from DSSResources.comAsiaInfo recognized for innovation and excellence for Business Operation Support Systems (BOSS) it constructedBEIJING and SANTA CLARA, Calif., Jan. 11, 2005 -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA), a leading provider of software, solutions and services to telecom operators and enterprises in China, has been recognized for innovative excellence for BOSS systems constructed for two of China Mobile's provincial subsidiaries, Liaoning Mobile and Zhejiang Mobile. On December 27, 2004, Liaoning Mobile received the Ministry of Information Industry's (MII) "Innovation Award for Enterprise Management Modernization" for its AsiaInfo designed and constructed BOSS system. With six million subscribers, Liaoning Mobile was the first subsidiary of China Mobile to realize data centralization for its BOSS system. Zhejiang Mobile was also recently awarded the "2004 Achievement Award for the Development of China's Information Industry" for its BOSS system at the 2004 Chief Information Officer (CIO) annual meeting. AsiaInfo built Zhejiang Mobile's BOSS system, the largest in China, in only two years, well below the international standard of three to five years. Xingsheng Zhang, president and Chief Executive Officer of AsiaInfo noted, "Our leading BOSS systems have significantly improved the business efficiency of Lianoning Mobile and Zhejiang Mobile, in turn enabling them to provide better service to their customers. We are proud to be China Mobile's long term partner in the construction of premier OSS systems and we will continue to provide it with innovative solutions that make outstanding contributions to the local market." AsiaInfo is the leading provider of business support systems/operating support systems (BSS/OSS) to China's telecom operators, having constructed BOSS systems for nine of China Mobile's 31 provincial subsidiaries. AsiaInfo's BOSS system is able to perform a suite of advanced applications including data collection, billing, accounting, order processing, comprehensive reporting, customer service and decision support for millions of subscribers. About AsiaInfo Holdings, Inc. AsiaInfo Holdings, Inc. (Nasdaq: ASIA) is a leading provider of high- quality software and customer solutions to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a leading provider of enterprise solutions in China with the acquisition of Lenovo's non-telecom related IT services business in 2004. Today, the Company offers a wide range of enterprise solutions including security products and services, management consulting, e-HR and business intelligence, e-government and financial solutions to Chinese enterprises across multiple vertical industries. Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China. For more information about AsiaInfo, please visit http://www.asiainfo.com. The information contained in this document is as of January 11, 2005. 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, 2003, 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 http://www.sec.gov .
US Contacts: Email: ir@asiainfo.com Tel: +1-408-970-9788 or 1-800-618-0588 China Contacts: Rachel Huo of AsiaInfo Technologies (China), Inc. Email: huoran@asiainfo.com Tel: +8610-6250-1658 x8687 |