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KK AdSociety Japan Partners With RealNetworks KK 

To Offer New Multimedia Advertising Solutions To Advertisers In Japan

HONG KONG, August 20, 2001—KK AdSociety Japan, a majority-owned joint venture of The AdSociety Group has announced a partnership with RealNetworks KK, the leaders of Internet media delivery in Japan.  Under the partnership, KK AdSociety Japan will collaborate with RealNetworks KK to offer new innovative multimedia infomercials across RealNetworks’ Real Guide, one of the highest-ranking Audio and Video streaming Web sites in Japan. 

The AdSociety Group, a majority-owned joint venture of PCCW (SEHK : 0008, NYSE : PCW [ADR]), is the first pan-Asian broadband and wireless advertising, marketing and sales network.  RealNetworks KK is part of RealNetworks Inc. (NASDAQ : RNWK), the global leader in Internet media delivery.

“We are very excited to have partnered with KK AdSociety Japan to present new multimedia advertising opportunities to advertisers via Real Guide. Within Real Guide, advertising can actually become compelling content, and with Japan’s Real Guide user base being the largest in the world outside of the US, this provides an extremely lucrative advertising platform.  We believe that KK AdSociety Japan’s expertise in broadband advertising will help advertisers increase brand exposure via this new advertising medium,” said Kimihiko Shindo, representative director, RealNetworks KK.

Both companies will collaborate to enable advertisers create more compelling branded content in streaming media ad format that can be viewed using Real Player. As a measure of success, advertising campaigns can be served and tracked like any other online advertising campaign. 

Advertisers can also select to showcase their products through Real Guide or specific category defined channels such as, movies, entertainment, news, business, sports or music for more targeted audiences.

In a further move to help advertisers maximize brand mileage, RealNetworks KK will send alerts within its bi-monthly newsletter to notify readers of newly added content featured within Real Guide.

“Our partnership with RealNetworks KK greatly enhances our service offerings in Japan to assist marketers and advertisers to deliver substantially higher branding and interactivity with their customers.  Japan is Asia’s largest Internet advertising market, RealNetwork is the global leader in Internet delivery; combine these with our pioneering leadership in broadband advertising in Asia and our ability to create innovative advertising services and solutions in the new media economy, we believe that this partnership will truly benefit the online advertising industry throughout Japan,” said Mark Brown, AdSociety Group’s President for Asia Pacific.

Currently Japan represents the largest online advertising marketing in Asia.  
According to Dentsu Inc, online advertising revenue at the end of 2000 was US$425m. In another report by Forrester (Jan 2001), online advertising revenue is projected to increase to US$1.6  billion by 2003, a year-on-year growth rate of over 63%.

About KK AdSociety Japan

KK AdSociety Japan is a subsidiary of The AdSociety Group, a majority-owned joint venture of PCCW (SEHK : 0008, NYSE : PCW [ADR]), and the first pan-Asian broadband and wireless advertising, marketing and sales network.  AdSociety currently provides advertising, marketing and sales services to PCCW-related companies as well as provides pioneering online, broadband and wireless marketing solutions and services to marketers and to over 1,300 member websites.

Headquartered in Hong Kong, The AdSociety Group has offices and joint ventures established in Beijing, Seoul, Shanghai, Singapore, Sydney, Taipei, Tokyo and New York City and currently employs over 120 media professionals with a proven track record in pioneering advertising sales for broadcast television and the Internet in Asia.

The AdSociety Group's joint venture and strategic partners include Tokyu Agency Inc. (a Tokyu Group company and affiliate of the Tokyu Corp. [TSE : 9005]),  LG Advertising [SEO : 35000] (a LG Group company),  Cyber Communications Inc. (a joint venture between Dentsu Inc. and SOFTBANK Corp. [TSE : 9984]), Digital Advertising Consortium (a joint venture between  Hakuhodo Inc., Asatsu-DK Inc. [TSE: 9747] and Daiko Advertising Inc.),  L90 Inc. [NASDAQ:LNTY], Interactive Media ContentSuite AG (a Axel Springer Verlag company [DE : 550135]),  SkyGo Inc. (a Vanguard Investee),  E-Book Systems Inc. (a Creative Technology [NASDAQ : CREAF] Investee),  AdClick (a KT Internet company - an affiliate of Korea Telecom [NYSE : KTC]),  e-Brilliant (a Brilliant Digital Entertainment Inc. company [AMEX : BDE]),  VideoBanner.com (a TSC Capital Group investee),  Media Genesis (an IconMediaLab company [STO : ICON.ST]), Australia Media Holdings (a SportsWorld company [LSE : SWD.L]) and  B2BWorks.  More information on AdSociety can be found at www.AdSociety.com.


About RealNetworks Inc.
RealNetworks, Inc. (NASDAQ : RNWK) is the global leader in Internet media delivery. It develops and markets software products and services designed to enable users of personal computers and other consumer electronic devices to send and receive audio, video and other multimedia services using the Web. Consumers can access and experience audio/video programming and download RealNetworks consumer software on the Internet at http://www.real.com. RealNetworks' systems and corporate information is located on the Internet at http://www.realnetworks.com.

For further information, please contact:

Samantha Chan                                                                    

VP, Corporate Communications & Regional Marketing

AdSociety Limited

Tel: +852 2509 2236                                                                

Email: Samantha.chan@adsociety.com      

Desiree Lim/Susanna Muk                                                    

Ogilvy PR Worldwide

Tel: +852-2884-8248/2884-8584                                               

Email: Desiree.lim@ogilvy.com/Susanna.muk@ogilvy.com

 

 

 

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