BEIJING and SANTA CLARA, Calif., Jan. 14 /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 that it has been selected to build Business Operation Support System ("BOSS") and Business Intelligence ("BI") System as well as provide additional software and services, such as security support, network integration and monitoring, for China Mobile's southern-based IT center in Guangzhou.
In order to decrease infrastructure costs and improve the efficiency in which China Mobile is able to monitor and maintain the IT systems of its provincial subsidiaries, the operator has embarked on a long-term strategy to centralize the IT-related systems of its western provincial subsidiaries into a southern-based IT center in Guangzhou. In the next three to five years, the carrier is expected to centralize its provincial BOSS, Operational Support Systems ("OSS") and BI systems, research and development, training and communications and additional IT data, into these two centers.
"We are excited to support this strategic initiative and play an integral role in the development of China Mobile's southern-based IT center," said Steve Zhang, AsiaInfo's president and chief executive officer. "It is a significant contract win as we are in the early stages of development and laying a strong foundation for future collaboration on additional projects. By leveraging our nationwide network and extensive experience in developing China Mobile's IT systems, I'm confident that we are well-positioned to assist additional provinces in their effort to migrate and integrate with the centralized IT centers."
Under the terms of the contract, AsiaInfo will also migrate Tibet Mobile's BOSS and BI systems and integrate China Mobile Peoples Telephone Company's BOSS and BI systems into the southern-based IT center.
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 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, China Unicom and China Netcom. 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 .
Safe Harbor Statement
The information contained in this document is as of January 14, 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 developments.
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 reports on Forms 10-Q and 8-K (if any) filed with the United States Securities and Exchange Commission and available at www.sec.gov.
For investor and media inquiries, please contact: In China: Sheryl Zhang AsiaInfo Holdings, Inc. Phone: +86-10-8216-6039 Email: firstname.lastname@example.org Justin Knapp Ogilvy Financial, Beijing Phone: +86-10-8520-6556 Email: email@example.com In the United States: Ms. Jessica Barist Cohen Ogilvy Financial, New York Phone: +1-646-460-9989 Email: firstname.lastname@example.org
SOURCE AsiaInfo Holdings, Inc.