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ASIA 9.68 AsiaInfo to Expand China Netcom's Broadband Billing System in Zhejiang Province
Jun 26, 2007 8:00:00 AM

BEIJING and SANTA CLARA, Calif., June 26 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA), a leading provider of telecom software solutions and IT security products and services, today announced it has won a contract with Zhejiang Netcom, a subsidiary of China Netcom, to expand its broadband billing system.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040312/CNF002LOGO )

Zhejiang Netcom's current broadband billing system, which was first deployed by AsiaInfo in 2003, supports ADSL and Ethernet based broadband and leased line services for residential and enterprise users. Under the terms of the new agreement, AsiaInfo will expand the current system to meet subscriber growth and increased demand for new services by adding software licenses and modules, and expanding system hardware.

"The rapid growth of China's broadband market presents promising opportunities for our broadband billing solutions," said Steve Zhang, President and Chief Executive Officer of AsiaInfo. "As the leading broadband billing solution provider in the Chinese telecom market, AsiaInfo is at the forefront of developing billing technologies that provide superior performance and scalability."

AsiaInfo is the leading provider of broadband billing solutions in China. Its industry-leading AIOBS Internet Protocol (IP) Billing System is deployed at the China Netcom headquarters and its 12 provincial subsidiaries.

About AsiaInfo Holdings, Inc.

AsiaInfo Holdings, Inc. (Nasdaq: ASIA) 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 .

Forward-Looking Statements

The information contained in this document is as of June 26, 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 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: [phone]
Email: [e-mail]

For Media:
Rory Macpherson
Ogilvy Public Relations Worldwide
Tel: [phone]
Email: [e-mail]

SOURCE AsiaInfo Holdings, Inc.

----------------------------------------------

Charles Zhang (Investors) of AsiaInfo Technologies (China)
Inc.
[phone]
or [e-mail]; Rory Macpherson (Media) of Ogilvy Public Relations Worldwide
[phone]
or [e-mail]
for AsiaInfo Technologies (China)
Inc.