Number 2 in the Entertainment Industry
SHANGHAI, Aug. 19 /PRNewswire-Asia/ -- Shanda Interactive Entertainment
Limited (Nasdaq: SNDA), 'Shanda' or the 'Company', announced that the Company
was ranked seventh in the list of 100 fastest-growing companies and second in
the list of fastest-growing entertainment companies by Fortune Magazine. The
list was opened to businesses around the world for the first time according to
Fortune Magazine.
To compile the list, Fortune ranked companies based on certain growth and
return thresholds such as three-year annual revenue growth rate, EPS growth
rate and total return to investors through June 30, 2009. Specifically,
Shanda's revenue growth rate during the period was 44%, EPS growth rate was
91%, and total return to investors was 59% according to the list.
'Shanda is honored to be recognized by Fortune Magazine as one of the
world's top 100 fastest-growing companies,' said Tianqiao Chen, Chairman and
Chief Executive Officer of Shanda. 'As Shanda celebrates its 10th anniversary
this year, we are delighted in the growth and broad acceptance of our
interactive entertainment content products and services business, and remain
committed to enhance our leadership in the interactive entertainment
industry.'
Safe Harbor Statement
This announcement contains forward-looking statements. These statements
are made under the 'safe harbor' provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Statements in this announcement that are not
historical facts represent only the Company's current expectations,
assumptions, estimates and projections and are forward-looking statements.
These forward-looking statements involve various risks and uncertainties.
Important risks and uncertainties that could cause the Company's actual
results to be materially different from expectations include but are not
limited to the risks set forth in the Company's filings with the U.S.
Securities and Exchange Commission, including the Company's annual report on
Form 20-F. The Company does not undertake any obligation to update any
forward-looking statement, except as required under applicable law.
About Shanda Interactive Entertainment Limited
Shanda Interactive Entertainment Limited (NasdaqGS: SNDA) is a leading
interactive entertainment media company in China. Shanda offers a portfolio of
diversified entertainment content including some of the most popular massively
multi-player online role-playing games (MMORPGs) and advanced casual online
games in China, as well as online chess and board games, e-sports game
platform and a variety of cartoons, literature works and music. Shanda's
interactive entertainment platform attracts a large and loyal user base. Each
user can interact with thousands of other users and enjoy the interactive
entertainment content that Shanda provides. Interaction enriches your life.
For more information about Shanda, please visit http://www.snda.com .
For more information, please contact:
Shanda Interactive Entertainment Limited
Mabel Hsu, IR Associate Director
Vivian Chen, IR Manager
Maggie Yun Zhou, IR Manager
Phone: +86-21-5050-4740 (Shanghai)
Email: IR@snda.com
SOURCE Shanda Interactive Entertainment Limited
