PacificNet Games' New Gaming Machines Received Rave Reviews at the Asia GEM 2007 Gaming Show

PacificNet Games' New Gaming Machines Received Rave Reviews at the Asia GEM 2007 Gaming Show

March 26, 2007

Company Launches New Gaming Machines for the Philippine
Market and Received Positive Reviews from Asia's leading
gaming operators


    MANILA, Philippines, March 24 /Xinhua-PRNewswire/ --
PacificNet, Inc.
(Nasdaq: PACT), a leading provider of Customer Relationship
Management (CRM),
mobile internet, e-commerce and gaming technology in China,
announced today
that its subsidiary, PacificNet Games Limited (PacGames),
successfully
presented its latest Multiplayer Electronic Gaming Machines
(EGM), Sic-Bo
Machines, Baccarat Machines, Roulette Machines, and Slot
Machines at the GEM
Gaming & Entertainment Plus Leisure Expo 2007 in
Manila, Philippines, March
21-23 (http://www.AsianGemPhil.com). The machines received
rave reviews from
some of the leading casino operators in Asia including
praise from Philippine
Amusement and Gaming Corporation (PAGCOR) Casino Filipino
Chairman, Efraim
Genuino. PAGCOR is the Philippines' largest gaming
operator. In addition to
its exhibition booth, PacificNet Games also shared its
Macau success story of
its high-return multi-player gaming machines at the
"Gaming & Investment
Conference" on the first day of the conference.

    While visiting PacificNet Games' exhibition booth,
PAGCOR Chairman Efraim
C. Genuino commented, "We welcome your effort in
launching your gaming
machines for the high growth Philippine market. As one of
the leading gaming
markets in Asia, we believe the Philippines will present
huge opportunities
for the leading gaming technology providers from all over
the world."

    Tony Tong, Chairman and CEO of PacificNet, said,
"We are thankful to
PAGCOR and Chairman Efraim Genuino for giving us this
excellent opportunity to
showcase our gaming products to PAGCOR and other operators
and key players in
the Philippine casino and gaming market.  The Philippine
gaming market is even
bigger than Macau in terms of gaming machine installations
and presents huge
opportunities for PacificNet Games. This is the first time
PacificNet has had
a chance to showcase our latest gaming products at a
leading international
gaming expo in the Philippines.  We believe the Philippine
market will
continue to grow rapidly as one of the top destinations for
Chinese tourists
from China, Taiwan, Hong Kong and Macau, since it is only a
2 hour flight from
Manila to Hong Kong."

    "After achieving early success in the Macau gaming
market we believe that
we are ready to expand into other parts of Asia as we see
strong demand and
opportunities for growth in other Asian gaming
markets," said Victor Tong,
President of PacificNet. "We are satisfied with our
success in Macau as we
have quickly become one of the leading local suppliers of
gaming machines to
some of the most famous casinos in Macau and Asia.
PacGames' multi-player
Electronic Gaming Machines have quickly proven to be one of
the best
performing gaming machines designed for Asian players. We
believe the Asian
gaming market has huge growth potential and that we are
well positioned to win
more hotel-casino clients in order to capture a growing
market share as a
leading gaming technology provider throughout Asia."

    According to recent report by Global Gaming Business,
Jeffries Wall
Street, the Philippine gaming market consists of about 5000
gaming machines,
over 620 gaming tables, and over 8500 positions, and
represents the second
largest gaming market in Asia, after Macau.

    About the Philippine Amusement and Gaming Corporation
(PAGCOR)
    The Philippine Amusement and Gaming Corporation
(http://www.casinofilipino-online.com) is a 100 percent
government-owned and
controlled corporation created in 1977. PAGCOR is
consistently the third
largest income-generating arm of the Philippine government.
 In 2006, PAGCOR
generated revenues of over 726 million USD.

    PAGCOR currently operates 14 Casino Filipino branches
in major cities
aside from slot machine arcades and Casino Filipino VIP
clubs.  Casino
Filipino branches offer internationally recognized games
like Baccarat,
Blackjack, Roulette, Craps, Big & Small, Pai Gow Poker,
Stud Poker, Pontoon,
Super 6 and slot machines.

    About PacificNet

    PacificNet Inc. (http://www.PacificNet.com) is a
leading provider of
Customer Relationship Management (CRM), mobile Internet,
e-commerce and gaming
technology in China. PacificNet's clients include the
leading telecom
companies, 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,
Motorola, Nokia, SONY, TCL, Huawei, American Express,
Citibank, HSBC, Bank of
China, Bank of East Asia, DBS, TNT, Hong Kong Government,
and leading hotel-
casinos in Macau and Asia. PacificNet employs over 1,400
staff in its various
subsidiaries throughout China with offices in Hong Kong,
Beijing, Shenzhen,
Guangzhou, Macau, and branch offices in 28 provinces in
China and is
headquartered in Beijing and Hong Kong.

    PacificNet Games Limited (PacGames), is a leading
provider of Asian multi-
player electronic gaming machines, gaming technology
solutions, gaming related
maintenance, IT and distribution services for the leading
hotel, casino and
slot hall operators based in Macau, China and other Asian
gaming markets.
PacGames products include multi-player electronic gaming
machines (EGM), slot
machines, server-based downloadable games systems, Video
Lottery Terminals
(VLT) and bingo machines, including hardware, software, and
client-server
systems.

    Safe Harbor Statement

    This Company's announcement contains forward-looking
statements. We may
also make written or oral forward-looking statements in our
periodic reports
to the SEC on Forms 10-K, 10-Q, 8-K, etc., in our annual
report to
shareholders, in our proxy statements, in press releases
and other written
materials and in oral statements made by our officers,
directors or employees
to third parties. Statements that are not historical facts,
including
statements about our beliefs and expectations, are
forward-looking statements.
These statements are based on current plans, estimates and
projections, and
therefore you should not place undue reliance on them. 
Forward-looking
statements involve inherent risks and uncertainties. We
caution you that a
number of important factors could cause actual results to
differ materially
from those contained in any forward-looking statement.
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, and fluctuations in quarterly and
annual 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: [phone]

    PacificNet Beijing office:
    Ada Yu, Tel: [phone]
    23rd Floor, Building A, TimeCourt, No.6 Shuguang Xili,
Chaoyang District,
     Beijing, China 100028

    PacificNet Shenzhen Office:
    Tel: [phone]
    Room 4203, JinZhongHuan Business Center, Futian
District,
     Shenzhen, China 518040

    PacificNet Games Limited Macau Office:
    Av. Do Dr. R. Rodrigues No. 600E, Edif, First
International Commercial
     Center, P906, Macau
    Tel: [phone] Fax: [phone]