SHENZHEN, May 28, 2021 (GLOBE NEWSWIRE) – Taoping Inc. (NASDAQ: TAOP, the “Company” or “Taoping”), a provider of Internet-based smart display screens and a new media ecosystem that enables targeted advertising and online retailing, announced today the launch for sale of two new models of high-performance digital servers, GY3070Pro and GY2060S. Operating with Taoping’s award-winning smart cloud management platform, the new server products can be applied to cloud computing, big data and other cloud services to facilitate digital transformation and enterprise upgrading.
Both GY3070Pro and GY2060S server products have a sleek look and ultra high performance. The server chassis adopts a high-end industrial design with low noise and fast heat dissipation. Both server models are equipped with RX3070 8G graphics card and RTX2060 Super 8G graphics card with a reference hash rate of 480 MH / s and 320 MH / s, respectively. Both server models support internal and external storage expansion options and are equipped with multifunctional applications such as CPU, Taoping intelligent cloud management software, cooling fan, network port and power supply. Both server models have features of low power consumption, low cost and high performance. Specifically, Taoping’s intelligent cloud management platform is incorporated to enable real-time server management and customized and diversified cloud computing service solutions, such as cloud desktop, cloud rendering, online games. cloud, AI services and Blockchain applications. The manufacture of the server products was outsourced to an external manufacturer.
The company believes the new server products are helping TAOP effectively reduce the total cost of Taoping G’s cloud data centers, while meeting today’s increasingly complex and diverse cloud service needs and computing needs. ‘IA. TAOP now offers new server products for sale to customers to enable customer deployment, in addition to purchasing computer power and cloud services at TAOP. According to the current trend in customer demands, total external sales of TAOP’s digital server business group are expected to reach $ 15 million by 2021.
“We are excited to launch our self-developed servers to sell to customers,” Mr. Jianghuai Lin, President and CEO of TAOP. “The version will provide customers with more options, such as deploying high-speed computer servers themselves, hosting their servers in our data centers, renting us their spare computing power, or acquiring cloud services and computing power. S ‘expects it to accelerate the formation of our G-cloud computing power ecosystem and improve the growth of our digital business.’
About Taoping Inc.
Taoping Inc. (TAOP), is a leading provider of smart display terminals and solutions for targeted advertising and online sales. The company offers comprehensive end-to-end digital advertising solutions that enable customers to deliver and manage ads on cloud-based ad display screens. By connecting Taoping screen owners, advertisers and consumers, we create a media ecosystem “Smart IoT Screen Network – Taoping App – Taoping Go (e-Store)” to share resources in order to achieve our mission ” technology makes advertising and branding affordable and effective for everyone. ” For more information, visit http://www.taop.com/.
Declaration of safe port
This press release may contain certain “forward-looking statements” related to the business of Taoping Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical facts included in this document, are “forward-looking statements” of a nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by use of prospective terminologies such as “cross”, “wait” or similar expressions, carry known and unknown risks and uncertainties. These forward-looking statements may relate, among other things, to statements about our expected financial growth and performance, our strategy for driving growth, expectations about our new business, the expected profits from the company’s acquisitions and our guidance for the full year ending December. 31, 2021. While the Company believes that the expectations reflected in these forward-looking statements are reasonable, they involve assumptions, risks, and uncertainties, and such expectations may be incorrect. Investors should not overly rely on these forward-looking statements, which are only made from the date of this press release. The actual results of the company could differ materially from those provided for in these forward-looking statements as a result of a number of factors, including those discussed in the company’s periodic reports submitted to the Securities and Exchange Commission and available on its website ( http: //www.sec.gov). All such forward-looking statements attributable to the Company and its subsidiaries and other consolidated entities or persons acting on its behalf are expressly qualified in their entirety by these factors. Apart from what is required by securities legislation, the company does not assume the duty to update these forward-looking statements.
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Dragon Gate Investment Partners LLC
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