Exhibit 99.2
Filed by AsiaInfo Holdings, Inc. Pursuant to Rule 14a-12
Under the Securities and Exchange Act of 1934
Commission File No. 001-15713
Exhibit 99.3
AsiaINFO LINKAGE
A Leading Provider of Telecom Software and IT Security Solutions in China
AsiaInfo Merger with Linkage Technologies
Investor Presentation
NASDAQ:ASIA
AsiaINFO LINKAGE
Safe Harbor
The information contained in this presentation is as of December 4, 2009. We assume no obligation to update any forward-looking statements contained in this presentation as a result of new information or future events or developments. This presentation contains forward-looking information about future performance, revenue and cost synergies, cross-selling opportunities and other anticipated outcomes of the business combination of AsiaInfo Holdings and Linkage Technologies. Among the factors that could cause actual results to differ materially are the following: the anticipated timing of filings and approvals relating to the proposed business combination; the satisfaction of other closing conditions; the expected timing of the completion of the acquisition; the ability to successfully integrate the products, services and employees of AsiaInfo and Linkage; the ability to successfully develop and market new products and services, and the uncertainty of whether our products and services will achieve market acceptance or result in revenue growth; and the continued performance or market growth of the combined company’s products and services. A further list and description of these risks, uncertainties, and other matters can be found in AsiaInfo’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008, and in our periodic reports on Forms 10-Q and 8-K filed with the United States Securities and Exchange Commission and available at www.sec.gov.
ASIAINFO HOLDINGS INTENDS TO FILE A PROXY STATEMENT WITH THE SECURITIES AND EXCHANGE COMMISSION (THE “SEC”) RELATING TO ASIAINFO’S SOLICITATION OF PROXIES FROM THE SHAREHOLDERS OF ASIAINFO FOR USE AT A SPECIAL MEETING OF SHAREHOLDERS. ALL ASIAINFO SHAREHOLDERS ARE URGED TO READ THE PROXY STATEMENT FILED WITH THE SEC CAREFULLY IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. SHAREHOLDERS WILL BE ABLE TO OBTAIN FREE COPIES OF THE PROXY STATEMENT FILED WITH THE SEC BY ASIAINFO AT WWW.ASIAINFO.COM, AND THROUGH THE WEB SITE MAINTAINED BY THE SEC AT WWW.SEC.GOV.
AsiaINFO LINKAGE
Transaction Highlights
Overview
Ø Merger of AsiaInfo Holdings, Inc. (“AsiaInfo”) and Linkage Technologies (“Linkage”) to form AsiaInfo-Linkage, Inc. (“AsiaInfo-Linkage”)
Consideration
Ø Cash and AsiaInfo common stock
ü Cash consideration: US$60 million
ü Linkage’s existing shareholders will hold 35.8% of AsiaInfo-Linkage
Governance
Ø AsiaInfo’s President and CEO, Steve Zhang, will become President and CEO of AsiaInfo-Linkage
Ø Libin Sun will be Executive Co-Chairman and James Ding will be Co-Chairman of the board
Ø The board of directors of AsiaInfo-Linkage will be expanded to 9 members, consisting of 6 members from the AsiaInfo board and 3 members appointed by Linkage
Transaction Timing
Ø Proxy material: Expected to be sent to shareholders in Q1 2010
Ø Transaction closing: Expected to close by the end of Q1 or early Q2 of 2010
Pro-Forma EPS Impact
Ø Expected to be accretive to non-GAAP EPS in 2010
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AsiaINFO LINKAGE
Background of Linkage
¡ Commenced operations in 1997 through Lianchuang Technology Company Limited, reorganized in 2004 as Linkage Technologies
¡ Leading provider of software solutions and IT services for the telecommunications industry in China with key customers China Mobile, China Unicom and China Telecom
¡ Headquartered in Nanjing, Linkage operates 6 R&D centers and 15 representative offices throughout China
¡ Linkage’s key products include Business Operation Support Systems (BSS), Operation Support Systems (OSS) and Business Intelligence Systems (BI)
¡ 3,465 employees as of September 30, 2009 with 3,308 employees dedicated to research, development and implementation
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AsiaINFO LINKAGE
Strategic Rationale for the Transaction
Comprehensive Product and Service Offerings to Better Serve Our Customers
Significant Revenue and Cost Synergies
Market Leader with Extensive Customer Base
Excellent R&D Capability
Experienced Management Team
Strong Financial Profile
AsiaINFO® + LINKAGE
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AsiaINFO LINKAGE
Comprehensive Product & Service Offerings
Key Product & Service Offerings of AsiaInfo Linkage
BSS
Ø Billing
Ø Customer Relationship Management (CRM)
BI
Ø Data warehousing platform
Ø Data mining applications
OSS
Ø Network management systems
Ø Resource management
Service & Data Application Solutions
Ø Mobile e-mail system
Ø Mobile device management
Network Infrastructure Solutions
