Pacific Internet fka PCNTF

[$pooky]

NEWS!! PacNet Operates Asia's First Neutral Peering Point for GPRS Roaming: Peering Singapore
via COMTEX

February 25, 2004

SINGAPORE, Feb 25, 2004 /PRNewswire-FirstCall via COMTEX/ --

Asia's largest telco- independent Internet Communications Service Provider, Pacific Internet or PacNet (Nasdaq: PCNTF) today announced that it is leading a group of seven international leading GRX (GPRS Roaming Exchange) providers to commercially launch Asia's first neutral Peering Point for GPRS roaming, Peering Singapore. The seven GRX providers include Aicent, Belgacom, British Telecommunications, Cable &Wireless, Infonet Services Corporation, REACH and TeliaSonera. Belgacom and Cable &Wireless have already inked formal agreements with PacNet to use the GRX Peering Point immediately.

The GSM Association (GSMA), the global trade association for the world's GSM mobile operators, is supporting Peering Singapore, together with the Infocomm Development Authority of Singapore (IDA), which first mooted the idea of creating Asia's first neutral Peering Point in Singapore.

Peering Singapore operates between GRX providers using Internet Protocol (IP) and allows the providers to exchange GPRS traffic via the peering point.

''We are delighted that our telco-neutral position and IP network competency have put us in a position to operate Peering Singapore for the telcos. Previously, GRX providers have to work out separate agreements with each other to enable roaming. With Peering Singapore, GRX providers can now simply connect to a common peering point in Asia to help their mobile operator customers interconnect globally,''said Mr. Tan Tong Hai, President and CEO of PacNet.

Mr. Rene Herlaar, Chairman of the GSMA GRX Working Party, said, ''We welcome the commercial launch of Asia's first GRX neutral peering point in Singapore by PacNet. The realization of this initiative is a key milestone in tandem with the growing GPRS traffic, in delivering transparent, cost effective GPRS roaming connectivity services required by the mobile operators community in Asia. From a larger cooperation perspective, the peering point is a result of a committed multi-party effort - the GRX Working Party, the IDA, the GRX providers and PacNet - to move closer to the goal of making wireless work globally.''

Mr. Khoong Hock Yun, Assistant Chief Executive, Industry Group, IDA, said, 'We thank the GSM Association and the various GRX providers for using Singapore as Asia's first peering point for GPRS roaming. This launch further strengthens Singapore's position as a leading global infocomm hub. We invite GRX providers from all over the world to come and peer in Singapore.''

Peering Singapore Sets to Benefit GRX Providers

Peering Singapore is set to offer consistent quality of service for GRX providers and their users. As a neutral GPRS traffic transition point, its processes are transparent to all GRX providers. Built on its privately managed regional IP network, the Peering Singapore offers a high level of security and performance backed by service level agreements. PacNet's regional network operation centers monitor the network round the clock, ensuring optimal network condition.

For GRX providers, they are now able to guarantee mobile operators a secure, high-quality service in Asia. Mobile operators can in turn achieve GPRS roaming with their partner networks simply and quickly by connecting to the GRX provider of their choice. It also facilitates a faster time-to-market for their GPRS roaming services. For mobile subscribers, it provides mobile GPRS roaming and access to their home GPRS services while roaming abroad. It also enables faster access since there are fewer hops in the Internet.

The Future

Moving ahead, PacNet will continue to work with the providers to formalize the agreements. They will also explore opportunities with other GRX and peering point providers to interconnect with Peering Singapore, with the objective to enhance the peering point's role in the dynamic global wireless community.

About GPRS and GRX

GPRS (General Packet Radio Service) is the enhanced data service for GSM, a packet-switched mobile network technology, which is widely expected to constitute the next stage in the evolution of GSM networks. GPRS offers end- users an always-on experience with higher bandwidths compared to current GSM technology. These features will enable users to gain easier and faster access to mobile services such as m-commerce, messaging, location-based services and corporate services. A GRX (GPRS Roaming Exchange) provides services allowing the interconnection of various GPRS operators.

