Enhanced BI Platform Provides Advanced Analysis Capabilities for Value-added Data Services
BEIJING and SANTA CLARA, Calif., Oct. 29 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA), a leading provider of telecom software solutions and IT security products and services in China, today announced that it has signed contracts with China Mobile's Hubei, Liaoning and Shanghai subsidiaries to implement a newly developed Business Intelligence (BI) subsystem to support wireless value added data services.
(Logo: http://www.prnasia.com/sa/200611101947-min.jpg )
"The highly competitive wireless value added services market is an important growth driver for our telecom operator customers," said Steve Zhang, president and chief executive officer of AsiaInfo. "By leveraging our industry leading BI expertise, AsiaInfo's enhanced Business Intelligence system gives operators the decision making capabilities they need to gain critical advantages over their competitors."
As a subsystem of AsiaInfo's leading Business Intelligence solution, the new system provides analytical decision making support and forecast capability for diverse value added data services such as Short Message Service (SMS), Multimedia Message Service (MMS), Wireless Application Protocol (WAP), Interactive Voice Response (IVR), Color Ring and Mobile Music.
About AsiaInfo's OpenBI Business Intelligence Solution
AsiaInfo's OpenBI is a carrier-class operating analysis and decision support system platform. With embedded technology such as data warehousing, online analytical process and data mining, OpenBI enables carriers to make management decisions based on analysis of customer behavior, competitive environment, business profitability and other parameters. The system is able to generate business operation reports proactively, which serve as a basis for top-level management decisions. The solution was successfully deployed in China Mobile's headquarters as well as 15 provincial subsidiaries.
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 .
The information contained in this document is as of Oct. 29th 2007. 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, 2006, and in our periodic reports on Forms 10-Q and 8-K (if any) filed with the United States Securities and Exchange Commission and available at http://www.sec.gov .
For more information, please contact:
For Investors:
Charles Zhang
AsiaInfo Technologies (China), Inc.
Tel: +86-10-8216-6039
Email: ir@asiainfo.com
For Media:
Will McCue
Ogilvy Public Relations Worldwide
Tel: +86-10-8520-6514
Email: william.mccue@ogilvy.com
