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Pearl Research and China GC Networks to Host "China Games and Internet Business Development Mission"

Tour will visit leading Chinese companies such as Shanda, Tencent and Sohu and two major development centers in Beijing

San Francisco, CA, April 9, 2007- Pearl Research and China GC Networks will jointly host the "Internet and Games Business Development Mission" an executive business development mission to Beijing and Shanghai in July 2007.

Through a series of company visits and dinners, participants will network with a select group of business executives and senior government officials. Participants can establish influential industry contacts, gain insights into the Chinese Internet and games market, and discuss potential business opportunities. With more than 133 million Internet users and a games market exceeding $1 billion in 2007, China's digital entertainment industry continues to grow rapidly. This business development tour provides participants with a time- and cost-effective way to develop or refine their China strategy.

Key Highlights of the Trade Mission:

+ Attendees will visit leading Chinese companies in the Internet and games sector such as Shanda (NASDAQ: SNDA), Sohu (NASDAQ: SOHU), Tencent, Tsinghua Tongfang, Optisp, Juunet and Perfect World, among others.

+ The delegation will visit two major development centers in Beijing, the Cyber Recreation District and Zhongguancun Soft Park. Attendees will tour the facilities, meet government officials and more than 15 companies located in these software parks.

Zhongguancun Soft Park is one of the largest software parks in China at 340 acres and is home to 130 high-tech companies including IBM, Siemens and Oracle. The Cyber Recreation District of Beijing (CRD) is a government-backed industrial park and incubator, containing more than 100 companies focused exclusively on games and animation.

+ Attendees will participate in daily dinners with special invited guests for further networking opportunities. In Shanghai, attendees can participate in ChinaJoy, the largest digital entertainment expo in China, featuring more than 160 companies from China and around the world.

Agenda Topics:

Agenda topics during the course of the mission include:

+ Specific business opportunities and partnerships

+ Best practices to successfully enter the market in addition to strategies to avoid

+ Drivers and inhibitors to the growth of the Internet, Web 2.0, MMORPG, casual and online games market

+ Market for initial public offerings (IPO) and mergers and acquisitions in China.

+ The explosive growth of venture capital funding in China

+ Government subsidies and regulations for international companies conducting business in China.

+ Understanding local consumer preferences and the best ways to localize international products for the Chinese market

+ International expansion strategy for local Chinese companies

This business development tour is targeted at content providers, hardware manufacturers, private investors, venture capitalists, press, analysts, professional service providers and any company interested in the burgeoning Chinese Internet and games market.

To access a full schedule or to apply, please visit http://www.pearlresearch.com/china.html or contact Pearl Research at 1-415-376-7310.

About Pearl Research

Pearl Research, a business intelligence and consulting firm, specializes in the interactive entertainment and Internet market with a special focus on emerging markets. Based in San Francisco and China, Pearl Research provides its clients access to a vast knowledge base of market research information. The company publishes in-depth research reports, provides a research advisory subscription service and customized research and consulting services. For more information and to sign up on our mailing list, please visit www.pearlresearch.com.

About China GC Networks

China GC Networks offers clients a complete, integrated source of marketing tools to reach the Chinese game industry. China GC Networks provides a wide variety of services such as event planning and management, public relations, China market entry support, and business consulting to companies that want to explore business opportunities in China. China GC Networks maintains close relationship with various government agencies and industry organizations in China. China GC Networks maintains offices in Beijing, China and Chicago, USA. For more information, please visit www.gcmag.com.

Press Contact:

Allison Luong

Pearl Research

PH: (+1) 415-376-7310

research@pearlresearch.com

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