full-service Geographic Information Systems ("GIS") solutions provider to the public security and civil-use markets in China, today announced that it was awarded its first contract to construct the digital hospital and medical information systems for three Shenzhen city hospitals. The contract is valued at $2.2 million and is expected to be completed in the first quarter of 2009.
This win follows CIST's recently announced plan to acquire Shenzhen Zhongtian Technology Development Co., Ltd. ("Zhongtian Technology"), a leading provider of digital hospital information systems in Guangdong Province, China. CIST was able to leverage its strong brand recognition and solid reputation, along with Zhongtian Technology's high-quality product offering to achieve this award. This contract marks CIST's first advance into the largely under-penetrated digital hospital industry in China and further exemplifies the Company's status as a leader...
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