[July 15, 2004] AsiaInfo Announces Official Launch of OpenBOSS Version 1.5 Repeatable Components and Open Architecture Allow For Easy Deployment Across Enterprises BEIJING and SANTA CLARA, Calif., July 15 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. , a leading provider of high-quality software and solutions in China, this month announced the official launch of OpenBOSS Version 1.5. BOSS stands for business operation support system. OpenBOSS Version 1.5 is designed to seamlessly handle a wide range of enterprise-vital functions for Chinese telecom providers including data collection, billing, accounting, settlement, comprehensive reporting, customer service, customer relationship management (CRM), integrated channel management, and decision support. AsiaInfo has already deployed BOSS in nine China Mobile provincial subsidiaries. Previously, each solution was built separately based on specific customer requirements. AsiaInfo's OpenBOSS Version 1.5 integrates the core features of all projects into one standardized OpenBOSS Solution product with repeatable components and open architecture. The new product initially targets the nine China Mobile provincial subsidiaries that deploy AsiaInfo's BOSS solution and upgrade their existing systems every year, as well as the twenty-two other subsidiaries that have not yet deployed the company's solution. Xingsheng Zhang, AsiaInfo's President and Chief Executive Officer, said, "The commercial launch of OpenBOSS Version 1.5 is a milestone for Asiainfo and the development of OSS systems for China's telecom operators. By combining local market experience with world-class technology into one integrated software product, we can help China Mobile further develop its OSS system and raise the level of OSS technology among China's telecom carriers while solidifying our position as a leading software solution provider." Mr. Zhang continued, "We are pleased that our efforts to increase the depth of our telecom offerings are paying off in the form of new contract wins and long-term strategic relationships, such as those we have built with Liaoning Mobile and Shanghai Mobile." The OpenBOSS Solution product is based on AsiaInfo's seven core software products designed with open architecture to facilitate further development and customization for specific purposes. OpenBOSS Version 1.0 was developed by AsiaInfo last year; the new version adds improved functionality and increased standardization. Separately, AsiaInfo also announced that it has recently signed a number of new BOSS related contracts with China Mobile subsidiaries, these are summarized below: -- BOSS phase two upgrade contract with Zhejiang Mobile to provide an application software solution for disaster redundancy; -- Contract with Inner Mongolia Mobile to further develop its OSS system; -- BOSS contract with Guangxi Mobile for its GPRS and PSTN access services; -- BOSS system maintenance and services contract with Jiangxi Mobile; -- Phase three upgrade contract with China Mobile for its certifying and billing center; -- Service contract with Sichuan Mobile for their billing system and call center; -- BI phase two contract with Shanghai Mobile; and -- Call Centre upgrade contact with Ningxia Mobile. About AsiaInfo Holdings, Inc. AsiaInfo Holdings, Inc. is a leading provider of high- quality software and solutions in China. The company provides total customer solutions to some of China's largest companies, and helps its customers to increase their business value in fast-growing and evolving markets. AsiaInfo's products and services cover telecom network infrastructure and application services, encompassing messaging, broadband and wireless; customer relationship management (CRM) and billing solutions; decision support systems; business intelligence (BI); and human resource management (HRM). Organized as a Delaware corporation, AsiaInfo began in 1995 as the constructor of 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. After its acquisition of OSS vendor Bonson in 2002, and the HRM and BI business from Pacific Software in 2003, the company has successfully leveraged its strengths as a IT systems integrator and telecom software solution provider, to offer a full suite of IT services to a broad range of customers. For more information about AsiaInfo, please visit http://www.asiainfo.com/ . The information contained in this documents is as of July 15, 2004. 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, 2003, 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: US Contact: Renee Hartmann of AsiaInfo Holdings, Inc. Tel: +1-800-618-0588 or +1-408-970-0080 Email: [email protected] China Contacts: Rachel Huo of AsiaInfo Technologies (China), Inc. Tel: +86-10-6250-1658 ext. 8687 Email: [email protected] Christina Splinder of Ogilvy Public Relations Worldwide Tel: +86-10-8520-6550 Email: [email protected] Web Sites: http://www.asiainfo.com http://www.sec.gov AsiaInfo Holdings, Inc. Contact: US Contacts - Renee Hartmann of AsiaInfo Holdings, Inc.,+1-800-618-0588 or +1-408-970-0080, or [email protected]; China Contacts -Rachel Huo of AsiaInfo Technologies (China), Inc., +86-10-6250-1658 ext. 8687,or [email protected]; Christina Splinder of Ogilvy Public RelationsWorldwide, +86-10-8520-6550, or [email protected], for AsiaInfo [ Back To TMCnet.com's Homepage ]