AsiaInfo Acquires New Software Client After Successful Delivery of Network Solutions.Business Editors/High-tech Writers BEIJING, China & SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--Sept. 21, 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 it has inked a US$ 1.6 million contract with Tianjin Telecom to supply its advanced billing and messaging software, while helping the client build the third phase of its 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 Tianjin, the fourth largest city in China. The project is expected to significantly improve the service quality of this provincial network. As key components of the expanded infrastructure, AsiaInfo's carrier-class customer management and billing software, AIOBS 5.6, and large volume messaging product, AIMC AIMC Associazione Italiana Maestri Cattolici (Italian Association of Catholic Teachers) AIMC Associate of the Inner Magic Circle AIMC Ancient Iron Motorcycle Club AIMC Army Information Management Committee 2.7, have been chosen by the customer. In addition, AsiaInfo will deliver other software professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. in areas such as network management. AsiaInfo was previously selected for the first and second phases of the Tianjin Telecom Internet backbone project. The company's strategy is to leverage its existing network integration client base to acquire new software customers. "This new contract win provides another example of our successful execution of the strategy." said Mr. 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, "As a market leader in the Internet backbone space, AsiaInfo will continue to serve our existing customers with our world class software products." 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 A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. 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 See content provider. and telecommunications service providers. 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. Since it moved its operations from the US to China in 1995, AsiaInfo has served as a chief architect of China's Internet infrastructure. For more information about AsiaInfo, please visit http://www.asiainfo.com. 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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