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PacificNet's Latest Take1 Electronic Slot Machines and AWP Machines Receive Rave Reviews and Trial Order by Leading Slot and AWP Operators in Europe

2007-01-10 18:43 1687

Company Receives Trial Order By Leading European Slot and Amusement With Prizes (AWP) Operators

BEIJING, Jan. 9 /Xinhua-PRNewswire/ -- PacificNet, Inc. (Nasdaq: PACT), a

leading provider of Customer Relationship Management (CRM), mobile internet,

e-commerce and gaming technology in China, announced today that its Take1

Technologies ("Take1") subsidiary has introduced a new line of slot machine

gaming products: Take1 Electronic Slot and Amusement With Prizes (AWP)

Machines. The electronic slot and AWP machines were given positive reviews

upon their initial presentation to slot and AWP operators in Europe.

PacificNet's Take1 subsidiary has been in the business of designing and

manufacturing electronic multimedia entertainment kiosks, coin-op kiosks and

machines, 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, client-server systems

and cabinets. PacificNet's Take1 subsidiary is based in Hong Kong with

offices and a hardware manufacturing facility located in Shenzhen, China.

Software for Take1 bingo machines is co-developed by PacificNet's software

outsourcing unit, Pacific Solutions Technology, a CMM Level 3 certified

software development center with over 200 software programmers located in

Shenzhen, China. Recent regulation changes in several European countries have

opened the doors to more widespread electronic slot operators and PacificNet's

Take1 subsidiary has had success in entering the European market as a provider

of electronic slot machines.

"We are delighted to unveil our newest slot machine and AWP gaming

products from our Take1 subsidiary after two years of research and development

on this product line," said Tony Tong, Chairman and CEO of PacificNet.

"Electronic slot and AWP machines are a big hit with slot operators and AWP

operators in Europe, because of their increased revenues and efficiencies, and

players, because of their ease of use, faster games and fun features. Several

major slot and AWP operators in Europe have tested our electronic slot and AWP

machines and their response was overwhelmingly positive. These machines are

also a good fit with our new Asian gaming focus. I am very happy with the

synergy shown by our subsidiary companies who worked together to come up with

this product and we are very excited to get them on the market. With our new

focus on gaming technology, we will continue to pursue becoming a leading

provider of electronic multi-player gaming machines, slot machines and bingo

machines to the casino operators and gaming industry in Asia and Europe. We

believe we have the right gaming products, software and hardware expertise,

high quality and cost effective gaming machine manufacturing facilities in

China, as well as the right channels and partnerships that are necessary to

succeed in this market."

About Take1 Technologies

Take1 Technologies ( http://www.take1technologies.com ), a member of PacificNet group, is in the business of designing and manufacturing electronic multimedia entertainment kiosks, coin-op kiosks and machines, 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, client-server systems and cabinets. Take1 is a leading designer, developer and manufacturer of multimedia entertainment and communication kiosk products including photo and video entertainment kiosks, digital camera photo development stations, multimedia messaging services (MMS) and mobile content download stations for mobile phones, and other coin-operated peripherals and consumables. Take1 Technologies is based in Hong Kong and markets and distributes its products around the world including the USA, Canada, Mexico, Europe, China, and Southeast Asia.

About PacificNet

PacificNet Inc. ( http://www.PacificNet.com ) is a leading provider of

Customer Relationship Management (CRM), mobile internet, e-commerce and gaming

technology in China. PacificNet's clients include the leading telecom

companies, banks, insurance, travel, marketing and business services companies

and telecom consumers in Greater China. PacificNet's corporate clients include

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, Hong Kong Government, and leading hotel-

casinos in Macau and Asia. PacificNet employs over 1,400 staff in its various

subsidiaries throughout China with offices in Hong Kong, Beijing, Shenzhen,

Guangzhou, Macau, and branch offices in 28 provinces in China and has

headquarters in Beijing and Hong Kong.

Safe Harbor Statement

This Company's announcement contains forward-looking statements.

Statements that are not historical facts, including statements about our

beliefs and expectations, are forward-looking statements. Forward-looking

statements involve inherent risks and uncertainties. Potential risks and

uncertainties include, but are not limited to, PacificNet's possible future

losses, uncertain regulatory landscape in China, and fluctuations in quarterly

operating results. Further information regarding these and other risks is

included in PacificNet's Form 10KSB and other filings with the SEC.

Contact:

PacificNet USA office: Jacob Lakhany, Tel: +1-605-229-6678

PacificNet Beijing office: Ada Yu, Tel: +86 (10) 59225000

PacificNet Shenzhen office: Room 4203, Jinzhonghuan Business Building,

Futian District, Shenzhen, China. Postal Code: 518040

Source: PacificNet, Inc.
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