BEIJING, Aug. 1 /Xinhua-PRNewswire/ -- Baidu.com, Inc. (Nasdaq: BIDU), the
leading Chinese language Internet search provider, today announced the
appointment of Toshikazu Inoue as President of Baidu, Inc., Baidu's Japanese
Subsidiary ('Baidu Japan'), effective August 1, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO )
'We are very pleased to have Toshikazu Inoue joining us as President of
Baidu Japan,' said Robin Li, Baidu's chairman and chief executive officer. 'Mr.
Inoue is recognized across Asia as a pioneer in the Japanese Internet search
market. He joins Baidu with substantial international experience, an effective
management style and a deep understanding of technology, products and end
users in the Japanese Internet search market. Under Mr. Inoue's leadership, we
expect Baidu Japan will attract new talent, advance product and service
development, and steadily improve local user experience.'
Toshikazu Inoue joins Baidu from Yahoo! Japan, where he worked for almost
four years. His last post there was vice president of search business,
responsible for product research and development. In that role, he oversaw all
product development at Yahoo! Japan. Mr. Inoue left Yahoo! Japan with an
exceptional track record after helping the company achieve dominant market
position in search in Japan. Prior to Yahoo! Japan, Mr. Inoue worked for the
web portal Excite Japan as chief technology officer.
Inoue holds a master's degree in electronic engineering from the Tokyo
Institute of Technology in Tokyo, Japan and a bachelor's degree in electronic
engineering from Sophia University, also in Tokyo, Japan.
About Baidu
Baidu.com, Inc. is the leading Chinese language Internet search provider.
As a technology-based media company, Baidu aims to provide the best way for
people to find information. In addition to serving Internet search users,
Baidu provides an effective platform for businesses to reach potential
customers. Baidu's ADSs, each of which represents one Class A ordinary share,
currently trade on the NASDAQ Global Select Market under the symbol 'BIDU'.
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. These forward-looking statements can be
identified by terminology such as 'will,' 'expects,' 'anticipates,' 'future,'
'intends,' 'plans,' 'believes,' 'estimates,' 'confident' and similar
statements. Among other things, quotations from management in this
announcement contain forward-looking statements. Statements that are not
historical facts, including statements about Baidu's beliefs and expectations,
are forward-looking statements. Forward-looking statements involve inherent
risks and uncertainties that could cause actual results to differ materially
from those contained in any forward-looking statements. Further information
regarding these and other risks is included in our annual report on Form 20-F
and other documents filed with the Securities and Exchange Commission. All
information provided in this press release is as of August 1, 2008, and Baidu
undertakes no duty to update such information, except as required under
applicable law.
For investor inquiries please contact:
China
Helen Zhang
Baidu.com, Inc.
Tel: +86-10-8260-7558
Email: ir@baidu.com
Helen Plummer
Ogilvy Financial, Beijing
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com
U.S.
Jeremy Bridgman
Ogilvy Financial, New York
Tel: +1-212-880-5363
Email: jeremy.bridgman@ogilvypr.com
SOURCE Baidu.com, Inc.
