Kingsoft (HKG:3888) Teams Up With Taobao, Alipay & Maxthon To Form The First Safe Online Shopping Platform in China

Hong Kong, Dec 9, 2009 AEST (ABN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKG:3888), China's leading entertainment and applications software developer, distributor and service provider, based on market share, today announced that the Company has teamed up with Taobao and Alipay, well-known online shopping platforms, as well as Maxthon Browser, one of the most popular internet browsers in China, to form the first safe online shopping platform in China. This collaboration would help Kingsoft extend its internet security products to the fast-growing online shopping market to attract more users and enlarge market share. And this alliance with the key players in online shopping industry is also a solid proof and recognition of our quality products.

Wang Xin, Vice President at Kingsoft, said, "It is reported that over 70% of internet users in China are doing online shopping. This collaboration could accommodate users' needs as many of them begin to be aware of the importance and urgency of a secured online shopping platform. With this collaboration, Kingsoft's products and services are also extended to online shopping market, which widens its application and helps enlarge our user base. As online shopping is expected to become a major trend in the future, this collaboration will enable Kingsoft to enjoy first-mover advantage in this market with unlimited potential."

Maxthon Browser will be equipped with a plugin of Kingsoft WebShield, one of the Company's internet security products. Once the plugin is installed, after opening a browser, users are immediately under the protection of Kingsoft WebShield, including anti-spy, anti-fraudulent websites, anti-virus and etc. Since its release at the end of November, Kingsoft WebShield 3.0 has had over ten million installations. Kingsoft WebShield and Alipay will mutually share the database of fraudulent websites. Alipay will send the list of fraudulent websites, provided by users or automatically detected by system, to Kingsoft WebShield. Kingsoft WebShield will also send its latest list to Alipay on a daily basis. As such, both parties can guard against fraudulent websites swiftly. These two lines of defence enormously strengthened the security of online shopping without affecting website browsing.

Contact

Kingsoft Corporation Limited Michelle Feng Harnett Tel: (86) 10 82325515 / (86) 135 0200 7218 Email: ir@kingsoft.com Hill and Knowlton (Asia) Limited Chelsea Ng Tel: (852) 2894 6240 Email: chelsea.ng@hillandknowlton.com.hk Tiff Ko Tel: (852) 2894 6208 Email: tiff.ko@hillandknowlton.com.hk