PacificNet Games to Unveil New Gaming Product Lines at the Global Gaming Expo (G2E) Asia in Macau on June 13-14

2007-06-06 09:23 808

-- PacificNet to Present at the Global Interactive Gaming Summit & Expo,

June 5-7, Montreal, Canada

MACAU, China, June 6 /Xinhua-PRNewswire/ -- PacificNet Inc. (Nasdaq: PACT),

a leading provider of gaming and mobile game technology,

e-commerce, and Customer Relationship Management (CRM) in China, announced

today that its subsidiary Pacificnet Games (PactGames) will be exhibiting its

Asian gaming technology products at the Global Gaming Expo (G2E) in Macau on June 13-14, in Booth 307 & 308 at the Macau

Tower Convention & Entertainment Centre in Macau SAR, People's Republic of

China. Concurrently, PactGames will host a cocktail reception for the opening

of its new Macau office as well as making private presentations on its latest

Asian gaming products at its showroom in Macau which is right next to the

Landmark Hotel.

From the organizers of the Global Gaming Expo (G2E), the world's premier

gaming event, the G2E Asia offers a rare opportunity to see the latest gaming

products from the largest selection of manufacturers and suppliers in Asia

including IGT Asia, Aristocrat Technologies, PactGames, WMS, Shuffle

Master/Stargames, Bally Technologies, Konami Australia, as well as others.

Networking and sharing ideas on current gaming issues will be a focus of the

event, as will the exhibit and showcasing of new gaming products for the Asian

market. The G2E Asia is the premier showcasing event for Asian gaming products,

as the G2E in Las Vegas is the premier event for Western gaming.

"I am happy to have been invited to speak at this event and share our

experience and expertise on the growing needs and trends of the Asian gamers,"

said Victor Tong, President of PacificNet. "As Asia has evolved to be the

fastest growing gaming market, we believe this is a great opportunity for us

to share our vision and showcase our Asian-themed gaming products to other key

players in the gaming industry. The Asian gaming market in Macau is growing at

an amazing rate and, according to the Macau government, the number of visitors

is expected to double by 2010. As such, we believe there will be a growing

need for Asian-themed games in the near future, and we believe our games will

better meet the needs and wants of Asian gamers."

Also this week, PacificNet's President, Mr. Victor Tong, will be making a

presentation on the topic of designing games for Asian players, at 9.30 am on

June 7, at the Ninth Annual Global Interactive Gaming Summit & Expo, June 5-7

( ), at the Palais des Congres, Montreal, QC, Canada.

The Global Interactive Gaming Summit draws I-gaming companies from over 60

countries. The three day conference and tradeshow includes the exploration of

current events in the industry, stimulating debates, seminars, exhibits, and

networking sessions. The summit draws presenters and attendees from some of

the leading companies in the gaming industry, including Microgaming, Playtech,

CryptoLogic, WagerWorks (An IGT company), First Cagayan, etc. For more

information on this event, please see

As of the end of 2006, Macau (a Special Administrative Region of the

People's Republic of China) has become the largest and fastest-growing gaming

market in the world, and has surpassed the Las Vegas Strip in total revenues.

According to statistics provided by Macau government, in 2006, Macau's gaming

revenues exceeded US$7 billion (MOP 56.2 billion patacas), surpassing the Las

Vegas Strip gaming revenues of US$6.6 billion. Macau borders Zhuhai City of

Guangdong Province of China, one of the country's wealthiest and most

developed regions and is an hour away from Hong Kong via ferry. In 2006, the

number of tourists visiting Macau reached an all-time record of 22 million, an

increase of 17 percent compared with 2005, of which 55%, or 12 million

visitors, were from mainland China. At the end of 2006, there were 22 casinos,

83 hotels and similar establishments in Macau with close to 13,000 rooms. By

2010, the number of tourists is expected to nearly double to almost 30 million

visitors per year. Approximately one billion people live within a three-hour

flight of Macau. Numerous hotels, gaming, and other projects are in the works

in Macau which are expected to add over 10,000 guest rooms and over 20,000

live entertainment seats in eight separate venues. The number of hotel-casinos

in operation and in development in Macau continues to grow, including well-

known Chinese names such as Galaxy and Melco, and famous Las Vegas names such

as the Sands, the Venetian, Wynn Resort and Crown Macau. With the disposable

income of the average Chinese on the rise, Macau's gaming and entertainment

market is expected to grow for years to come. Macau is the only area in China

where gambling is legal.

About PacificNet

PacificNet, Inc. ( 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 e-commerce 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.

Gaming Products:

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's gaming products


-- Multi-player Electronic Table Games: Baccarat, Sicbo, Fish-Prawn-Crab,

and Roulette Machines, server based games (SBG) with multiple client

betting stations.

-- Slot Machines

-- Bingo and Keno Machines

-- Video Lottery Terminals (VLTs)

-- Server-Based Gaming Machines (SBG)

-- Amusement With Prizes (AWP) Machines

-- Online i-Gaming Software Development

-- Client-Server Gaming Systems

-- CMM Level 3 Certified Gaming Software Development Center in China with

200 Professional Software Developers

-- Gaming Systems, Cabinet Design and Sales, Parts Sales, OEM Games. We

design and sell gaming machine cabinets, replacement parts.

PacificNet's Business Units:

1. Gaming Technology: Electronic Gaming Machines, Mobile Games, i-Gaming


2. Legacy Business: CRM, E-commerce and Telecom Products

PacificNet's Major Operation Subsidiaries:

-- PacificNet Games Limited (PacGames), is a leading provider of Asian

multi-player electronic gaming machines, gaming technology solutions,

gaming related maintenance, IT and distribution services for the

leading hotel, casino and slot hall operators based in Macau, China and

other Asian gaming markets.

-- Take1 Technologies (, is in the

business of designing and manufacturing electronic multimedia

entertainment kiosks, coin-op kiosks and machines, Electronic Gaming

Machines (EGM), bingo and slot machines, AWP (Amusements With Prizes)

games, server-based downloadable games systems, and Video Lottery

Terminals (VLT) such as Keno and Bingo machines, including hardware,

software, and cabinets.

-- Pacific Solutions Technology, is a CMM Level 3 certified software

development center with over 200 software programmers located in

Shenzhen, China, and specializes in the development of client-server

systems, internet e-commerce software, online and casino gaming systems

and slot machines, as well as banking and telecom applications using

Microsoft Visual C++, Java, and other rapid application development


-- PacificNet Epro ( CRM Call Center and

Customer Services Outsourcing

-- PacificNet Clickcom (, :


-- Guangzhou Wanrong ( VAS, SP, (SMS,MMS,IVR,WAP,

Java Games)

-- PacificNet Communications Limited, iMobile, (,,

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:

Ada Yu, Tel: +86 (10) 59225000

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

Beijing, China 100028

PacificNet Shenzhen Office:

Tel: +86 (10) 33222088

Room 4203, JinZhongHuan Business Center, Futian District, Shenzhen, China


PacificNet Macau office:

Tel: +853 28704154

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

Macau, China.

Source: PacificNet, Inc.
Related Stocks: