/C O R R E C T I O N -- Analysys International/

/C O R R E C T I O N -- Analysys International/

In the news release, ''Analysys International Predicts China's IPTV Market Will Explode'', issued yesterday, Oct 20, by Analysys International over Xinhua-PRNewswire, we are advised by the company that the first paragraph, first sentence, should read "into a huge market, reaching 16.7 million RMB" rather than "into a huge market, reaching 16.7 billion RMB" as originally issued inadvertently. The complete, corrected release follows:

Analysys International Predicts China's IPTV Market Will Explode

Reaching 16.65 Million Users by the End of 2009

BEIJING, Oct. 20 /Xinhua-PRNewswire/ -- Analysys International announced today they predict that Internet Protocol Television (IPTV) will become the next global industry, with a potential market of 200 billion people, while the China IPTV market will mature into a huge market, reaching 16.7 million RMB in revenue and 16.65 million in the predicted number of users by 2009. Its newly released Focus Report on IPTV China-2005 helps dispel misconceptions that this industry that is full of obstacles and provides high-valued results for business models based on a thorough understanding of the industry.

IPTV features the combination of advantages and characteristics of telecommunications, television and the Internet. Its development signifies a great revolution, moving away from the traditional networks and TV industries by achieving real interaction. However, the early stages of market cultivation posed many threats and risks while the potential for business opportunities has attracted many players.

'Uncertainty of regulations, insufficient hardware platforms, long-term obstacles of an immature value chain and unclear business models are the main concerns of key players,' according to Analysys International's study, 'But despite all these obstacles, users of IPTV in China will reach 1.17 million by the end of 2005; 2007 will be a year strong growth year for IPTV users and finally the growth rate will slow down, reaching 16.65 million users by the end of 2009.'

(Chart: http://www.analysys.com.cn/obu/nof_20051020.gif )

The famous Internet game provider Shanda who had shown its ambition to become a leading provider of IPTV to Chinese homes with its own DVB (set-top box) attracted a great deal of attention recently. Analysys International also provided significant advice on tactics such as payment methods, monthly fees and content preference for key players like Shanda.

About Analysys International

Analysys International is the leading Internet based provider of business information about technology, media and the telecom industry in China. They provide data, information and advice to 10,000 clients worldwide, representing 1,500 distinct organizations, delivering over 150 consulting engagements a year, and hold more than 20 events that draw in over 8,000 attendees. Our clients include executives from companies, technology vendors, vertical information technology users, as well as professionals from professional service companies, the investment community and government agencies. Our mission is simple and clear: 'we help our clients make better business decisions.'

For more information, please contact:

Cindy Zhang, Overseas Media Manager Tel: +86-10-6466-6565 x219 Email: cindy_zhang@analysys.com.cn

Web: http://english.analysys.com.cn http://www.analysys.com.cn/obu/nof_20051020.gif

Source: Analysys International

CONTACT: Cindy Zhang, Overseas Media Manager of Analysys International, +86-10-6466-6565 x219, or cindy_zhang@analysys.com.cn

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