Maxthon Releases 99Bill Edition Internet Browser

23 November 2005

99Bill Corporation ( http://www.99bill.com ), the first company in China offering email and mobile phone number based online payment platform and solutions, announced today that the company has worked with Maxthon to release the 99Bill Edition of the popular Maxthon Internet Browser. This customized 99Bill edition comes with bundled 99Bill toolbar and it could support basic 99Bill functions such as account login, account balance check, quick payment, etc., and users also have the option to go to the 99Bill site for more sophisticated features and merchant tools. Maxthon's Internet browser is a tool based on the Internet Explorer browser engine with a powerful and a highly customizable interface. It allows users to open multiple web pages in a single window, thus maximizing the utilization rate of the system resources and ensuring efficiency in obtaining network services. In addition, Maxthon's browser can effectively block various intrusive objects such as pop-up advertising by safeguarding the security of web browsing. Since its launch to the market, Maxthon browser has become very popular among 110 million Internet users in China and over 40 million users worldwide. Placing 99bill's toolbar inside Maxthon browser will bring instant convenience to Internet users for online payment and other value added services. Oliver Kwan, CEO of 99Bill said, ''Establishing a user-friendly and reliable online payment interface is the foundation for any online and wireless transaction. As a third-party online payment platform, 99Bill is committed to providing outstanding and innovative payment methods to our users. Our partnership with Maxthon is one of the initiatives towards this goal.'' The total transaction volume of Internet products and services, as well as wireless value added services in China, reached USD 2.8 billion in 2004. However, most of these transactions were conducted through legacy and high cost payment means, such as C.O.D, postal wire, pre-paid cards and bill collection service by mobile operators. Now on the 99Bill platform, anyone or any business with a verified email address or a mobile number can accept debit card and credit card payment in real time and send and receive payments easily, securely and promptly without exposing the recipient's personal information such as bank account, name and address. In addition, Internet users and business customers can choose from 99Bill's diversified product portfolio and innovative merchant tools to meet their personal and business online payment needs. About 99Bill Corporation 99Bill Corporation is the first company in China offering email and mobile phone number based online payment platform and solutions. The Company's founding members are seasoned entrepreneurs in China's Internet industry and have extensive experience in product development, technology innovation, marketing and capital financing. The company's products and services aspire to provide a secure, integrated and confidential payment platform, as well as innovative payment and merchant tools to e-commerce operators, Internet and wireless service providers and individual users. 99Bill's payment services currently cover over 2.7 billion domestic and international debit and credit cards, as well as support bank wire, postal wire and pre-paid card transactions nationwide. 99Bill is currently partnering with leading domestic and international Internet companies to enable payment collections for various Internet and wireless applications and will continue to introduce new products and services to the market in the near future. For further information, please visit http://www.99bill.com . About Maxthon Maxthon is an Internet Explorer based, customizable based tabbed browser. Awarded the Red Herring Asia 100 price 2005 and named as one of the best 100 products by PC World Magazine, Maxthon has reached 40 million downloads since its launch 2005 without marketing. Being publicly endorsed by Microsoft and leading Wall Street Internet analysts, Maxthon is rapidly gaining popularity all over the world. For further information, please visit http://www.maxthon.com . For more information, please contact: Ms. Olive Zhou 99Bill Corporation Tel: +86-10-8454-9510 x802 Fax: +86-10-8454-9515 Email: ozhou@99bill.com Janet Mu 99Bill Corporation Tel: +86-10-8454-9510 x809 Fax: +86-10-8454-9515 Email: jmu@99bill.com

Source: PR Newswire