PacificNet Moves from the Pink Sheets to the OTC Bulletin Board

BEIJING, Oct. 29 /Xinhua-PRNewswire-FirstCall/ -- PacificNet Inc.

(OTC Bulletin Board: PACT), a leading provider of e-commerce and gaming technology in China, announced that its common stock has begun trading on the OTC Bulletin Board (OTCBB). PacificNet's common stock was previously quoted on the Pink Sheets.

"We are very happy to announce our move from the Pink Sheets to the OTCBB," said Victor Tong, PacificNet's CEO. "We hope the added credibility of having our common stock quoted on the OTCBB will result in increased liquidity for PacificNet as well as increased exposure to the investment community."

About PACT

PacificNet (PACT) is a leading provider of gaming and mobile game technology worldwide with a focus on emerging markets in Asia, Latin America and Europe. PacificNet's gaming products are localized to their specific markets creating an enhanced user experience for players and larger profits for operators. PacificNet's gaming clients include the leading hotels, casinos, and gaming operators in Macau, Europe and elsewhere around the world. PacificNet also maintains legacy subsidiaries in the call center and

e-commerce business in China. PacificNet employs about 500 staff in its various subsidiaries with offices in the US, Hong Kong, Macau, and China. For more information please visit http://www.PacificNet.com and http://www.PactGame.com .

For more information, please contact:

PacificNet USA office:

Jacob Lakhany

Tel: +1-605-229-6678

Email: investor@pacificnet.com

Related stocks: NASDAQ:PACT