Go Wireless with NetEase
NetEase (www.163.com) Offers Comprehensive and Exciting WAP website (WAP.163.COM) in China
Beijing, June 19, 2000
NetEase (www.163.com), the leading Chinese Internet portal, recently announced new wireless strategies for China. The company officially launched its WAP website (wap.163.com) which has received positive feedback from users since its trial run three months ago. It made a commitment to work with China Unicom to create a new WAP web site for its mobile users. NetEase is also teaming up with major mobile phone manufacturers Motorola, Siemens and Ericsson to offer WAP-based contents to customers of Chinese mobile operators, including China Mobile. The alliances between NetEase and its new wireless communication partners promise to accelerate the growth of the WAP market in China and bring significant benefits to future WAP users.
NetEase launched its WAP website in March 2000. The website, boasting the richest WAP content in China, features 13 channels offering information and services such as news, e-mail, stock quotes, flight schedules, weather, travel, movie listings, and other valuable information. Its news channel covers 14 categories, including breaking news, sports, entertainment, life style, computers, science, finance, culture, games, real estate, women's issues, health, career and education. The rich WAP-enabled content is easily accessible by WAP phones from such leading brands as Motorola, Siemens, Ericsson and Nokia.
According to an International Data Corporation (IDC) report, the number of global Internet users currently stands at 150 million and it will increase to 500 million in 2003. Mobile phone users will increase from 400 million to 1 billion over the same period, with 600 million of them using WAP mobile phones. These numbers point to an exciting WAP market.
  About NetEase.com, Inc.
  NetEase is a leading Internet technology company based in China. The NetEase Web sites offer Chinese Internet users Chinese language-based online content, community and electronic commerce services. NetEase's average daily page views for the seven-day period ending June 30, 2000 exceeded 24 million. As of June 30, 2000, NetEase Web sites had more than 5.9 million registered members, 465,000 personal home pages, 34,000 simultaneous chat room participants, and 3.6 million e-mail accounts.
  Disclosure Regarding Forward-Looking Statements:
  This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward- looking statements by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar expressions. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks related to: the risk that the number of Chinese users of the Internet will not grow; the risk that the NetEase Web sites will not be attractive to Chinese Internet users as NetEase anticipates; the risk that NetEase's planned advertising campaign will not be successful; and other risks outlined in NetEase's filings with the Securities and Exchange Commission, including its registration statement on Form F-1, as amended. NetEase does not undertake any obligation to update this forward-looking information, except as required under applicable law.
  For Further Information, please contact:
  Zhou Ping, NetEase.com, Inc. Tel: (8610) 65618811-217
E-mail: pingzhou@staff.163.com
  Note:
NetEase Web Properties include www.yeah.net, www.126.com and the number one site, www.163.com.