Beijing, June 1, 2000 - The
Chinese Internet portal Sohu.com has signed a Global Representation Agreement
with the Australian Sales and Advertising Representation Company BMCMedia.com
Limited to provide advertising on the web sites of Sohu.com.
BMCMedia.com specializes in providing interactive marketing solutions to
Web-site publishers, advertising agencies and advertisers. Since its founding in
January 1998, BMCMedia.com has become the largest independent Australian
Internet advertising representation company and represents in excess of 400 web
site clients in Australia, New Zealand and Asia, and also represents the
official Sydney 2000 Olympic Games web site. BMC is growing rapidly and has
offices in Sydney, Melbourne, Hong Kong, Singapore, Tokyo and Taipei and
partnership offices in Seoul, Beijing and Shanghai.
In March 2000 BMCMedia signed an agreement to acquire 51% of SoftMedia
Consulting Group, which has exclusive access to the largest online Chinese
language advertising network in the People's Republic of China. BMCMedia.com
welcomes the addition of Sohu.com to its Asian web site portfolio. Alex Jordan,
Campaign Director for BMCMedia.com said, "we believe that Sohu.com provides one
of the most comprehensive and sophisticated Portals in the Greater China
Internet Market. Its channels and services such as the Business and Finance
Channel, which offers real time stock quotes via satellite transmission and the
Shopping Channel, and 3D interactive product capability, make Sohu.com one of
the most sophisticated web sites in the market today."
Sohu.com is proud to sign on this new relationship with BMCMedia.com. "This
agreement gives us worldwide access to the Internet advertising market. We are
pleased to cooperate with BMCMedia.com, which we believe is well positioned to
assist our brand name in achieving international recognition," commented Charles
Zhang, CEO and President of Sohu.com. "
BMCMedia.com is very excited at having the opportunity to represent Sohu.com
in the international market. With the degree of penetration achieved in China by
Sohu.com, we expect that BMCMedia.com will be able to provide one of the widest
coverages of and levels of access to the Chinese Internet market and Chinese
language Internet users currently available to online advertisers," added Alex
Jordan.
About SOHU.com SOHU.com is the leading Internet portal in
Mainland China with current daily page views exceeding 12 million. It provides
navigation/search, news, sports, business and finance, real estate channel,
entertainment, chat, email and e-commerce activities for a solid and wide base
of visitors. Dr. Charles Zhang founded SOHU.com in 1997. Its investors include
Intel, Dow Jones, IDG, the Morningside China Group, PCCW, Legend and Hikari. Its
content partners include CNET, DOW Jones and dozens of local media organizations
in China.
For further information: Dahlia Wei SOHU Investor
Relations and Communications Tel: +86 10 6272 6598 E-mail:
ir@sohu-inc.com
http://www.sohu.com/about/English/ |