AsiaInfo Announces Establishment of Mobile Communication Data Warehouse Joint Lab With China Mobile and Beijing University
Posted on: Thursday, 1 June 2006, 09:00 CDT
BEIJING and SANTA CLARA, Calif., June 1 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. , a leading provider of telecom software solutions and security products and services in China, recently announced the establishment of a mobile communication data warehouse joint lab in conjunction with China Mobile and Beijing University.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040312/CNF002LOGO )
The new research laboratory will promote the development of mobile communications data warehouse technology in China including data extraction, application and data management. It will also serve as a site for regular forums to exchange technical knowledge and operational experience.
''We are very excited to collaborate with China Mobile and Beijing University on this project,'' said Steve Zhang, AsiaInfo's President and Chief Executive Officer. ''With the rapidly increasing volume of data and the complexity of customer requirements, the evolution of data warehouse technology will be critical to the efficient and profitable development of China's telecom industry.''
''As a leading telecom software provider and a market leader in mobile communications data warehouse systems, AsiaInfo is dedicated to the promotion and development of this significant telecommunications technology,'' added Mr. Zhang.
AsiaInfo and China Mobile have already collaborated on a number of innovative data management and business intelligence projects including the implementation of Data Mart applications for Jilin Mobile and Yunnan Mobile, and metadata management platforms for Jilin Mobile and Hunan Mobile. These projects improve the data processing and analyzing capabilities of telecom operators driving gains in efficiency and profitability.
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. is a leading provider of high- quality telecom software solutions and 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 leading provider of 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/ .
The information contained in this document is as of June 1, 2006. 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, 2005, 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/.
For more information, please contact: For Investors: Eileen Chu AsiaInfo Technologies (China), Inc. Tel: +86-10-8216-6017 Email: ir@asiainfo.com For Media: Rory Macpherson Ogilvy Public Relations Worldwide Tel: +86-10-8520-6553 Email: rory.macpherson@ogilvy.com
Photo: NewsCom:http://www.newscom.com/cgi-bin/prnh/20040312/CNF002LOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840
AsiaInfo Holdings, Inc.
CONTACT: Eileen Chu of AsiaInfo Technologies (China), Inc.,+86-10-8216-6017, or ir@asiainfo.com ; Rory Macpherson of Ogilvy PublicRelations Worldwide, +86-10-8520-6553, or rory.macpherson@ogilvy.com , forAsiaInfo
Source: PRNewswire
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