NetEase, China's Leading Internet Technology Company, Selects Google As Its Global Search Partner
NetEase Website is First Chinese Portal to Integrate Google's Chinese Language Search and WebSearch into its Content Channel Network
BEIJING, August 29, 2000
MOUNTAIN VIEW, Calif. and BEIJING, China August 29, 2000 Google, developer of the awarding-winning Google search engine, and NetEase, (NASDAQ: NTES) China's leading internet technology company, today announced that NetEase has selected Google as its premier Chinese language-specific search engine and default web search results provider. Under the agreement, Google will provide its Chinese language-specific search and underlying global web search engine to complement NetEase's web directory and content channel network found at www.163.com. NetEase expects to unveil its next generation web directory and integrate the Google services within the next 15 days. NetEase provides Chinese language services centered around Internet content, community, and e-commerce.
"Our popular web directory and content channels provide an essential set of services to millions of Chinese speaking users who use NetEase each day for email, auctions, news, chat and search," said King F. Lai, CEO of NetEase. "NetEase selected Google because it shares our strong focus on quality."
Google's Chinese language search represents one of the largest collections of Asian websites on the Internet, and is a key part of Google's strategy to expand its reach to new international markets. As part of the agreement, NetEase visitors have the ability to access a searchable index of more than 24 million Chinese language web pages. In addition, NetEase visitors will also have access to the world's largest searchable index, which includes more than 1 billion web documents. Google's Chinese search enables NetEase site visitors to restrict their search to web pages in both simplified and traditional Chinese languages
"No matter what language our users speak, Google helps individuals find the information they are looking for on the web with unprecedented levels of ease, speed, and relevancy," said Sergey Brin, co-founder and president of Google. "Through our licensing relationship with NetEase, more than 5.9 million Chinese speaking NetEase members will now benefit from the accurate and rapid return of Google search results."
Currently, google.com users can search for content in 14 different languages, including Chinese, Dutch, French, German, Italian and Spanish. The company is aggressively building additional search services, and will soon launch Japanese, Korean and other customized versions of its search engine.
"NetEase is focused on meeting the needs of Chinese users by providing them with high-quality and relevant search results," said Jack L. Xu, Co-CTO and vice president of NetEase. "Google's ability to scale with the rapid growth of the web, makes it a particularly good match for NetEase users. We are very pleased by this agreement."
"We're thrilled that NetEase has selected Google to complement its new web directory and content channels," said Omid Kordestani, Google vice president of Business Development and Sales. "This is a significant international milestone for Google and a strong validation of our global business strategy."
Designed for Internet users worldwide, Google's search engine offers web surfers simple, fast, and highly relevant search results for every web-connected computer. The key features of Google's search engine include its ease of use and clean interface, and highly relevant results. Google is based on a variety of innovative technologies, including sophisticated text matching and its advanced, patent-pending technology called PageRank, which ensures that the most important results always come up first. This scalable approach to search enables Google to get better as the Internet gets bigger.
Google was designed by Larry Page and Sergey Brin to provide highly relevant search results. Launched as a beta site in September 1998, Google went live as a commercial website a year later. Since its debut, the search engine has developed a rapidly growing base of loyal users worldwide. Today, international users make up approximately half of the Google user community
About Google Inc.
Google exists to provide the world's best Internet search experience. Google accomplishes this for millions of users daily by delivering a powerful, fast, and easy way to find the most relevant information available. Google's technological innovations have powered the company to numerous awards, including a 2000 Webby and People's Voice Award For Best Technical Achievement; Best Search Engine on the Internet from Yahoo! Internet Life; Top Ten Best Cybertech of 1999 by TIME magazine; Technical Excellence Award from PC Magazine; and Best Search Engine by The Net.
Google powers over 80 portal and destination sites worldwide, including international customers in more than 20 countries: Austria, Australia, Belgium, Brazil, Canada, China, France, Germany, Greece, Hungary, India, Italy, Mexico, Poland, Portugal, Saudi Arabia, Scotland, Spain, Switzerland, the United Kingdom, and Venezuela. A growing number of companies, including Yahoo!, Netscape's Netcenter, a subsidiary of AOL, Virgin.net and Virgilio, rely on Google to power search on their websites. A privately held company based in Mountain View, Calif., Google's investors include Kleiner Perkins Caufield & Byers and Sequoia Capital. For the information you need, visit www.google.com.
  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.
  Google is a trademark of Google, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.