BEIJING, April 22, 2013 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (Nasdaq:CCIH), the leading total solutions provider of Internet content and application delivery services in China, today announced that it has established a strategic partnership with China Tietong Telecommunications Corporation ("China Tietong"), a wholly-owned subsidiary of China Mobile Communications Corporation and the third largest fixed-line Internet service provider in China.
Under the partnership, the two parties will join efforts to develop a content delivery network in China for China Tietong. ChinaCache will leverage its technical expertise and dedicate its resources including technical support, customer care, marketing and professional services support. In conjunction with these efforts, China Tietong will deploy servers and other necessary hardware to build the content delivery network infrastructure and operate the network with the support of ChinaCache. Together, the companies strive to maximize both Internet and mobile end user experience, while reducing network-related costs and improving network efficiencies.
"We are delighted to partner with China Tietong on this exciting initiative, which we believe is the first of its kind in the industry. Under this agreement, we will embed our leading CDN technologies into China Tietong's nationwide network to help improve end-user experience," commented Mr. Song Wang, Founder, Chairman and CEO of ChinaCache. "We are pleased to be able to contribute our substantial experience and industry-leading technologies and we look forward to potentially extending international expansion opportunities through this important partnership with China Tietong. We will continue to seek various types of strategic partnerships with carriers that benefit both parties, as well as millions of Internet users."
China Tietong, a state-owned telecommunications operator in China, provides xDSL, xPON, and fixed-line telephone services with their nationwide backbone network. It is the third largest fixed-line Internet service provider in China, after China Telecom and China Unicom. In May, 2008, China Tietong was taken over by China Mobile Communications Corporation and became its wholly-owned subsidiary.
About ChinaCache International Holdings Ltd.
ChinaCache International Holdings Ltd. (Nasdaq:CCIH) is the leading total solutions provider of Internet content and application delivery services in China. As a carrier-neutral service provider, ChinaCache's network in China is interconnected with networks operated by all telecom carriers, major non-carriers and local Internet service providers. With more than a decade of experience in developing solutions tailored to China's complex Internet infrastructure, ChinaCache is a partner of choice for businesses, government agencies and other enterprises to enhance the reliability and scalability of online services and applications and improve end-user experience. For more information on ChinaCache, please visit en.chinacache.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. ChinaCache may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ChinaCache's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company's goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company's expectations regarding keeping and strengthening our relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and ChinaCache undertakes no duty to update such information, except as required under applicable law.