March 5, 2002 — chinadotcom corporation's (NASDAQ: CHINA; Website: www.corp.china.com) wholly-owned subsidiary, Ion Global, is the subject of a new report published by global IT market intelligence firm, Gartner Dataquest Inc., a unit of Gartner, Inc. (NYSE: IT and ITB) entitled "Ion Global: The Regional E-Business Integrator in Asia/Pacific".
According to the report authored by Michele Caminos, Research Director, Gartner Dataquest, "Ion Global is the only Asia/Pacific-based professional services firm focusing on web-enabling business processes covering the Asia/Pacific region."
According to Ion Global, the company's regional presence, particularly in China gives it cost flexibility to serve multinational clients in mature markets such as the US and UK. Ion Global's recent appointment by the UK Government's Department of Trade and Industry, encompassing work from both its London and Shanghai offices, is a confirmation of such geographic synergies. Capitalizing on this, Ion Global was also recently chosen as the preferred vendor by a large UK government agency for the next three years.
"We are pleased to see Ion Global continue to generate interest and standout in the marketplace," said Peter Yip, Chief Executive Officer of chinadotcom corporation. "We continue to leverage our resources to provide superior technology and marketing solutions to enterprises, particularly for those in China, to help automate their business processes and raise productivity."
"We have definitely seen global, regional and local competitors come and go and are pleased to have been researched by Gartner Dataquest," commented Jon Winslow, Chief Operating Officer of Ion Global. "Despite today's tough market conditions, new and existing clients continue to express their confidence in us through new engagements. Our competitive differentiators, such as those mentioned in this report, should help us continue to win new projects, particularly in Asia/Pacific."
Additional information is available in the Gartner Dataquest report "Ion Global: The Regional E-Business Integrator in Asia/Pacific," 13 February 2002. This profile includes details about Ion Global's organisational structure, case studies and recent financial information and statistics.
About chinadotcom corporation
chinadotcom corporation (NASDAQ: CHINA; Website: www.corp.china.com) is a leading integrated Internet company offering e-business solutions, media assets and e-marketing services. Through its three-dimensional business model, chinadotcom provides a full range of Internet services around the world that: 1) build e-business strategies and solutions (chinadotcom e-solutions), 2) distribute content via its media assets (chinadotcom media assets), and 3) sell services through online marketing (chinadotcom e-marketing).
The company and its subsidiaries have offices in 10 markets - Japan, Korea, Australia, Mainland China, Hong Kong, Taiwan, Singapore, Malaysia, the UK and the US. For more information about chinadotcom corporation, please visit www.corp.china.com.
Safe Harbor Statement
This press release includes certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on chinadotcom management's current expectations and are subject to risks and uncertainties and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein. All forward-looking statements included in this press release are based upon information available to chinadotcom as of the date of the press release, and it assumes no obligation to update or alter its forward looking statements whether as a result of new information, future events or otherwise. Further information on risks or other factors that could affect chinadotcom's results of operations is detailed in its filings with the United States Securities and Exchange Commission, including the Annual Report for the year ended December 31, 2000 on Form 20-F filed on May 10, 2001.
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