AsiaInfo Building China's First IP over DWDM Internet Backbone for China Netcom; AsiaInfo Announces CNCNET Broadband Backbone Project.Business Editors/High-tech Writers SAN FRANCISCO--(BUSINESS WIRE)--March 29, 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, today announced key terms of its contract with 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 ) to design and build China's third national 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. , CNCNET. CNCNET will be the first nationwide IP over DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM. DWDM - wavelength division multiplexing (Dense Wavelength-Division) broadband Internet See broadband. backbone in China providing maximum bandwidth of up to 40Gbps. It can support a wide range of IP based voice, image, fax and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. services and value-added services. AsiaInfo will design and implement the network structure using cutting-edge technologies including terabit routing and MPLS (1) (MultiProtocol Lambda Switching) The earlier name for GMPLS. See GMPLS. (2) (MultiProtocol Label Switching) A standard from the IETF for including routing information in the packets of an IP network. . In addition to the construction of the backbone, AsiaInfo will support the network's customer management and billing (CM&B) needs with its flagship software product AIOBS. This real-time, carrier-class software has the flexibility and scalability that supports a number of services such as basic IP service, IP telephony, 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. ), virtual ISP and Web-hosting. "CNCNET will be the largest scale broadband Internet backbone in China. As China enters the broadband era, AsiaInfo is committed to leading the development of China's next-generation Internet infrastructure" 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. "AsiaInfo's world-class software and technologies will continue to set the standard for broadband Internet infrastructure solutions and software products in China." "We chose to work with AsiaInfo for the company's leading technologies, depth of experience in building China's Internet infrastructure and proven ability to deliver the highest quality infrastructure solutions," said Chareleson Zheng, COO of China Netcom. "Together with AsiaInfo, China Netcom will bring Internet users in the world's fastest growing Internet market into the broadband era in the near future." 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 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 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 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 result of operation is 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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