PacificNet CEO and President Both Named to Global Gaming Business Magazine's 2008...

PacificNet CEO and President Both Named to Global Gaming Business Magazine's
2008 '25 People to Watch' List

MACAU, China, Jan. 7 /Xinhua-PRNewswire-FirstCall/ -- PacificNet, Inc.
(Nasdaq: PACT), a leading provider of Customer Relationship Management (CRM),
mobile internet, e-commerce and gaming technology in China, announced today
that its CEO, Mr. Tony Tong, as well as its President, Mr. Victor Tong, have
been named to the 2008 "25 People to Watch" List compiled by Global Gaming
Business Magazine. One of the most prestigious honors in the gaming industry,
the sixth annual "25 People to Watch" highlights individuals who will have a
major impact on the gaming industry in the next year.
"I am very honored to be included in this prestigious list," said Tony
Tong, PacificNet CEO. "It is nice to see that the gaming world is recognizing
our progress and potential for growth in 2008. I plan to fulfill this honor by
leading PacificNet to becoming a leading supplier of gaming products and
technology worldwide."
Victor Tong, PacificNet President, added, "To be included in this list of
the top movers and shakers in gaming is quite an honor. I believe it is a
testament to our products and our strategy. We've had much exciting news
lately, including our expansion into the China's Welfare Lottery industry as
well as the recently announced acquisition of Octavian International. We are
very excited about the prospects for 2008 and look forward to capturing a
greater market share and building shareholder value for our investors."
For the full text of the 2008 "25 People to Watch" List, please see:
here
2008/0004730517 (Due to length of URL, please cut and paste into browser.)
or see Global Gaming Business Magazine at www.ggbmagazine.com.
About PacificNet
PacificNet, Inc. (http://www.PacificNet.com) is a leading provider of
gaming and e-lottery game technology, e-commerce, and Customer Relationship
Management (CRM) in China. PacificNet's gaming products are specially designed
for Chinese and Asian gamers with focus on integrating localized Chinese and
Asian themes and content, advanced graphics, digital sound effects and popular
domestic music, with secondary bonus games and jackpots. Through its Chinese
subsidiary, PacificNet is also a legally licensed provider and sales agent for
the legalized welfare lottery gaming in the People's Republic of China.
PacificNet gaming products include: Multi-player Electronic Table Games,
Server-Based Games (SBG) with multiple client betting stations, slot and bingo
machines, Video Lottery Terminals (VLTs), Amusement With Prizes (AWP)
machines,
gaming cabinet and client/server system designs, online i-gaming software
design, and multimedia entertainment kiosks. PacificNet's gaming clients
include the leading hotels, casinos, legal lottery and gaming operators in
China, Macau, Asia, and Europe, while e-commerce and CRM clients include the
leading telecom companies, banks, insurance, travel, marketing and business
services companies and telecom consumers in Greater China such as China
Telecom, China Mobile, Unicom, PCCW, Hutchison Telecom, Bell24, Motorola,
Nokia, SONY, TCL, Huawei, American Express, Citibank, HSBC, Bank of China,
Bank of East Asia, DBS, TNT, China and Hong Kong government. PacificNet
employs about 1,500 staff in its various subsidiaries throughout China with
offices in Hong Kong, Beijing, Shanghai, Shenzhen, Guangzhou, Macau and Zhuhai
China, USA and the Philippines.
About Global Gaming Business Magazine
Global Gaming Business is the leading trade magazine published monthly
focusing on the casino gaming industry worldwide. Global Gaming Business is an
official publication of the American Gaming Association and Global Gaming Expo
(G2E). Global Gaming Business also publishes GGB Weekly, a comprehensive
weekly e-news magazine; Tribal Government Gaming, an annual publication
covering Indian gaming; Casino Design, an annual magazine covering design and
construction trends in gaming; RD&E, an annual report on the non-gaming
amenities in the casino and resort industries; and Casino Connection, two
monthly magazines for employees and executives of the Atlantic City and Nevada
gaming industries.
Safe Harbor Statement
This Company's announcement contains forward-looking statements. We may
also make written or oral forward-looking statements in our periodic reports
to the SEC on Forms 10-K, 10-Q, 8-K, etc., in our annual report to
shareholders, in our proxy statements, in press releases and other written
materials and in oral statements made by our officers, directors or employees
to third parties. Statements that are not historical facts, including
statements about our beliefs and expectations, are forward-looking statements.
These statements are based on current plans, estimates and projections, and
therefore you should not place undue reliance on them. Forward-looking
statements involve inherent risks and uncertainties. We caution you that a
number of important factors could cause actual results to differ materially
from those contained in any forward-looking statement. Potential risks and
uncertainties include, but are not limited to, PacificNet's historical and
possible future losses, limited operating history, uncertain regulatory
landscape in China, and fluctuations in quarterly and annual operating
results.
Further information regarding these and other risks is included in
PacificNet's Form 10K and other filings with the SEC.
For more information, please contact:

PacificNet USA office:
Jacob Lakhany
Tel: +1-605-229-6678

PacificNet Beijing office:
Becky Zhao
Tel: +86-10-5922-5000
23rd Floor, Building A, TimeCourt, No.6 Shuguang Xili, Chaoyang District
Beijing, China 100028

PacificNet Shenzhen Office:
Tel: + 86-755-3322-2088
Room 4203, JinZhongHuan Business Center, Futian District
Shenzhen, China 518040

PacificNet Macau office:
Tel: +853-2870-4154
Unit A-C, 12th Floor, Edificio Commercial I Tak, No. 126, Rua Da Pequim
Macau, China

SOURCE PacificNet, Inc.

Jacob Lakhany at +1-605-229-6678, or Becky Zhao at +86-10-5922- 5000, both of
PacificNet, or PacificNet Shenzhen Office at +86-755-3322-2088, or PacificNet
Macau office at +853-2870-4154