Octavian International secures Russian contract

LONDON, England -- (PRESS RELEASE) -- PacificNet, Inc. (Nasdaq: PACT), a leading provider of gaming technology, Customer Relationship Management (CRM) and e-commerce in China, announced today that its Octavian International Limited ("Octavian") subsidiary has secured a 1.76 million Euro order to supply the latest Super V+ Gaminator gaming machines to the Russian market.

The order is worth around 1.76 million Euros with the machines being delivered over a period of four months, starting in March 2008. The Octavian- supplied Super-V+ Gaminators will be among the first to be installed in Russian gaming venues, having only been introduced to the gaming world at ICE last month.

According to AGI (Austrian Gaming Industries GmbH), one of the leading European gaming manufacturers, the new machine "epitomizes the next generation standard cabinet for international markets". The stylish new Super-V+ cabinet is equipped for Coolfire(TM) II single games as well as multi-games and comes with panoramic displays in extra-wide screen format, multi-denomination and multi-lingual options and offers dynamic audio performance through subwoofers as well as an active satellite speaker system.

Brett Clark, General Manager of Octavian Moscow said, "In view of the recent legislative uncertainties in the Russian market, an order such as this, while by no means our largest order of the year, is a sign that the market here is starting to look to the future. The Super-V+ Gaminator features state- of-the-art video gaming technology and when paired with the new Coolfire II games provides a top casino attraction and an exciting investment for operators."

OctaSupplies, a division of Octavian, operates as a one-stop-shop for leading casinos and operators for casino, gaming and amusement equipment. Other brands in the OctaSupplies portfolio include Novomatic, IGT, FutureLogic, Money Controls, Wyndsor and Octavian's own Maverick gaming machine and games kit.