ZST Digital Networks, Inc. Receives AAA Rating by Zhengzhou City Enterprise Reputation Certification Committee
ZST Digital Networks, Inc. Receives AAA Rating by Zhengzhou City Enterprise Reputation Certification Committee
ZHENGZHOU, China, Aug. 15, 2011 /PRNewswire-Asia-FirstCall/ -- ZST Digital Networks, Inc. (NASDAQ: ZSTN) ("ZST" or the "Company"), a major developer, manufacturer and supplier of digital and optical network equipment to cable system operators and provider of GPS tracking devices and support services for transport-related enterprises in China, today announcedthatit has received a AAA level enterprise reputation rating from the Zhengzhou City Enterprise Reputation Certification Committee ("the Committee").
The committee is comprised of people from several institutions and government agencies in Zhengzhou City, including the enterprise association, the committee of industry and information technology, bureau of commerce, local taxation bureau, state taxation bureau and the bureau of small and medium sized enterprises ("SMEs"). The Committee evaluates enterprise reputations and assigns ratings based on the enterprises' operating results, financial strength, capital structure, credit worthiness, international certifications and business outlook. The AAA level is the highest reputation rating given out by the Committee.
Commenting on the announcement, Mr. Zhong Bo, Chairman and Chief Executive Officer of ZST Digital Networks said, "We are pleased to announce our designation as a AAA-rated enterprise by the Committee, further bolstering our already strong business reputation within Henan province. This designation demonstrates our commitment to maintaining the highest standards of integrity in all of our dealings with our customers, partners and employees, practices which mirror our transparency and disclosure practices as a U.S. listed company. We will seek to leverage our AAA reputation rating as we continue to broaden and deepen our customer base in the commercial GPS fleet management and cable TV related markets."
About ZST Digital Networks, Inc.
ZST Digital Networks, Inc. (Nasdaq: ZSTN) is a China-based company, principally engaged in (1) supplying digital and optical network equipment and providing installation services to cable system operators in China and (2) providing GPS location and tracking services to local logistics and transportation companies in China. The Company has developed a line of IPTV devices that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers. The Company has assisted in the installation and construction of over 400 local cable networks in more than 90 municipal districts, counties, townships, and enterprises. The Company has also launched a commercial line of vehicle tracking devices utilizing our GPS tracking technologies and support services for transport-related enterprises to track, monitor and optimize their businesses. For more information about ZST Digital Networks, Inc., please visit www.zstdigital.com/English.
Contacts:
Company Contact: Investor Relations (HK):
ZST Digital Networks Inc. Mahmoud Siddig
Email: ir@zstdigital.com Taylor Rafferty
Tel: +852-3196-3712
Email: zstdigital@taylor-rafferty.com
Investor Relations (US):
Bryan Degnan
Taylor Rafferty
Tel: +1 (212) 889-4350
Email: zstdigital@taylor-
rafferty.com
SOURCE ZST Digital Networks, Inc.
ZST Digital Networks, Inc.
Web Site: http://www.zstdigital.com/English
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