BEIJING, March 17, 2015 (GLOBE NEWSWIRE) -- 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 announced that it has entered into an agreement with CreditEase, a Chinese national wealth management pioneer, to provide comprehensive enterprise content delivery solutions.
Under the agreement, ChinaCache has offered Enterprise Basic Page Acceleration (EBPA) service to help CreditEase improve its website acceleration, stability and security. While enhancing its user experience, ChinaCache has reduced CreditEase's bandwidth cost and labor cost for service maintenance through a fully automatic operational support system and a proprietary traffic scheduling management system.
Given the nature of CreditEase's website for microfinance combining static and dynamic data interaction, ChinaCache has also provided its Enterprise Intelligent Page Acceleration (EIPA) service, which uses a static and dynamic content separation technology to facilitate website acceleration. EIPA overcomes the challenges of caching static and dynamic content by caching the static part locally, while delivering dynamic content to the source server via a dedicated line. As a result, EIPA eases source server load, secures dynamic data transmission and elevates user experience significantly with speedy content delivery.
In addition, ChinaCache has implemented Extended Internet Access (EIA) to provide CreditEase's global partners and international staff with a fast, efficient and high-quality Internet access to internal business applications, emails, OA and ERP systems.
"With ChinaCache's unparalleled support, Yirendai.com, CreditEase's Internet finance platform, has achieved over three million active registered users and an accumulative loan transaction amount exceeding RMB 3 billion as of January 2015," said Mr. Wang Song, founder, chairman and CEO of ChinaCache. "Yidingying, the intelligent investment and financing app of Yirendai.com, has also benefited from our advanced technologies to achieve a single-month transaction of over RMB 100 million after only five months of its launch."
"ChinaCache has abundant experience working with national financial institutions, including ICBC and other enterprise customers. Our leading enterprise solutions are customized to fit our customers' business models and needs, while ensuring the predictability of a high-performance enterprise network, enhancing its productivity, and reducing operational cost through advanced WAN optimization services. With ChinaCache's 24/7 professional CDN expertise, enterprise employees can access applications, cloud and all other services site-to-site with ultimate convenience."
Founded in 2006 and headquartered in Beijing, CreditEase is a national leader in wealth management, credit management, microfinance investment, and microcredit loan origination and servicing. Since its inception, the company has built a nationwide service network covering over 100 cities and 20 rural locations.
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
Mr. Glenn Garmont or Mr. Don MarkleyThe Piacente Group | Investor Relations
Tel: +1 212-481 2050
Source: ChinaCache International Holdings Ltd.
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