The Light of Asia -- IPart Among Red Herring's Top 100 in Asia

The Light of Asia -- IPart Among Red Herring's Top 100 in Asia

August 30, 2007

    SHANGHAI, China, Aug. 30 /Xinhua-PRNewswire/ -- iPart,
as the only SNS dating site, has been selected as one of
Red Herring's Top 100 IT companies in Asia. The site was
first launched in Taiwan in 2002 and in China in 2005,
illustrating quite a rapid ascent in popularity. It was
ranked among the top 2 in the industry and top 100 in
Chinese websites in terms of number of visitors.

    iPart has some 8.3 million registered members in
mainland China and Taiwan. iPart in mainland China has
received funding from Taiwan-based iDT, Japanese firms JAIC
and Cyber Agent within two years of its founding and its
third round canvassing for venture capital is under active
planning. In the existing business model, its unique and
exclusively-owned chameleon advertisement on its homepage
is welcomed by many famous brands, such as LANCOME, SONY,
Estee Lauder, DIOR, Oral-B, China Merchant Bank's Pepsi
credit card. It attracts users to visit with activities
such as a Chinese Valentine's Day shopping mall treasure
hunt in cooperation with eBay, and a Halloween
"treat-or-trick" with Alpenliebe Candy, which
garnered favorable comments from participating merchants. 

    iPart will open an on-line shopping channel for brand
names, setting up a platform for different enterprises to
showcase their brands and introduce their products to a
potential 8.3 million visitors. IKEA, AMD and DHL have set
up virtual stores in iPart. Such promotional models
introduced by iPart are innovative and have also proven to
be profitable.

    iPart has received favorable media attention both
domestically and abroad, and is well-regarded in the US,
Japan, Sweden, Singapore, Great Britain, Korea and other
countries. Similar sites abroad include American Second
life, GAIA, Japanese mixi, Korean CYWORLD and European
HABBO HOTEL. iPart aims to become a website as globally
influential as Google and eBay.

    About iPart (http://www.ipart.cn)

    iPart (http://www.ipart.cn) is China's largest domestic
web2.0 Avatar -- SNS dating Blog and community site. It
started operations in August 2005 and is committed to the
concepts of "youth, creation and innovation".
Through the online information platform, it offers web and
mobile users various internet services including netizen
Blogs, minihompy, photo albums, friendship and dating
services and wireless value-added functions. 


    Please contact:

     Wu Yan
     iPart PR
     No. 1028 Panyu Road, Shuyu Building Rm1108, Shanghai
     Tel:   [phone] x210
     Fax:   [phone]
     Email: [e-mail]