Demonstrates International Quality Management and Processes For Software Development
BEIJING and SANTA CLARA, Calif., March 8 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA), a leading provider of telecom software solutions and IT security products and services, today announced it has achieved Capability Maturity Model Integration (CMMI) Level 5 Certification for software development. CMMI is an international standard developed by the Software Engineering Institute (SEI) to assess the maturity of software development processes. Maturity Level 5 is the highest rating that can be achieved under the standard.
(Logo: http://www.prnasia.com/sa/200611101947.jpg )
"We are proud to have joined the elite handful of companies worldwide that received the CMMI Level 5 ranking," said Steve Zhang, AsiaInfo's President and CEO. "The certification reflects our commitment to continuous process improvement and providing our clients with the highest quality software solutions and services."
"I'm delighted to see that AsiaInfo has achieved the highest CMMI ranking," said David Christensen, Software Engineering Institute's Lead Appraiser of AsiaInfo. "After 68 months of hard work by everyone in the R&D Group, AsiaInfo has achieved the coveted title of a 'CMMI Maturity Level 5 Organization' and has seen business performance and client satisfaction improve as a direct result of their efforts."
AsiaInfo began its CMMI process improvement in 2001 and achieved levels 2 and 3 in March 2002 and March 2005 respectively. In the two years since starting the Level 5 improvements, AsiaInfo has reduced its product delivery time by 10%, and the product quality and project request response time has improved by 8% and 13% respectively.
About SEI
The Software Engineering Institute (SEI) is a U.S. Department of Defense federally funded research and development center operated by Carnegie Mellon University. The SEI helps organizations make measured improvements in their software engineering capabilities by providing technical leadership to advance the practice of software engineering.
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. (Nasdaq: ASIA) is a leading provider of high-quality telecom software solutions and security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004.
Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China.
For more information about AsiaInfo, please visit http://www.asiainfo.com .
The information contained in this document is as of March 8, 2007. AsiaInfo 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'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; the long and variable 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; 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, 2005, and in our periodic reports on Forms 10-Q and 8-K (if any) filed with the United States Securities and Exchange Commission and available at http://www.sec.gov .
For more information, please contact:
For Investors:
Charles Zhang,
AsiaInfo Technologies (China), Inc.
Tel: +86-10-8216-6039
Email: ir@asiainfo.com
For Media:
Rory Macpherson,
Ogilvy Public Relations Worldwide
Tel: +86-10-8520-6553
Email: rory.macpherson@ogilvy.com
