AsiaInfo Wins Convergent OSS Solution Contract from China Unicom -- Jiangsu; New Software Solution to Support Both GSM and CDMA Systems.

Business Editors/High-Tech Writers

BEIJING & SANTA CLARA, Calif.--(BUSINESS WIRE)--April 8, 2003

AsiaInfo Holdings, Inc. (Nasdaq:ASIA), a leading provider of telecom software solutions in China, today announced that it has signed a contract with one of China Unicom's major subsidiaries, Jiangsu Unicom to provide the carrier with a convergent customer care and billing system.

Based on AsiaInfo's Next Generation Operation Support System (AINGOSS), AsiaInfo's convergent billing software offers a common support platform for a wide range of services. It provides an integrated billing solution for both GSM and CDMA cellular, together with paging, long distance, data, and Internet services, and offers an integrated customer database across all services. In this initial phase of development, the system is designed to support more than 12 million service subscribers by the year 2004. Additionally, AsiaInfo will also provide the carrier with three years of round-the-clock technical support and personnel training.

By the end of February 2003, China Unicom had approximately 68 million mobile customers, of which about 61 million were using GSM and about 7 million were using CDMA. The carrier's national CDMA network covers 30 provinces and autonomous regions and has the capacity to handle nearly 15.2 million subscribers. Designed to offer more advanced services such as high-speed Internet access and videophones, the carrier's CDMA 2000 1x trial network has also been established in seven cities, including Hangzhou in the Jiangsu province. Requiring more sophisticated software support, Jiangsu Unicom awarded AsiaInfo this important project to implement the convergence of voice, data, video, and IP services, reduce operating costs, and improve management information systems.

"This contract win represents an important success in expanding our already strong OSS solution market share and our growing CDMA capabilities," said Xingsheng Zhang, president and Chief Executive Officer of AsiaInfo. "As Unicom develops its CDMA services, integrated OSS solutions will become increasingly crucial to its operations. We are confident that our established market presence and sound track record in the OSS market will enable us to further strengthen our relationship with other China Unicom subsidiaries and all the major telecom companies in China going forward. As carriers' software investments as a percentage of overall spending gradually picks up, our leading market share position us well for our long-term growth."

About AsiaInfo Holdings, Inc.

AsiaInfo Holdings, Inc. (Nasdaq:ASIA) is a leading provider of telecom network integration 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.

This release contains projections and other forward-looking statements regarding future events and the future financial performance of AsiaInfo that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to the documents filed by AsiaInfo with the SEC, specifically the most recent reports on Form 10-K, 10-Q and 8-K, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in AsiaInfo's most recent reports on Form 10-K and Form 10-Q, each as it may be amended from time to time. Any projections in this release are based on limited information currently available to AsiaInfo, which is subject to change.