BEIJING and SANTA CLARA, Calif. -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA - News), a leading provider of telecom software solutions and IT security products and services in China, today announced that it has signed a contract with China Telecom to upgrade its Wireless Local Area Network ("WLAN") system and IP billing system for Northern Telecom, the northern division of China Telecom that covers nine provinces in northern China. This is the sixth consecutive year in which AsiaInfo has won the contract since 2002.

"This sixth successive contract win to upgrade Northern Telecom's WLAN system and IP billing system speaks to AsiaInfo's ability to deliver best-of-class, innovative software solutions in China's evolving telecom industry, and is also another opportunity to deepen our relationship with China Telecom," said Steve Zhang, AsiaInfo's president and chief executive officer. "AsiaInfo's world-class OpenBilling system offers operators reliable, scalable features that accommodate increased subscriber growth. Moreover, the system offers the flexibility needed to adapt to a diversified business model that now includes broadband, fixed line and mobile businesses -- an important requirement for China Telecom as it expands into mobile services."

AsiaInfo Inc. (Nasdaq: ASIA)