BEIJING, June 13, 2023 (GLOBE NEWSWIRE) -- Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"), incorporated in Nevada in September 2014, is a digital technology corporation engaged in three converging and innovative business segments: 5G messaging, acoustic intelligence, and digital smart city technology in China. Today, the Company is pleased to announce the joint publication of the, "Research Report on 5G Messaging Services in the Express Delivery Industry" in collaboration with the China Academy of Information and Communications Technology (CAICT), SF Taisen Holdings and others.
The report was unveiled at the recently held, "5G Messaging Development Practice Forum" co-organized by CAICT, the China Communications Enterprises Association, and the 5G Messaging Working Group. The forum took place at the National Convention Center in Beijing, where industry professionals gathered to discuss the future of 5G messaging development.
The jointly-published report provides an robust dissection of the current landscape of messaging services in the express delivery sector and the capabilities of 5G messaging. It highlights key application areas including business marketing, customer service, express services, service assessment, and potential areas for enhancement. Furthermore, the report underscores the inherent value of 5G messaging in daily operations and maps out a trajectory for a future where the express delivery industry is seamlessly integrated with 5G messaging.
In recent years, Datasea has been actively involved in the formulation of 5G messaging industry standards, participating in several collaborative projects. These include the drafting of the "5G Messaging Development Report," the co-authoring of the "Blue Paper on 5G Messaging in the Express Delivery Industry," and the formulation of the "General Technical Requirements for 5G Messaging Services in the Express Delivery Industry" standard, amongst others.
CEO of Datasea, Liu Zhixin, commented, "Leveraging our extensive experience in 5G messaging technology and market applications, Datasea reaffirms its commitment to fully supporting carriers in the construction and business development of 5G messaging networks."
About Datasea Inc.
Datasea Inc., through its variable interest entity, Shuhai Information Technology Co., Ltd., a digital technology company in China, engages in three converging and innovative industries: smart city, acoustic intelligence and 5G messaging. Datasea leverages facial recognition technology and other visual intelligence algorithms, combined with cutting-edge acoustic and non-visual intelligence algorithms, to provide smart city solutions that meet the security needs of residential communities, schools and commercial enterprises. Most recently, in response to the growing utilization of 5G technologies and the overall initiative to utilize Datasea’s technology capabilities to expand business coverage and revenue resources, Datasea has also strategically expanded business coverage to 5G messaging and smart payment solutions. Datasea has been certified as one of the High-Tech Enterprises (jointly issued by the Beijing Science and Technology Commission, Beijing Finance Bureau, Beijing State Taxation Bureau and Beijing Local Taxation Bureau) and one of the Zhongguancun High Tech Enterprises (issued by the Zhongguancun Science Park Administrative Committee) in recognition of the company’s achievement in high technology products. Get real-time Datasea updates by following us on Social Media and our website. Datasea routinely posts important new information. Twitter @Dataseainc, https://twitter.com/Dataseainc; Website: www.dataseainc.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook," “objective” and similar terms. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and which are beyond Datasea's control, which may cause Datasea's actual results, performance or achievements (including the RMB/USD value of its anticipated benefit to Datasea as described herein) to differ materially and in an adverse manner from anticipated results contained or implied in the forward-looking statements. There cannot be any assurance of the amount of any orders that may be received under the agreement with Quanzhen Hulian Technology (Shenzhen) Co. Ltd. Further information regarding these and other risks, uncertainties or factors is included in Datasea's filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov. Datasea does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
Investor and Media Contact:
International Elite Capital Inc.
Annabelle Zhang
Telephone: +1(646) 866-7989
Email: Datasea@iecapitalusa.com
