Nova LifeStyle Subsidiary iDesign Technology Won Top Microsoft Award in Taiwan Contest
17 Dezember 2018 - 1:45PM
Nova LifeStyle, Inc. (NASDAQ: NVFY), a leading
U.S.-based, innovative designer and distributor of modern LifeStyle
home products, today announced that the Company’s subsidiary
iDesign Technology (IDT) won a top prize for
technology innovation at the
Cloud-Chain International
Dapp Development Contest held in Taiwan, which was
sponsored by Microsoft, China Binary New Fintech and High
Cloud.
The final competition took place
on December 12, with more than fifty global corporate
contestants competing openly with their
product applications built on
Microsoft’s successful Azure Blockchain
Workbench platform. Nova’s iDesign team won the 3rd
place award with IDT’s new generation Public
Service System relying on its advanced Distributed Storage,
Distributed Ledger and Hash Table, and Smart Contract
Technologies.
Nova Lifestyle launched its iDesign
Technology (IDT) subsidiary in 2018. IDT
provides strong technical support for the
company's technological transformation and
upgrade in order to enhance user experience. At the same
time, IDT expects to leverage its
leading technology ability by opening its
Blockchain system to serve other enterprise
customers looking
to implement applications with emerging
technologies quickly.
iDesign Technology Chief Technology Officer
Jerry Zheng commented: “We are pleased to have worked with
Microsoft’s leading Azure Blockchain Workbench system to build
Nova’s enterprise applications. Nova actively
embraces advanced science and technology and we
expect IDT will play a significant role in enhancing the
Company’s profitability and technology know-how.”
About Nova LifeStyleNova
LifeStyle, Inc., a NASDAQ Global Market listed company
headquartered in California, is a fast growing, innovative designer
and distributor of modern LifeStyle furniture; primarily sofas,
dining rooms, cabinets, office furniture and related components,
bedrooms, and various accessories in matching collections. Nova's
products are made in the US, Europe, and Asia that include
LifeStyle brands such as Diamond Sofa, Nova QwiK, and Bright
Swallow International. Nova's products feature urban contemporary
styles that integrate comfort and functionality, incorporating
upscale luxury designs appeals to middle and upper middle-income
consumers in the U.S., China, Europe, and elsewhere in the world.
Visit Nova LifeStyle’s website at www.NovaLifeStyle.com.
Company Contact:Investor
Relations:The Equity Group Inc.In U.S.Adam Prior, Senior Vice
President+1 (212) 836-9606aprior@equityny.com
Photos accompanying this announcement are available
athttp://www.globenewswire.com/NewsRoom/AttachmentNg/fbf2ada7-3a7f-4b87-a209-e86206291163
http://www.globenewswire.com/NewsRoom/AttachmentNg/c1d0ca43-943a-41b7-be90-8e0c8acf21c2
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