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PRNewswire: Xin Net Corp. Announces Subscriber Base Reaches 100,000

Feb 29, 2000, 19:46 (0 Talkback[s])

"Xinnet (OTC Bulletin Board: XNET) is pleased to announce that its client base has reached a milestone of 100,000 subscribers. Started as a pure Internet Service Provider in the spring of 1997, Xinnet has enjoyed steady increases of its subscribers over the past 3 years. Xinnet also expects the popularity of its ChinaDNS Domain Name Registration service to continue since its introduction in mid-1999."

"Furthermore, Xinnet is also pleased to announce that it has converted its existing e-Commerce platforms to the Linux operating system. Management recognizes that Linux is the system of choice for e-Commerce and has invested substantial time and effort in the conversion. The decision aims at achieving two goals: (1) to have a Linux as well as an NT platform, and (2) to develop in-house Linux expertise. Xinnet is now confident that it has all the necessary software and Linux team to operate the company's e-Business."

"Xinnet provides Internet access and content (www.xinnet.com.cn), online domain name registration, website hosting, design & management (www.ChinaDNS.com) and online auction (www.xinbid.com). It currently operates in Beijing, Guangzhou, Shanghai and Shenyang and has ISP licenses for six (6) other Chinese cities. Its subscriber base has reached 100,000 including domain name registrants."

Press Release