PacificNet to Present at the Ninth Annual Global Interactive Gaming Summit & Expo

BEIJING, May 8 /Xinhua-PRNewswire/ -- PacificNet, Inc. (Nasdaq: PACT), a leading provider of Customer Relationship Management (CRM), mobile internet, e-commerce and gaming technology in China, announced today that it will present its Asian gaming technology products at the Ninth Annual Global Interactive Gaming Summit & Expo, June 5-7 (www.GIGSE.com), at the Palais des Congres, Montreal, QC, Canada. PacificNet President, Mr. Victor Tong, will also be speaking at the event on the topic of designing games for Asian players.

The Global Interactive Gaming Summit draws I-gaming companies from over 60 countries. The three day conference and tradeshow includes the exploration of current events in the industry, stimulating debates, seminars, exhibits, and networking sessions. The summits draws presenters and attendees from some of the leading companies in the gaming industry, including Microgaming, Playtech, CryptoLogic, WagerWorks (An IGT Company), First Cagayan, etc. For more information on this event, please see www.GIGSE.com.

"I am happy to have been invited to speak at this event and share our experience and expertise on the growing needs and trends of the Asian gamers," said Victor Tong, President of PacificNet. "As Asia has evolved to be the fastest growing gaming market, we believe that this is a great opportunity for us to share our vision and showcase our Asian-themed gaming products to other key players in the gaming industry. The Asian gaming market in Macau is growing at an amazing rate and according to the Macau Government, the number of visitors is expected to double by 2010. As such, we believe there will be a growing need for Asian-themed games in the near future. The Global Interactive Gaming Summit gives us the opportunity to show how we believe our games better meet the needs and wants of Asian gamers."

As of the end of 2006, Macau (a Special Administrative Region of the People's Republic of China) has become the largest and fastest-growing gaming market in the world, and surpassed the Las Vegas Strip in total revenues. According to statistics provided by Macau government, in 2006, Macau's gaming revenues exceeded US$7 billion (MOP 56.2 billion patacas), surpassing the Las Vegas Strip gaming revenues of US$6.6 billion. Macau borders Zhuhai City of Guangdong Province of China, one of the country's wealthiest and most developed regions and is an hour away from Hong Kong via ferry. In 2006, the number of tourists visiting Macau reached an all-time record of 22 million, an increase of 17 percent compared with 2005, of which 55% or 12 million visitors were from mainland China. At the end of 2006, there were 22 casinos, 83 hotels and similar establishments in Macau with close to 13,000 rooms. By 2010, the number of tourists is expected to nearly double to nearly 30 million visitors per year. Approximately one billion people live within a three-hour flight of Macau.

About PacificNet

PacificNet Inc. (http://www.PacificNet.com) is a leading provider of Customer Relationship Management (CRM), mobile Internet, e-commerce and gaming technology in China. PacificNet's clients include the leading telecom companies, banks, insurance, travel, marketing and business services companies and telecom consumers in Greater China. PacificNet's corporate clients include China Telecom, China Mobile, Unicom, PCCW, Hutchison Telecom, Bell24, Motorola, Nokia, SONY, TCL, Huawei, American Express, Citibank, HSBC, Bank of China, Bank of East Asia, DBS, TNT, Hong Kong Government, and leading hotel- casinos in Macau and Asia. PacificNet employs over 1,400 staff in its various subsidiaries throughout China with offices in Hong Kong, Beijing, Shanghai, Shenzhen, Guangzhou, Macau and Zhuhai China.

Contact:

PacificNet USA office:

Jacob Lakhany, Tel: +1-605-229-6678

PacificNet Beijing office:

Ada Yu, Tel: +86 (10) 59225000

23rd Floor, Building A, TimeCourt, No.6 Shuguang Xili, Chaoyang District,

Beijing, China 100028

PacificNet Shenzhen Office:

Tel: +86 (10) 33222088

Room 4203, JinZhongHuan Business Center, Futian District,

Shenzhen, China 518040

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