BEIJING and SANTA CLARA, Calif., Jan. 7 /PRNewswire-Asia-FirstCall/ --
AsiaInfo Holdings, Inc. (Nasdaq: ASIA) ("AsiaInfo" or "the Company"), a
leading provider of telecom software solutions and IT security products and
services in China, today announced it has signed contracts to build a 3G
Business Management Platform ("the Platform") for eight of China Unicom's
provincial subsidiaries including Fujian, Hainan, Hunan, Qinghai, Shanghai,
Tibet, Yunnan and Zhejiang.
Utilizing the 3G Business Management Platform, China Unicom will have the
means to coordinate its nationwide 3G sales and services. After retail outlets
enter customer orders through its internal intranet system, the operator's
headquarters will be able to analyze customer data, quantify subscriber
numbers as well as provide a standardized charging mechanism.
AsiaInfo's President and Chief Executive Officer Steve Zhang commented,
"The platform will enable China Unicom to efficiently manage 3G sales and
services nationwide in order to provide a standardized offering and charging
process. With heated competition in the telecom sector, operators are
constantly searching for new ways to gain a competitive edge. Our world-class
products and solutions will allow them to manage resources more effectively as
well as provide a unified customer experience."
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. (NASDAQ: ASIA) is a leading provider of
high-quality telecom software solutions and IT security products and services
to some of China's largest enterprises, as well as many small and medium sized
companies in China. An established leader in the Chinese telecommunications
industry, AsiaInfo became a prominent supplier of IT security products and
services in China with the acquisition of Lenovo's non-telecom related IT
services business in 2004.
Organized as a Delaware corporation, AsiaInfo began operations in the
United States in 1993. The Company moved its major operations to China in 1995
and played a significant role in the construction of the national backbones
and provincial access networks for all of China's major national telecom
carriers, including China Telecom, China Mobile and China Unicom. Since 1998,
AsiaInfo has continued diversifying its product offerings and is now a major
provider of telecom software solutions in China.
For more information about AsiaInfo, please visit http://www.asiainfo.com .
The information contained in this document is as of January 7, 2010.
AsiaInfo assumes no obligation to update any forward-looking statements
contained in this document as a result of new information or future events or
This document contains forward-looking information about AsiaInfo's
operating results and business prospects that involve substantial risks and
uncertainties. You can identify these statements by the fact that they use
words such as "anticipate," "estimate," "expect," "project," "intend," "plan,"
"believe," and other words and terms of similar meaning in connection with any
discussion of future operating or financial performance. Among the factors
that could cause actual results to differ materially are the following:
government telecommunications infrastructure and budgetary policy in China;
our ability to maintain our concentrated customer base; the long and variable
billing cycles for our products and services that can cause our revenues and
operating results to vary significantly from period to period; our ability to
meet our working capital requirements; our ability to retain our executive
officers; our ability to attract and retain skilled personnel; potential
liabilities we are exposed to because we extend warranties to our customers;
risks associated with cost overruns and delays; our ability to develop or
acquire new products or enhancements to our software products that are
marketable on a timely and cost-effective basis; our ability to adequately
protect our proprietary rights; the competitive nature of the markets we
operate in; political and economic policies of the Chinese government. A
further list and description of these risks, uncertainties, and other matters
can be found in our Annual Report on Form 10-K for the fiscal year ended
December 31, 2008, and in our periodic reports on Forms 10-Q and 8-K filed
with the United States Securities and Exchange Commission and available at
For investor and media inquiries, please contact:
AsiaInfo Holdings, Inc.
Ogilvy Financial, Beijing
In the United States:
Jessica Barist Cohen
Ogilvy Financial, New York
SOURCE AsiaInfo Holdings, Inc.