BEIJING, Nov. 21 PACT-Attends-Show
BEIJING, Nov. 21 /PRNewswire-FirstCall/ -- PacificNet Inc. (OTC Bulletin
Board: PACT), a leading provider of e-commerce and gaming technology in China,
announced today that its President and CEO, Mr. Victor Tong, will present at
the Casino Affiliate Convention (CAC) at the Venetian Macau, November 21-22,
2008. Mr. Tong will give a presentation titled "Mobile Gaming and Lottery
Technologies in Asia" covering PacificNet's experience in mobile gaming and
lottery technology development in Asia.
"I am honored to be invited to present at the CAC gaming event," said Mr.
Tong. "PacificNet management is happy to share our experience and success in
mobile gaming and lottery product development strategy in Macau, China and
Asia. And I am very excited to have in-depth discussion with other
participants."
Mr. Tong also commented, "Based on forecasts from Juniper Research,
revenue of global mobile gaming services will expand to USD$10.5 billion in
2009 from USD$3 billion in 2006. User scale will continue to grow rapidly in
developing countries. In the coming 6 years, cumulative revenue will reach
nearly USD$57 billion worldwide with the Asia-Pacific region accounting for a
large share of this. From 2006 to 2011, cumulative revenue of the Asia-
Pacific region is predicted to account for 38% of the global market share of
mobile gaming revenue. We are excited about how rapidly mobile gaming is
expanding and the huge market potential. Despite the worldwide economic
slowdown, we are seeing impressive growth opportunities in China, Macau and
Asia and steady demand for our products in mobile gaming, lottery and e-
commerce."
The Casino Affiliate Convention is one of the largest events in the i-
gaming industry covering affiliate marketing and advertising for the internet
gaming industry, including poker and bingo. The two-day event includes
keynote speeches, networking and a large trade show. For more information,
please see http://www.cac2008.com .
About PacificNet iMobile
Headquartered in Beijing, PacificNet's iMobile subsidiary
( http://www.imobile.com.cn , http://www.18900.com & wap.17wap.com ) is the
leading e-commerce portal for mobile phone hardware, software, games and
accessories in China. iMobile is also the designated e-commerce service
provider and operator for Nokia ( http://www.shop.nokia.com.cn ) and Motorola
( http://www.motostore.com.cn ) and is responsible for the design, operation,
payment processing, customer services support hotline, CRM, and logistics
services for Nokia and Motorola in China. In addition, PacificNet iMobile
provides Internet, email, customer service, pre- and post-sale services,
logistics and Cash On Delivery (COD) services to mobile consumers in China.
iMobile's 18900.com e-commerce operations combine online internet services
with its offline customer services network comprised of a nationwide chain of
logistics 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, Xi'an, Harbin, Qiqihaer, Hunan and Changsha
(*List of iMobile's distribution network in China:
http://www.motostore.com.cn/help/city.html ). iMobile has developed into the
largest online mobile phone sales company in China 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 various other mobile products in China.
About PACT
PacificNet (OTCBB: PACT.OB) is a leading provider of gaming and mobile
game technology worldwide with a focus on emerging markets in Asia, Latin
America and Europe. PACT's gaming products are localized to their specific
markets creating an enhanced user experience for players and larger profits
for operators. PACT's gaming clients include the leading hotels, casinos, and
gaming operators in Macau, Europe and elsewhere around the world. PACT
employs about 500 staff in its various subsidiaries with offices in the US,
Philippines, Hong Kong, Macau, China.
For more information, please contact:
PacificNet USA Office:
Jacob Lakhany
Tel: +1-605-229-6678
Email: IR@pacificnet.com
PacificNet Beijing Office:
Becky Zhao,
Tel: +86-10-5922-5000
23/F, Building A, TimeCourt, No. 6 Shuguang Xili,
Chaoyang District, Beijing, China 100028
PacificNet Macau Office:
14/F, Blocks B-C, Chong Fok Commercial Centre,
No. 26 Avenida de Marciano Baptista, Macau
Tel: +853-2872-8955
SOURCE PacificNet Inc.