Ø Network planning, design and implementation
Ø Integrated network management
More comprehensive products & service offerings increase cross-selling and create new revenue drivers
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AsiaINFO LINKAGE
Anticipated Revenue and Cost Synergies
AsiaINFO® LINKAGE
Revenue Synergy
ü Cross-selling of new solutions to deepen “share of wallet” with existing customers
ü Larger organization with broader product line to penetrate new customers and markets
Cost Synergy
ü Sales
ü Back office
ü R&D
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AsiaINFO LINKAGE
Market Leader with Extensive Customer Base - China Mobile
CHINA MOBILE AsiaINFO® LINKAGE Combined
CRM 11 7 18
Billing 11 7 18
BI 16 3 19
Note: Each bar represents the number of provinces covered. There are 32 addressable markets in total (31 provinces and the headquarters of the carrier) for each product
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AsiaINFO LINKAGE
Market Leader with Extensive
Customer Base - China Telecom
CHINA TELECOM AsiaINFO® LINKAGE Combined
CRM 4 8è12
Billing 4 11è 15
BI 4 8è 12
Note: Each bar represents the number of provinces covered. There are 32 addressable markets in total (31 provinces and the headquarters of the carrier) for each product
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AsiaINFO LINKAGE
Market Leader with Extensive
Customer Base - China Unicom
China unicom AsiaINFO® LINKAGE Combined
CRM 9 12è 21
Billing 9 12è 21
BI 2 3è 5
Note: Each bar represents the number of provinces covered. There are 32 addressable markets in total (31 provinces and the headquarters of the carrier) for each product
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AsiaINFO LINKAGE
Excellent R&D and Delivery Capability
Overview of R&D Centers Composition of Engineers
AsiaINFO® LINKAGE Combined
~3,800 + ~3,300 = ~7,100
Intellectual Properties Overview
AsiaINFO® LINKAGE Combined
24 12 + 10 14 = 34 26
24 patents, additional 10 patents, additional 34 patents, additional
12 pending approval 14 pending approval 26 pending approval
in China in China and US(1) in China and US
Beijing
Tianjin
Nanjing
Chengdu Hangzhou
Changsha
Fuzhou
Guangzhou
City with AsiaInfo Facilities
City with Linkage Facilities
City with both AsiaInfo and Linkage Facilities
Combined R&D and delivery platform increases efficiency and boosts capability
(1) Linkage’s core technologies are protected by those patents
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AsiaINFO LINKAGE
Experienced Management Team
Combined Management
Ø Steve Zhang: President & CEO
Ø Xiwei Huang: COO
Ø Wei Li: CFO
Board Composition
Ø The board will be expanded to 9 members, 6 members from the AsiaInfo board and 3 members appointed by Linkage
Ø Libin Sun: Executive Co-Chairman
Ø James Ding: Co-Chairman
Strong and experienced combined management team
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AsiaINFO LINKAGE
Strong Financial Performance
AsiaInfo
Total Revenue
(US$ mm)
300
250
200
150
100
50
0
CAGR: 26.6%
109.6
132.8
175.5
121.9
173.1
2006A
2007A
2008A
1-3Q2008
1-3Q2009
Linkage
Total Revenue
(US$ mm)
300
250
200
150
100
50
0
CAGR: 37.4%
46.8
53.8
88.3
52.7
112.5
2006A
2007A
2008A
1-3Q2008
1-3Q2009
Operating Profit
(US$ mm)
40
30
20
10
0
CAGR: 219%
1.9
12.8
19.3
11.5
22.8
2006A
2007A
2008A
1-3Q2008
1-3Q2009
Operating Profit
(US$ mm)
40
30
20
10
0
CAGR: 43.8%
10.5
13.7
21.7
13.9
29.8
2006A
2007A
2008A
1-3Q2008
1-3Q2009
Source: Company filings
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AsiaINFO
LINKAGE
The Combination of AsiaInfo and Linkage Yields a Stronger Financial Model
Leader in China Telecom Software Market
Net Revenue
Software Products and Solutions Revenue
Operating Margin
Non-GAAP EPS CAGR
Growth of 25-30%
Over 85% of Total Revenue
Continuous Expansion
Exceeds Top Line Growth
é
é
é
é
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AsiaINFO LINKAGE
Growth Strategy
Provide comprehensive end-to-end product and service offerings
Increase “share of wallet” with existing customers by cultivating cross-selling opportunities
AsiaINFO® LINKAGE
More aggressively pursue overseas markets
Improve customer support services to increase satisfaction
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AsiaINFO LINKAGE
Next Steps
¡ Formation of Integration Committee
- Co-chaired by Libin Sun and Steve Zhang
- Begin cooperation to further identify and realize operational benefits
¡ Integration plan for the companies will be formalized over the coming months
- Full integration of management and internal systems
¡ Proxy statement expected to be sent to shareholders in Q1 2010
¡ Anticipated closing by the end of Q1 or early Q2 of 2010
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AsiaINFO LINKAGE
Q&A
Thank you!
Investor Relations Contact:
Sheryl Zhang
Email: ir@asiainfo.com
Tel: (8610) 8216 6039
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