AsiaInfo Wins Multiple CRM Solution Contracts from China Mobile.

Business Editors/High-Tech Writers

BEIJING & SANTA CLARA, Calif.--(BUSINESS WIRE)--April 1, 2003

AsiaInfo Holdings, Inc. (Nasdaq:ASIA), a leading provider of telecom software solutions in China, today announced that it has signed contracts to provide Chongqing Mobile and Jiangxi Mobile with its analytical Customer Relationship Management (CRM) software solution. In addition, AsiaInfo has been awarded a contract to upgrade Sichuan Mobile's original CRM system.

Embedded with technology components such as data warehousing, online analytical processing (OALP) and data mining, AsiaInfo's CRM solution can analyze data generated by any Business Operation Support System, providing telecom carriers with a highly flexible and powerful tool for decision making. AsiaInfo won the Ministry of Information Industry's (MII) "Outstanding Telecom Software Solution" award for this product in October 2002.

"We are pleased to announce these important contract wins," said Xingsheng Zhang, president and Chief Executive Officer of AsiaInfo. "We are rapidly and aggressively grabbing CRM market share, in large part due to having the largest BOSS installation base in China. The announcement of five CRM contract wins with five of China Mobile's major subsidiaries in one month is not only a testament to the strength of our award winning product and high quality service, but also further reinforces AsiaInfo's leadership in both the BOSS and CRM markets. We are confident that our market position will enable us to achieve promising revenue growth, both in continuing to provide our customers with CRM solutions that allow them to capitalize on critical market intelligence, and by helping them further update and consolidate their BOSS platforms to achieve better business integration and higher management efficiency."

AsiaInfo Holdings, Inc. (Nasdaq:ASIA) is a leading provider of telecom software solutions in China. The company provides high-quality software solutions to China's telecom carriers, meeting the demanding needs of a fast-growing industry. AsiaInfo's products and services cover network services, including design, implementation, operation and optimization; customer care and billing software, decision support system software; 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 Netcom, China Mobile, China Unicom 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.

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.