Marks AsiaInfo's First CRM Contract with the World's Largest Wireline Operator
BEIJING and SANTA CLARA, Calif., Nov. 5 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. , a leading provider of telecom software solutions and IT security products and services in China, today announced that it has won a contract with China Telecom, the world's largest wireline operator, to develop a Customer Relationship Management System (CRM) in China's Xinjiang .
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The CRM system is a critical part of Xinjiang Telecom's next generation Business Operation Support System (BOSS). Under the agreement, AsiaInfo will develop a CRM system to cover 14 cities and regions of Xinjiang. AsiaInfo will also supervise the integration of the entire BOSS system consisting of CRM, Billing and Operation Support System (OSS) and other peripheral systems.
"We are very happy to win our first CRM contract with China Telecom and extend the customer base for our industry-leading CRM solutions," said Steve Zhang, president and chief executive officer of AsiaInfo. "This landmark deal significantly expands our relationship with China Telecom and is a critical step as we work to increase our penetration of the BOSS market."
The BOSS system will be developed and implemented in compliance with China Telecom Group's Management/Business/Operation/Support System specification (CTG-MBOSS), which serves as a blueprint for China Telecom's next generation BOSS network. AsiaInfo was one of the six founding members of the CTG-MBOSS forum, which was established to promote cooperation in the development of CTC- MOBSS.
"We believe that the BOSS network evolution in China represents important market opportunities for AsiaInfo," added Steve Zhang. "This deal demonstrates our ability to capitalize on these market opportunities."
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. 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/ .
The information contained in this document is as of Nov 5, 2007. 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, 2006, 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:
Charles Zhang
AsiaInfo Technologies (China), Inc.
Tel: +86-10-8216-6039
Email:
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