BEIJING, Aug. 8 /Xinhua-EMWNews/ -- China TransInfo

Technology Corp., (Nasdaq: CTFO), ("China TransInfo" or "the Company"), a

leading provider of public transportation information systems technology

and comprehensive solutions in the People's Republic of China ("PRC"),

today announced that the Company's chairman and CEO will ring the closing

bell at the NASDAQ MarketSite in New York City's Times Square on Thursday,

August 28, 2008 at 4:00 pm EST to celebrate the Company's listing on the

NASDAQ Capital Market.



    "By listing on the NASDAQ Capital Market, we have achieved another

significant milestone for the Company's development," said Mr. Shudong Xia,

CEO of China TransInfo. "We would like to express our sincere gratitude to

our shareholders, dedicated employees, the entire management team, and all

other parties who have made great contributions to allow us to reach this

point today. We are honored to have been given the opportunity to ring the

closing bell at NASDAQ, one of the most prestigious equity markets in the

world."

    About China TransInfo



    China TransInfo, through its subsidiary Beijing PKU ChinaFront High

Technology Co., Ltd. ("PKU"), is primarily focused on providing

transportation information services. The Company aims to become the largest

transportation information product and comprehensive solutions provider, as

well as the largest integrated transportation information platform and

commuter traffic media platform builder and operator in PRC. China

TransInfo is involved in developing multiple applications in

transportation, digital city land and resource filling system based on

Geographic Information Systems ("GIS") technologies which is used to

service the public sector. In addition, the Company is also developing its

transportation system to include Electronic Toll Collection ("ETC")

technology. The Company is the co-formulator to several transportation

technology national standards and has software copyrights to 23 software

products. China TransInfo has won 3 of 4 model cases sponsored by the PRC

Ministry of Communications. The Company's affiliation with Peking

University, which currently owns 5% of PKU, provides access to the

University's GeoGIS Research Laboratory, including over 30 Ph.D.

researchers. As a result, the Company is currently playing a key role in

setting the standards for electrified transportation information solutions.

For more information please visit the company website at

http://www.chinatransinfo.com .



    Safe Harbor Statement



    This press release contains certain statements that may include

"forward looking statements". All statements other than statements of

historical fact included herein are "forward-looking statements". These

forward looking statements are often identified by the use of

forward-looking terminology 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.

You 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 or persons acting on its 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 more information, please contact:



    China TransInfo Technology Corp.

     Ms. Cathy Zhuang, IR Supervisor

     Phone: +86-10-8267-1299 x8032 (Beijing)

     Email: [email protected]



    CCG Investor Relations Inc.

     Mr. Crocker Coulson, President

     Phone: +1-646-213-1915 (New York)

     Email: [email protected]

     Web:   http://www.ccgir.com