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TAOP Wins Awards for Outstanding Contribution to IT Industry in 2018

January 10, 2019

SHENZHEN, China, Jan. 10, 2019 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP), a leading provider of internet-based ad distribution and display terminal sharing systems and online retail platform, today announced that it has received two awards at the “2018 Shenzhen Internet Annual Conference and 2019 China Internet Economy Summit” hosted by Shenzhen Internet Society at Shenzhen Convention and Exhibition Center‎ on January 8, 2019.

The two awards are “2018 Shenzhen Internet Excellence Award” and “2018 Shenzhen Internet Investment Value Award”. Received by Mr. Zhixiong Huang, COO of TAOP, the awards recognize TAOP’s outstanding contribution to the internet industry and local business in the past year and its great growth potential in the future.

“Recognizing by this reputable conference as a top contributor is a testament to our works and ability to benefit local business through the Taoping Chain ecosystem,” said Mr. Jianghuai Lin, the Chairman and CEO of TAOP. “We would like to thank all the stakeholders that support us in the past year, including our customers, investors, suppliers, and partners. We look forward to continuing our mission to make advertising and branding affordable and effective for everyone.”

About Taoping Inc.

Taoping Inc. (formerly known as China Information Technology, Inc.) NASDAQ: TAOP, is a leading provider of internet-based ad distribution and display terminal sharing systems and online retail platform in China. The Company provides the integrated end-to-end digital advertising solutions enabling customers to distribute and manage ads on the ad display terminals. Connecting cloud-based ad terminal owners, advertisers and consumers, it builds up a resource sharing “Smart IoT Terminal - Taoping Net/ App – Taoping E-store” media ecosystem to ultimately achieve the mission “our technology makes advertising and branding affordable and effective for everyone.” To learn more, please visit http://www.taop.com/.

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of Taoping Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical fact included herein, are “forward-looking statements” in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminologies such as “believes”, “expects” or similar expressions, involve known and unknown risks and uncertainties. Without limiting the generality of the foregoing, forward-looking statements contained in this press release include statements regarding the Company’s and Shenzhen Taoping’ future performance and the anticipated financial impacts of the acquisition, the success of any business development initiatives to be pursued by the Company or Shenzhen Taoping, the satisfaction of the closing conditions to the acquisition, and the timing or success of the completion of the acquisition. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company and its subsidiaries and other consolidated entities or persons acting on their behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For further information, please contact:

Taoping Inc.

Iris Yan

Tel: +86-755-8370-4767

Email: IR@taoping.cn

http://www.taop.com/

or

Dragon Gate Investment Partners LLC

Tel: +1(646)-801-2803

Email: taop@dgipl.com

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