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Frontiers and CPCNet to Launch High Definition
Video over IP Transport Service Lines between Tokyo and Hong Kong

Delivers real time international HD video transport using HD IP gateways


Hong Kong and Japan, 9 November, 2004 -- Frontiers Co., Ltd., Japan's leading value-added reseller of broadcast quality video transportation equipment and CPCNet Hong Kong Limited, a wholly owned subsidiary of CITIC Pacific Company (SEHK: 267) Hong Kong's New Generation carrier, today launched High Definition (HD) Video over IP Transport Service between Tokyo and Hong Kong.

The service, which leverages Ax100 Video over IP gateways from Path 1 Network Technologies Inc. (AMEX: PNO) of San Diego, CA and CPCNet's international fiber-optic network, is targeted for a wide range of companies requiring efficient and reliable video transmission services. This includes content providers, broadcast companies, CATV operators, carriers, advertising companies, medical service providers, remote education service providers and many more.

From Hong Kong, the service's coverage will be extended into China, Southeast Asia, Oceania, North America and Europe, to capitalize on the demand for global IP transport of high definition video materials for the Beijing Olympic Games in 2008.


Reliable High Definition Video over IP Transport Option
The High Definition Video over IP Transport Service is an international service that combines Frontiers' HD video transport solution and CPCNet's international backbone to transport HD video materials over IP networks at speeds of 30 Mbps without packet loss or delay.

HD video transport traditionally uses satellite channels or dedicated line services using ATM and SDH technologies. These transmission options and the physical transport of video tapes post a host of challenges ranging from restrictions in geographical reach, high manpower and transmission costs. By using the solution from Frontiers and CPCNet, broadcast grade HD video materials can be transmitted and received in a digital video format between a broader range of relay points.

The service utilizes both Ax100 Video over IP gateways for video transport, as well as, Japanese High Definition (HD) Encoders and Decoders (CODEC). The Ax100 Video-over-IP gateway is designed by Path 1 Network Technologies Inc., which guarantees Quality of Service (QoS) by converting HD video materials into IP packets for broadcast quality transmission and reconstruction while the Japanese HD CODEC is equipped with Video over IP and is a borderless technology. Frontiers has signed exclusive and non-exclusive resale agreements with Path 1 Network Technologies Inc. for Japan and the Asia Pacific region.

CPCNet provides network-based VPN services connecting major cities in China and other Asian countries over a single platform. It operates an international data network connecting around 40 cities in Greater China and Asia. The collaboration with Frontiers will enable seamless transmission of HD video transport service over CPCNet's worldwide network.

Frontiers pioneered the offering of HD Video over IP in Japan; its partnership with CPCNet will extend its service to the global marketplace enabling it to serve enterprises in Japan and the overseas market.


About CPCNet Japan Limited
(www.cpcnet.co.jp)
CPCNet Japan Limited, a subsidiary company of CPCNet Hong Kong Limited, provides telecommunication services to business clients in Japan and Asia. By owning and managing the transparent fully meshed backbone network, CPCNet Japan is able to independently offer TrueCONNECT™, the advanced MPLS-based IP VPN service, GlobalCONNECT, global data services, and a whole range of other communications products and services in Asia.


About CPCNet Hong Kong Limited (www.CPCNet.com)
CPCNet Hong Kong Limited, a wholly owned subsidiary of CITIC Pacific (SEHK:267), is a new generation carrier headquartered in Hong Kong, connecting the world to over forty other cities in Asia. The carrier of choice for corporate customers in the Asian region and around the world requiring seamless connection to China and Asia, CPCNet is set apart for its breadth of knowledge of and connections in the mainland market. CPCNet has been awarded the ISO 9001:2000 Certification issued by DNV under the United Kingdom Accreditation Service (UKAS). The certification further recognised the company's commitment to the implementation of quality management principles in its delivery of telecommunication services.

By owning and managing the transparent fully meshed backbone network, CPCNet is able to independently offer TrueCONNECT™, the advanced MPLS-based IP VPN service, and a whole range of communications products and services including GlobalCONNECT, global data services; AlwaysCONNECT, high availability mission critical connection solutions and the Secure-In-One, multiple function managed security service; along with an array of other IP-related applications and services. For more information about CPCNet, please visit www.CPCNet.com.


About Frontiers Co., Ltd. (www.big-frontiers.co.jp)
On-demand services to match customer needs in broadcast-quality video transport fields with type 2 carrier services, video transport equipment/optical amplifiers/optical components, system-integrated broadband video transport environment and line services; Development of contents exchange networks for B-to-B communications that use broadcast-quality video material.


Media Contact:

CPCNet Japan Limited
Mr Mitsuhiro Hiyoshi
Phone: +81 (3) 6717 4435
Fax: +81 (3) 6717 4532
Email: mits.hiyoshi@CPCNet.com

CPCNet Hong Kong Limited
Ms Priscilla Wat
Phone: (852) 2170 7536
Fax: (852) 2795 1262
Email: mediaenquiry@CPCNet.com

Frontiers Co., Ltd.
HD Video Transport Service Group, Frontiers Co., Ltd.
Phone: +81(426) 70 8840
Fax: +81 (426) 70 8840
Email: info@big-frontiers.co.jp


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