AsiaInfo-Linkage Sells Interests in Two China Entities

AsiaInfo-Linkage, Inc. ASIA ("AsiaInfo-Linkage" or the "Company"), a leading provider of telecommunication software solutions and services in China, and the largest Business Support System ("BSS") supplier to the telecommunications industry in Asia, today announced that it has sold interests in two contractually controlled entities. As previously announced, on May 12, 2013, the Company entered into an Agreement and Plan of Merger (the "Merger Agreement") with Skipper Limited, a Cayman Islands exempted company with limited liability ("Parent") and Skipper Acquisition Corporation, a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation (the "Merger"). In connection with the Merger, certain subsidiaries and employees of the Company entered into a number of agreements with two unaffiliated individuals pursuant to which such individuals purchased the Company's interests in Beijing Zhongxinjia Sci-Tech Development Co., Ltd. ("ZXJ") and Beijing Star VATS Technologies Co., Inc. ("Star VATS"). ZXJ and Star VATS were previously controlled by the Company through a series of contractual arrangements. The transfer of the Company's interests in ZXJ See full press release