SHANDA SAID TO BUY G-BITS TO PERFECT BUSINESS DISTRIBUTION

AsiaInfo Services, June, 2007

AsiaInfo Services 06-04-2007 Shanda Said to Buy G-Bits to Perfect Business Distribution SHANGHAI, Jun 04, 2007 (SinoCast via COMTEX) -- Shanda Interactive Entertainment Limited, a Shanghai-based leading online game company, is said to negotiate for acquiring the homegrown online game developer G-Bits Network Technology. G-Bits has gained good reputation because of its self-developed online game Asktao, which has scored record-high simultaneous online players of over 650,000.

Besides, the sequel of Asktao will hit market, a source disclosed. Several popular online games that are operated by Shanda were developed by overseas companies. Consequently, the intent to acquire G-Bits proved that Shanda was eagerly to march into online game research and development...

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