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CIO Seminar Hosted by China VoIP & Digital Telecom Inc. Subsidiary Yinquan Technology Achieves Great Success

JINAN, Shandong, China, July 31 /Xinhua-PRNewswire-FirstCall/ -- Shandong Enterprises CIO Net Communications and Virtualization Technology Seminar, hosted by Jinan Yinquan Technology, a wholly-owned subsidiary of China VoIP & Digital Telecom Inc. (OTC Bulletin Board: CVDT), and the co-sponsor, ComputerWorld Magazine, took place successfully on Saturday, July 26, 2008.

JINAN, Shandong, China, July 31 /Xinhua-PRNewswire-FirstCall/ — Shandong Enterprises CIO Net Communications and Virtualization Technology Seminar, hosted by Jinan Yinquan Technology, a wholly-owned subsidiary of China VoIP & Digital Telecom Inc. (OTC Bulletin Board: CVDT), and the co-sponsor, ComputerWorld Magazine, took place successfully on Saturday, July 26, 2008.

The seminar had three main sections. First, Yinquan's General Manager Wang Qinghua introduced the newly developed IBCC (International Business Communication Center) platform to the audience. The audience of CIOs from different industries showed great interest in IBCC and provided valuable feedback and suggestions. Second, the CIO from Geely Group, Zhang Zhengzhu, shared with attendees details of its successful implementation of VoIP and its overall progress in developing an enterprise IT information system (Geely's entire VoIP system is provided by Jinan Yinquan Technology). Mr. Zhang analyzed the economic efficiency achieved by Geely after applying Yinquan's VoIP system. When talking about Yinquan's products and service, he stated, "Yinquan's VoIP system is trustworthy!" In the last part of the seminar Qi Dawei, the Technical Director of Beijing PowerUnique Technologies Co., Ltd. (BPUT), a wholly-owned subsidiary of CVDT, introduced BPUT's virtualization technology and its application.

Mr. Li Kunwu, CEO and Chairman of CVDT commented that he believed the seminar fully showcased Yinquan's unique technology and the value it provides to a business. "CVDT's subsidiaries will continue to work hard to exceed customers' expectations and bring more value-added products and services to the market."

More information can be found at http://www.chinavoip-telecom.com .

Safe Harbor Statement

Certain of the statements made in the press release constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward- looking terminology such as 'believe,' 'expect,' 'may,' 'will,' 'should,' 'project,' 'plan,' 'seek,' 'intend,' or 'anticipate' or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.

For more information, please contact: Yinquan Investor Contacts: Michelle Wong Tel: +86-531-8702-7114 Email: michellewong@yinquan.cn Great Wall Research LLC John Armstrong Tel: +1-203-536-1928 Email: jarmstrong@greatwallresearch.com

SOURCE China VOIP and Digital Telecom, Inc.

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