About PacNet

PacNet (Nasdaq: PCNTF) is Asia's largest telco-independent Internet Communications Service Provider by geographic reach with operations in Singapore, Hong Kong, the Philippines, Australia, India, Thailand and Malaysia. In 1999, the Group became the first Asian Internet company to successfully list on the NASDAQ stock exchange. PacNet delivers a range of end-to-end Internet access and value added services that enhance the lifestyles and workstyles of its corporate and consumer customers. PacNet is headquartered in Singapore. More information at www.pacnet.com.

About GSM Association

The GSM Association (GSMA) is the global trade association that exists to promote, protect and enhance the interests of GSM mobile operators throughout the world. In February 2004, it consisted of more than 620 second and third generation mobile operators and 130 manufacturers and suppliers. The Association's members provide mobile services to more than one billion customers across more than 200 countries and territories around the world. The GSMA aims to accelerate the implementation of collectively identified, commercially prioritised operator requirements and to take leadership in representing the global GSM mobile operator community with one voice on a wide variety of issues nationally, regionally and globally.

The GSM family of wireless communications platforms, including GSM, GPRS (General Packet Radio Services) and 3GSM (EDGE - Enhanced Data for GSM Evolution and W CDMA) account for 73 percent of the total digital wireless market today. The GSM Association is a unique organisation, with truly global reach, offering a full range of business, technical and public policy services to its members. For more information, visit the website at www.gsmworld.com.

About GRX Working Party

The GSMA GRX Working Party consists of both mobile operators and leading GRX providers. As the Inter PLMN network for GPRS roaming is key to the interoperability of packet switched roaming services, the Working Party strives for continuous improvement of GRX services and produces guidelines on 4 specific area's: end-to-end Quality of Service, Peering, Security and special services, like MMS relay services and DNS architecture.

The GRX Working Party operates under the leadership of the International Roaming Expert Group (IREG) and ensures that GPRS networks and packet switched related services would remain interoperable.

About Infocomm Development Authority of Singapore

The Infocomm Development Authority of Singapore (IDA) develops, promotes and regulates info-communications in Singapore, with the aim of establishing Singapore as one of the world's premier infocomm capitals. To nurture an internationally competitive infocomm industry, IDA offers a comprehensive range of programmes and schemes for both local and international companies. For more information, visit www.idanews.gov.sg.

Cautionary Statement

Statements made in this press release with respect to Pacific Internet's current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Pacific Internet. Forward-looking statements include but are not limited to those using words such as 'may', 'might', 'seeks', 'expects', 'anticipates', 'estimates', 'believes', 'projects', 'plans', ''strategy', 'forecast'and similar expressions. These statements reflect management's expectations and assumptions in light of currently available information. They are subject to a number of risks and uncertainties, including but not limited to (i) changes in the economic, regulatory and political environments in the countries where Pacific Internet operates; (ii) changes and developments in technology and the Internet marketplace; (iii) Pacific Internet's continued ability to develop and win acceptance of its products and services, which are offered in highly competitive markets; (iv) the success of its joint ventures and alliances; (v) exchange rates, particularly between the Singapore dollar and the U.S. dollar and other currencies in which Pacific Internet makes significant sales or in which its assets and liabilities are denominated; and (vi) the outcome of contingencies. In light of the many risks and uncertainties surrounding the Internet marketplace, the actual results could differ materially from those discussed in the forward-looking statements. Pacific Internet assumes no obligation to update any such statements.

For more information, please contact: Investor Contact: Khoo Seok Teng, PacNet Tel: [phone] Email: [e-mail] Asian Media Contact: Mervin Wang, PacNet Tel: [phone] Email: [e-mail] US Media Contact: Mark Kollar, PacNet Tel: [phone] Email: [e-mail] GSMA Contact: Melissa O'Connell, IREG Director, GSMA Tel: [phone] Email: [e-mail]
SOURCE PacNet

Investor - Khoo Seok Teng, PacNet, [phone], [e-mail], Asian Media - Mervin Wang, PacNet, [phone], [e-mail], US Media - Mark Kollar, PacNet, [phone],or [e-mail], GSMA - Melissa O'Connell, IREG Director, GSMA,[phone], or [e-mail]
http://www.pacnet.com

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