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TAOP Awarded Top 10 Emerging Brands at 2021 China Brand Day

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SHENZHEN, May 17, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP, the “Company”), a provider of Internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced that the Company has received a Top 10 Emerging Brand Award at 2021 China Brand Day hosted by China Association of National Advertisers on May 10. The event aims to recognize leading brands and to encourage them to go global and contribute to the formation of strong markets both domestically and overseas.

2021 China Brand Day was held in Shanghai from May 10 to May 12, and was jointly sponsored by the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Agriculture and Rural Areas, the Ministry of Commerce, the State Administration of Market Supervision and Administration, the State Intellectual Property Office, and the Shanghai Municipal Government. The Emerging Brand Award recognizes brands for outstanding contributions in digital economy and in social responsibility. TAOP, as a “Shenzhen Top Brand”, received this Top 10 Emerging Brand Award for its innovative smart cloud platform and its free distribution of public awareness and coronavirus precaution information across Taoping network. As part of a series of activities associated with “China Brand Day”, Mr. Jianghuai Lin, CEO of the Company, was selected as a China Brand Ambassador for global promotion of China brands. Mr. Zhixiong Huang, Chief Operating Officer of TAOP, was invited as an honored keynote speaker for the main track of “China Brand Day” activities and updated the audience about the Company’s strategy and recent developments in the blockchain related and cloud computing power businesses.

“We are honored to receive this award and are humbled by the support from our customers and partners. The recognition is a good start for our Company, as we strive to provide our customers and partners with an expanding array of innovative and reliable cloud services,” said Mr. Jianghuai Lin, Chairman and CEO of TAOP.

About Taoping Inc.

Taoping Inc. (TAOP), is a leading provider of smart display terminals and solutions for targeted advertising and online retails. The Company provides the integrated end-to-end digital advertising solutions enabling customers to distribute and manage ads on cloud-based ad display screens. Connecting owners of Taoping screens, advertisers and consumers, it builds up a resource sharing "Smart IoT Screen Network- Taoping App - Taoping Go (e-Store)" media ecosystem to ultimately achieve the mission "our technology makes advertising and branding affordable and effective for everyone." To learn more, please visit http://www.taop.com/.

Safe Harbor Statement

This press release may contain certain "forward-looking statements" relating to the business of Taoping Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical fact included herein, are "forward-looking statements" in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminologies such as "believes", "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company and its subsidiaries and other consolidated entities or persons acting on their behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For further information, please contact:

Taoping Inc.
Chang Qiu
Email: chang_qiu@taoping.cn

Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803
Email: taop@dgipl.com