MACAU TECHNOLOGY PROVIDER SHOWCASES NEW ONLINE GAMES

29 June 2007

g2e Asia chosen to unveil new online casino games

The China-facing and Macau-based online gambling and mobile game technology provider Pacific Net Inc used the recent Global Gaming Expo in Macau to showcase its range of online gambling games developed by subsidiary Pact Games, expanding its business potential with Asian online gambling operators.

The company claims that its new iGaming multi-player software is designed for Asian players, and received rave reviews from some of the leading casino and iGaming operators in Asia.

PactGames develops gaming systems, software and hardware platforms for the land-based and online gambling industry, primarily targeting the fast growing Asian gaming market. The latest iGaming products are targeted at the large number of land-based operators making an online debut, and include virtual baccarat, sicbo, fish- prawn-crab, card games, poker, bingo, mobile gaming, live gaming, land-based kiosk networks, slot, RNG and fixed-odds games. These are backed by a powerful management interface that allows the operators to effectively manage games and user accounts.

PacificNet has over 1 200 personnel in Asia, with 300 engineers engaged in research and development of current and future gaming technologies for land- based and online operators.

"We are delighted to introduce our new online gaming products for the Asian operators," said Tony Tong, Chairman and CEO of PacificNet. "As Asia has evolved into the fastest growing market in both land-based and online gaming, we believe there is a great demand for our Asian-themed gaming products.

"With our teams of programmers in China and Macau we believe that our games will better suit the needs and wants of Asian gamers and operators.

"Addressing the need for multi-station electronic table games such as sic-bo dice, fish-prawn-crab, baccarat, roulette and other Asian traditional table games, we have released a series of multi-player electronic gaming machines. These include a hybrid sic-bo and baccarat gaming device which allows a player to make bets at a sit down electronic terminal while viewing a live dealer turn the cards or roll the dice by a centralized TV monitor as well as at the machine.

"We believe that we are the one and only electronic gaming provider actually based in Macau, giving us a competitive advantage both on the R&D side, knowing what Asian gamers want, as well as on the sales and service side."

"The move into online internet games is a natural expansion for PacificNet to expand its synergy with many of its operating subsidiaries in CRM and internet/mobile partners," said Victor Tong, President of PacificNet.

"PacificNet's subsidiary, MOABC.com, is a leading mobile internet portal in China with 11 million registered users and boasts one of the top-ranked mobile internet sites featuring mobile social networking, mobile games, and entertainment. With over 11 million registered users, MOABC is a well-known brand and top-ranked mobile internet site providing mobile social networking services to the all-important demographic of young and trendy mobile users in China.

"We believe that China's internet and mobile gaming and entertainment market will surge in the coming years as a result of the expected launch of 3G services. We expect strong synergies among PacificNet's group of companies in the mobile e-commerce and gaming areas."

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 has already 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, 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.

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