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AsiaInfo to Develop Integrated BSS for China Telecom in Heilongjiang and Henan Provinces

July 27, 2009

BEIJING and SANTA CLARA, Calif., July 27 /PRNewswire-Asia-FirstCall/ –
AsiaInfo Holdings, Inc. (Nasdaq: ASIA) (the “Company”), a leading provider of
telecom software solutions and IT security products and services in China,
today announced it has signed contracts to integrate mobile and fixed-line
Business Support Systems (“BSS”) for China Telecom in Heilongjiang and Henan
provinces.

“Integrated billing and customer relationship management across multiple
businesses is a crucial step in China Telecom’s goal of becoming a leading,
full-service telecommunications provider,” said Steve Zhang, AsiaInfo’s
president and chief executive officer. “Convergent billing and optimization
projects make up our largest near-term opportunity with China Telecom as the
carrier looks to attract and retain high-value customers through the offering
of attractive bundled services. In the coming months, our team of highly
qualified engineers will work with China Telecom in Heilongjiang and Henan to
ensure that all the functionalities and localized features of the current
systems are seamlessly migrated, along with user data, to the new, integrated
systems, allowing China Telecom to take its customer service to the next
level.”

Under the terms of the contracts, AsiaInfo will build out a convergent BSS
solution that will integrate China Telecom’s mobile and fixed-line billing and
CRM systems. The new system will support all the functionalities and localized
features of the current systems as well as new service offerings relating to
China Telecom’s 3G business. AsiaInfo will also migrate user data from the
existing mobile and fixed-line systems to the new integrated system and
optimize data and processes to meet China Telecom’s enhanced customer service,
usability and stability requirements.

About AsiaInfo Holdings, Inc.

AsiaInfo Holdings, Inc. (NASDAQ: ASIA) is a leading provider of
high-quality telecom software solutions and IT security products and services
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 prominent supplier of IT security products and
services in China with the acquisition of Lenovo’s non-telecom related IT
services business in 2004.

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 .

Safe Harbor Statement

The information contained in this document is as of July 27, 2009.
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
billing 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, 2008, and in our reports on Forms 10-Q and 8-K (if any) filed
with the United States Securities and Exchange Commission and available at
www.sec.gov.

    For investor and media inquiries, please contact:

    In China:

     Sheryl Zhang
     AsiaInfo Holdings, Inc.
     Tel:   +86-10-8216-6039
     Email: ir@asiainfo.com

     Justin Knapp
     Ogilvy Financial, Beijing
     Tel:   +86-10-8520-6556
     Email: asia@ogilvy.com

    In the United States:

     Ms. Jessica Barist Cohen
     Ogilvy Financial, New York
     Tel:   +1-646-460-9989
     Email: asia@ogilvy.com

SOURCE AsiaInfo Holdings, Inc.


Source: newswire



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