BEIJING, CHINA, June 21, 2005,
–SoGou, the search engine of SOHU.COM Inc. (Nasdaq: SOHU), China's leading
online media, communications, commerce and mobile value-added services company,
will sponsor a mountain climbing expedition to QiZi mountain in Tibet Autonomous
Region of China. The star-studded expedition team will raise funds for Tibetan
children's education and health care on the occasion of the Tibet Special
Autonomous Region's 40th anniversary.
The mountaineering project, which is due to take place from July 17 to 26, is
organized jointly with the China Children's Fund, the Miss World Organization,
and the Tibet Culture and Economic Communication Center. The mountaineering team
has been nicknamed the "Beauty and Beast" -team for its star-studded makeup,
which includes SOHU Chairman and CEO Charles Zhang and other well-known Chinese
entrepreneurs and movie stars, among them Shi Wang, Chairman of the real estate
company China Vanke Co., Ltd, Zhiwei Zeng, a famous movie star and Na Yu, former
supermodel, as well as the Peruvian-born winner of the 54th Miss World Contest,
Maria Julia Mantilla Garcia. SoGou, which means ‘Search Dog’ in Chinese,
sponsors the expedition to the 6,026-metre high namesake mountain with which it
shares its name, as QiZi means ‘Dog Mountain’ in the Tibetan
language.
"SOHU is pleased to participate in this charity cause and we
hope this expedition will raise awareness of the support Tibetan children need
to get a strong start in life. As for SoGou, this climbing expedition is coming
to symbolize the rapid upward progress in search traffic that our nearly
one-year-old search engine is making, which is the key objective for our search
business this year. In the past six months alone our search traffic has
tripled," said Charles Zhang, Chairman and CEO of SOHU, and an experienced
mountain climber.
SoGou's Search engine, with a massive online database of one billion Chinese
indexed web pages, is showing strong growth in usage by Chinese netizens since
its launch in August 2004. According to Chinalabs.com, SoGou now ranks second
place in daily unique visitors among all China's search engines, while the
website www.sogou.com has moved up to
20th place on the top 100 simplified Chinese language websites on www.alexa.com, an Amazon.com company.
Safe Harbor Statement This announcement contains
forward-looking statements. Statements that are not historical facts, including
statements about our beliefs and expectations, are forward-looking statements.
These statements are based on current plans, estimates and projections, and
therefore you should not place undue reliance on them. Forward-looking
statements involve inherent risks and uncertainties. We 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 possible
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, wireless services (most wireless
revenues are collected from a few mobile telecom operators), online games and
e-commerce for its revenues. Further information regarding these and other risks
is included in SOHU's annual report on Form 10-K for the year ended December 31,
2004, and other filings with the Securities and Exchange Commission.
About SOHU SOHU.COM Inc. (NASDAQ: SOHU) is China's
premier online brand and indispensable to the daily life of millions of Chinese
who use the portal network for their news, search, e-mail, wireless messaging,
instant messaging, browsing, games and shopping. SOHU has built one of the most
comprehensive matrices of Chinese language web properties and proprietary search
engines, consisting of the mass portal and leading online media destination www.sohu.com; interactive search engine www.sogou.com; leading online mapping
service provider www.go2map.com; the
#1 online alumni club www.chinaren.com; #1 games information portal www.17173.com; top real estate website www.focus.cn; and wireless value-added
services provider www.goodfeel.com.cn. This network of web properties offers the
vast SOHU user community very broad choices regarding information,
entertainment, communication and commerce.
SOHU corporate services
consist of online advertising on its matrix of websites as well as paid listing
and bidding listing on its in-house developed search directory and engine. SOHU
also offers three types of consumer services. SOHU offers wireless value-added
services such as news, information, ringtone and picture content sent over
mobile phones. The company also operates two massively multi-player online
role-playing games and manages a business-to-consumer e-commerce
platform.
SOHU.COM, established by Dr. Charles Zhang, one of China's
Internet pioneers, is in its ninth year of operation.
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/ |