Marking a New Milestone for the Growth of the Company

(Hong Kong, November 14, 2013) DYXnet Group, Greater China’s ICT (Information and Communication Technology) service provider, announced today that its MPLS private network clients’ sites reached over 10,000 in the first half of 2013, grew from 90 since its startup in 1999, representing a CAGR of 40%. To celebrate this remarkable accomplishment, DYXnet will organize a series of cocktail parties in the Greater China region this year, which covers Shanghai, Hong Kong, Beijing and Taipei on November 14, November 26, December 4 and December 13 respectively.

Lap Man, Founder & CEO of DYXnet Group, stated, “We are glad that we have successfully completed the deployment of over 10,000 MPLS private network clients’ sites, thanks for the support of my team as well as our clients and business partners. This not only marks an important milestone in our company’s growth and the start of a new era in our success, but also represents our network backbone capacity in terms of scalability, functionality, reliability and manageability has reached a new level. MPLS private network remains our core service and we will continue to invest in our network, including network equipment and POPs expansion as well as service enhancements, in the future.”

According to Forrester Research, China’s information technology spending will total US$114 billion in 2013, representing an increase of 8.6% and surpassing global growth of 3.3% and the U.S. growth of 7.5%. Coupling with the outline by the Chinese Central Government that the retail sales in China will grow 15% annually from RMB18.12 trillion in 2011 to RMB32 trillion in 2015, DYXnet Group expects to increase its MPLS private network clients’ sites to 15,000 in the next 3 to 5 years. In addition, DYXnet Group will continue to advance its services across the Greater China region and plans to invest US$10 million in its network backbone upgrade, targeting to build up to 14 POPs in Mainland China in the next 18 to 36 months and reach a total of 51 POPs in Asia.

Lap Man continued, “Apart from celebrating our deployment of over 10,000 MPLS private network client sites, we are honored to upgrade our IP private network licenses with coverage from 20 provinces and cities to nationwide granted by the Ministry of Industry and Information Technology of the People’s Republic of China recently. Currently, only two industry players, including DYXnet Group, have obtained such licenses, representing our company scale, service quality as well as network coverage are well-recognized by the government of China.”

Steven Li, Vice President of Greater China at Polycom said, “We are honored to explore market opportunities in video conferencing with DYXnet and congratulate DYXnet for achieving this milestone. Video conferencing has become a business communication standard that helps companies defy distance and breaks down cultural barriers to improve productivity. Being the global leader in unified communications and collaboration (UC&C) solutions, Polycom has a long-standing business in China, in where we provide high-standard video conferencing solution services for the government, financial enterprises, education and energy companies, etc. By coupling our video conferencing equipment with DYXnet’s quality MPLS private network solutions, we can now provide the best-in-class video conferencing system to clients across the region in Hong Kong, Taiwan and China.”