Hong Kong, January 10, 2000
Strategic Partnership to Lay Ground for Wireless e-Commerce
— chinadotcom corporation (NASDAQ: CHINA), a pan-Asian integrated Internet company providing a full range of solutions that "Build, Distribute, and Sell" Internet services, was chosen by New World Mobility (NWM), a leading mobile operator in Hong Kong, to distribute web content and e-commerce solutions over NWM's mobile Internet service, "WWM" (World Wide Mobility).
Developed by NWM, New World Telephone Group's mobile service arm, "WWM" enables customers to easily access global information by using their WAP (Wireless Application Protocol) handsets, anywhere, anytime.
chinadotcom corporation will provide content in Chinese and English for all NWM customers within the first quarter of 2000. In the first stage, content will include local news, weather, traffic, and horse racing. In addition, NWM customers will enjoy a wide array of lifestyle information from chinadotcom corporation's Hong Kong portal, hongkong.com, such as guides to restaurants, movies, nightlife and dining. Later this year, chinadotcom corporation will also provide to NWM customers e-mail access, on-line shopping, ticketing and chatting through hongkong.com's Shop4U and freemail services.
Ms. Vicky Hung, chinadotcom corporation's Senior Vice President for Marketing and Product Development, remarked, "We are excited to be paving the way for wireless e-commerce. Through the WAP phones, Hong Kong residents will now be able to bid at on-line auction sites, purchase movie tickets, and send gifts to friends all within minutes by pressing a few buttons on their mobile handsets."
"By distributing bilingual web content to WAP phone users, we are marrying the exciting worlds of the Internet and wireless communications and bringing the latest technology to the people of Hong Kong," Ms. Hung continued, "We have been building web communities through our Greater China portal network china.com, cww.com, hongkong.com and taiwan.com. This latest agreement with NWM reflects our continued commitment to disseminate interesting content via innovative channels."
Commenting on the agreement with chinadotcom corporation, Assistant Director, Product Marketing and Development, of New World Telephone Group, Mr. Thomas Leung, said, "Our strategic partnership with chinadotcom corporation has once again demonstrated our commitment to provide innovative and value-added mobile communication services to our customers. Leveraging on chinadotcom corporation's professional expertise in building award-winning portals and its innovative and creative content, our customers will be able to keep abreast of the latest information and to connect to the world, anytime, anywhere. This is just our first step to move into the mobile e-commerce arena. We will continue to provide our customers with more and newer value-added services by bringing in richer content and the latest technology, propelling Hong Kong's mobile communications to a new height of achievement, a new level of services."
In a separate announcement today, chinadotcom corporation said that it will also be distributing content via New World CyberBase PowerPhoneTM, which are installed in numerous locations, including Hong Kong's international airport and rail and subway stations.
New World Telephone Group is a subsidiary of New World Development Ltd., which is also a controlling shareholder of New World Infrastructure Ltd. New World Infrastructure Ltd. is a major shareholder of chinadotcom corporation.
About chinadotcom corporation
chinadotcom corporation is the first pan-Asian integrated Internet company listed in the United States (NASDAQ: CHINA). The company provides a full range of Internet services that; 1) build e-business strategies and solutions (Web Connection), 2) distribute content via its portal network (china.com, cww.com, hongkong.com, and taiwan.com), and 3) sell services through online advertising (24/7 Media Asia). chinadotcom corporation is committed to enabling digital communities to realize their full potential, thereby facilitating the development of the Internet in China and across Asia. The company has over 900 employees in 24 offices across 11 Asian markets, including Australia, Hong Kong, Japan, Korea, Malaysia, Singapore, and Taiwan. In Mainland China, the company has five offices and over 200 employees. Major corporate shareholders include America Online Inc., Mitsui & Co. Ltd., Nortel Network Corporation, Sun Microsystems Inc., New World Infrastructure Limited and 24/7 Media Inc. For more information about chinadotcom corporation, please visit www.corp.china.com
About New World Telephone Group
New World Mobility's quality mobile phone services are provided by New World Telephone Group. Since 1995, New World Telephone Group has grown rapidly into one of the largest telecommunications companies in Hong Kong. Building on its strategic set of fixed network and mobile licenses, New World Telephone Group provides a full range of advanced, integrated telecommunications solutions, including local fixed telephone network, international communications, mobile, and interactive multimedia public payphone services.
Focusing with the financial strength and a depth of resources of its mother companies New World Development and INFA Technologies Limited, New world Telephone Group is committed to bringing customers the benefits of the latest innovative technologies, and is poised to be a leading player in the provision of communications information, entertainment and electronic business services to businesses and consumers worldwide.
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