BEIJING, Nov. 5, 2019 /PRNewswire/ -- Luokung
Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"),
one of the global leading spatial-temporal big-data processing
technology companies, a leading interactive location-based services
company in China, today announced it has entered into
a strategic cooperation agreement
with Tencent Cloud Computing (Beijing) Limited (hereinafter referred to as
"Tencent Cloud") and Beijing KDFlink
Technology Group Limited (hereinafter referred to as
"KDFlink"), jointly cooperating to
build a world leading application
platform called "Spatial-Temporal Ultra Brain" in terms of
industrial internet based on the Tencent Industrial Cloud.
"Spatial-Temporal Ultra Brain" platform will integrate the IaaS
of Tencent Industrial Cloud, along
with PaaS of Luokung Technology spatial-temporal big-data platform
and SaaS of KDFlink industrial IOT. Tencent Industrial Cloud provides not only the infrastructure of
computing power, storage, communication IaaS service, etc., but also continuous technical support
services including but not limited to big data, network security
with its own advantages. Luokung Technology provides the
spatial-temporal big-data processing technology in the management,
fusion and logical computing, as well as the completed
spatial-temporal PaaS and SaaS services in fields including but not
limited to Maps, Satellite Remote Sensing, IOT, and LBS. KDFlink provides applications,
solutions and services of SaaS for the business of SCADA, APS,
Intelligent manufacturing, WMS, LIMS, OEE , Intelligent industrial
analysis, etc. Luokung Technology
and KDFlink will become the ecology partners of Tencent's local
industrial cloud, putting the SaaS products on the application
store of Tencent's local industrial cloud, and fully assist
Tencent in promoting the services of
Tencent local industrial cloud to the
local industrial enterprises.
"Spatial-Temporal Ultra Brain" platform is a vertical extension
product based on the industrial IOT field of Luokung
Technology. This platform has a
large horizontal expansion space in the application of local
industrial cloud. In addition, by relying on the cooperation with
Tencent industry cloud and KDFlink,
"Spatial-Temporal Ultra Brain"
will give better access to the local industrial
enterprises to provide more efficient intelligent services.
About Tencent Cloud Computing
(Beijing) Limited Liability
Company
Tencent Cloud Computing
(Beijing) Limited Liability
Company (hereinafter referred to as "Tencent Cloud") is a subsidiary of Tencent Group. Tencent Cloud focuses on building a public cloud
service platform with highest quality and reliability. Based on the
technology architecture of Tencent's large scale of internet
business and the elaborated internet operation experience,
Tencent Cloud offers integrated cloud
service capabilities like cloud computing, cloud data, cloud
operation for enterprises and developers. And help government
agencies and corporations to build flexible and efficient IT
structure. The products provided by Tencent Cloud are secure, reliable and easy to
use, including TCE enterprise proprietary cloud, global public
cloud services, cloud computing services such as cloud servers,
cloud storage, cloud database, CDN, domain name resolution
(DNSPod), and Tencent cloud
intelligent big data platform, data visualization and other big
data operation services, etc. Tencent
Cloud also provides full-stack solutions that fully meet customer
requirements for cloudification in such business scenarios as
ecommerce, gaming, finance and media.
About Beijing KDFLink Technology Group Co., Ltd.
Beijing KDFLink Technology Group Co., Ltd. (hereinafter referred
to as "KDFLink Technology") is a leading new generation of
information technology + industrial Internet leader in China. The company has professionals in
technology research and development, intelligent manufacturing and
consulting. Its core business includes high-end antenna technology
research and development, 5G intelligent manufacturing, 5G social
networking, 5G+ industrial Internet, 5G+VR/AR solutions. The
company integrates cutting-edge technologies such as 5G, Internet
of Things, cloud computing, big data, AI, etc., and develops and
builds the "KDFLink Time and Space Super Brain" industrial Internet
application platform to serve the R&D, manufacturing,
management and sales of industries and enterprises. The whole
process of service and the entire industry chain will ultimately
realize the intelligent and ecologicalization of the entire value
chain.
About Luokung Technology Corp.
Luokung Technology Corp. is one of the global leading
spatial-temporal big-data processing technology companies and a
leading interactive location-based services company in China. The Company's mobile application
LuoKuang, provides location- based interaction services for users
based on the world's first non-slicing, full-vector and
full-function mobile internet map, it also provides SDK and API
embedded services to LBS mobile internet developers based on its
full-vector and non-slicing mobile internet map. The Company
provides completed DaaS, SaaS and PaaS services in relation to
spatial-temporal big data internet and internet of things relying
on its proprietary patented spatial-temporal cloud indexing
technology, in fields including but not limited to HD Map, 3D Map,
Internet Application Map, Satellite Remote Sensing Data and
Real-time trajectory. For more information please go to
http://www.luokung.com.
Business Risks and Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, 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" and similar statements. 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 many of which are beyond the Company's
control, which may cause the Company's actual results, performance
or achievements to differ materially from those in the
forward-looking statements. Further information regarding these and
other risks, uncertainties or factors is included in the Company's
filings with the U.S. Securities and Exchange Commission. The
Company 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.
CONTACT:
The Company:
Mr. Jay Yu
Chief Financial Officer
Tel: +86-10-5327-4727
Email: ir@luokung.com
INVESTOR RELATIONS
PureRock Communications Limited
Email: luokung@pure-rock.com
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SOURCE Luokung Technology Corp.