CNIT announces name change to Taoping Inc.

China Information Technology, Inc., a leading provider of internet-based ad distribution and ad display terminal sharing systems in China, announced that it has changed its name from “China Information Technology, Inc.” to “Taoping Inc.”

“We are thrilled to announce our name change. This strategic branding decision comes at a natural inflection point for our brand,” said Jianghuai Lin, Chairman and CEO of CNIT, “We believe that the new company name will more accurately reflect our current business operations. Since entering the public market in 2007 we have continued to execute exceptionally on our roadmap and are excited to introduce the Taoping Inc. to Wall Street, as we have done successfully amongst our peers in the new-media industry.”