BEIJING, Jan. 3, 2011 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd., ("ChinaCache" or the "Company") (Nasdaq:CCIH), the leading provider of Internet content and application delivery services in China, today announced that it has signed service agreements with three provincial subsidiaries of China Mobile, including China Mobile Guizhou, China Mobile Xinjiang and China Mobile Henan, as well as three of China Mobile's municipal operators in the province of Jiangsu, China Mobile Suzhou, China Mobile Nanjing and China Mobile Yancheng, for content and application delivery services.
Under the terms of the agreements, ChinaCache will provide integrated content and application delivery solutions including the company's Content Bridging Services to these China Mobile subsidiaries with the aim of significantly improving the user experience for China Mobile's broadband mobile users
Mobile Internet continues to be one of the primary drivers of Internet growth in China today. Total mobile users in China topped 842 million in November 2010, while total number of mobile Internet users had reached 276.8 million during the first half of 2010, according to China Internet Network Information Center. The accelerated growth in the mobile Internet sector will continue to create demand for content and application delivery services.
"We are very excited about prospects of serving these China Mobile subsidiaries. Our mobile solutions will enable millions of broadband mobile users to enjoy much better user experience," commented Mr. Song Wang, chief executive officer of ChinaCache. "We have made solid progress in the mobile Internet vertical in the fourth quarter. The addition of these China Mobile subsidiaries significantly expands our business presence and further strengthens our market leadership in the mobile Internet industry," Wang continued.
Traditional mobile communications in China has been largely confined to voice, simple data communications such as transmission of pictures and text messages including short and multi media messages. Today, rich media Internet applications including music, gaming, social networking and video are increasingly being adopted by mobile users today. Combined with wider deployment of 3G services, demand in the mobile sector for content and application delivery services is expected to continue to see strong growth.
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.
CONTACT: For investor and media inquiries please contact:
Ms. Yujie Li
ChinaCache International Holdings
Tel: +86 (10) 6408 5305
Mr. Lee Roth
The Piacente Group | Investor Relations
Tel: +1 212-481 2050