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PacificNet iMobile Partners With Nokia to Provide Online E-Commerce Distribution in China

26 May 2006

PacificNet Inc. (Nasdaq: PACT), a leading provider of Customer Relationship Management (CRM) and telemarketing services, call center, Direct Response Television (DRTV) and Value-Added Services (VAS) in China, announced today that its subsidiary PacificNet iMobile has become the sole authorized service provider of Nokia (NYSE: NOK) for its official Nokia Online Store (http://www.shop.nokia.com.cn) in China.


Nokia's Online Store is an online shopping platform granted by Nokia Corporation and operated by PacificNet iMobile. It was developed to provide an extraordinary one-stop shopping experience for Chinese consumers.


In the cities with distribution centers, logistics personnel will deliver the goods door-to-door for free within three business days while in other regions without distribution centers, EMS will be used and no fees will be charged. In most cases, the goods will be shipped the day after payment receipt and will reach the customer within 3-5 days. iMobile's customer service is just a phone call away and will help solve any problems encountered on site.


PacificNet iMobile's distribution center, logistics chain and customer service center covers 40 cities in 21 provinces to provide convenience and a high quality of service to their customers. They include Beijing, Shanghai, Chongqing, Tianjin, Chengdu, Dalian, Qingdao, Guangzhou, Shenzhen, Zhuhai, Dongguan, Hangzhou, Ningbo, Wenzhou, Nanjing, Wuhan, Xi'an, Harbin, Qiqihaer, Henan and Changsha.


Zhang Wei, General Manager of PacificNet iMobile, stated, "We are proud to partner with Nokia, the world leader in mobile communications, to provide Nokia's official online store and to serve an important role in enhancing Nokia's customer relationship management (CRM) in China. Our iMobile distribution centers are operating under strict guidelines and workflow process control to ensure that all of the mobile products purchased contain the authentic trademark and licenses of Nokia, thus preventing the customers from purchasing counterfeit products or cross-channel imports. PacificNet iMobile's high service standard and quality track record allows us to further protect legitimate rights and interests of our consumers."


"We believe the opportunity with one of the largest and most widely recognized communications providers in the world is substantial," said Victor Tong, President of PacificNet. "iMobile has demonstrated the ability to support a wide range of online and offline marketing initiatives, and with the growing demand for communications services in China we feel the potential to generate strong revenue from this relationship is significant."


About Nokia


Nokia (NYSE: NOK) (http://www.nokia.com) is the world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices, and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations.


About PacificNet iMobile


iMobile (http://www.imobile.com.cn and http://www.18900.com) is the leading internet e-commerce distributor of mobile products in China. They provide Internet, email, customer service centers, pre and post-sale services, logistics and cash-on-delivery (COD) services to mobile related consumers in China. iMobile's 18900.com e-commerce operations combine online internet services with its offline customer services network composed of a nationwide chain of logistic and customer service centers covering 21 provinces and 40 major cities in China, including Beijing, Shanghai, Chongqing, Tianjin, Chengdu, Dalian, Qingdao, Guangzhou, Shenzhen, Zhuhai, Dongguan, Hangzhou, Suzhou, Ningbo, Wenzhou, Nanjing, Wuhan, Xian, Harbin, Qiqihaer, Hunan, Changsha, etc. iMobile has developed into the largest online mobile phone selling company and has partnered with Sina, Netease, China.com, joyo.com, and 263.net on e-commerce cooperation. iMobile's 18900.com operation is the designated Internet distributor for Motorola, Nokia, and NEC's mobile products in China.


About PacificNet


PacificNet Inc. (http://www.PacificNet.com), through its subsidiaries, invests in and operates companies that provide outsourcing and Value-Added Services (VAS) in China, such as call centers, telemarketing, direct response television (DRTV) marketing, CRM, interactive voice response (IVR), mobile applications, and communications product distribution services. PacificNet's clients include the leading telecos, banks, insurance, travel, marketing, and business services companies, and telecom consumers, in Greater China. PacificNet's corporate clients include China Telecom, China Mobile, Unicom, PCCW, Hutchison Telecom, Bell24, SONY, TCL, Huawei, American Express, Citibank, HSBC, Bank of China, Bank of East Asia, DBS, TNT, and Hong Kong Government. PacificNet employs over 2,300 staff in its various subsidiaries throughout China with offices in Hong Kong, Beijing, Shenzhen, Guangzhou, and branch offices in 26 provinces in China, and is headquartered in Minneapolis USA and Hong Kong.


PacificNet Communications Limited ("PacCom"), incorporated in Hong Kong, is a wholly owned subsidiary of PacificNet that specializes in the distribution of communications products and telecom related services in Hong Kong and Greater China.


Safe Harbor Statement


This Company's announcement contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Potential risks and uncertainties include, but are not limited to, PacificNet's historical and possible future losses, limited operating history, uncertain regulatory landscape in China, fluctuations in quarterly operating results. Further information regarding these and other risks is included in PacificNet's Form 10K and other filings with the SEC.


Contact:


PacificNet USA office: Jacob Lakhany, Tel: +1-605-229-6678


PacificNet Beijing office: Ada Yu, Tel: +86 (10) 59225000


Rm. 2303, 23/F, Tower A, TimeCourt, No.6 Shuguang Xili,


Chaoyang District, Beijing, China 100028


investor@pacificnet.com


or CEOcast, Inc. for PacificNet


Ed Lewis, 212-732-4300

Source: prnewswire





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