Pacific Internet Hong Kong Acquires Services-Based Operator (SBO) Licence

Pacific Internet Limited

2007-05-23 13:54 3427

Critical milestone achieved for entry into the IP Telephony Market in Hong Kong

HONG KONG, May 22 /Xinhua-PRNewswire-FirstCall/ -- Pacific Internet (Hong Kong) Limited, the wholly-owned subsidiary of Pacific Internet Limited (Nasdaq:PCNTF), Asia Pacific's largest telco-independent Internet Communications Solutions Provider (ICSP) by geographic reach, today announced that it has acquired the Services-Based Operator (SBO) Licence with the regular eight-digit, prefixed "5800", Hong Kong telephone numbers from the Office of the Telecommunications Authority (OFTA) of Hong Kong.

(Logo: http://www.prnasia.com/sa/200705081123-min.jpg )

"Securing the SBO Licence marks a critical milestone for Pacific Internet Hong Kong to be a next-generation IP communications service provider. Aligned with the business development goals of the Pacific Internet Group, the SBO Licence acquisition will facilitate the extension of our business-grade IP telephony solution, PacNet Vocal, in Hong Kong, following the regional rollout in Singapore, the Philippines, India and Thailand. Pacific Internet Hong Kong will bring such quality-assured regional services to the market by empowering Hong Kong enterprises." said Eddy Kuk, Managing Director of Pacific Internet Hong Kong.

Mr. Phey Teck-Moh, President and Chief Executive Officer of Pacific Internet Limited, said, "PacNet Vocal is Asia Pacific's business-grade IP Voice Service that covers eight countries. When this IP telephony solution is offered in Hong Kong, enterprises will experience the unprecedented levels of value to their businesses, both locally and internationally. Having launched the service in other regional markets, our entry into Hong Kong's IP telephony market will further strengthen the highly competitive IP voice network spanning the Asia Pacific region and reinforce our regional strategy to be the leading provider of converged Internet communication services across our territories. "

About Pacific Internet (Hong Kong) Limited

Pacific Internet (Hong Kong) Limited ("Pacific Internet") is a wholly owned subsidiary of NASDAQ-listed Pacific Internet Limited (NASDAQ: PCNTF). Pacific Internet offers the full range of IP-based communications solutions, including data, voice, security, messaging, remote access, hosting and cross border connectivity for business users in Hong Kong and Greater China. A pioneer ICSP, founded in 1993, Pacific Internet has grown into one of the country's next-generation IP communication solutions provider and has built a solid reputation in providing superb customer experience to business users, backed by a strong financial position and proven success. To learn more about Pacific Internet, please visit: www.pacific.net.hk .

About Pacific Internet Limited

Pacific Internet Limited or PacNet (NASDAQ: PCNTF) is the largest telco-independent Internet Communications Service Provider by geographic reach in the Asia Pacific region. The Company has direct presence in Singapore, Hong Kong, the Philippines, Australia, India, Thailand and Malaysia. PacNet delivers a comprehensive suite of data, voice and video services to both corporate business and consumer customers. For more information, visit www.pacnet.com .

Cautionary Statement

Statements made in this press release with respect to Pacific Internet's current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Pacific Internet. Forward-looking statements include but are not limited to those using words such as "seek", "expect", "anticipate", "estimate", "believe", "intend", "project", "plan", "strategy", "forecast" and similar expressions or future or conditional verbs such as "will, "would", "should", "could", "may" and "might". These statements reflect management's current expectations, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. They are subject to a number of risks and uncertainties, including but not limited to (i) changes in the economic, regulatory and political environments in the countries where Pacific Internet operates; (ii) changes and developments in technology and the Internet marketplace; (iii) Pacific Internet's continued ability to develop and win acceptance of its products and services, which are offered in highly competitive markets; (iv) the success of its joint ventures and alliances; (v) exchange rates, particularly between the Singapore dollar and the U.S. dollar and other currencies in which Pacific Internet makes significant sales or in which its assets and liabilities are denominated; and (vi) the outcome of contingencies. In light of the many risks and uncertainties surrounding the Internet marketplace, the actual results could differ materially from those discussed in the forward-looking statements. Pacific Internet assumes no obligation to update any such statements.

Media Contact:

Ms Selina Y. Chui

Senior Manager, Marketing

Pacific Internet Hong Kong

Tel: +852-2335-3690

Fax: +852-3018-1038

Email: selina.chui@pacific.net.hk

Customer Enquiries:

Corporate Service Hotline

Pacific Internet Hong Kong

Tel: +852-2620-1880

Fax: +852-2719-8469