AsiaInfo to Upgrade China Mobile BI Systems to Phase-II NG-BASS in 3 Provinces
BEIJING and SANTA CLARA, Calif., Feb. 10 /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 that it has signed contracts to upgrade China Mobile's Business Intelligence ("BI") systems to Next Generation Business Analysis Support System ("NG-BASS" or "the system") phase II for Liaoning, Shanghai and Zhejiang province.
"AsiaInfo's Phase-II NG-BASS upgrade will provide China Mobile with a stronger and more flexible data collection, storage and analysis service," said AsiaInfo President and Chief Executive Officer Steve Zhang. "This is especially important as competition among operators intensifies and the advent of 3G is heralding the need for sophisticated IT solutions to support operators' latest product offerings. This upgrade also includes a more scalable data warehousing platform with user-friendly data mining and online analytical applications that give the operator access to highly organized, real-time subscriber data."
Phase-II NG-BASS is being built to optimize data analysis capability and support China Mobile's fully bundled service offering of fixed, broadband and wireless services. The system will also include expanded data storage capacity, enable more detailed internal management of data and help China Mobile design more effective and targeted sales and marketing campaigns.
AsiaInfo currently has BI systems installed at 15 of 31 China Mobile subsidiaries.
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.
For more information about AsiaInfo, please visit http://www.asiainfo.com .
The information contained in this document is as of February 10, 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:
Ms. Jessica Barist Cohen
Ogilvy Financial, New York
Tel: +1-646-460-9989
Email: [email protected]
SOURCE AsiaInfo Holdings, Inc.
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