BEIJING, Nov. 22 /PRNewswire/ -- PacificNet Inc. (OTC Bulletin Board: PACT), a leading provider of e-commerce and gaming technology in China, announced today that its President and CEO, Mr. Victor Tong, will present at the Casino Affiliate Convention (CAC) at the Venetian Macau, November 21-22, 2008. Mr. Tong will give a presentation titled "Mobile Gaming and Lottery Technologies in Asia" covering PacificNet's experience in mobile gaming and lottery technology development in Asia.
"I am honored to be invited to present at the CAC gaming event," said Mr. Tong. "PacificNet management is happy to share our experience and success in mobile gaming and lottery product development strategy in Macau, China and Asia. And I am very excited to have in-depth discussion with other participants."
Mr. Tong also commented, "Based on forecasts from Juniper Research, revenue of global mobile gaming services will expand to USD$10.5 billion in 2009 from USD$3 billion in 2006. User scale will continue to grow rapidly in developing countries. In the coming 6 years, cumulative revenue will reach nearly USD$57 billion worldwide with the Asia-Pacific region accounting for a large share of this. From 2006 to 2011, cumulative revenue of the Asia-Pacific region is predicted to account for 38% of the global market share of mobile gaming revenue. We are excited about how rapidly mobile gaming is expanding and the huge market potential. Despite the worldwide economic slowdown, we are seeing impressive growth opportunities in China, Macau and Asia and steady demand for our products in mobile gaming, lottery and e-commerce."
The Casino Affiliate Convention is one of the largest events in the i-gaming industry covering affiliate marketing and advertising for the internet gaming industry, including poker and bingo. The two-day event includes keynote speeches, networking and a large trade show. For more information, please see http://www.cac2008.com .
About PacificNet iMobile
Headquartered in Beijing, PacificNet's iMobile subsidiary ( http://www.imobile.com.cn , http://www.18900.com & wap.17wap.com ) is the leading e-commerce portal for mobile phone hardware, software, games and accessories in China. iMobile is also the designated e-commerce service provider and operator for Nokia ( http://www.shop.nokia.com.cn ) and Motorola ( http://www.motostore.com.cn ) and is responsible for the design, operation, payment processing, customer services support hotline, CRM, and logistics services for Nokia and Motorola in China. In addition, PacificNet iMobile provides Internet, email, customer service, pre- and post-sale services, logistics and Cash On Delivery (COD) services to mobile consumers in China. iMobile's 18900.com e-commerce operations combine online internet services with its offline customer services network comprised of a nationwide chain of logistics and customer service centers covering 21 provinces and 40 major cities in China including Beijing, Shanghai, Chongqing, Tianjin, Chengdu, Dalian, Qingdao, Guangzhou, Shenzhen, Zhuhai, Dongguan, Hangzhou, Suzhou, Ningbo, Wenzhou, Nanjing, Wuhan, Xi'an, Harbin, Qiqihaer, Hunan and Changsha (*List of iMobile's distribution network in China: http://www.motostore.com.cn/help/city.html ). iMobile has developed into the largest online mobile phone sales company in China and has partnered with Sina, NetEase, China.com, joyo.com, and 263.net on e-commerce cooperation. iMobile's 18900.com operation is the designated Internet distributor for Motorola, Nokia, and various other mobile products in China.
About PACT
PacificNet (OTCBB: PACT.OB) is a leading provider of gaming and mobile game technology worldwide with a focus on emerging markets in Asia, Latin America and Europe. PACT's gaming products are localized to their specific markets creating an enhanced user experience for players and larger profits for operators. PACT's gaming clients include the leading hotels, casinos, and gaming operators in Macau, Europe and elsewhere around the world. PACT employs about 500 staff in its various subsidiaries with offices in the US, Philippines, Hong Kong, Macau, China.
