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AsiaInfo's Billing Software Selected for China Netcom's National VoIP Backbone; AIOBS VoIP Software Drives China into the Future of IP- Telephony.


Business Editors/High-Tech Writers

BEIJING/SANTA CLARA CLARA Clairemont Amateur Radio Association , Calif.--(BUSINESS WIRE)--May 30, 2000

AsiaInfo Holdings, Inc. (Nasdaq:ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. ), a leading provider of Internet infrastructure solutions and software products in China, announced today that its VoIP billing software, AIOBS VoIP, has been selected by China Netcom China Netcom, full name China Netcom Group Corporation (Hong Kong) Limited, abbreviated CNC, was originally formed in August 1999 by the People's Republic of China government to enable inward investments to build high speed Internet communications in the country.  (CNC (Computerized Numerical Control) See numerical control.

CNC - Collaborative Networked Communication
), China's third largest telecom operator. As AsiaInfo's software business continues to prosper, this contract win positions AsiaInfo as a leader in China's VoIP billing software market.

AsiaInfo's AIOBS VoIP billing software will be used in the second phase expansion of CNC's VoIP project. This project will reach 100 major cities in China China is a geographical area encompassing multiple territories, under two states. You may be looking for:
  • List of cities in the People's Republic of China
  • List of cities and towns in Hong Kong
 covering an estimated 8 million pre-paid card users. AIOBS VoIP software will support all of the IP services provided by CNC including IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. , fax, 800 number service, Virtual Private Networks (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ) and Voice-mail boxes.

AsiaInfo developed its AIOBS VoIP software in response to the expanding IP telephony market. Based on the company's industry-leading Customer Management and Billing (CM&B) software, AIOBS, AsiaInfo has developed a highly scalable system for the real-time management of IP telephony services. The AIOBS billing system performs real time authentication, authorization, and accounting (AAA AAA: see American Automobile Association.


(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied.
).

"We are very pleased that CNC has selected AsiaInfo's AIOBS software and feel it confirms their satisfaction with our successful deployment of their national backbone. It proves again that AsiaInfo's total solution approach best addresses our customer needs and provides them with the best long term local support," said James Ding, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of AsiaInfo Holdings Inc. Ding continued by saying, "AsiaInfo is not only building national backbones for all major carriers in China, we are committed to long term partnerships focused on future growth."

"AsiaInfo's AIOBS VoIP software meets our need for secure, flexible, and scalable carrier-grade VoIP billing software," said Chareleson Zheng, COO of CNC, "In addition, AsiaInfo will work closely with us to identify our specific feature needs in the billing software market. AsiaInfo's ability to customize their product for customers in China as well as their strong local technical support sets them apart from both the local and foreign competitions."

About AsiaInfo Holdings, Inc.

AsiaInfo Holdings, Inc. (Nasdaq:ASIA) is a leading provider of Internet infrastructure, total solutions and software in China, one of the world's fastest growing Internet markets. The company offers telecommunications service providers in China total network solutions for their Internet infrastructure requirements and develops proprietary software for Internet service providers Internet service provider (ISP)

Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password.
, Internet content providers and telecommunications service providers.

Since it moved its operations from the US to China in 1995, AsiaInfo has served as a chief architect of China's Internet infrastructure. AsiaInfo has been pioneering the development of China's Internet infrastructure by designing and building the first national commercial Internet backbone (communications, networking) Internet backbone - High-speed networks that carry Internet traffic.

These communications networks are provided by companies such as AT&T, GTE, IBM, MCI, Netcom, Sprint, UUNET and consist of high-speed links in the T1, T3, OC1 and OC3 ranges.
 in China, ChinaNET, as well as the first provincial Internet backbone in China, GuangdongNET. The company is also building the other two national commercial Internet backbones A group of communications networks managed by several commercial companies that provide the major high-speed links across the country. ISPs are either connected directly to these backbones or to a larger regional ISP that is connected to one.  in China: UniNET of China Unicom and CNCNET of China Netcom.

AsiaInfo develops, markets and supports real time, scalable and adaptable proprietary Internet software solutions tailored to meet the needs of clients in China. The company's customer management and billing software products meet the complex, mission-critical provisioning, accounting, reporting and marketing needs of Internet and telecommunications service providers. The company also offers carrier-scale-messaging products to Internet service providers in China. For more information about AsiaInfo, please visit http://www.asiainfo.com www.asiainfo.com.

About China Netcom

China NetCom Corporation Ltd (CNC) was established with the support of the State Council and the Ministry of Information Industry. The founding shareholders are the Chinese Academy of Sciences The Chinese Academy of Sciences (CAS) (Simplified Chinese: 中国科学院; Pinyin: Zhōngguó Kēxuéyuàn), formerly known as Academia Sinica , the State Administration of Radio, Film and Television, the Ministry of Railways and the Shanghai Municipal Government. CNC has been created to build a new generation of telecommunications infrastructure and to provide a full range of telecommunications services.

CNC represents a new generation of state-owned telecommunications enterprise in China. The Company has a high standard of corporate governance Corporate Governance

The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law.
, with a clear delineation made between ownership and operation. CNC's management and employees share a common determination to achieve the Company's vision of building a telecommunications network for the next generation.

The statements in this news release contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from anticipated results. Further information on risk factors that could affect AsiaInfo's results of operation are detailed in AsiaInfo's registration statement, as filed with the Securities and Exchange Commission. A copy of the registration statement, including exhibits, may be reviewed at the Commission's public reference room at Judiciary Plaza, 450 Fifth Street, N.W., Washington, D.C. 20549. The registration statement and other company filings can also be reviewed by accessing the Commission's Internet site at http://www.sec.gov, which contains reports, proxy and information statements and other information regarding registrants that file electronically with the Commission.
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Date:May 30, 2000
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