SOURCE: Fine Point Technologies

October 11, 2006 09:00 ET

China Telecom Signs Major Licensing Deal for WinPoET Broadband Management Software From Fine Point Technologies

Deal Will Add Significantly to Worldwide User Base of Industry Leading Point-to-Point Protocol Over Ethernet (PPPoE) Broadband Connection Management Software

NEW YORK, NY -- (MARKET WIRE) -- October 11, 2006 -- Fine Point Technologies, a leader in broadband network connectivity management, today announced that it has signed a licensing agreement worth in excess of $1 million with China Telecom (NYSE: CHA), the largest fixed service telecommunications provider in China.

Under the terms of the licensing agreement China Telecom will implement a customized and localized version of Fine Point's WinPoET software to enhance the quality and manageability of broadband Internet services provided to China Telecom's consumer and business customers.

China Telecom is China's largest immobile network operator and Internet provider, providing 210 million customers with voice service and 25 million customers with broadband service. It has more than 80 million Internet users and over 400 city portal webs (source: People's Daily, China).

"The licensing agreement with China Telecom is a further validation of WinPoET's market-leading capabilities in reducing support costs and enhancing service reliability for telecommunications carriers," said Todd Ruelle, Fine Point Chairman & CEO. "It is highly gratifying that WinPoET will be at the core of China Telecom's broadband solutions as demand for Internet and communications services continues to explode in this dynamic market."

With more than ten million licenses deployed worldwide, WinPoET and sister software MacPoET offer the most extensive feature set and highest levels of compatibility currently available in PPPoE broadband client applications. As part of a typical deployment WinPoET tests the compatibility of access concentrators and VPNs (Virtual Private Networks) to help minimize the customer support costs incurred by telecommunications carriers.

WinPoET's fully customizable capabilities include error messaging, packet logging and throughput monitoring. Additional features include Dynamic Ethernet Adapter Detection and Binding, and Dynamic Service Selection (DSS). WinPoET is fully compatible with Window 9x/ME/Window NT/Window 2000/XP/2003 Server and Microsoft Windows Hardware Quality Labs (WHQL) certified PPPoE drivers.

The Chinese telecommunications market presents a profound and ongoing opportunity for carrier-focused quality of service solutions like WinPoET:

--  China is the world's largest fixed telecommunications market, with 350
    million fixed-line subscribers in December 2005 (source: Gartner)
--  An impressive characteristic of the Chinese telecom ecosystem is the
    sheer scale and rate of growth of the carriers' networks, with 700 million
    fixed and mobile subscribers in 2005, the largest in the world (source:
    Gartner)
--  With a current market size of more than $80 billion, nearly 80 percent
    of China's spending on IT, and a 7 percent compound annual growth rate
    (CAGR), the Chinese telecommunications sector is an extremely significant
    part of the country's IT industry. It is expected to play a significant
    role in China's quest for a leading role in the global IT industry (source:
    Gartner)
    
Initial implementation of WinPoET will be focused on approximately three million subscribers to China Telecom's broadband Internet services. The software will be included on communications devices provided by China Telecom running Microsoft Operating Systems including Windows 9.x/ME/NT/2000/XP/2003. In addition, users of Apple compatible devices will be equipped with similarly featured MacPoET software for the Macintosh OS.

About Fine Point Technologies

Fine Point Technologies (www.finepoint.com) drives worldwide Internet access through network connectivity products that leverage Point-to-Point Protocol over Ethernet (PPPoE), Asynchronous Transfer Mode (ATM), and related technologies. Fine Point Technologies' offerings include the industry-leading PPPoE clients WinPoET (for Microsoft® Windows®) and MacPoET (for Apple Macintosh®), and ServPoET Broadband Management Server (BMS), the most cost-effective solution for terminating PPPoE sessions for any type of broadband service.

About China Telecom

China Telecom Corporation (CT) is one of the largest global telecommunications carriers in the world with over 137 million customers and more than $61 billion in assets. As the largest fixed-line provider in the world, CT owns and operates a variety of domestic and international fixed-line telecommunications networks and facilities, including local wireless loops, voice, data, image, multimedia and other telecommunications services in China. Additional information can be found at http://www.chinatelecomusa.com/.

All product or service names mentioned herein are the trademarks of their respective owners.

Contact Information

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    Director of Marketing & Media Relations
    Phone: (310) 245 9600