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 .
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: email@example.com Investor Relations (US): Mahmoud Siddig, Director Taylor Rafferty Tel: +1-212-889-4350 Email: firstname.lastname@example.org Investor Relations (HK): Ruby Yim, Managing Director Taylor Rafferty Tel: +852-3196-3712 Email: email@example.com
Source: Ninetowns Internet Technology Group Company Limited