Sold LIWA , bought CPBY with real money.
LIWA has just gone up even faster than I imagined. So I sold it and today I bought CPBY with real money at $5.57 , Its chart shows its on a steady rise back to $10 and its forward PE supports a run towards $10+
CPBY also has a very important Innovation win:
China Information Security Technology Wins Innovation Award
* Press Release
* Source: China Information Security Technology, Inc.
* On Wednesday September 23, 2009, 8:30 am EDT
o China Information Security Technology, Inc.
SHENZHEN, China, Sept. 22 /PRNewswire-Asia-FirstCall/ -- China Information Security Technology, Inc., (Nasdaq: CPBY - News; "China Information Security," "CIST" or the "Company"), a leading total solutions provider of digital security, geographic and hospital information systems in China, today announced that the Company's Geographic Information Systems ("GIS") software, GeoStar V5.2 ("GeoStar"), was accredited as a "National Independent Innovation Product" by the Ministry of Science and Technology ("MST") of China.
The National Independent Innovation Products accreditation (the "Award") was created by the MST in order to help implement the State Council's National Outlines for Medium and Long-term Planning for Scientific and Technological Development and create an incentive environment with treasury funding for independent innovations. The Award is granted to creative companies that pilot innovative projects in China, to products of companies in state-level high-technology zones, as well as to products that apply recent technological breakthroughs and have won National Science and Technology Awards. GeoStar was among the first batch of products to ever receive this Award.
The awarded product is not only given purchase priority by the government for use in important national projects, but the developer, creator or manufacturer of the product also receives priority in public funding and strong support in becoming accredited as a High Technology Enterprise with the favorable policies and research and development support associated with such accreditation.
The Company's GeoStar system is one of the leading and largest-scale GIS software series with independent intellectual property ownership in China. It covers the whole GIS product family, from data acquisition and processing to large database management, GIS customization and the online publication of geographic data. GeoStar has been successfully applied in many industries, including land resourcing, surveying & mapping, urban planning and water conservation.
Mr. Jiang Huai Lin, Chairman and CEO of CIST, commented, "We are greatly honored to have our GeoStar system win a National Independent Innovation Product award. We believe that this award not only demonstrates the state-of-the-art quality of GeoStar, but it also highlights our research and development strengths and technical capabilities, and validates our position as a pioneer, innovator and leader in the domestic GIS industry. We are encouraged by this Award, which we believe will serve to further solidify our position in the industry and competitively position us to expand our share of the market for GIS products and services, as well as benefit from the adoption by the PRC government of more favorable policies in support of domestically developed GIS software products,
About China Information Security Technology, Inc.
Through its wholly-owned Chinese subsidiary, China Information Security Technology, Inc. ("CIST" or the "Company") headquartered in Shenzhen, China ("PRC"), is a leading application software developer, systems integrator and full-service Geographic Information Systems ("GIS") solutions provider to the public security and civil-use markets in China, dedicated to the use of information technology to improve public safety and information management. Its main business lines range from digital information security, to GIS, and digital hospital information systems. The Company provides a broad portfolio of fully integrated solutions and services, including its First Responder Coordination Platform, Intelligent Border Control System, Residence Card Information Management System, Police- and Civil-use GIS products, and Digital Hospital Information System, to serve the growing demand for digital geographic information, hospital and electronic medical record systems in China. Its commitment to leading-edge technology and quality assurance has won the Company numerous government and enterprise contracts throughout China. To learn more about the Company, please visit its corporate website at http://www.chinacpby.com