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Wednesday April 26, 11:41 pm Eastern Time Company Press Release AsiaInfo's Messaging Software, AIMC, Selected by China's Largest E-Commerce Web Site 8848.net Company Continues to Expand Its Messaging Software Product into China's ISP and Internet Content Provider (ICP) Market BEIJING/SANTA CLARA, Calif.--(BUSINESS WIRE)--April 27, 2000-- AsiaInfo Holdings Inc. (Nasdaq:ASIA - news) a leading provider of total Internet infrastructure solutions and software products in China, announced today that it has won three separate contracts for provision of its messaging software, AIMC.
8848.net, China's largest e-commerce portal, People's Daily Online, one of China's biggest news web sites and Xinhua News Agency, China's largest news and information gathering and distribution center have all signed on for installation of the software.
AIMC licenses sold to these three parties will provide more than 2.5 million free mailboxes. This carrier-class messaging software offers high capacity, security and flexibility to its customers. It will support unified messaging, unified user management and Wireless Application Protocol (WAP) service. This will allow customers to check their emails as well as place orders and check order status through their mobile phones.
``AIMC is becoming the 'software of choice' among not only telecom ISP operators but also large ISP/ICPs in China,'' said James Ding, CEO of AsiaInfo Holdings Inc. ``As the Internet in China continues to grow, more and more ISPs and ICPs will gain critical mass and the need for AsiaInfo's high-end software products. Our world-class software products and technologies will continue to set the standard to meet the demand.''
AsiaInfo's AIMC in China's ISP/ICP Market
8848.net (www.8848.net)
``E-commerce sites like 8848.net depend heavily on an email system for business transactions,'' said Zhi Tan, CEO of 8848.net. ``After careful evaluation of several messaging software products, we chose AsiaInfo's AIMC to not only provide free emails to our customers but also to serve as a platform for our e-commerce business transaction activities. AsiaInfo's AIMC software meets our need for messaging service,'' added Zhi Tan. ``It's one of the leading software products in the world that has high capacity, security, reliability, efficiency and flexibility. We are confident that AsiaInfo will not only provide world-class software but also excellent service support to us.''
Operated by Beijing Everest E-Commerce & Network Service Co. Ltd., 8848.net is the largest online sales web site in China. The web site caters to B2C as well as B2B businesses. Established on May 18, 1999, the web site's daily page view exceeds nine million with an average of 600 transactions conducted each day.
People's Daily Online (www.peopledaily.com.cn)
``We chose to establish an email system on our site to thrive in China's increasingly competitive environment. We must focus on delivering exceptional service and value to our customers,'' said Yaping Jiang, director of People's Daily Online. ``We believe that AsiaInfo will continue to deliver high quality products like AIMC to keep us ahead in the rapidly growing Internet market in China.''
Launched on Jan. 1, 1997, People's Daily Online has been recognized as China's foremost medium for disseminating information from China. One of the largest news web sites in China, People's Daily Online provides information from nine newspapers and six magazines published under the People's Daily to millions of visitors each day.
Xinhua News Agency (www.xinhua.org)
``Xinhua News Agency needed to streamline our communications throughout China and the world,'' said Yi Luo, director of Xinhua's Internet Services. ``Asiainfo's AIMC messaging software provides the most effective, problem-free means of keeping our people connected.''
Xinhua News Agency is the state news agency of the People's Republic of China and the largest news and information gathering and distribution center in the country. With a staff of over 7,000, Xinhua has bureaus in 32 Chinese provinces and more than 100 international locations. Recently the news agency has developed a satellite telecommunications network based in Beijing with relay points in Hong Kong, New York, Paris and London.
About AsiaInfo Holdings Inc.
AsiaInfo Holdings Inc. (Nasdaq:ASIA - news) is a leading provider of Internet infrastructure, total solutions and software in China, one of the world's fastest growing Internet markets. The company offers telecommunications service providers in China total network solutions for their Internet infrastructure requirements and develops proprietary software for Internet service providers, Internet content providers and telecommunications service providers.
Since it moved its operations from the U.S. to China in 1995, AsiaInfo has served as a chief architect of China's Internet infrastructure. AsiaInfo has been pioneering the development of China's Internet infrastructure by designing and building the first national commercial Internet backbone in China, ChinaNET, as well as the first provincial Internet backbone in China, GuangdongNET. The company is also building the other two national commercial Internet backbones in China: UniNET of China Unicom and CNCNET of China Netcom.
AsiaInfo develops, markets and supports real time, scalable and adaptable proprietary Internet software solutions tailored to meet the needs of clients in China. The company's customer management and billing software products meet the complex, mission-critical provisioning, accounting, reporting and marketing needs of Internet and telecommunications service providers. The company also offers carrier-scale-messaging products to Internet service providers in China. For more information about AsiaInfo, please visit www.asiainfo.com.
The statements in this news release contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from anticipated results. Further information on risk factors that could affect AsiaInfo's results of operation are detailed in AsiaInfo's registration statement, as filed with the Securities and Exchange Commission. A copy of the registration statement, including exhibits, may be reviewed at the Commission's public reference room at Judiciary Plaza, 450 Fifth Street, N.W., Washington, D.C. 20549. The registration statement and other company filings can also be reviewed by accessing the Commission's Internet site at sec.gov, which contains reports, proxy and information statements and other information regarding registrants that file electronically with the Commission.
-------------------------------------------------------------------------------- Contact:
Alexander Ogilvy Public Relations Worldwide (U.S.) Leslie Llewellyn, 415/923-1660 ext. 102 (Media) llewellyn@alexanderogilvy.com or AsiaInfo Holdings (U.S.) 408/970-0080 or Ogilvy Public Relations Worldwide (China) Adam Weiss, 8610-6443-6488 ext. 319 Adam.Weiss@ogilvy.com |