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CPCNet Boosts VPN Portfolio for China-Focused Enterprises with A New Communications Approach - Virtual Private LAN Service

Newly unveiled VPLS offers routing privacy and autonomy while providing powerful, flexible and scalable any-to-any connectivity to the Mainland


Hong Kong - 28 December 2004 -- CPCNet Hong Kong Limited (CPCNet), a CITIC Pacific Company (SEHK: 267), today announced its offering expansion to multi-site enterprises with the launch of its new Virtual Private LAN Service (VPLS). Branded as TrueCONNECT™ PREMIUM VPLS, the new service is a premium VPN service capitalizing on Ethernet infrastructure to deliver highly reliable private LAN yet sophisticated high-bandwidth connectivity to mainland China.

Developed to provide an even wider range of connectivity options to corporation branching out into China, TrueCONNECT™ PREMIUM VPLS allows customers to extend their private LAN over a Wide Area Network (WAN) and connect all their sites to an Ethernet VPN. With VPLS, all sites appear to be on the same LAN even they are located in different locations, allowing customers to build secure, high-speed homogeneous network.

"We are pleased to announce the availability of TrueCONNECT™ PREMIUM VPLS which combines the simplicity and ubiquity of Ethernet with carrier-grade scalability, reliability and resiliency of MPLS. The launch of TrueCONNECT™ PREMIUM VPLS demonstrates our commitment to providing innovative and top-notch products to corporate customers," said Stephen Ho, CEO of CPCNet. "CPCNet is one of the companies to lead the launch of this powerful connectivity option so that multi-site companies can securely and efficiently extend their network into the Mainland."


TrueCONNECT™ PREMIUM VPLS strengthens CPCNet's international connectivity portfolio which includes its flagship product TrueCONNECT™ MPLS IP VPN service and GlobalCONNECT Managed International Private Leased Circuit (MIPLC), Asynchronous Transfer Mode (ATM) and Frame Relay (FR) connectivity.

The service is ideal for medium to large enterprises operating in multiple sites. It is particularly useful for companies whose security policies discourage the sharing of routing information, specifically, IP addresses, to outside party.

TrueCONNECT™ PREMIUM VPLS allows its customer to retain full routing control of their private network. This means customers not only have the upper hand on traffic prioritization, they are also able to protect their routing information.

"We understand that some of our customers have to comply with stringent security policies that prevent them from sharing network routing information with a third party. With CPCNet TrueCONNECT™ PREMIUM VPLS, our customers are given optimum routing privacy and autonomy," Ho said.

Yet, the service does not entail high upright costs. Customers may use simple Ethernet switch, bridge or hub to avail of the service. And since Ethernet is a mature and widely deployed technology, customers will not have a hard time hiring staff with appropriate skill sets. They can also do away with the training for IT personnel since there is no need to design, manage, configure and maintain separate WAN access environment.

"TrueCONNECT™ PREMIUM VPLS is a user friendly and simple-to-manage technology supporting various end user protocols while giving customers full control of their routing and security," said Ho.

Like other premium products in CPCNet's portfolio, TrueCONNECT™ PREMIUM VPLS capitalizes on the company's managed Points-of-Presence (POPs) in key cities in the Mainland and its partnership with top-tied global carriers to deliver powerful any-to-any connectivity.



About CPCNet Hong Kong Limited

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 TrueCONNECTTM, 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 CITIC Pacific Limited
CITIC Pacific Limited focuses on infrastructure development (power generation, civil facilities, aviation and telecommunications) in Hong Kong and Mainland China. The Company is also involved in motor and consumer products marketing and distribution through its wholly owned subsidiaries Dah Chong Hong and Sims Trading. The Company also develops, owns and manages properties in Hong Kong and Shanghai. The Company's philosophy is strong business and geographic focus, active management, creating shareholder value and excellent corporate governance.


Media Contact:

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


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