Benzinga | May 28, 2021 08:06AM EDT

Taoping Highlights Release For Sale Of 2 New High-Performance Digital Serve Models, GY3070Pro, GY2060S

Taoping Inc. (NASDAQ:TAOP, the &ldquo, Company&rdquo, or &ldquo, Taoping&rdquo, ))), a provider of Internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced the release for sale of two new high-performance digital server models, GY3070Pro and GY2060S. Operating with Taoping's award-winning smart cloud management platform, the new server products can be applied to cloud computing, big data, and other cloud services to facilitate the digital transformation and upgrading of enterprises.

Both GY3070Pro and GY2060S server products have a stylish appearance and ultra-high performance. The server chassis adopts a high-end industrial design with low noise and fast heat dissipation. The two server models are equipped with RX3070 8G graphics card and RTX2060 Super 8G graphics card with reference hash rate of 480 MH/s and 320 MH/s, respectively. Both server models support internal and external storage expansion options, and are equipped with multi-functional applications such as CPU, Taoping's smart cloud management software, cooling fan, network port, and power supply. Both server models have features of low power consumption, low cost and high performance. Specifically, Taoping's smart cloud management platform is incorporated to allow for real-time server management and customized and diversified cloud computing service solutions like cloud desktop, cloud rendering, cloud games, AI services, and Blockchain applications. The manufacturing of the server products was outsourced to a third-party manufacturer.

The Company believes that the new server products are helping TAOP effectively reduce the total cost of Taoping G Cloud Data Centers, while meeting the current increasingly complex and diverse cloud services and AI computing needs. TAOP now offers the new server products for sale to customers to allow customers' deployment in addition to purchasing computer power and cloud services from TAOP. Based on the current trend of customer demands, it is expected that total external sales of TAOP's digital server business group will reach $15 million for 2021.

"We are excited to release our self-developed servers for sale to customers," said Mr. Jianghuai Lin, Chairman and CEO of TAOP. "The release will provide customers with more options, such as deploying high-speed computing servers themselves, hosting their servers in our data centers, leasing their spare computing power to us, or purchasing computing power and cloud services from us. It is expected to accelerate the formation of our G cloud computing power ecosystem and to enhance the growth of our digital business."