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AsiaInfo-Linkage Signs NG-BOSS 3.5 and NG-BASS 3.5 Upgrade Contracts with Shanghai Mobile
Published on Wednesday, 14 December 2011 08:13 Written by TradersHuddle Staff
BEIJING and SANTA CLARA, Calif., Dec. 14, 2011 /PRNewswire-Asia-FirstCall/ -- AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) ("AsiaInfo-Linkage" or the "Company"), a leading provider of telecommunications software solutions and related services, today announced that the Company has signed a Next Generation Business Operation Support System ("NG-BOSS") 3.5 version upgrade contract and a Next Generation Business Analysis Support System ("NG-BASS") 3.5 version upgrade contract with Shanghai Mobile, a provincial subsidiary of China Mobile, the largest telecommunications operator in the world.
"The Shanghai Mobile contracts represent our first successful provincial subsidiary signings for our NG-BOSS 3.5 and NG-BASS 3.5 solutions," said AsiaInfo-Linkage President and Chief Executive Officer Steve Zhang. "After finalizing the technical specifications in the second quarter of the year, we have now started the signing and rollout process for our latest upgrade, which we expect to continue through 2012. The NG-BOSS 3.5 solution contains a host of new features that will enhance China Mobile's IT capabilities and customer service, notably the capacity to support multiple billing cycles, a centralized management of retail stores' multimedia centers, and improvements to CRM capabilities. The NG-BASS 3.5 solution upgrade will enhance customer analysis and targeted marketing capabilities. These upgrades, mandated annually by China Mobile headquarters, are crucial to the carrier maintaining its market-leading position, particularly in the areas of customer service. Due to the annual upgrade requirements of China Mobile and its subsidiaries, we anticipate additional contract signings in the near future."
AsiaInfo-Linkage currently provides NG-BOSS systems for 18 of 31 China Mobile subsidiaries. Business Intelligence ("BI") systems, marketed as NG-BASS solutions, are currently installed at China Mobile's headquarters and 18 of 31 China Mobile subsidiaries.
About AsiaInfo-Linkage, Inc.
AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) is a leading provider of high-quality software solutions and IT services in China's telecommunications industry. Following the merger between AsiaInfo and Linkage Technologies International Holdings Limited ("Linkage") on July 1, 2010, AsiaInfo-Linkage leverages both AsiaInfo's and Linkage's leading market positions and complementary customer bases to provide a robust, comprehensive service offering primarily to China's telecom operators. AsiaInfo-Linkage's world-class R&D capabilities and extensive base of highly skilled engineers provide best-of-class solutions to help customers differentiate themselves from the competition.
For more information about AsiaInfo-Linkage, please visit www.asiainfo-linkage.com.
Cautionary Note Regarding Forward-Looking Statements
The information contained in this document is as of December 14, 2011. AsiaInfo-Linkage 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-Linkage'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; our ability to successfully integrate the business of Linkage into ours; the long and variable billing 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; and 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, 2010, and in our reports on Forms 10-Q and 8-K filed with the United States Securities and Exchange Commission and available at www.sec.gov.
For more information about AsiaInfo-Linkage, please visit www.asiainfo-linkage.com.
For investor and media inquiries, please contact: | |
In China: | |
Mr. Jimmy Xia | |
AsiaInfo-Linkage, Inc. | |
Tel: +86-10-8216-6039 | |
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it. | |
Mr. Justin Knapp | |
Ogilvy Financial, Beijing | |
Tel: +86-10-8520-6556 | |
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it. | |
In the United States: | |
Ms. Jessica Barist Cohen | |
Ogilvy Financial, New York | |
Tel: +1-646-460-9989 | |
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it. | |
SOURCE AsiaInfo-Linkage, Inc.
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