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AsiaInfo Expands Market Leadership in Business Intelligence System with Two New Customer Contracts

2007-04-02 14:54 841

Extends customer base to 15 China Mobile subsidiaries

BEIJING and SANTA CLARA, Calif., April 2 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA), a leading provider of telecom software solutions and IT security products and services, today announced it has signed contracts with China Mobile to develop Business Intelligence (BI) systems for China Mobile subsidiaries in Yunnan and Tibet.

(Logo: http://www.prnasia.com/sa/200611101947.jpg )

"Over the past several years, we have devoted ourselves to developing best-of-class BI solutions for our customers, and these two new customer wins are a testament to the success of our efforts," said Steve Zhang, AsiaInfo's President and CEO. "Adding these two China Mobile subsidiaries will further expand our leadership in China's BI market."

AsiaInfo's BI system has been successfully implemented in China Mobile's headquarters as well as 13 provincial subsidiaries. With the new deals, AsiaInfo's customer base will be extended to 15 China Mobile subsidiaries. The new systems are expected to service 13 million subscribers in Yunnan and 750 thousand subscribers in Tibet.

About BI and AsiaInfo's OpenBI Solution

Business intelligence, or BI, is a business management concept that first gained prominence in the 1980s. It embraces applications and technologies that are used to gather and analyze information about company operations. Business intelligence systems provide companies with a comprehensive knowledge of the factors that impact their business and help them make better business decisions by analyzing data from inside and outside the organization.

The concept is now widely accepted by telecom operators around the world, and the market for telecom operators' BI system is fast growing. According to the Yankee Group, telecom carriers worldwide, including wireline, wireless and cable operators, spent $4.4 billion on BI software, services and system integration last year. That figure is expected to rise by 18.2% to $5.2 billion in 2007, as BI plays a bigger role in the telecom industry. While North America and Europe remain the most well established markets for BI, demand for BI in the Asia Pacific region is on the rise.

In China, China Mobile, the world's largest mobile operator measured by subscribers, leads in the use of BI with more than 70% of the group's subsidiaries building their own data warehouses. The three other operators remain in the early stage of BI implementation, with only a handful of their subsidiaries building the necessary data warehouses.

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 proactively generate business operation reports, which serve as a basis for top management decisions.

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 April 2, 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 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 .

Source: AsiaInfo Holdings, Inc.
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