2007'06.08.Fri
PacificNet Launches "Mahjong Mobile Pact" for World Series of Mahjong - Mobile Game Designed to Promote Playing Mahjong Anywhere
June 07, 2007
MACAU, China, June 7 /Xinhua-PRNewswire/ -- PacificNet, Inc. (Nasdaq: PACT), a leading provider of gaming and mobile game technology, e- commerce, and Customer Relationship Management (CRM) in China, announced today that it will launch a new mobile Mahjong game for the "2007 World Series of Mahjong." The three-day World Series of Mahjong tournament to be held at Wynn Macau on June 15-17 is expected to gather the most skilled Mahjong players in the world, competing for the Mahjong World Championship with the guaranteed minimum purse of US $1 million. The champion is guaranteed to pocket US$500,000 single-handedly, the largest cash prize in the history of tournament Mahjong. PacificNet has been designated as the official telecom and mobile provider for the World Series of Mahjong. PacificNet's newly launched "Mahjong Mobile Pact" is a java-based mobile game designed to help players better understand the rules of the game and to allow them to practice their Mahjong skills anywhere on a Java-enabled mobile phone. Players may download the free trial version of "Mahjong Mobile Pact" from various PacificNet subsidiaries, affiliates and partner companies, including PactGames, Guangzhou Wanrong (www.my2388.com), Clickcom (www.Clickcom.com.cn), MOABC (WAP.Moabc.com), iMobile (www.iMobile.com.cn and www.18900.com ), among others. PacificNet will work closely with the World Series of Mahjong and other partners to promote the game of Mahjong via the internet and mobile internet portals. Tony Tong, Chairman and CEO of PacificNet, commented, "Being the designated telecom and mobile provider for the Mahjong competition with the largest purse in the world, PacificNet is trying to push this game in every possible way in an attempt to attract players of all skill levels. With an estimated 100 million Mahjong players worldwide, Mahjong is considered to be the national pastime game of China and is the most widely played gambling game in the world, especially in China, Taiwan, Japan, Korea, and most Asian countries." According to industry forecasts, mobile online games will become vastly more popular with the advent of 3G networks in China. Forecasts frequently note that online and offline mobile gaming differs greatly in terms of their service models. Online gaming uses a telecom service model earning revenues from traffic fees during play, while offline mobile gaming is simply a game application downloaded onto a handset for a small fee. The forecasts predict strong growth for WAP, JAVA and BREW, while the proportion of SMS-enabled games will drop. With over 400 million mobile phone users, China has already become the largest mobile population in the world. Moreover, the number of mobile users is still growing rapidly and has far exceeded the number of PC based internet users, which is about 120 million, in China. About the World Series of Mahjong The World Series of Mahjong is a 3-day, single-elimination format tournament. Please visit the official website www.world-series-mahjong.com for rules, format, scoring system and schedule of play. The registration fee is a non-refundable sum of US $5,000. Payment of the fee will guarantee a player's seat at the tables and a chance to win one of the cash prizes. Prizes will be awarded to the top 32 players. The tournament will be held at the fabulous Wynn Macau Hotel and Casino on June 15-17, 2006. All tournament functions will take place in the hotel's Grand Ballroom and function rooms on the second floor. About PacificNet PacificNet, Inc. (http://www.PacificNet.com) is a leading provider of gaming and mobile game technology, e-commerce, and Customer Relationship Management (CRM) in China. PacificNet's gaming products are specially designed for Chinese and Asian gamers with focus on integrating localized Chinese and Asian themes and content, advanced graphics, digital sound effects and popular domestic music, with secondary bonus games and jackpots. PacificNet gaming products include: Multi-player Electronic Table Games - Baccarat, Sicbo, Fish- Prawn-Crab, Mahjong, and Roulette machines, Server-Based Games (SBG) with multiple client betting stations, slot and bingo machines, Video Lottery Terminals (VLTs), Amusement With Prizes (AWP) machines, gaming cabinet and client/server system designs, online i-gaming software design, and multimedia entertainment kiosks. PacificNet's gaming clients include the leading hotels, casinos, and gaming operators in Macau, Asia, and Europe, while ecommerce and CRM clients include the leading telecom companies, banks, insurance, travel, marketing and business services companies and telecom consumers in Greater China such as 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, China and Hong Kong government. PacificNet employs about 1,200 staff in its various subsidiaries throughout China with offices in Hong Kong, Beijing, Shanghai, Shenzhen, Guangzhou, Macau and Zhuhai China, USA, and the Philippines. PacificNet's Major Operation Subsidiaries: 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. Take1 Technologies (www.take1technologies.com), is in the business of designing and manufacturing electronic multimedia entertainment kiosks, coin- op kiosks and machines, Electronic Gaming Machines (EGM), bingo and slot machines, AWP (Amusements With Prizes) games, server-based downloadable games systems, and Video Lottery Terminals (VLT) such as Keno and Bingo machines, including hardware, software, and cabinets. Pacific Solutions Technology, is a CMM Level 3 certified software development center with over 200 software programmers located in Shenzhen, China, and specializes in the development of client-server systems, internet e-commerce software, online and casino gaming systems and slot machines, as well as banking and telecom applications using Microsoft Visual C++, Java, and other rapid application development tools. PacificNet Epro (www.EproTel.com.hk): CRM Call Center and Customer Services Outsourcing PacificNet Clickcom (www.clickcom.com.cn), MOABC.com : VAS,SP,( SMS, WAP) Guangzhou Wanrong (www.my2388.com): VAS, SP, (SMS,MMS,IVR,WAP, Java Games) PacificNet Communications Limited, iMobile, (www.imobile.com.cn, www.18900.com, wap.17wap.com) 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: +1-605-229-6678 PacificNet Beijing office: Ada Yu, Tel: +86 (10) 59225000 23rd Floor, Building A, TimeCourt, No.6 Shuguang Xili, Chaoyang District, Beijing, China 100028 PacificNet Shenzhen Office: Tel: +86 (10) 33222088 Room 4203, JinZhongHuan Business Center, Futian District, Shenzhen, China 518040 PacificNet Macau office: Tel: +853 28704154 Unit A-C, 12th Floor, Edificio Commercial I Tak, No. 126, Rua Da Pequim, Macau, China
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