AsiaInfo-Linkage Signs NG-BOSS 3.0 Upgrade Contracts
BEIJING and SANTA CLARA, Calif., Feb. 14, 2011 /PRNewswire-Asia-FirstCall/ -- AsiaInfo-Linkage, Inc. (Nasdaq: ASIA) ("AsiaInfo-Linkage" or the "Company"), a leading provider of communications software solutions and related services, today announced that it has signed Next Generation (NG) BOSS 3.0 system upgrade contracts with Shanghai Mobile, Zhejiang Mobile, Henan Mobile, Liaoning Mobile and Guizhou Mobile, all subsidiaries of China Mobile, the largest telecommunications operator in the world.
"The signing of these NG-BOSS 3.0 upgrade contracts illustrate China Mobile's continuous need for cutting edge IT solutions that transform the relationship and expand customer service capabilities," said AsiaInfo-Linkage President and Chief Executive Officer Steve Zhang. "Competition between China's telecom carriers only continues to intensify and this competition is driving the demand for our best-of-class billing and customer relationship management software. We will continue to sign upgrade contracts with China Mobile's provincial entities throughout 2011 as the carrier is keen to provide direct and value-added services to their customers by investing in enhancements to their data analytics and IT systems."
For the past two years, AsiaInfo-Linkage has worked on China Mobile's NG-BOSS Phase-I rollout, or version 1.0, before signing contracts to upgrade NG-BOSS systems to version 2.0, which primarily took place in early 2010. The Company continues to make progress in the signing of additional contracts to upgrade NG-BOSS systems to version 3.0 in order to provide a more comprehensive bundled solution, enhance TD-SCDMA functionality and allow the operator to better serve its customers.
AsiaInfo-Linkage currently provides NG-BOSS systems for 18 of 31 China Mobile subsidiaries.
About AsiaInfo-Linkage, Inc.
AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) is a leading provider of high-quality software solutions and IT services in China's telecommunications industry. Following the merger between AsiaInfo and Linkage on July 1, 2010, AsiaInfo-Linkage leverages both AsiaInfo's and Linkage's leading market positions and complementary customer bases to provide a robust, comprehensive service offering primarily to China's telecom operators. AsiaInfo-Linkage's world-class R&D capabilities and extensive base of highly skilled engineers provide best-of-class solutions to help customers differentiate themselves from the competition.
For more information about AsiaInfo-Linkage, please visit www.asiainfo-linkage.com.
Cautionary Note Regarding Forward-Looking Statements
The information contained in this document is as of February 14, 2011. AsiaInfo-Linkage assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments.
This document contains forward-looking information about AsiaInfo-Linkage's operating results and business prospects that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: government telecommunications infrastructure and budgetary policy in China; our ability to maintain our concentrated customer base; our ability to successfully integrate the business of Linkage into ours; the long and variable billing cycles for our products and services that can cause our revenues and operating results to vary significantly from period to period; our ability to meet our working capital requirements; our ability to retain our executive officers; our ability to attract and retain skilled personnel; potential liabilities we are exposed to because we extend warranties to our customers; risks associated with cost overruns and delays; our ability to develop or acquire new products or enhancements to our software products that are marketable on a timely and cost-effective basis; our ability to adequately protect our proprietary rights; the competitive nature of the markets we operate in; and political and economic policies of the Chinese government. A further list and description of these risks, uncertainties, and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2009, and in our reports on Forms 10-Q and 8-K filed with the United States Securities and Exchange Commission and available at www.sec.gov.
For more information about AsiaInfo-Linkage, please visit www.asiainfo-linkage.com. |
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For investor and media inquiries, please contact: |
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In China: |
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Mr. Jimmy Xia |
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AsiaInfo-Linkage, Inc. |
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Tel: +86-10-8216-6039 |
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Email: [email protected] |
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Mr. Justin Knapp |
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Ogilvy Financial, Beijing |
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Tel: +86-10-8520-6556 |
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Email: [email protected] |
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In the United States: |
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Ms. Jessica Barist Cohen |
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Ogilvy Financial, New York |
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Tel: +1-646-460-9989 |
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Email: [email protected] |
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SOURCE AsiaInfo-Linkage, Inc.
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