CDNetworks and HKBN Partner to Enable Customers to Optimize Web Content and Application Performance Across Hong Kong

SAN JOSE, CA, February 29, 2012 (Press-News.org) CDNetworks, the only multinational content delivery network with local expertise and infrastructure inside mainland China and across six continents, today announced a strategic partnership with Hong Kong Broadband Network Limited (HKBN), the fastest growing broadband service provider in Hong Kong. Under the terms of the agreement, HKBN will optimize its international transit links by leveraging CDNetworks' expanded content delivery network to accelerate web content delivery and application performance. The agreement also broadens the reach of businesses who seek to deliver Web content and applications in a high-performance and cost-efficient manner to Hong Kong's expanding Internet user population.

With almost 60 million Internet users in Hong Kong alone, the Internet has not only become an important driver behind local trading companies, it has also strengthened the region's position as a global trading hub. Partnering with CDNetworks enables HKBN to deliver an optimal end-user experience through web performance by collocating content closer to its end users while simultaneously improving network efficiency due to the resultant savings in international bandwidth usage. CDNetworks utilizes best-in-class caching technology to reduce CDN traffic by over 95% for service providers.

"HKBN is the pioneer in launching fiber-based 100Mbps and 1Gbps broadband services in the Hong Kong residential market and places customer experience as its top priority," said Dick Ip, Associate Director, Business Development at HKBN. "Being the fastest growing broadband service provider in Hong Kong, we continuously strive to deliver the best solutions to our customers. And so, we partnered with CDNetworks to support a seamless Internet surfing experience while protecting our valuable infrastructure for these high-demand users."

"As the global CDN with the best APAC coverage, CDNetworks has successfully delivered content to Asia for years. Our partnership with HKBN and the continued, rapidly increasing connectivity of Asia's networks and businesses highlight the importance of this region and Hong Kong in particular," said Jerry Miller, Vice President of Technology at CDNetworks. "This partnership underscores our strategic focus on challenging Internet markets and geographies around the world while improving infrastructure utilization for our partners."

To learn how your organization can improve website application and content delivery anywhere in the world, visit CDNetworks today at the following URL: http://www.cdnetworks.com.

About City Telecom/ Hong Kong Broadband Network Limited
Established in 1992, City Telecom (H.K.) Limited (HKEX: 1137, NASDAQ: CTEL) provides integrated telecommunications services in Hong Kong via its own self-built fiber network. City Telecom's wholly-owned subsidiary, Hong Kong Broadband Network Limited (HKBN), is the fastest growing broadband service provider in Hong Kong. HKBN offers a diversified portfolio of innovative products that service over 1,240,000 subscriptions for broadband, local telephony and IP-TV. The Company has built a solid market position with top-of-the-line applications and practices enabling its substantial growth. The company takes great pride in developing its over 3,000 Talent force into a competitive advantage. Additional information on City Telecom can be found at http://www.ctigroup.com.hk.

About CDNetworks
CDNetworks enables mission critical e-business in the world's most challenging markets. CDNetworks' unique position as the only multinational CDN with expertise and infrastructure in China, and other emerging markets, makes us a trusted technology and business advisor to more than 1,200 companies across the highly-competitive industries of software, travel, eCommerce, high tech, manufacturing, media, and gaming. Reliably delivering over-the-top performance anywhere in the world, CDNetworks helps businesses get closer to their end users without the limitations of hardware and private networks. Founded in 2000, CDNetworks has offices in the U.S., Korea, China, Japan, the UK, and France. For more information, please visit: http://www.cdnetworks.com.