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Beijing, CHINA, December 15, 2008 -- SOHU.COM Inc. (Nasdaq: SOHU) (the
"Company"), China's leading online media, communications, search, online games
and mobile value-added services company, today announced that Dr. Yu Gong, the
Company's Chief Operating Officer, will resign from the Company effective
January 10, 2009, to pursue entrepreneurial business opportunities.
Dr.
Gong joined Sohu in 2003 when Focus.cn, a leading real estate website of which
Dr. Gong was President and CEO, was acquired by Sohu. Since joining Sohu,
Dr. Gong has been in several positions including Vice-President, Senior
Vice-President and Chief Operating Officer. Over the past five years, Dr. Gong
has made great contributions to the development of Focus.cn and the Company's
wireless business, Internet content, and the reporting of Beijing 2008
Olympics.
"Dr. Gong has played an important role in our success
during the past five years, especially in the operation of Focus.cn. We
understand his decision to move on and seek new challenges. He has been very
diligent, dedicated, and accountable. We believe he will continue his success in
future endeavors," said Dr. Charles Zhang, Sohu.com's Chairman and Chief
Executive Officer.
About Sohu.com
Sohu.com Inc. (Nasdaq: SOHU - News) is
China's premier online brand and is indispensable to the daily life of millions
of Chinese, providing a network of web properties and community based/web 2.0
products which offer the vast Sohu user community a broad array of choices
regarding information, entertainment and communication. 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; #1 online alumni
club www.chinaren.com; #1 games
information portal www.17173.com; the top
real estate website www.focus.cn; wireless
value-added services provider www.goodfeel.com.cn; and leading online
mapping service provider www.go2map.com.
Sohu corporate services
consist of brand advertising on its matrix of websites as well as paid listing
and bid listing on its in-house developed search directory and engines. Sohu
also offers two types of consumer services. The company operates two massive
multi-player online role-playing games, namely "Tian Long Ba Bu" and "Blade
Online," and a casual game platform. Sohu also offers wireless value-added
services such as news, information, music, ringtones and picture content sent
over mobile phones. Sohu.com, established by Dr. Charles Zhang, one of China's
Internet pioneers, is in its twelfth year of operation.
Safe Harbor Statement
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, the current
global financial and credit markets crisis and its potential impact on the
Chinese economy, the uncertain regulatory landscape in the People's Republic of
China, fluctuations in Sohu's quarterly operating results, Sohu's historical and
possible future losses and limited operating history, and the company's reliance
on online advertising sales, online games and wireless services (most wireless
revenues are collected from a few mobile network operators) 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, 2007, and other filings with
the Securities and Exchange Commission.
Sohu.com Contact Information
Shanshan
Cai
Manager
Investor Relations and Corporate Communications
Tel: +86 10
6272 6596
E-mail: ir@contact.sohu.com
http://corp.sohu.com