ChinaCache Launches Next Generation Cloud-Based CDN Platform
February 04 2015 - 8:00AM
ChinaCache International Holdings Ltd. ("ChinaCache" or the
"Company") (Nasdaq:CCIH), the leading total solutions provider of
Internet content and application delivery services in China, today
officially announced the launch of the Company's next generation
cloud-based CDN platform, High Performance Cloud Cache ("HPCC").
HPCC offers customers enhanced stability and utilization through a
unified distribution platform that dispatches available bandwidth
across all customer verticals. The result is better traffic load
balance, higher bandwidth reuse rates, lower maintenance costs, and
greater efficiency through automated dispatching that maximizes
bandwidth utilization, accelerates bandwidth allocation, and
minimizes the potential for human error as compared with
traditional CDN architectures.
"By 2018, 55% of all global Internet traffic will cross content
delivery networks like ours, up from 36% in 2013, due in large part
to the surging popularity of online video," said Mr. Wang Song,
founder, chairman and CEO of ChinaCache. "By upgrading our CDN to a
more efficient cloud-based platform, we are well positioned to
address this significant market opportunity. ChinaCache is well
known for our innovative solutions that empower our customers in
making their web experiences fast and reliable. With the
implementation of HPCC, we continue to extend the value proposition
to our customers via a new set of infrastructure capabilities in
improving the overall user experiences."
ChinaCache estimates that HPCC will allow approximately 30%
reduction in capital expenditures as compared with the Company's
traditional CDN platform. Additionally, ChinaCache customers
migrating to HPCC will be offered additional value-added services
in the areas of security, storage and analytics. HPCC platform
migrations are expected to be fully complete by the second quarter
of 2015.
About ChinaCache International Holdings
Ltd.
ChinaCache International Holdings Ltd. (Nasdaq:CCIH) is the
leading total solutions provider of Internet content and
application delivery services in China. As a carrier-neutral
service provider, ChinaCache's network in China is interconnected
with networks operated by all telecom carriers, major non-carriers
and local Internet service providers. With more than a decade of
experience in developing solutions tailored to China's complex
Internet infrastructure, ChinaCache is a partner of choice for
businesses, government agencies and other enterprises to enhance
the reliability and scalability of online services and applications
and improve end-user experience. For more information on
ChinaCache, please visit ir.chinacache.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. ChinaCache may also
make written or oral forward-looking statements in its reports
filed or furnished to the U.S. Securities and Exchange Commission,
in its annual reports to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Forward-looking statements
involve inherent risks and uncertainties. A number of factors could
cause actual results to differ materially from those contained in
any forward-looking statements, including but not limited to the
following: the Company's goals and strategies, expansion plans, the
expected growth of the content and application delivery services
market, the Company's expectations regarding keeping and
strengthening its relationships with its customers, and
the general economic and business conditions in the regions where
the Company provides its solutions and services. Further
information regarding these and other risks is included in the
Company's filings with the U.S. Securities and Exchange
Commission. All information provided in this press release is
as of the date of this press release, and ChinaCache undertakes no
duty to update such information, except as required under
applicable law.
CONTACT: For investor and media inquiries please contact:
Investor Relations Department
ChinaCache International Holdings
Tel: +86 (10) 6408 5307
Email: ir@chinacache.com
Mr. Glenn Garmont or Mr. Don Markley
The Piacente Group | Investor Relations
Tel: +1 212-481 2050
Email: chinacache@tpg-ir.com
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