KongZhong Corporation Announces Cooperation Agreement with MSN China on Mobile Messenger 3.0
29 6월 2007 - 10:00PM
PR Newswire (US)
BEIJING, June 29 /Xinhua-PRNewswire/ -- KongZhong Corporation
(NASDAQ: KONG), one of China's leading providers of wireless
value-added services (WVAS) and a wireless media company providing
news, content and mobile advertising services through its wireless
Internet sites, today announced its agreement to cooperate with MSN
Network Communications Technology Company Limited ("MSN China"), a
Microsoft joint venture in China, on Mobile Messenger 3.0. Under
the cooperation agreement with MSN China, KongZhong will be the
sole content provider in China for the information channel and
mobile games channel of Mobile Messenger 3.0, which is being
officially launched in China on June 29, 2007. Mobile Messenger 3.0
is the mobile phone version of Microsoft's popular
instant-messaging application, Windows Live Messenger. KongZhong
will pay MSN China a fixed fee per channel. The cooperation period
is for one year. Mr. Nick Yang, KongZhong's President, said, "This
cooperation agreement is win-win for KongZhong and MSN China. We
operate a leading wireless Internet portal, Kong.net, and are a
leading developer of mobile games. Our cooperation with MSN China
will enable Mobile Messenger 3.0 users to enjoy the first-class
information services provided by Kong.net and experience the
top-quality mobile games developed by KongZhong. We expect that
greater dissemination of our services through Mobile Messenger 3.0,
one of the leaders in its field, will bring increased traffic to
Kong.net." About KongZhong KongZhong Corporation is one of China's
leading providers of wireless value-added services and a wireless
media company providing news, content and mobile advertising
services through its wireless Internet sites. The Company delivers
wireless value-added services to consumers in China through
multiple technology platforms including wireless application
protocol (WAP), multimedia messaging service (MMS), JAVATM, short
messaging service (SMS), interactive voice response (IVR), and
color ring-back tone (CRBT). The Company also operates two wireless
Internet sites, Kong.net and Ko.cn, which enable users to access
media, entertainment and community content directly from their
mobile phones. Safe Harbor Statement This press release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. Such forward-looking statements include,
without limitation, statements regarding the launching of Mobile
Messenger 3.0, KongZhong sponsorship of the Mobile Messenger 3.0
news channel and mobile games channel, and the prospects for, and
benefits of, cooperation between KongZhong Corporation and MSN
China. Although such statements are based on our own information
and information from other sources we believe to be reliable, you
should not place undue reliance on them. These statements involve
risks and uncertainties, and actual market trends and our results
may differ materially from those expressed or implied in these
forward-looking statements for a variety of reasons. Potential
risks and uncertainties include, but are not limited to,
competitive pressure in China's wireless value-added services,
wireless Internet and mobile advertising markets and the effect of
such pressure on prices; changes in technology, consumer demand and
usage preferences in these markets; the state of and any change in
our relationship with China's telecommunications operators; our
dependence on the networks and billing systems of the
telecommunications operators for our performance; changes in the
regulations or policies of the Ministry of Information Industry or
other relevant government authorities or the telecommunications
operators; and changes in political, economic, legal and social
conditions in China, including the Chinese government's policies
with respect to economic growth, foreign exchange, foreign
investment and entry by foreign companies into China's
telecommunications market. For additional discussion of these risks
and uncertainties and other factors, please see the documents we
file from time to time with the Securities and Exchange Commission.
We assume no obligation to update any forward-looking statements,
which apply only as of the date of this press release. For more
information, please contact: Investor Contact: Sam Sun Chief
Financial Officer Tel: +86-10-8857-6000 Fax: +86-10-8857-5891
Email: Media Contact: Xiaohu Wang Manager Tel: +86-10-8857-6000
Fax: +86-10-8857-5900 Email: DATASOURCE: KongZhong Corporation
CONTACT: Sam Sun, Chief Financial Officer for KongZhong
Corporation, +86- 10-8857-6000, or fax, +86-10-8857-5891, or email,
; Xiaohu Wang, Manager for KongZhong Corporation, +86-10-8857-6000,
or fax, +86-10- 8857-5900, or email, Web site:
http://www.kongzhong.com/
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