AsiaInfo Signs Contract with China Netcom, Tianjin, to Provide an Enterprise Information Portal Software Solution

Business Wire, Jan 10, 2003

Business Editors/High-Tech Writers

BEIJING & SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 10, 2003

AsiaInfo Holdings, Inc. (Nasdaq:ASIA), a leading provider of telecom software solutions in China, today announced that it has signed a contract to supply an Enterprise Information Portal (EIP) software solution to Tianjin Netcom, a provincial subsidiary of China Netcom.

The Enterprise Information Portal is an integrated management software solution that will enable Tianjin Netcom's employees, customers, suppliers and partners to access authorized internal information and business applications through the company's Intranet or via the Internet. Implementation of this project will enable the carrier to increase productivity, reduce operation costs, and enhance customer satisfaction.

Tianjin Netcom is the first China Netcom subsidiary to implement EIP. The parent company is encouraging other subsidiaries to adopt an EIP to improve the group's integration.

"This contract win demonstrates AsiaInfo's capability to continuously roll out new software solutions that best fit carriers' needs -- a key success factor in this fast-developing and highly competitive market," said James Ding, president and chief executive officer of AsiaInfo.

About AsiaInfo Holdings, Inc.

AsiaInfo Holdings, Inc. (Nasdaq:ASIA) is a leading provider of telecom software solutions in China.

The company's full range of solutions includes Network Infrastructure, Operation Support Systems and Service Applications. AsiaInfo's products and services cover network services, including design, implementation, operation and optimization; customer care and billing software, decision support system software; and service applications encompassing messaging, broadband, wireless and other advanced applications.

A Delaware-registered company, AsiaInfo has constructed national backbones and provincial access networks for all of China's major national telecom carriers since 1995, including China Telecom, China Netcom, China Mobile, China Unicom and China Railcom. Since 2000, the company has successfully shifted its focus from Internet infrastructure construction to the provision of a full suite of telecom software solutions.

For more information about AsiaInfo, please visit http://www.asiainfo.com.

The statements in this news release contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from anticipated results. Further information on risk factors that could affect AsiaInfo's results of operation are detailed in AsiaInfo's registration statement, as filed with the Securities and Exchange Commission. A copy of the registration statement, including exhibits, may be reviewed at the Commission's public reference room at Judiciary Plaza, 450 Fifth Street, N.W., Washington, D.C. 20549. The registration statement and other company filings can also be reviewed by accessing the Commission's Internet site at http://www.sec.gov, which contains reports, proxy and information statements and other information regarding registrants that file electronically with the Commission.