MR. O.D. KOBO – Press Conference – China

MR. O.D. KOBO
KOOLANOO GROUP CHAIRMAN AND CEO
Press Conference – China

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GUY GRINBERG – Co-Founder and COO Kolanoo Group

GUY GRINBERG

Educated in Israel, Mr. Grinberg has excelled in his management and operations techniques, showing dynamic strengths and diversity. His actions and manoeuvres in the vibrant business environment have been reflected in his operational skills in UTI Shipping (leading shipping company), CMHC (a real estate conglomerates) and companies in the media and internet sectors.

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ChenQi, GM General Manager- China

ChenQi, GM

Just as 360Quan’s company culture to advocate young and diversity, his experience is likewise diversified. With background of economy and finance in university study, he began to be involved in internet since late 1990s. He was an active figue in BBS of Tsinghua University, which is a heat university forum. He’s got crazy love on internet and his personal site was rewarded as the top 10 distinguishing personal website by Life Weekly Magazine, and he is one of the earliest bloggers.

When working in CCTV, he once climbed onto the camp on the Everest with 7,000 meters above sea level; and flied on fire balloon across the Three Gorges. He planned and executed a series of TV and internet programs for CCTV. Out of love on nature and life, he joined Conservation International China Program, one of the largest nature protection organizations in world. He spent most of his time in the poorest suburban areas in high lands and Tibetan altiplano, hanging along with local people. During his work there, he also led a project to shoot film for Chinese villages supported by National Geography. He traveled ceaselessly in every inches of Tibet and participated a web2.0 site planning as an independent internet consultant. He’s got various background and broad interest for young attitude, loving travel, nature and internet. These are the main parts in his life.

He is now back to the internet in 2007, building 360Quan together with his friend KOBO. He believes that groups can change a person’s life and the core of internet is people’s relations. He worked hard to build 360Quan a unique platform for young people in their social network.

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Koolanoo’s 360QUAN to become 3rd Largest Social Network in China

Koolanoo break through in China

(BEIJING, 27 Dec, 2007) leading social network site for teens, and one of the fastest growing website’s in China’s internet sector,
, 360Quan announced today that they have secured a second round of investment capital totaling USD 5 million from Koolanoo Group the boutique Chinese Internet investment firm held by Internet maverick & tycoon O.D. Kobo. The investment will be used to accelerate the company’s already rapid development, allowing it to add personnel, enhance existing technologies and launch the much anticipated customized Mail & browser services. With this support, 360Quan will open a new chapter in its already impressive history.

Koolanoo Group and 360Quan have successfully worked together in the past and will contribute to each other’s future growth, said Mrs. Dong Binghui, Director of 360Quan. These funds will help us reach our goals for 2008 and allow us to continue providing our users with new features and unique social services.

Since its founding less than one year ago, 360Quan has been a local phenomenon legendary success story in China’s Internet community. Today, more than 22 million people use 360Quan every month, making 360Quan one of the fastestever growing social networking sites (SNS) in China. We are making history every day, said Dong. For 10 months we’ve been climbing the list of Chinas top 10 SNS communities. We expect to top that list this coming year.

Recently, 360Quan has been adding an array of new features and functions, moving its online offering beyond the traditional SNS. 360Quan General Manager China Mr. Chen Qi remarked, We are proud to be bringing our users new features and products, like 360Qmail, which will be coming very soon. We are driving an experience revolution by providing our users something truly different and cool.

360Quan has built its reputation by engaging China’s teenage Internet community with the most complete range of communications tools for web surfers to use to express themselves. With more widgets, more features , more mobile friendly activities and more content, the web site provides unparalleled opportunities for teenagers to make friends and customize their social networking experience. At our core, we are just a bunch of Internet junkies that believe in the future of the Chinese Internet, said Chen. Our goal is clear and simple: to create the best social network for ourselves, our friends, and the whole Chinese community.

With a significant focus on Chinese new media ventures, Koolanoo Group has successfully realized its investment target of USD 20 million by Q1 2008 announced inJuly . This move consolidates Koolanoo Group’s position as a leading, strategic investor in China’s Internet market. 360Quan’s success confirmed the accuracy of our vision. With ample investment capital, I can confidently say that we are participating in the Chinese internet with our vision and raw energy, said Mr. O.D. Kobo, Koolanoo Group Chairman and CEO. China is the single most important and exciting online market in the world today. Koolanoo Group hopes to emulate the future of online in China: aggressive, fresh, ambitious and determined.

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