AsiaInfo Wins IP Billing Software Solution Contract From China Telecom, Xinjiang.Business Editors/High-Tech Writers BEIJING & 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)--Feb. 3, 2003 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 telecom software solutions in China, today announced that it has signed an IP billing software solution contract with Xinjiang Telecom, a provincial subsidiary of China Telecom. Under the terms of the contract, AsiaInfo will provide the carrier with its integrated billing management platform AIOBS (AsiaInfo Online Billing System), replacing previous billing software that was installed by an international provider through local vendors. AIOBS will enable Xinjiang Telecom to consolidate billings from different services with one management platform, conveniently add new services on demand, and reduce operation costs significantly. Asiainfo has the largest IP market share in China, and AIOBS is the most widely installed IP billing platform among Chinese carriers. Xinjiang Telecom's decision to replace its original vendors further highlights AsiaInfo's leading position. "The selection by Xinjiang Telecom demonstrates the strength of our customized software See custom software. solutions for Chinese carriers," said James Ding, president and Chief Executive Officer of AsiaInfo. "Our close customer relationships and unparalleled technological expertise enable us to design and customize solutions that meet carriers' needs. These offerings give us a competitive advantage over many international and local providers." About AsiaInfo Holdings, Inc. AsiaInfo Holdings, Inc. (Nasdaq:ASIA) is a leading provider of telecom software solutions in China. The company's full range of solutions includes Network Infrastructure, Operation Support Systems and Service Applications. AsiaInfo's products and services cover network services, including design, implementation, operation and optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. ; customer care and billing software, decision support system software; and service applications encompassing messaging, broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). , wireless and other advanced applications. A Delaware-registered company, AsiaInfo has constructed national backbones and provincial access networks for all of China's major national telecom carriers since 1995, including China Telecom, 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. , China Mobile, China Unicom China Unicom, full name China United Telecommunications Corporation, 中国联通, HKSE: 0762 NYSE: CHU, is a telecommunication operator in the People's Republic of China. 52. and China Railcom. 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 statements in this news release contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 judiciary Branch of government in which judicial power is vested. The principal work of any judiciary is the adjudication of disputes or controversies. Regulations govern what parties are allowed before a judicial assembly, or court, what evidence will be admitted, what 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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