AsiaInfo Wins Multiple SMS Software Solution Contracts from China Mobile.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)--April 16, 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 contracts to provide China Mobile with its Internet Short Messaging See SMS. Gateway (AIISMG) software solution. China Mobile's subscribers sent more than 80 billion short messages in 2002 and the company expects this number to reach 120 billion in 2003. Facing this intense and rapidly growing traffic, the carrier has contracted AsiaInfo to deploy its Internet Short Message Gate Way (AIISMG). Capable of handling thousands of messages per second, AIISMG enables short messages to flow securely and smoothly between the Internet and the different mobile networks, including GSM, CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. , PHS (Personal Handyphone System) A TDMA-based cellular phone system introduced in Japan in mid-1995. Operating in the 1880-1930 MHz band, PHS uses microcells that cover an area only 100 to 500 meters in diameter, resulting in lower equipment costs but requiring more base (Personal Handyphone System), and 3G. Additionally, China Mobile has also contracted AsiaInfo to empower its subscribers with the ability to send and receive short messages to and from anywhere in the world. Short Message Services (SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. ) is a fast growing revenue source for China Mobile. With more than 100 million subscribers and SMS based monternet (Mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. ) users, the carrier expects to improve APRU APRU Association of Pacific Rim Universities APRU Average Revenue Per User APRU Anomalistic Psychology Research Unit (Goldsmiths College, University of London, UK) APRU Australian Police Rugby Union Association Inc. (Average Revenue Per User) through improving SMS services. "We are proud to be selected by China Mobile to expand its SMS service capabilities," said Xingsheng Zhang, president and Chief Executive Officer of AsiaInfo. "Despite the current market slowdown, value-added services, such as SMS, remain an important investment focus for China's telecommunications carriers. We are confident that AsiaInfo's advanced messaging solutions position us well to work with the carriers in building and developing their capabilities, while enabling us to expand our market share in this area." 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 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 Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge and notes thereto included in AsiaInfo's most recent reports on Form 10-K and Form 10-Q Form 10-Q See 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. |
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