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 Press Release


Unitech Networks Expands Business in PRC, with New Office in Shanghai

To Tap into the Rapidly-Growing Internet Market in East China

(HONG KONG - July 4, 2000) Unitech Networks Ltd, an Internet infrastructure provider in Asia Pacific, today announced its expansion in People Republic of China, opening new office in Shanghai - the commercial and financial center of the country with the fastest growing Internet population. It shows the commitment of Unitech Networks in the Internet industry in PRC, with direct presence in the three most wired regions in the country, namely Beijing, Guangdong and Shanghai.

Shanghai, which is the third most wired place accounting for 11 per cent of total Internet users in PRC, particularly provides enormous business opportunities to Unitech Networks. The city reports the fastest growth in Internet usage, with a dramatic 995 per cent increase in Internet population in 1999, according to China Internet Network Information Center.

The Internet boom has been causing huge demand from more Internet service providers, content providers and e-commerce players to construct and upgrade their Internet infrastructure - the area for Unitech Networks to contribute - in order to sustain the substantial growth, said Alex Chan, Chief Executive Officer of Unitech Networks.

"It is essential for Internet companies and e-businesses to compete and succeed by taking early steps to enhance their Internet network set-up," said Mr Chan, "They have to strive for outstanding performance - in terms of faster content delivery, guaranteed and managed quality of service, high availability and scalability, better security as well as easier and more convenient management."

Unitech Networks aims at developing and providing high value-added and complete solutions for carriers, service providers and e-businesses to enhance their Internet infrastructure and applications, resulting in a win-win situation for itself and its customers.

Seeing the high-flying Internet market in PRC, Unitech Networks will continue its investment and expansion in the country, which is playing an increasingly important role in the Asia Pacific Internet market. China is expected to take the top spot in Internet usage in the region in two to three years.

Unitech Networks has its business grown the most rapidly in Mainland China, at a pace of triple-digit growth annually. It expects more cross-region projects covering the Mainland as well as Hong Kong, as more service provider customers such as the emerging data centers are running business across the whole Greater China region.

Unitech Networks is traditionally strong in ISP, ICP and service provider market. The company has recently completed Internet infrastructure projects for Hunan PTA and Daqing PTT 163 in PRC to upgrade the infrastructure of both service providers, by implementing caching and load balancing solutions for faster and more reliable performance. On the other hand, ICPs including Sina.com - the most popular portal in China - and Guanzhou-based PC Online have adopted the Internet solutions from Unitech Networks for more efficient content delivery.

About Unitech Networks Ltd

A fast-moving Internet infrastructure provider in Asia Pacific, Unitech Networks is specialized in providing high value added Internet infrastructure and web applications for service providers and enterprises to effectively transform and run business in the Internet world. It succeeds with its technological expertise, rich experience and dynamic culture, able to provide time-to-market and innovative solutions for all kinds of e-business. Unitech Networks is committed to continuous technological and commercial advancement, turning Internet technologies into business opportunities so as to grow with customers in the e-business boom.

Headquartered in Hong Kong, Unitech Networks can provide region-wide services with operations in Guangzhou, Shanghai, Beijing, Singapore and Malaysia, and service partners in the rest of the region.

For more info, please visit our home page at http://www.unitechnetworks.com.

Contacts:

Fiona Lam
Unitech Computer Systems Ltd.
(A member of Unitech Networks Ltd.)
Tel: +852-2990-7682
Email: fional@unitechnetworks.com

Victoria Lim
Unitech Computer Systems Ltd.
(A member of Unitech Networks Ltd.)
Tel: +852-2990-7605
Email: victorial@unitechnetworks.com

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