BEIJING, Oct. 17 /Xinhua-PRNewswire-FirstCall/ -- PacificNet Inc. (Pink Sheets: PACT), a leading provider of e-commerce and gaming technology in China, announced its participation in the China Guangxi Investment Mission 2008 led by US Consul General Robert Goldberg and Harley Seyedin, President of the American Chamber of Commerce in South China, from October 13-17 in Guangxi, China to seek market opportunities between the US and China. The mission was jointly held by the Consul General of the United States Guangzhou Province, the American Chamber of Commerce in South China (AmCham) and the Guangxi Investment Promotion Bureau.
During the Trade Mission, PacificNet Directors met with local governors and leaders including Mr. Zheng Kangjun, Mayor of Liuzhou, and Mr. Zhang Fuhai, Vice Mayor, to discuss business opportunities in the large and prosperous Guangxi Province, with a focus on the development of the Guangxi Beibu Gulf Special Economic Zone.
US Consul General Robert Goldberg commented, "In the course of my career I have been very involved in China's accession to the world and looking at China's economic development. I am looking forward to working with you to improve US-China relations and to further mutual understanding between the two countries. The trade relationship between South China and the United States is extremely important, as Guangdong alone accounts for about one-third of China's total exports. We hope to help American companies achieve the same kind of success in Guangxi as they have thrived in Guangdong province."
As the Consul General of the American Consulate in Guangzhou, Mr. Goldberg pledged to improve the overall relationship, especially economic ties, between South China and the United States. Coming to China for the first time in 1978, Mr. Goldberg has personally observed the dramatic transformation of Shenzhen from a fishing village to a part of the Pearl River Delta megalopolis and one of the wealthiest cities in China over the past two decades.
Victor Tong, CEO of PacificNet, said, "We are delighted to be part of US Consul General Goldberg's Guangxi China trade delegation and to serve as an example of how an American technology company can succeed in China. We have always felt the pulse of Asian market and our new gaming technology products reflect this as they are well suited for the China-ASEAN market because of the culture similarities. As such, we hope to expand quickly in these markets as the demand is there. Despite the global financial crisis, I believe PacificNet is well positioned for growth due to the vast number of potential customers in China that are seeking various technologies and products to streamline their operations and improve efficiencies."
About PACT
PacificNet (PACT, http://www.PacificNet.com ) is a leading provider of gaming and mobile game technology worldwide with a focus on emerging markets in Asia, Latin America and Europe. PACT's gaming products are localized to their specific markets creating an enhanced user experience for players and larger profits for operators. PACT's gaming clients include the leading hotels, casinos, and gaming operators in Macau, Europe and elsewhere around the world.
PACT employs about 500 staff in its various subsidiaries with offices in the US, Philippines, Hong Kong, Macau, and China.
For more information, please contact:
PacificNet USA Office:
Jacob Lakhany
Tel: +1-605-229-6678
Email: investor@pacificnet.com
PacificNet Beijing Office:
Becky Zhao
Tel: +86-10-5922-5000
23-F, Building A, TimeCourt, No. 6
Shuguang Xili, Chaoyang District
Beijing, China
100028
Email: Beijing@pacificnet.com
PacificNet Macau Office:
14-F, Blocks B-C
Chong Fok Commercial Centre
No. 26 Avenida de Marciano Baptista, Macau
Tel: +853-2872-8955
Email: pactgame@pacificnet.com
SOURCE PacificNet Inc.
International News / Press Release source: PR Newswire
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