China Information Technology (CNIT) Lists Contracts Signed Signed During Q3 2011

China Information Technology, Inc. (Nasdaq: CNIT), a leading provider of information technologies and display technologies based in China, today announced that it signed $24.6 million in new contracts during the third quarter of 2011.

The Company's core IT business segment contributed 44%, or $10.8 million, of the total contract wins, while its Digital Display segment contributed 56%, or $13.8 million.

The Company's third quarter contract wins came from 28 provinces and provincial cities in China. Some of the important contracts secured include:

• $1.35 million for work with the City Authority of Pingshan New Zone in Shenzhen. Under the contract, CNIT is expected to provide a custom, integrated application platform for digital city management, as well as system integration software;

• $0.8 million to create a digital vehicle service monitoring and support system for the Shenzhen Public Security Bureau;

• $0.73 million to create a digital city management system, including a specialized database, for the Chenzhou Municipal Bureau of Urban Management and Administration;

• $0.6 million to supply CNIT-brand 60" and 65" All-in-One touch screen displays to Shandong Province Education Technology Equipment Co., Ltd; and,

• $0.47 million to supply CNIT-brand 63" All-in-One touch screen displays to Suzhou Xinpujie Intelligent Technology Co., Ltd.

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