PRESS RELEASE Summary: Zhou Xuchun, Senior Director of Business Development at Baidu.com, joins SmartClub Loyalty Management as Chief Operating Officer. Shanghai, February 27, 2006 SmartClub Loyalty Management (www.SmartClub.com.cn) today announced the appointment of Mr. Zhou XuChun as Chief Operating Officer and Director of the company. Mr. Zhou will have responsibility for all day-to-day operations of the company, and will lead business development in Beijing and with all online partners. Prior to SmartClub, Zhou XuChun was Senior Director of Business Development at Baidu.com, where he contributed to the search engine company¡¯s successful growth and NASDAQ listing. ¡°We¡¯re very excited to have XuChun join as a leader of our company¡±, said Henry Winter, Chief Executive Officer of SmartClub. ¡°His combination of ability, experience, relationships, and personal qualities is both very rare and exactly what SmartClub needs to grow to the next level. ¡°I¡¯m excited to join SmartClub and help them organize their strengths¡± says Zhou. ¡°In the short term, I ¡®ll be pushing SmartClub¡¯s new focus on recruiting members online through revenue-share partnerships with China¡¯s leading websites, such as Xici.net. In the medium term¡We¡¯re going to be the Baidu of loyalty in China¡± ABOUT SMARTCLUB SmartClub is China¡¯s leading loyalty program, enabling its members to earn SmartPoints and enjoy discounts at hundreds of online and offline retailers. SmartClub is specifically oriented to China¡¯s 17-35 internet-using population, and counts Lianhua, Unicom, McDonald¡¯s, RongShuXia.com, and Linktone among its many retail partners. SmartPoints can be redeemed for over 500 prizes, including a wide variety of online and mobile virtual rewards. For further information please contact: Henry Winter CEO SmartClub Loyalty Management Limited www.SmartClub.com.cn/corporate
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