IBChannel.com: AsiaInfo's VoIP Software Drives China into the Future of IP Telephony


Irvine, Calif., May 30, 2000 (PRIMEZONE) -- IBC (www.ibchannel.com) reported today that AsiaInfo Holdings, Inc. (Nasdaq:ASIA), a leading provider of Internet infrastructure solutions and software products in China, announced today that its VoIP billing software, AIOBS VoIP, has been selected by China Netcom (CNC), China's third largest telecom operator. As AsiaInfo's software business continues to prosper, this contract win positions AsiaInfo as a leader in China's VoIP billing software market.

AsiaInfo's AIOBS VoIP billing software will be used in the second phase expansion of CNC's VoIP project. This project will reach 100 major cities in China covering an estimated 8 million pre-paid card users. AIOBS VoIP software will support all of the IP services provided by CNC including IP telephony, fax, 800 number service, Virtual Private Networks (VPN) and Voice-mail boxes.

About IBC

IBC's flagship business and finance portal, ibchannel.com, is one of the most well known destinations on the Internet. IBChannel.com has aligned with premier media companies including CNBC, Bloomberg, Raging Bull, The Street, and CNN, as well as the highest quality online financial content providers IPO.com, Morningstar, MarketXT, and StockPoint.

IBC Inc.'s business model is an innovative twist on traditional venture capital companies. Similar to Idealabs!, IBC is an e-business development bank that consults, incubates, develops, and grows global emerging growth companies in exchange for equity. IBC provides turnkey operational solutions to deriving revenues and enhancing public awareness for its partners by implementing advertising, marketing, media placement, strategic partnerships, and branding strategies.



            

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