BEIJING/SANTA CLARA, Calif, Dec. 22 /Xinhua-PRNewswire-FirstCall/ --
AsiaInfo Holdings, Inc. (Nasdaq: ASIA), a leading provider of telecom
software solutions and IT security products and services, today announced
that it has signed a contract to develop Phase III of Beijing Mobile’s
Business Intelligence (BI) system. The Phase III BI project will enhance
Beijing Mobile’s competitive capabilities by improving data quality,
broadening subject domain applications to enable Beijing Mobile to offer more
personalized services.
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“AsiaInfo’s leading business intelligence systems help telecom
operators analyze their user data and develop services tailored to customer
needs,” said Steve Zhang, President and Chief Executive Officer of AsiaInfo.
“We have been investing in business intelligence R&D for several years now
and our BI systems and service guarantees are world class. Currently our BI
systems support more than 150 million users and over 15 terabytes of data.”
Mr. Zhang also noted that AsiaInfo’s BI system has been successfully
deployed for 13 of China Mobile’s provincial subsidiaries.
As a leading telecom operator in China, Beijing Mobile’s business and
user volume has increased significantly in recent years and the operator is
expected to reach 14 million users by the end of 2007. A sophisticated BI
system that provides in depth analysis of market and user data is integral to
servicing such a large user base. Prior to this agreement, AsiaInfo
successfully constructed Phase I and II of Beijing Mobile’s BI system
establishing a unified data platform and nine major analytical functions.
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. (Nasdaq: ASIA) is a leading provider of high-
quality telecom software solutions and 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 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 December 22, 2006.
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
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, 2005, 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 .