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NetEase
and Siemens Join Forces to Promote Wireless Internet Service |
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Beijing, July 21, 2000 |
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NetEase.com
(NASDAQ: NTES), a leading Internet technology company in China,
announced today it has formally entered into a strategic agreement
with Siemens Mobile Telecommunications (Shanghai) Co., Ltd.
to jointly promote the development of wireless Internet in China.
According to the agreement, Siemens will make its newly launched
mobile phones, models 3518i and 3568i, accessible to the NetEase
WAP web site (wap.163.com).
This adaptation will make it more convenient for users to view
the NetEase WAP
web site. NetEase
is reported to be one of Siemens' first linkage partners in
China. |
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On June 8, 2000, after a 3-month trial, NetEase
announced its new strategy for wireless Internet and formally
launched their WAP web site wap.163.com.
This is one of the most prolific web sites with 13 channels
to satisfy users' demands for daily information including news,
personal services (access to E-mail), stock quotes, flight and
weather info, travel, movies & TV, horoscopes, postal codes
& area codes, hotline connection, discount information, tool
bars and information about NetEase.
The news channel covers 14 areas of interest including News,
Sports, Movies & TV, Lifestyle, Computer, Science, Finance,
Culture, Games, Real Estate, Women's Interest, Health, Career
and Education. |
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Mr. Oliver Kwan, Senior Vice-President for
Business Development of NetEase
says, "The development of WAP service has led to rapid increase
of Internet users in China. NetEase
now has another information platform to service our users and
our collaboration with Siemens will make it more convenient
and faster for users to view the NetEase
WAP web site and get the information they want anywhere and
anytime." |
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About NetEase.com,
Inc. |
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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. |
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Disclosure Regarding Forward-Looking Statements:
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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. |
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For Further Information, please contact:
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Zhou Ping, NetEase.com,
Inc. Tel: (8610) 65618811-217
E-mail: pingzhou@staff.163.com
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Note: |
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NetEase
Web Properties include www.yeah.net,
www.126.com and the number
one site, www.163.com. |
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