Entering Into Strategic Cooperation with NetScout, the Largest Global Network Performance Management Giant, Vixtel Technologies Makes Efforts in the 5G Network Performance Monitoring Market to Seize Huge Opportunities in China�s Telecom Industry

HONG
KONG, CHINA – EQS – 5 December 2018 –�Vixtel
Technologies Holdings Limited (the “Company” or “Vixtel Technologies”,
together with its subsidiaries, the “Group”, stock code: 1782.HK) is pleased to
announce on 4^th December 2018 that the Company has signed a
cooperation agreement with the world’s largest network performance monitoring
and diagnostics company (NPMD) – NetScout Systems Inc. (“NetScout”, NASDAQ
stock code: NTCT) to become NetScout’s “Telecom Operator Market Strategic
Partner” in China at the highest Platinum Partner level. The Company will focus
on the 5G network virtualization monitoring market to provide a full range of
Software Defined Network (SDN) and Network Function Virtualization (NFV)
performance management services, so as to gain more orders from China’s telecom
operators.

 

In this agreement,
Vixtel Technologies will obtain the distribution right of NetScout products
until terminated with mutual consent of the two parties. NetScout is the world’s
largest NPMD company with a state-of-the-art analytical tool system. Especially
in the fields of NFV and virtualization performance management, NetScout is one
of the few enterprises that has established a formal partnership with VMWARE, a
US software company which provides cloud computing and hardware virtualization,
and Openstack, the cloud computing software in which NASA has conducted
research and development. Hence NetScout fully masters the technology to
monitor the performance of 5G network virtualization. The strategic cooperation
with NetScout will help Vixtel Technologies to enrich its product lines and
service scopes, to provide a comprehensive and sophisticated application
performance management solutions in 5G network virtualization for China’s
telecom customers, thereby enhancing the competitiveness of Vixtel
Technologies.

 

Mr. Sie Tak Kwan, the CEO of Vixtel Technologies, is excited
about the cooperation, ‘The cooperation is an important step in the Company’s development
strategy. At present, China Mobile is our main telecom operator customer. With
the increasing popularity of digital homes in China and the gradual adoption of
5G networks, Vixtel Technologies has put forward the strategic goal of Focus On
5G. In addition to increasing R&D investment and continuing to strengthen
the Company’s performance management solutions for the digital homes, the
Company is also enhancing its technical solutions in 5G networks by forming the
strategic partnership with NetScout. The 5G network is a virtualized network,
while NetScout has been the leading enterprise providing virtualized network
performance management in the United States and Europe. This time, Vixtel
Technolgies’s cooperation with NetScout in the telecom field does not only embody
our technologies and marketing capabilities, but also reflects NetScout’s
confidence in China’s telecom market.”

 

He continued, “Since
the initial completion of 4G construction, China operators have not made
large-scale investments in mobile networks for many years. I believe that under
this wave of 5G construction, the demand of operators for network performance
management will increase substantially, which will bring a large number of
orders to the industry. We are confident to benefit from the 5G boom through
the formation of a comprehensive leading performance management solution covering
the users and the core network. According to the forecast of Frost &
Sullivan, a famous international consulting company, the total value of the
Chinese application performance market is expected to exceed RMB5 billion by
2020. Telecom service providers are an important sector, providing the enterprises
with a rare golden development opportunity. Accelerated deployment of the state-led
5G network, coupled with deep penetration of the Internet of Things and smart
homes, we will increase investment in research and development to meet the
needs of our customers and seek sustainable growth for the Company.”

 

Mr. Michael Chang,
NetScout’s Sales Director in Greater China said: ‘We are confident about this
strategic co-operation. On one hand, NetScout could leverage on Vixtel
Technologies’ extensive network in China’s telecom market to rapidly promote
our international leading network performance management system. On the other
hand, this is a mutually beneficial agreement in which Vixtel Technologies could
enhance its product portfolio, demonstrate its core market value and expand its
market shares.”

About NetScout

Established
in 1984, NetScout has its headquarter in Massachusetts, USA. Same as Vixtel
Technologies, NetScout provides tailor-made on-premises Application Performance
Management services for its customer. It is the largest network performance
monitoring and diagnostics company in the world. Leverage on its strong integration
capability and product performance, its client ranged from medium to large scale
enterprises, government agencies as well as telecom service providers. It is
listed on NASDAQ, with a market value of approximately USD$2 billion and a P/E
ratio of approximately 58 times.

About
Vixtel Technologies Holdings Limited

Vixtel Technologies Holdings Limited (Stock code: 1782) is a market
leader in China’s application performance management (“APM”) industry. It
mainly provides APM products and service solutions to telecom operators, cable
television suppliers, power companies and large scale enterprises. Its main
business includes overall APM system solutions, software development services,
technical services and sales of standard hardware and software. Products of the
company include NetVista platform, Trade QoS system and software-as-a-service
(SaaS) platform etc.