BEIJING, Feb. 4, 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 officially announced the launch of the Company's next generation cloud-based CDN platform, High Performance Cloud Cache ("HPCC"). HPCC offers customers enhanced stability and utilization through a unified distribution platform that dispatches available bandwidth across all customer verticals. The result is better traffic load balance, higher bandwidth reuse rates, lower maintenance costs, and greater efficiency through automated dispatching that maximizes bandwidth utilization, accelerates bandwidth allocation, and minimizes the potential for human error as compared with traditional CDN architectures.
"By 2018, 55% of all global Internet traffic will cross content delivery networks like ours, up from 36% in 2013, due in large part to the surging popularity of online video," said Mr. Wang Song, founder, chairman and CEO of ChinaCache. "By upgrading our CDN to a more efficient cloud-based platform, we are well positioned to address this significant market opportunity. ChinaCache is well known for our innovative solutions that empower our customers in making their web experiences fast and reliable. With the implementation of HPCC, we continue to extend the value proposition to our customers via a new set of infrastructure capabilities in improving the overall user experiences."
ChinaCache estimates that HPCC will allow approximately 30% reduction in capital expenditures as compared with the Company's traditional CDN platform. Additionally, ChinaCache customers migrating to HPCC will be offered additional value-added services in the areas of security, storage and analytics. HPCC platform migrations are expected to be fully complete by the second quarter of 2015.
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.