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Old 27th July 2007, 07:16 AM
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KongZhong Corporation Announces Cooperation Agreement with Opera

BEIJING, July 19 /Xinhua-PRNewswire/ -- KongZhong Corporation , 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, today announced the signing of a cooperation agreement with Opera Software ASA ("Opera"), the developer of the Opera Browser. Opera is headquartered in Oslo, Norway and is listed on the Oslo Stock Exchange under the ticker symbol OPERA.

Under the agreement, the two companies will develop a "KongZhong Opera" browser solution for Chinese mobile phone users with Kong.net as the default home page. The "KongZhong Opera" browser is expected to be offered for downloading at no charge and can enable mobile phone users to browse both traditional Internet sites and WAP sites through their mobile phones. KongZhong and Opera expect to generate and share advertising revenues, search- related revenues and other revenues from "KongZhong Opera".

Mr. Jon S. von Tetzchner, Opera's CEO, said, "KongZhong is an ideal match for us because we share two important characteristics: a desire to give the users what they want and the ability to deliver useful, yet powerful innovation into the hands of consumers. Together, we can create new mobile web experience for millions of Chinese mobile phone users."

Mr. Nick Yang, KongZhong's President, said, "As the developer of the very popular Opera Browser, Opera has a large following among users of PCs, mobile phones, pocket PCs, game consoles and interactive televisions. Meanwhile, Kong.net, operated by KongZhong, is one of the leading wireless Internet portals in China. This cooperation between KongZhong and Opera allows us to bundle and present to mobile phone users in China the best products of the two companies. We expect that the launch and promotion of the "KongZhong Opera" browser will bring increased traffic to Kong.net, strengthen our brand awareness and enhance our leadership position in wireless Internet industry. "....


http://money.cnn.com/news/newsfeeds/...19072007-1.htm
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