BEIJING and SANTA CLARA, Calif., Dec. 15 /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 entered into an agreement to build China Mobile’s content billing system
located at their headquarters.
(Logo: http://www.prnasia.com/sa/200611101947.jpg )
An important component of China Mobile’s overall telecom billing system,
the new content billing system will perform comprehensive analysis of
customer usage data and provide higher flexibility in handling content
billing related to data and value added services.
“We are excited about this opportunity to enhance China Mobile’s
content billing capabilities,” said Steve Zhang, President and CEO of
AsiaInfo. “When 3G becomes a reality, telecom carriers will look to expand
and differentiate their data services offerings. AsiaInfo’s new content
billing system will help prepare China Mobile to meet the demand in this
area.”
Mr. Zhang noted that demands on telecom billing systems continue to
increase as China’s carriers roll out new data service offerings in areas
such as music download, entertainment, WAP and mobile media.
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 15, 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 .
For more information, please contact:
For Investors:
Eileen Chu
AsiaInfo Technologies (China), Inc.
Tel: +86-10-8216-6017
Email: ir@asiainfo.com
For Media:
Rory Macpherson
Ogilvy Public Relations Worldwide
Tel: +86-10-8520-6553
Email: rory.macpherson@ogilvy.com