HONGKONG, CHINA - EQS - 5 December 2018 - VixtelTechnologies Holdings Limited (the "Company" or "Vixtel Technologies",together with its subsidiaries, the "Group", stock code: 1782.HK) is pleased toannounce on 4^th December 2018 that the Company has signed acooperation agreement with the world's largest network performance monitoringand diagnostics company (NPMD) - NetScout Systems Inc. ("NetScout", NASDAQstock code: NTCT) to become NetScout's "Telecom Operator Market StrategicPartner" in China at the highest Platinum Partner level. The Company will focuson the 5G network virtualization monitoring market to provide a full range ofSoftware Defined Network (SDN) and Network Function Virtualization (NFV)performance management services, so as to gain more orders from China's telecomoperators.

In this agreement,Vixtel Technologies will obtain the distribution right of NetScout productsuntil terminated with mutual consent of the two parties. NetScout is the world'slargest NPMD company with a state-of-the-art analytical tool system. Especiallyin the fields of NFV and virtualization performance management, NetScout is oneof the few enterprises that has established a formal partnership with VMWARE, aUS software company which provides cloud computing and hardware virtualization,and Openstack, the cloud computing software in which NASA has conductedresearch and development. Hence NetScout fully masters the technology tomonitor the performance of 5G network virtualization. The strategic cooperationwith NetScout will help Vixtel Technologies to enrich its product lines andservice scopes, to provide a comprehensive and sophisticated applicationperformance management solutions in 5G network virtualization for China'stelecom customers, thereby enhancing the competitiveness of VixtelTechnologies.

Mr. Sie Tak Kwan, the CEO of Vixtel Technologies, is excitedabout the cooperation, 'The cooperation is an important step in the Company's developmentstrategy. At present, China Mobile is our main telecom operator customer. Withthe increasing popularity of digital homes in China and the gradual adoption of5G networks, Vixtel Technologies has put forward the strategic goal of Focus On5G. In addition to increasing R&D investment and continuing to strengthenthe Company's performance management solutions for the digital homes, theCompany is also enhancing its technical solutions in 5G networks by forming thestrategic partnership with NetScout. The 5G network is a virtualized network,while NetScout has been the leading enterprise providing virtualized networkperformance management in the United States and Europe. This time, VixtelTechnolgies's cooperation with NetScout in the telecom field does not only embodyour technologies and marketing capabilities, but also reflects NetScout'sconfidence in China's telecom market."

He continued, "Sincethe initial completion of 4G construction, China operators have not madelarge-scale investments in mobile networks for many years. I believe that underthis wave of 5G construction, the demand of operators for network performancemanagement will increase substantially, which will bring a large number oforders to the industry. We are confident to benefit from the 5G boom throughthe formation of a comprehensive leading performance management solution coveringthe users and the core network. According to the forecast of Frost &Sullivan, a famous international consulting company, the total value of theChinese application performance market is expected to exceed RMB5 billion by2020. Telecom service providers are an important sector, providing the enterpriseswith a rare golden development opportunity. Accelerated deployment of the state-led5G network, coupled with deep penetration of the Internet of Things and smarthomes, we will increase investment in research and development to meet theneeds 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 thisstrategic co-operation. On one hand, NetScout could leverage on VixtelTechnologies' extensive network in China's telecom market to rapidly promoteour international leading network performance management system. On the otherhand, this is a mutually beneficial agreement in which Vixtel Technologies couldenhance its product portfolio, demonstrate its core market value and expand itsmarket shares."

About NetScout

Establishedin 1984, NetScout has its headquarter in Massachusetts, USA. Same as VixtelTechnologies, NetScout provides tailor-made on-premises Application PerformanceManagement services for its customer. It is the largest network performancemonitoring and diagnostics company in the world. Leverage on its strong integrationcapability and product performance, its client ranged from medium to large scaleenterprises, government agencies as well as telecom service providers. It islisted on NASDAQ, with a market value of approximately USD$2 billion and a P/Eratio of approximately 58 times.

AboutVixtel Technologies Holdings Limited

Vixtel Technologies Holdings Limited (Stock code: 1782) is a marketleader in China's application performance management ("APM") industry. Itmainly provides APM products and service solutions to telecom operators, cabletelevision suppliers, power companies and large scale enterprises. Its mainbusiness includes overall APM system solutions, software development services,technical services and sales of standard hardware and software. Products of thecompany include NetVista platform, Trade QoS system and software-as-a-service(SaaS) platform etc.