PacificNet Presents Mobile & Lottery Gaming Technologies at the Casino Affiliate Convention (CAC) Macau
BEIJING, Nov. 21 /PRNewswire-FirstCall/ -- PacificNet Inc. (OTC BulletinBoard: PACT), a leading provider of e-commerce and gaming technology in China,announced today that its President and CEO, Mr. Victor Tong, will present atthe Casino Affiliate Convention (CAC) at the Venetian Macau, November 21-22,2008. Mr. Tong will give a presentation titled "Mobile Gaming and LotteryTechnologies in Asia" covering PacificNet's experience in mobile gaming andlottery technology development in Asia.
Mr. Tong also commented, "Based on forecasts from Juniper Research,revenue of global mobile gaming services will expand to USD$10.5 billion in2009 from USD$3 billion in 2006. User scale will continue to grow rapidly indeveloping countries. In the coming 6 years, cumulative revenue will reachnearly USD$57 billion worldwide with the Asia-Pacific region accounting for alarge 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 ofmobile gaming revenue. We are excited about how rapidly mobile gaming isexpanding and the huge market potential. Despite the worldwide economicslowdown, we are seeing impressive growth opportunities in China, Macau andAsia 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 internetgaming industry, including poker and bingo. The two-day event includeskeynote 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 theleading e-commerce portal for mobile phone hardware, software, games andaccessories in China. iMobile is also the designated e-commerce serviceprovider 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 logisticsservices for Nokia and Motorola in China. In addition, PacificNet iMobileprovides 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 serviceswith its offline customer services network comprised of a nationwide chain oflogistics and customer service centers covering 21 provinces and 40 majorcities 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 thelargest 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 forMotorola, Nokia, and various other mobile products in China.
About PACT
PacificNet (OTCBB: PACT.OB) is a leading provider of gaming and mobilegame technology worldwide with a focus on emerging markets in Asia, LatinAmerica and Europe. PACT's gaming products are localized to their specificmarkets creating an enhanced user experience for players and larger profitsfor operators. PACT's gaming clients include the leading hotels, casinos, andgaming operators in Macau, Europe and elsewhere around the world. PACTemploys 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: +853-2872-8955SOURCE PacificNet Inc.
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