BEIJING
and
SANTA CLARA, Calif.
,
Jan. 7
/PRNewswire-Asia-FirstCall/ -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA) ("AsiaInfo" or "the Company"), a leading provider of telecom software solutions and IT security products and services in
China
, today announced it has signed contracts to build a 3G Business Management Platform ("the Platform") for eight of China Unicom's provincial subsidiaries including
Fujian
,
Hainan
,
Hunan
,
Qinghai
,
Shanghai
, Tibet,
Yunnan
and
Zhejiang
.
Utilizing the 3G Business Management Platform, China Unicom will have the means to coordinate its nationwide 3G sales and services. After retail outlets enter customer orders through its internal intranet system, the operator's headquarters will be able to analyze customer data, quantify subscriber numbers as well as provide a standardized charging mechanism.
AsiaInfo's President and Chief Executive Officer
Steve Zhang
commented, "The platform will enable China Unicom to efficiently manage 3G sales and services nationwide in order to provide a standardized offering and charging process. With heated competition in the telecom sector, operators are constantly searching for new ways to gain a competitive edge. Our world-class products and solutions will allow them to manage resources more effectively as well as provide a unified customer experience."
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. (NASDAQ: ASIA) is a leading provider of high-quality telecom software solutions and IT security products and services to some of
China's
largest enterprises, as well as many small and medium sized companies in
China
. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of IT security products and services in
China
with the acquisition of Lenovo's non-telecom related IT services business in 2004.
Organized as a
Delaware
corporation, AsiaInfo began operations in
the United States
in 1993. The Company moved its major operations to
China
in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of
China's
major national telecom carriers, including China Telecom, China Mobile and China Unicom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in
China
.
The information contained in this document is as of
January 7, 2010
. AsiaInfo 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'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; 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; 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, 2008
, and in our periodic reports on Forms 10-Q and 8-K filed with the United States Securities and Exchange Commission and available at http://www.sec.gov .
For investor and media inquiries, please contact:
In China:
Sheryl Zhang
AsiaInfo Holdings, Inc.
Tel: +86-10-8216-6039
Email: [email protected]
Justin Knapp
Ogilvy Financial, Beijing
Tel: +86-10-8520-6556
Email: [email protected]
In the United States:
Jessica Barist Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
Email: [email protected]
SOURCE AsiaInfo Holdings, Inc.
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