Beijing, China – June 12, 2003 – Leading wireless
application service provider and co-publisher, Mobile Internet Group Pty Limited
(MIG) and SOHU.com (Nasdaq: SOHU), China's leading online media, communications,
commerce and mobile value-added services company will formally launch the
official Yao Ming wireless services on June 17, 2003.
MIG and Yao Ming have executed an exclusive agreement whereby MIG will build
and host all official Yao Ming wireless services and content in Asia. Under a
similar exclusive agreement, SOHU has built, and currently operates and
promotes, the Yao Ming official website in the Chinese language
(http://yaoming.net/china). MIG and SOHU have signed an agreement to cooperate
on offering Yao Ming wireless content on the Yao Ming site under
http://mobile.yaoming.net/
The wireless services initially available
range from a Yao Ming SMS (Short Messaging Services) Quiz to Yao Ming MMS
(Multimedia Messaging Services) Color Greeting Cards with voice messages that
users can download directly to their phones. Also on offer is the Yao Ming ZONE
which provides Yao fans with daily Yao Ming SMS news and information, including
messages written directly by the Gentle Giant himself that give fans insight
into his life and playing career. For more information on Yao Ming wireless
services fans can visit http://yaoming.net/china
"I am an avid gamer and I often use SMS and MMS so I am very happy to be able
to connect with my fans through Yao Ming branded mobile services. Since my fans
are very important to me, offering these services on mobile.yaoming.net now
allows me to connect with my fans when they are surfing online or using their
mobile phones, which is great,” said Yao Ming.
“We are thrilled to be Yao Ming’s exclusive wireless partner in Asia. Our
partnership with China’s online leader SOHU will enable his online fans to fully
enjoy the Yao Ming wireless services on offer,” remarked Matthew Talbot, CEO of
MIG. “MIG will continue to update and create new wireless services across SMS,
MMS, WAP, BREW, JAVA and C-Mode, to provide Yao Ming fans the widest possible
range of wireless applications and services.”
"We are excited to be offering mobile services through yaoming.net/china. Our
partnership with both MIG and Yao Ming illustrates SOHU’s market leadership in
the dynamic and fast growing wireless value added services arena in China," said
Victor Koo, Chief Operating Officer of SOHU.com.
Safe Harbor Statement This company's announcement
contains forward-looking statements. Forward-looking statements involve inherent
risks and uncertainties. We caution you that the events described in this press
release should not be interpreted as having any material effect on SOHU's
revenues or profitability. We further caution you that a number of important
factors could cause actual results to differ materially from those contained in
any forward-looking statement. Potential risks and uncertainties include, but
are not limited to, SOHU's historical and future losses, limited operating
history, uncertain regulatory landscape in the People's Republic of China,
fluctuations in quarterly operating results, and the company's reliance on
online advertising sales, e-subscriptions and e-commerce for its revenues.
Further information regarding these and other risks is included in SOHU's
prospectus, 10K, 10Q and in its other filings with the Securities and Exchange
Commission.
About MIG MIG (Mobile Internet Group Pty Ltd) is a
leading Wireless Application Service Provider and Co-Publisher based in Asia,
provide a white-labeled software infrastructure for the deployment and delivery
of content, applications and services to mobile users through it international
network of operators. MIG with offices in Beijing, Shanghai, Hong Kong and
Sydney has extensive experience in 'mobilizing' major brands and media brands
such as Yao Ming and developing end-to-end mobile solutions around some of their
leading properties. MIG is funded by Sun Microsystems and leading technology
investors, including Allen & Buckeridge, Network Asia and Mint. Additional
news and information about the company is available at www.migasia.com.
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/ |