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The Maybach Journal: AsiaInfo Wins Tender to Develop China Telecom's OCS in Zhejiang Province
[May 09, 2008]

The Maybach Journal: AsiaInfo Wins Tender to Develop China Telecom's OCS in Zhejiang Province


(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:09052008

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becoming a member today. On Friday, May 9, 2008, we have added AsiaInfo
Holdings Inc. (NASDAQ: ASIA) to the list of potential prospects.

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AsiaInfo Holdings Inc. was up over $0.03 on below average volume early
trading Friday, May 9, 2008. They recently announced the following:

Friday, May 9, 2008 - 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 tender with China Telecom, the
world's largest fixed-line telecommunications and broadband service
provider, to develop an Online Charging System ("OCS") in Zhejiang
province.

"Our OCS solution will play a critical role in the deployment of China
Telecom's next generation networks," said Steve Zhang, AsiaInfo's
president and chief executive officer. "This tender win deepens our
relationship with China Telecom in the OCS space that began last year
in Hebei province with their extended next generation wireless network
trial. We are pleased to support the company again in its expansion
from a fixed-line and broadband operator to a wireless service
provider, and are looking forward to collaborating on more projects in
the future."

Under the terms of the agreement, AsiaInfo will develop an OCS solution
for China Telecom in Zhejiang province that is based on the Third
Generation Partnership Project ("3GPP") standard and adheres to China
Telecom's OCS specifications. AsiaInfo's OCS solution is a convergent
online charging system that can accommodate real-time billing for both
prepaid and postpaid accounts and offers the flexibility to combine a
variety of charging methods to support future 3G data and value-added
services. It also combines customer credit control and risk management
analysis functionalities to lower credit risk in developing new
business and expanding customer bases.

AsiaInfo is the first software billing vendor in China to successfully
deploy both 3G BOSS and OCS solutions. The company has developed OCS
solutions for China Mobile subsidiaries in Shanghai, Zhejiang and
Pakistan. AsiaInfo has also developed an OCS solution for China
Telecom's extended next generation wireless network trial in Hebei
province.

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