HONG KONG and BEIJING, Aug. 15, 2012 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (:CCIH, news), the leading total solutions provider of internet content and application delivery services in mainland China, and Hutchison Global Communications Limited ("HGC"), the fixed-line operation of Hutchison Telecommunications Hong Kong Holdings Limited (HKex Stock Code: 215), today jointly announced that the two companies have signed a memorandum of understanding (MOU) to create a mutually beneficial collaboration and explore Asian markets for the provision of Content Delivery Network (CDN) services together. It is a collaboration between ChinaCache and HGC's international operations.
Under the MOU, ChinaCache will establish CDN and Cloud nodes at HGC's data centers with facilities, including hardware, software and cabinets, provided by HGC. The two companies intend to work closely together and support each other in developing the markets of mainland China, Hong Kong, and other regions in South East Asia to bring high-quality services and enhanced user experience to customers in these markets.
"We are very excited to partner with HGC. HGC has an extensive global footprint and a strong presence in Hong Kong, South East Asia and the Americas. We are delighted to put our expertise in CDN together with HGC's rich experience in managing world-class global network and data centers to provide quality services to more customers in Asia," commented Mr. Song Wang, founder, chairman and CEO of ChinaCache.
"The MOU has underscored ChinaCache and HGC's concerted effort to bring the best and the widest range of telecom products and services to customers. We believe that ChinaCache's CDN services will help enhance HGC's service portfolio and its capabilities to access mainland China's Internet contents in terms of volume, speed and readiness for customers in Hong Kong and overseas," said Andrew Kwok, President of International Business at HGC.
CDN is an internet-based content and applications distribution network, which seeks to enhance end user experience by accelerating and stabilizing webpage views, file downloading, online transactions, video streaming, and instant messaging, among others.
About Hutchison Global Communications Limited
Hutchison Global Communications Limited (HGC) owns one of the largest fiber-to-the-building telecommunications networks in Hong Kong. Since establishment in 1995, it has been fully committed to building its own 100% optical-fiber network infrastructure and introducing the most advanced facilities. Coupled with its four cross-border routes integrated with all three of mainland China's tier-one telecommunications operators and world-class international network, HGC provides a comprehensive range of fixed-line telecommunications services locally and overseas. HGC is a subsidiary of Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH, Stock Code: 215). HTHKH is a leading integrated telecommunications service operator, offering mobile and fixed-line services to local and international customers.
For more information on HGC, please visit www.hgc.com.hk.
For more information on HTHKH, please visit www.hthkh.com.
About ChinaCache International Holdings Ltd.
ChinaCache International Holdings Ltd. (NASDAQ:CCIH) is the leading total solutions provider of internet content and application delivery services in China. As a carrier-neutral service provider, ChinaCache's network in China is interconnected with networks operated by all telecom carriers, major non-carriers and local Internet service providers. With more than a decade of experience in developing solutions tailored to China's complex internet infrastructure, ChinaCache is a partner of choice for businesses, government agencies and other enterprises to enhance the reliability and scalability of online services and applications and to improve end-user experience. For more information on ChinaCache, please visit en.chinacache.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. ChinaCache may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ChinaCache's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company's goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company's expectations regarding keeping and strengthening our relationships with its customers, and the general economic and business conditions in the regions where the Company provide its solutions and services. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and ChinaCache undertakes no duty to update such information, except as required under applicable law.
CONTACT: Mr. Bowen Liu Investor Relations Director ChinaCache International Holdings Tel: +86 (10) 6437 3399 Email: email@example.com Ms. Ada Yeung Corporate Communications Hutchison Global Communications Limited Tel: +852 2128 3108 Email: firstname.lastname@example.org