BEIJING, April 28, 2015 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq:VNET) ("21Vianet" or the "Company"), a leading carrier-neutral Internet data center services provider in China, recently announced that the Company has entered into a cooperation agreement to support Tsinghua University in its Energy Internet research initiative. The concept of Energy Internet is one of a vast network that efficiently supplies electricity to anyone anywhere.
Tsinghua University launched the Institute for Energy Internet Research (the "Energy Internet Institute") on April 24, 2015. Mr. Yang Bin, Vice President of Tsinghua University, Mr. Zhou Xiaoxin, Academician of China Electric Power Research Institute, Mr. Li Ye, Chief Economist of National Energy Bureau, and Mr. Sui Zhenjiang, Secretary of Haidian District, Beijing, attended the ceremony and jointly unveiled the Institute. Also in attendance at the ceremony were numerous officials and energy industry experts, including those from Tsinghua University, National Energy Administration, Ministry of Industry and Information Technology, Ministry of Science and Technology, Haidian District and National Natural Science Foundation of China, as well as senior executives from leading global energy and Internet companies.
Energy Internet was promoted as a green solution to improve energy efficiency in China. It is a key element in China's plan to lead the world into the Third Industrial Revolution, as well as a new focus for those in international academic communities, the energy industry, and technological innovation groups. The energy sector is one of the first pilot industries featured in China's "Internet Plus" plan. Many characteristics of the Internet such as decentralization, broad participation by numerous end users, symmetrical information sharing, and the focus on user experience, could help bring about a transformation in the energy industry. By embracing the Internet and focusing on the production process, tremendous change can be brought to the current industrial structure, business model, technology system and utilization efficiency of the energy industry.
This initial collaboration between 21Vianet and Tsinghua University's Energy Internet Institute on developing the Energy Internet has three main purposes: First is receiving support from Tsinghua University's prospective research capacity and efficiency in the Energy Internet field, to ultimately develop and construct the world's leading green data center projects. Second is using Tsinghua University's Energy Internet Institute as a platform to bring about investment in renewable energy projects, further servicing 21Vianet's growing data center energy demands. Third is increasing cooperation with China's leading clean and renewable energy providers, which continuously improves the green energy usage rate.
Mr. Josh Chen, Chairman and CEO of 21Vianet, stated, "We are honored to be able to cooperate with one of China's top rated universities in Tsinghua University and being on the forefront of this exciting and emerging Energy Internet initiative. After witnessing the global growth of the Internet and accumulating over nearly two decades of know-how and operational experiences running data centers and networks, we are proud to be the leading Internet infrastructure services provider in China. We fully believe that by utilizing both of our competitive advantages in terms of resources and capabilities, and through multi-dimensional innovation and integration, we will be able to significantly contribute to the development of the emerging Energy Internet industry."
21Vianet Group, Inc. is a leading carrier-neutral Internet data center services provider in China. 21Vianet provides hosting and related services, managed network services, cloud services, content delivery network services, last-mile wired broadband services and business VPN services, improving the reliability, security and speed of its customers' Internet infrastructure. Customers may locate their servers and networking equipment in 21Vianet's data centers and connect to China's Internet backbone through 21Vianet's extensive fiber optic network. In addition, 21Vianet's proprietary smart routing technology enables customers' data to be delivered across the Internet in a faster and more reliable manner. 21Vianet operates in more than 30 cities throughout China, servicing a diversified and loyal base of more than 2,000 hosting enterprise customers that span numerous industries ranging from Internet companies to government entities and blue-chip enterprises to small- to mid-sized enterprises.
Safe Harbor Statement
This announcement contains forward-looking statements. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. 21Vianet may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about 21Vianet's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: 21Vianet's goals and strategies; 21Vianet's expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, 21Vianet's services; 21Vianet's expectations regarding keeping and strengthening its relationships with customers; 21Vianet's plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where 21Vianet provides solutions and services. Further information regarding these and other risks is included in 21Vianet's reports filed with, or furnished to the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of this press release, and 21Vianet undertakes no duty to update such information, except as required under applicable law.
CONTACT: Investor Relations Contact: 21Vianet Group, Inc. Eric Chu, CFA +1 (908) 707 2062 IR@21Vianet.com Joseph Cheng +86 10 8456 2121 IR@21Vianet.com ICR, Inc. Calvin Jiang +1 (646) 405-4922 IR@21Vianet.com