HONG
KONG, Jan. 11, 2023 /PRNewswire/ -- Taoping Inc.
(NASDAQ: TAOP, the "Company" or "Taoping") today announced that its
next generation smart rest station, which integrates fully
autonomous street sweeper functionality, has been launched in
Shenzhen's highly popular Xiangmi
Park. The successful launch serves as a high-profile showcase of
the Company's next generation smart rest station, which is expected
to greatly facilitate the transformation of smart sanitation in
both public and commercial settings.
Shenzhen's "Citizen Park" or
Xiangmi Park is one of China's
more famous and scenic spots and serves as a popular site ranging
from online influencers and people taking a stroll to children and
elderly exercising. The high volume of daily visitors enjoying the
424,000 square meter park also creates a considerable amount of
waste, which is time consuming and costly to clean. Taoping's next
generation smart rest station was selected to help alleviate costly
daily cleaning, while providing an attractive, much needed rest
station for park patrons to use.
With the integration of the fully autonomous street sweeper,
featuring collision avoidance, human detection, advanced route
guidance and extended battery life, the Company's new smart rest
station solution offers a docking, charging and cover option,
thereby eliminating the cost prohibitive need to install separate
charging sites. For more detailed information and accompanying
videos click here
(http://en.taop.com/video/stage-adv2.mp4).
For Shenzhen's "Citizen Park"
or Xiangmi Park, Taoping tailored its intelligent street sweeper
and intelligent garbage sorting applications, with multi-functional
autonomous cleaning, garbage transfer, overflow detection, and
more.
Mr. Lin Jianghuai, Chairman and CEO of Taoping, said, "We thank
the Shezhen park authorities for their confidence in Taoping and
our next generation solution. We are very excited to be in this
high profile, high traffic location, which showcases our innovative
solution and will allow others to see firsthand how effective our
solution is and how we can help directly solve high-cost pain
points associated with cleaning and labor. Park visitors want
stress-free, clean greenspace, which our solution helps provide,
while improving many other aspects of the overall experience."
"We see this as the latest step in what will be a multi-year
growth journey. We already have relationships with more than 200
cities in our alliance network, which we are sharing detailed
information on the benefits of our new solution with. We also
continue to promote the application of new technologies and new
products to meet the ever-changing needs of the market, as we build
on our platform of providing services, products and solutions to
enhance public sites, and indoor and outdoor destinations across
the country, while ultimately leading a new low-carbon and
efficient lifestyle."
About Taoping Inc.
Taoping Inc. (Nasdaq: TAOP) has a long history of successfully
leveraging technology in the development of innovative solutions to
help customers in both the private and public sectors to more
effectively communicate and market to their desired targets. The
Company has built a far-reaching city partner ecosystem and
comprehensive portfolio of high-value, high-traffic areas for its
products, which are aligned together with Taoping's smart cloud
platform, cloud services and solutions, new media and artificial
intelligence. To learn more, please visit www.taop.com.
Safe Harbor Statement
This press release contains "forward-looking statements" that
involve substantial risks and uncertainties. All statements other
than statements of historical facts contained in this press
release, such as statements regarding our estimated future results
of operations and financial position, our strategy and plans, and
our objectives or goals, are forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
We have attempted to identify forward-looking statements by
terminology including "anticipates," "believes," "can," "continue,"
"could," "estimates," "expects," "intends," "may," "plans,"
"potential," "predicts," "should," or "will" or the negative of
these terms or other comparable terminology. Our actual results may
differ materially or perhaps significantly from those discussed
herein, or implied by, these forward-looking statements.
There are a significant number of factors that could cause actual
results to differ materially from statements made in this press
release, including: our potential inability to achieve or sustain
profitability or reasonably predict our future results due to our
limited operating history of providing blockchain technology and
smart cloud services, the effects of the global Covid-19 pandemic,
the emergence of additional competing technologies, changes in
domestic and foreign laws, regulations and taxes, uncertainties
related to China's legal system
and economic, political and social events in China, the volatility of the securities
markets; and other risks including, but not limited to, those that
we discussed or referred to in the Company's disclosure documents
filed with the U.S. Securities and Exchange Commission (the "SEC")
available on the SEC's website at www.sec.gov, including the
Company's most recent Annual Report on Form 20-F as well as in our
other reports filed or furnished from time to time with the SEC.
The forward-looking statements included in this press release are
made as of the date of this press release and TAOP undertakes no
obligation to publicly update or revise any forward-looking
statements, other than as required by applicable law.
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SOURCE Taoping Inc.