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SANTA CLARA, California -- March 19, 2007 - AsiaInfo Holdings,
Inc. (NASDAQ: ASIA) has achieved Capability Maturity Model
Integration (CMMI) Level 5 Certification for software
development. CMMI is an international standard developed by the
Software Engineering Institute to assess the maturity of software
development processes. Maturity Level 5 is the highest rating
that can be achieved under the standard.
"We are proud to have joined the elite handful of companies
worldwide that received the CMMI Level 5 ranking," said Steve
Zhang, AsiaInfo's president and CEO. "The certification reflects
our commitment to continuous process improvement and providing
our clients with the highest quality software solutions and
services."
"I'm delighted to see that AsiaInfo has achieved the highest CMMI
ranking," said David Christensen, Software Engineering
Institute's Lead Appraiser of AsiaInfo. "After 68 months of hard
work by everyone in the R&D Group, AsiaInfo has achieved the
coveted title of a 'CMMI Maturity Level 5 Organization' and has
seen business performance and client satisfaction improve as a
direct result of their efforts."
AsiaInfo began its CMMI process improvement in 2001 and achieved
levels 2 and 3 in March 2002 and March 2005 respectively. In the
two years since starting the Level 5 improvements, AsiaInfo has
reduced its product delivery time by 10%, and the product quality
and project request response time has improved by 8% and 13%
respectively.
The Software Engineering Institute (SEI) is a U.S. Department of
Defense federally funded research and development center operated
by Carnegie Mellon University. The SEI helps organizations make
measured improvements in their software engineering capabilities
by providing technical leadership to advance the practice of
software engineering.
In 2004, AsiaInfo acquired substantially all of the assets
comprising Lenovo's non-telecommunications IT services business
in 2004. AsiaInfo delivered 5,472,414 shares of its common stock
to Lenovo Group in connection with the acquisition. Lenovo
Group, through subsidiary Lenovo IT Alliance Ltd., presently owns
4,113,027 shares of AsiaInfo stock.
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Copyright 2007. All rights reserved. ISSN: XXXX-XXXX.
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