AsiaInfo Signs Multiple BOSS Related Contracts With Liaoning Mobile.

Business Editors/High-Tech Writers

BEIJING & SANTA CLARA, Calif.--(BUSINESS WIRE)--Nov. 10, 2003

AsiaInfo Holdings, Inc. (Nasdaq:ASIA), a leading provider of telecom network and software solutions in China, today announced that it has signed a contract with Liaoning Mobile, a major China Mobile subsidiary, to construct a customer identification and billing center for the carrier's IP/data business. Under a separate contract, AsiaInfo will also help the carrier to build a disaster redundancy system for its BOSS network.

Currently China Mobile's IP backbone network has only one national customer identification and billing center, which handles the needs of all of its data services nationwide. It became clear to the carrier, however, that the lack of such facilities with its provincial subsidiaries was hindering their ability to further develop data services. As such, Liaoning Mobile contracted AsiaInfo to build its own customer identification and billing center for IP/data services, as one of the key components of its Business Operation Support System (BOSS) network. Under the contract, AsiaInfo will deploy multiple software solutions, including the solution specially designed for customer identification in Internet and Voice-over-IP (VoIP) services connection, AIRadius, as well as AsiaInfo's Online Billing Solution (AIOBS) and Convergent Billing Solution (AICBS). Upon completion, the center will be able to provide customer identification, order management and billing support to fulfill all the needs of Liaoning Mobile's data services. The center will be fully integrated with the carrier's current BOSS network and will provide around-the-clock customer service support.

Under a separate contract, AsiaInfo will deploy its Disaster Redundancy Management software solution (AIDRM) at the carrier's BOSS network and build a back-up data center to provide data back-up and recovery support in the event of any potential disaster. Some of the key functions of the main operation center may also be switched to the back-up center, in case of a major malfunctioning, to maintain a seamless network operation.

"We are very proud of our ongoing relationship with China Mobile and its subsidiaries," Xingsheng Zhang, AsiaInfo's President and Chief Executive Officer, commented. "This contract has been extended on the basis of two of our traditionally strong areas -- the IP/data business area and our large BOSS installation base with the carrier. AsiaInfo is committed to meeting the evolving needs of China's telecommunication carriers as they strive to further enhance their service capability and quality. And given our strong understanding of our customers, our leading technology and best-in-class products, we are well positioned to do so, thereby adding significant value."

Liaoning Mobile contracted AsiaInfo to establish its BOSS network at the end of 2002. In May this year, the carrier selected AsiaInfo again to deploy its Customer Relationship Management (CRM) software solution.

About AsiaInfo Holdings, Inc.

AsiaInfo Holdings, Inc. (Nasdaq:ASIA) is a leading provider of telecom network and software solutions in China. The company provides high-quality software and solutions to China's telecom carriers, meeting the demanding needs of a fast-growing industry. AsiaInfo's products and services cover network infrastructure services including design, implementation, operation and optimization, customer management and billing solutions; decision support systems; and service applications encompassing messaging, broadband, wireless and other advanced applications.

Organized as a Delaware corporation, AsiaInfo has constructed national backbones and provincial access networks for all of China's major national telecom carriers since 1995, including China Telecom, China Mobile, China Unicom and China Netcom. Since 2000, the company has successfully shifted its focus from Internet infrastructure construction to the provision of a full suite of telecom software solutions.

For more information about AsiaInfo, please visit http:/www.asiainfo.com.

The information contained in this document is as of Nov. 10, 2003. 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 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, 2002, and in our periodic reports on Forms 10-Q and 8-K (if any) filed with the United States Securities and Exchange Commission and available at www.sec.gov.