Jingwei International Announced Strategic Business Partnering Agreement with Zhejiang China Unicom

The agreement is for an initial term of 3 years; and is renewable by mutual consent. Under the agreement, Jingwei will design, build and operate the mobile and MVAS Society Channel and marketing support platform for Zhejiang China Unicom. With the deployment of this platform and participation in its daily operation, Jingwei will enjoy a share of the revenues derived from sales and service contracts generated from the channel depots supported by the system.  

Commenting on the announcement, George Du, President and Chairman of Jingwei said, "We are delighted to be the partner of choice on this strategic initiative for Zhejiang China Unicom to capitalize on the robust growth of mobile and MVAS applications to efficiently and profitably grow their business."

Rick Luk, Chief Executive Officer of Jingwei, said "Today's announcement signals another significant milestone in the development of Jingwei as this agreement is expected to translate to attractive recurring revenue to strengthen our business." Mr. Luk continued, "More importantly, this not only serves as another testimonial for our technology and market leadership, following a similar system we deployed for Guangdong China Unicom last year, it further reinforces our established, long term relationships with a premier telecommunications carrier in China."

About Jingwei International

Jingwei International Limited ("Jingwei" or the "Company") is a leading provider of data mining, interactive marketing and software services in China. By leveraging its proprietary database of over 400 million consumer profiles, Jingwei helps companies to more effectively reach their target audiences. To capitalize on China's rapid growth in mobile, Internet and e-Commerce applications, Jingwei has focused on enhanced data mining offerings that encompass interactive marketing, bundled mobility solutions and mobile value added services.  The Company's software services include business intelligence ("BI"), billing and operations support ("BSS/OSS"), and customer relationship management ("CRM") solutions for Chinese telecom operators and power companies. For more information, please visit the Company's web site: http://www.jingweicom.com.

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