English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 15 April 2010, 17:06 HKT/SGT

Source: Kingsoft Corporation Limited
Kingsoft Sets Up Internet Security Subsidiary; 'Kingsoft Internet Security 2011' Launched, Leading Cloud Anti-virus Software in China

HONG KONG, Apr 15, 2010 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx: 03888), a leading applications and entertainment software developer, distributor and service provider in China, announced that Beijing Kingsoft Security Software Co., Ltd ("Kingsoft Security") has been set up and it will be more dedicated to in-depth development of Internet security software series, which is one of our major profitable products. The establishment of the new company marks the significant progress of Kingsoft's corporate strategy. Meanwhile, Kingsoft Internet Security 2011 is officially launched, which is the leading cloud anti-virus software in China.

Kingsoft Security sets two core strategies - migrating to an Internet company in full-scale and developing authentic cloud security system. As the leading authentic "cloud" anti-virus software in China, Kingsoft Internet Security 2011 fully adopted "authentic cloud security technology", which will bring a whole new experience for users. Ms. Wang Xin, Chief Executive Officer of Kingsoft Security said, "As a leading company in China's Internet security software, we will take a series of measures to promote the healthy development of the industry and will timely launch various Internet security software products with enhanced user experience to meet the market demands. Kingsoft Security will adhere to the strategy of migrating to an Internet company in full-scale and actively push forward expertise sharing and cooperations in Internet securitiy industry.

Kingsoft Security offers all kinds of Internet security products including Kingsoft Internet Security, Kingsoft WebShield and Kingsoft Defender etc., ranging from permanent free products to premium products. Kingsoft Internet security software is one of the major sources of revenue of the Company. According to the figures released by the Company's 2009 Annual Results, Internet security software contributed RMB260 million, or 79% of total revenue from applications software unit (RMB330 million).

Mr. Pak Kwan Kau, Chairman and Chief Executive Officer of Kingsoft, said, "The Company's business expansion and the development of Internet security market naturally lead to the establishment of Kingsoft Security. Leveraging our experience in developing and operating online games, we will integrate the operations of online games, applications software and Internet security software, guided by the new operation model of Kingsoft Security. We will join hands together with clear divisions of business segments and exploit advantages of each other, to enhance the Company's overall operating efficiencies and profitability."

Kingsoft Corporation Limited

Ms. Michelle Feng Harnett 
Tel: +86 10 82325515
Email: [email protected]

Ms. Claire Lee
Tel: +86 10 82334488 - 5850
Email: [email protected]

Topic: Establish Subsidiary
Source: Kingsoft Corporation Limited

Sectors: IT Individual, Gaming
From the Asia Corporate News Network

Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Kingsoft Corporation Limited Releated News
Mar 23, 2021 19:07 HKT/SGT
Mar 23, 2021 19:06 HKT/SGT
Mar 23, 2021 19:05 HKT/SGT
Kingsoft Announces 2020 Annual and Fourth Quarter Results
Nov 17, 2020 17:22 HKT/SGT
Nov 17, 2020 17:21 HKT/SGT
More news >>
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6653 1210 | Tokyo: +81 3 6859 8575