BEIJING, Aug. 14, 2015 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (NASDAQ:CCIH), the leading total solutions provider of Internet content and application delivery services in China, today announced that Dr. Ken Zhang has notified the Company of his decision to no longer serve as the president of the Company after his term of office expires on August 31, 2015 due to personal reasons. Dr. Zhang will be a consultant to the Company after the expiration of his term of office until the end of 2015.
"Ken has been a valued colleague and friend, and played a critical role in the Company's successful business development and the formation of critical strategic partnerships," said Mr. Song Wang, founder, chairman and CEO of ChinaCache. "We are grateful for Ken's years of dedication to the Company, and wish him well in his future endeavors."
Mr. Song Wang and the rest of ChinaCache senior management team will assume Dr. Zhang's responsibilities in the interim period before a new president is appointed.
About ChinaCache International Holdings Ltd.
ChinaCache International Holdings Ltd. (NASDAQ:CCIH) is the leading total solutions provider of Internet content and application delivery services in China. As a carrier-neutral service provider, ChinaCache's network in China is interconnected with networks operated by all telecom carriers, major non-carriers and local Internet service providers. With more than a decade of experience in developing solutions tailored to China's complex Internet infrastructure, ChinaCache is a partner of choice for businesses, government agencies and other enterprises to enhance the
reliability and scalability of online services and applications and improve end-user experience. For more information on ChinaCache, please visit ir.chinacache.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of 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" and similar statements. ChinaCache may also make written or oral forward-looking statements in its reports filed 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. 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 statements, including but not limited to the following: the Company's goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company's expectations regarding keeping and strengthening its relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and ChinaCache undertakes no duty to update such information, except as required under applicable law.
CONTACT: For investor and media inquiries please contact:
Investor Relations Department
ChinaCache International Holdings
Tel: +86 (10) 6408 5307
Mr. Don MarkleyThe Piacente Group | Investor Relations
Tel: +1 212-481 2050
Source: ChinaCache International Holdings Ltd.
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