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Tagalder and PacificNet

PacificNet.com, Inc.
January 12, 2002

PacificNet.Com, Inc., a company based in USA and Hong Kong and listed in Nasdaq under the symbol PACT, has appointed Mr. Peter Chun of Tagalder (2000) Inc. as its financial advisor and marketing strategic alliance.

PacificNet.com, Inc., incorporated on April 8, 1987, is an IT solutions and consulting company that develops and implements full-service IT solutions. PacificNet has developed a suite of proprietary e-commerce softwareTagalder Asia and PacificNet applications, and offers services such as hardware support, CRM, ERP, customer care, call center, logistics and supply chain management. The Company's business strategy is to offer Asian businesses complete e-business solutions, including front-end services such as Website design, hosting, product database development and management, and shopping cart applications, as well as back-end services such as order processing and transaction payment processing. In addition, the Company has been engaged to develop business-to-business (B2B) e-commerce solutions for certain strategic partners and other major Asian companies.


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