RHK and BDA China Limited Form Strategic Alliance to Launch Financial Advisory Services in China; Top Tier Telecom Firms Team Up to Support the Asian Market

Business Wire, August 28, 2001

Business Editors/High-Tech Writers

SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Aug. 28, 2001

RHK Inc., the leading provider of market research and analysis for the global telecom industry, today announced a partnership with BDA China Limited to provide research and analysis to the financial community in Asia. BDA China is a leading strategic consulting and research firm focused on China's telecom and technology sectors from offices in Beijing and Hong Kong. This alliance marks a strategic step for RHK and BDA to expand coverage and distribution in the Asia Pacific Region.

BDA China Limited will distribute RHK's Financial Advisory Service for Telecommunications (FAST) in Hong Kong and mainland China. RHK's FAST program is an annual service that provides financial organizations with market analysis, forecasts and competitive assessments of key technologies, market segments, and participants in the public telecom industry. This subscription service merges well with BDA's long track record of providing independent decision support to equity analysts, venture capitalists, portfolio managers, and other members of the financial community in their effort to understand the global network in China.

"RHK is pleased to partner with a firm equally committed to providing independent expertise to the financial community in Asia," remarks James Kent, Founder and Vice President of Sales and Marketing. "China has an exciting telecom future ahead and we are proud to be a part of it."

"This move demonstrates RHK's commitment to the China market," states Duncan Clark, Founder and Managing Director of BDA China Limited. "Working together in China, RHK and BDA bring world-class research to investors and financial analysts in the world's fastest growing telecom market."

The FAST program covers a wide variety of technology areas including access networks (optical and broadband); switching and routing; long-haul and metro optical transport; WDM and SDH, and undersea optical transport; optical components and communications semiconductors; operations support systems; and new voice infrastructure. In addition to written reports, clients can interact directly with RHK experts, who are industry veterans.

For more information about Financial Advisory Service for Telecommunications (FAST), please contact Duncan Clark in China 8610.8529.6164 or in Beijing at 8610.8529.6164; Takashi Kimura for Japan at 81.3.3492.1341; Jim Kent for other countries in Asia Pacific and Latin America at 650/737-9600; Mike Mahan in the United States at 650/737-9600; or George Stojsavljevic in Europe at 44.1462.485440.

RHK Inc. is a leading global industry market research and consulting firm specializing in the analysis of advanced technologies for the public telecommunications network. The company provides subscription services and custom consulting to technology vendors, service providers, and the investment community covering North America, the Asia-Pacific, and Europe. RHK's areas of expertise include: optical access, broadband access, and new voice infrastructure; core and edge switching and routing; optical transport and undersea; optical components and communications semiconductors; operations support systems; and newly emerging technologies. RHK is based in South San Francisco, California. For more information, visit the company's web site at www.rhk.com.

BDA China Limited is a leading strategic consulting and research firm focused on China's telecom and technology sectors. BDA advises many of the world's leading telecom service, equipment and IT firms as well as financial intermediaries, institutional investors and venture capitalists. BDA provides strategic advisory services including competitive and regulatory assessments, market analysis and due diligence services. BDA's research products include sector and company-specific reports and a continuous information service. Founded in 1994, BDA has offices in Beijing and Hong Kong. For more information, visit the company's Web site at www.bdaconnect.com.