SHANGHAI, Dec. 1 /PRNewswire-Asia/ -- Shanda Online Holdings Limited
("Shanda Online"), a wholly-owned subsidiary of Shanda Interactive
Entertainment Limited (Nasdaq: SNDA) ("Shanda" or the "Company"), today
announced the appointment of Dr. Jing Zhu as the Chief Technology Officer.
Dr. Zhu joins Shanda Online from Yahoo! Inc. where he served as a Senior
Director from 2001 to 2009. In his most recent post, he was in charge of
Yahoo!'s next generation contextual ad-matching technology platform from 2007
to 2009. Under his leadership, the team took a research prototype and, in less
than one year, launched a successful product that serves hundreds of millions
of ad calls daily. From 2001 to 2006, he was in charge of the engineering team
for Yahoo! Mail, Yahoo! Address Book and Yahoo! Calendar. In this role, he was
responsible for the overall engineering vision, strategy and execution of
these applications. He helped significantly improve everything from anti-spam
technology to back-end architecture, system reliability and performance, and
the end-user experience. During the period, Yahoo! Mail had seen significant
market share and user growth both in the US and worldwide. Dr. Zhu also
managed the operations team that runs one of world's largest distributed
server and storage systems.
Prior to Yahoo!, from 1998 to 2001, Dr. Zhu served in various senior
technical management positions in mobile and optical networking companies in
Silicon Valley.
From 1993-1998, Dr. Zhu worked as a scientist at the Lawrence Livermore
National Laboratory where he designed, developed and maintained C/C++ and
Java-based software for scientific research in solid state and material
physics.
Dr. Zhu graduated from Fudan University in Shanghai at the age of 17 and
later obtained a Masters in Physics from the University of California,
Berkeley and a Ph.D. in Theoretical Computational Solid State Physics from the
same university. He is the author and co-author of six US patents.
"I am pleased that Dr. Jing Zhu has decided to join Shanda Online as our
Chief Technology Officer," commented Ms. Judy Wang, Chief Executive Officer of
Shanda Online. "His extensive experience and education will ensure that Shanda
Online continues to forge ahead as a leader in the Chinese online digital
content delivery, customer relationship management, and promotion-payment
community businesses."
Safe Harbor Statement
This announcement contains forward-looking statements. These statements
are made under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Statements in this announcement that are not
historical facts represent only the Company's current expectations,
assumptions, estimates and projections and are forward-looking statements.
These forward-looking statements involve various risks and uncertainties.
Important risks and uncertainties that could cause the Company's actual
results to be materially different from expectations include but are not
limited to the risks set forth in the Company's filings with the U.S.
Securities and Exchange Commission, including the Company's annual report on
Form 20-F. The Company does not undertake any obligation to update any
forward-looking statement, except as required under applicable law.
About Shanda Interactive Entertainment Limited
Shanda Interactive Entertainment Limited (NasdaqGS: SNDA) ("Shanda
Interactive") is a leading interactive entertainment media company in China.
Leveraging its integrated interactive services platform, Shanda Interactive
offers a diversified portfolio of high quality content through its
subsidiaries and affiliates, including Shanda Games, Shanda Literature,
Hurray!, and various other online community and business units. The broad
variety of content ranges from massively multi-player online role-playing
games (MMORPGs) and advanced casual games, to chess and board games, e-sports,
cartoons, literature, film, television, mobile ringtones and music. By
providing a centralized platform through which Shanda Interactive can deliver
its own content as well as third-party content, Shanda Interactive allows its
users to interact with thousands of other users while enjoying some of the
best entertainment content available in China today. Shanda Interactive:
"Interaction enriches your life". For more information about Shanda
Interactive, please visit http://www.snda.com.
About Shanda Online
Shanda Online Holdings Limited ("Shanda Online") is an integrated online
value-added service platform. Through its infrastructure, which includes a
digital content delivery ("DDS") system, a customer relationship management
("CRM") system and a promotion-payment community ("PPC") system, augmented by
a world-class security system, Shanda Online provides full supporting services
to the operators of various interactive entertainment contents. Shanda Online
is a wholly-owned subsidiary of Shanda Interactive Entertainment Limited
(NasdaqGS: SNDA).
For more information, please contact:
Shanda Interactive Entertainment Ltd.
Mabel Hsu, IR Associate Director
Vivian Chen, IR Manager
Phone: +86-21-5050-4740 (Shanghai)
Email: IR@snda.com
Christensen
China:
Paul Collins
Phone: +86-21-6468-0334
Email: pcollins@christensenir.com
United States:
Mike Houston
Phone: +1-212-618-1978
Email: mhouston@christensenir.com
SOURCE Shanda Interactive Entertainment Limited