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1-Net and CPCNet Form Alliance to Deliver Top-Notch Network Solutions to Enterprises in China, Hong Kong and Singapore


Hong Kong – December 1 2003 - CPCNet, a CITIC Pacific Company (SEHK 267) today announced that a strategic collaboration has been formed with 1-Net Singapore (“1-Net”), a wholly-owned subsidiary of MediaCorp, to offer dedicated link to interconnect companies with presence in Singapore, Hong Kong & China.

With strong economic growth in the mainland and the world globalization trend, there is an ever-increasing demand for a perfect cross-border and worldwide communications network. The collaboration between CPCNet and 1-Net will further satisfy customers with aspiring needs for a reliable and efficient network in Singapore and the Greater China region to further connect enterprises in these areas with a total network solution.

“We are witnessing rapid growth in Greater China and in the region, and we are also seeing dramatic increase in demand for quality voice and data traffic. This new partnership between CPCNet and 1-Net will capitalize on the strengths of both companies to offer premier-class connectivity services to customers in Singapore and Greater China”, said Mr. Stephen Ho, Chief Executive Officer of CPCNet Hong Kong Ltd.

“The collaboration with CPCNet enables 1-Net to offer high quality and reliable connection which allows Singaporean based enterprises with regional presence in Hong Kong and China to integrate their video, data, voice and other mission-critical applications”, said Mr Homer Tan, Chief Operating Officer of 1-Net.

CPCNet has its own MPLS based IP VPN service with different classes of service (CoS) offered, branded TrueCONNECT™. The alliance with 1-Net will further provide a customised solution to enterprises for the delivery and management of quality connectivity in Singapore and in Greater China.

“We believe this alliance can further demonstrate our commitment to provide world class communications services, and can enhance our customers’ competitiveness and operational efficiencies, adding significant value to our customers in Asia Pacific,” said Mr. Stephen Ho.

“With the globalisation effort of many enterprises in Singapore, this collaboration with CPCNet enables us to provide our customers with a one-stop service for all their data communications needs to Greater China via a single point of contact from ordering to billing. We are very excited about the partnership which marks another important milestone for us in our regional development”, Mr Homer Tan said.

About 1-Net Singapore

1-Net Singapore is a leading infocomm technology solutions provider and the operator of the nation’s broadband network, SingaporeONE.

As one of the pioneers of broadband development in Singapore, 1-Net operates the nationwide core network of Asynchronous Transfer Mode (ATM) switches to facilitate the delivery of broadband multimedia services.

1-Net currently manages telco-class Internet Data Centres, along with providing domestic and international connectivity, professional services, managed services and media delivery services.

1-Net is a wholly owned subsidiary of MediaCorp, the largest and most established broadcaster in Singapore with a complete range of media businesses spanning TV, Radio, Entertainment Production, Newspapers, Magazines, Electronic Media and other broadcasting services.


Media Contact:
Priscilla Wat
Phone: 852-2170-7536
Email: mediaenquiry@CPCNet.com


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