SHANGHAI, China, April 8, 2008 /Xinhua-PRNewswire/ -- Shanda
Interactive Entertainment Limited (Nasdaq: SNDA), or Shanda, a leading
interactive entertainment media company in China, today announced
additional senior management appointments within the business units to
support the continued expansion and execution of the Company's 3C strategy
of Content, Community, and Commerce.
Hai Ling has been named President of Shanda Games ("SDG"), Shanda's
online game business unit. Mr. Ling, who joined Shanda in 2003 after
holding a number of managerial positions at Powerise Technology, Taike
Computer, and Xiangpu Computer, has served in various capacities at Shanda,
most recently as senior vice president.
Xiangdong Zhang has been named Chief Producer of SDG and will be
responsible for the development and publication of online games. Mr. Zhang,
who joined Shanda in 2001 after holding a number of managerial positions at
China.com and Jinzhita Computer, has served in various capacities at
Shanda, most recently as senior vice president.
Jisheng Zhu has been named Chief Technology Officer of SDG. Mr. Zhu,
who joined Shanda in 2002 after holding a number of managerial positions at
Kingnet Security and Eachnet.com, has served in various capacities at
Shanda, most recently as vice president.
Jianwu Liang has been named Chief Technology Officer of Shanda Online
("SDO"), Shanda's business unit that operates its integrated platform and
independent e-commerce system. Mr. Liang, who joined Shanda in 2002 from
Wonder Information Tech, has served in various capacities at Shanda, most
recently as vice president.
"On the heels of our recent appointments of Diana Li and Judy Wang as
chief executive officers of SDG and SDO, respectively, we are pleased to
announce the appointment of additional members to the management team of
SDG and SDO," said Chen Tianqiao, chairman and chief executive officer of
Shanda. "These appointments from our existing talent pool will help to
streamline and improve our operational efficiency through our next period
of development and growth."
About Shanda Interactive Entertainment Limited
Shanda Interactive Entertainment Limited (Nasdaq: SNDA) is a leading
interactive entertainment media company in China. Shanda offers a portfolio
of diversified entertainment content including some of the most popular
massively multi-player online role-playing games (MMORPGs) and casual
online games in China, as well as online chess and board games, network PC
games and a variety of cartoons, literature works and music. Shanda's
interactive entertainment platform attracts a large and loyal user base.
Each user can interact with thousands of other users and enjoy the
interactive entertainment content that Shanda provides. Interaction
enriches your life. For more information about Shanda, please visit
http://www.snda.com .
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 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.
For more information, please contact:
Maggie Yun Zhou
Investor Relations Manager
Shanda Interactive Entertainment Limited
Tel: +86-21-5050-4740 (Shanghai)
Email: IR@shanda.com.cn
SOURCE Shanda Interactive Entertainment Limited
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Related links: http://www.snda.com
CONTACT: Maggie Yun Zhou, Investor Relations Manager of Shanda Interactive Entertainment Limited, +86-21-5050-4740 (Shanghai), or IR@shanda.com.cn
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