omniture

PacificNet Beijing to Host Mobile Delegation with Hong Kong Wireless Development Center and HKTDC

2007-10-25 16:36 2570


BEIJING, Oct. 25 /Xinhua-PRNewswire/ -- PacificNet, Inc. (Nasdaq: PACT), a leading provider of CRM, gaming and ecommerce services in China, announced today that it will host a VIP delegation from Hong Kong, jointly organized by the Hong Kong Trade Development Council (HKTDC, http://www.tdctrade.com ) and the Hong Kong Wireless Development Center (HKWDC, http://www.hkwdc.org ) on October 26, 2007 at the PacificNet Beijing headquarters. This VIP mission is part of the PT/ExpoComm Beijing event designed to help explore mobile business opportunities in China.

The delegation consists of VIP delegates from 15 companies and organizations covering a wide spectrum of the wireless technology sector. The main objective of the delegation is to foster partnerships with wireless industry players in Mainland China and to understand the latest wireless technology and market development. During the visit, PacificNet’s mobile e-commerce and mobile games units, iMobile, 18900.com, and the WAP.MOABC.COM mobile game portal, will present their mobile technology and marketing strategy to the delegation, including their current business developments and challenges as well as sharing experiences with the delegation.

Liu Lei, President of PacificNet iMobile, said "We are delighted to host this event with HKTDC and HKWDC. As a subsidiary of PacificNet, iMobile currently has about 200 staff in China and operates its e-commerce business via two internet portals, http://www.iMobile.com.cn and http://www.18900.com , as well as a WAP portal, 17wap.com, for mobile phone browsing. iMobile has the largest mobile user community in China, with over 3.4 million registered users while 18900.com is the leading Internet e-commerce distributor of mobile products in China with logistics centers and partners covering 25 provinces and 72 major cities throughout China. In addition, 18900.com is the designated internet distributor for Motorola, Nokia and NEC’s mobile products in China. HKTDC and HKWDC are the leading wireless organizations in Hong Kong and we look forward to further mutual understanding and cooperation."

About HKTDC

The Hong Kong Trade Development Council (HKTDC, http://www.tdctrade.com ) is the global marketing arm and service hub Hong Kong-based manufacturers, traders and service exporters. It has more than 40 offices around the world. Its activities are especially geared to small and medium-sized enterprises (SME’s), the chief drivers of Hong Kong’s trade with a wide range of practical, relevant services that are easy to access and easy to use as well as targeted promotional activities in international markets. HKTDC facilitates and enhances efforts by Hong Kong-based companies to sell, produce and source around the world. Many HKTDC services are free.

About HKWDC

The Hong Kong Wireless Development Centre (HKWDC, http://www.hkwdc.org ) was assembled by the Hong Kong Wireless Technology Industry Association (WTIA) as a flagship project to disseminate the awareness, development and usage of wireless application technology in Hong Kong. It is as a regional wireless and mobile applications hub in Asia Pacific to attract investments and talents from around the world. It has acquired support from the Innovation and Technology Fund (ITF), HKSAR, quasi-government organizations, and many parties in the wireless industry. The HKWDC occupies a 3000 square feet building featuring a well-equipped software development suite and a spacious product display area at Cyberport, a symbolic representation of leading edge Information Technology (IT) in Hong Kong

About PacificNet

PacificNet, Inc. ( http://www.PacificNet.com ) is a leading provider of gaming and mobile game technology, e-commerce, and Customer Relationship Management (CRM) in China. PacificNet’s gaming products are specially designed for Chinese and Asian gamers with focus on integrating localized Chinese and Asian themes and content, advanced graphics, digital sound effects and popular domestic music, with secondary bonus games and jackpots. PacificNet gaming products include: Multi-player Electronic Table Games - Baccarat, Sicbo, Fish-Prawn-Crab, and Roulette machines, Server-Based Games (SBG) with multiple client betting stations, slot and bingo machines, Video Lottery Terminals (VLTs), Amusement With Prizes (AWP) machines, gaming cabinet and client/server system designs, online i-gaming software design, and multimedia entertainment kiosks. PacificNet’s gaming clients include the leading hotels, casinos, and gaming operators in Macau, Asia, and Europe, while ecommerce and CRM clients include the leading telecom companies, banks, insurance, travel, marketing and business services companies and telecom consumers in Greater China such as China Telecom, China Mobile, Unicom, PCCW, Hutchison Telecom, Bell24, Motorola, Nokia, SONY, TCL, Huawei, American Express, Citibank, HSBC, Bank of China, Bank of East Asia, DBS, TNT, China and Hong Kong government. PacificNet employs about 1,200 staff in its various subsidiaries throughout China with offices in Hong Kong, Beijing, Shanghai, Shenzhen, Guangzhou, Macau and Zhuhai China, USA, and the Philippines.

PacificNet’s iMobile subsidiary ( http://www.imobile.com.cn and http://www.18900.com ) is the leading internet e-commerce distributor of mobile products in China. They provide Internet, email, customer service centers, 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 composed of a nationwide chain of logistics and customer service centers in 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, Xian, Harbin, Qiqihaer, Hunan and Changsha. 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 NEC’s mobile products in China.

Safe Harbor Statement

This Company’s announcement contains forward-looking statements. We may also make written or oral forward-looking statements in our periodic reports to the SEC on Forms 10-K, 10-Q, 8-K, etc., in our annual report to shareholders, in our proxy statements, in press releases and other written materials and in oral statements made by our officers, directors or employees to third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, PacificNet’s historical and possible future losses, limited operating history, uncertain regulatory landscape in China, and fluctuations in quarterly and annual operating results. Further information regarding these and other risks is included in PacificNet’s Form 10K and other filings with the SEC.

For more information, please contact:

PacificNet USA office:

Jacob Lakhany

Tel: +1-605-229-6678

PacificNet Beijing office:

Becky Zhao

Tel: +86-10-5922-5000

Email: investor@pacificnet.com

23rd Floor, Building A, TimeCourt, No.6 Shuguang Xili, Chaoyang District,

Beijing, China 100028

PacificNet Shenzhen Office:

Alin Chen

Tel: +86-755-3322-2088

Room 4203, JinZhongHuan Business Center, Futian District,

Shenzhen, China 518040

PacificNet Macau office:

Tel: +853-2870-4154

Unit A-C, 12th Floor, Edificio Commercial I Tak, No. 126, Rua Da Pequim,

Macau, China.

Source: PacificNet, Inc.
Related Stocks:
NASDAQ:PACT
collection