NetEase, Inc. unveils the NetEase Neighborhood Portal Service

Santa Rosa, CA February 26, 2002
For immediate release

NetEase Inc., the premier Internet service Provider for home and business subscribers, in conjunction with USOnline.com has launched a new community portal service - The NetEase Neighborhood Portal. The service provides subscribers with customized content such as news, weather, auctions, classifieds, personals, chat, and shopping just to name a few. Upcoming service enhancements include stock Information, sports news and scores, a personal day planner, greeting cards, and other personal assistant services.

The new NetEase Neighborhood Portal is a result of months of intensive planning and meticulous design resulting in an innovative and reliable web experience. The NetEase Neighborhood Portal has been developed with an investment of over a half of million dollars.

The portal service supports NetEase's goal to provide localized services to its national subscriber base. The Site will provide premium national content similar to sites such as Yahoo, Lycos, and MSN with additional local content, personalization features and unique NetEase subscriber communications tools.

William Perdue, NetEase's founder and CEO, hopes that his customers will appreciate this free value-added service at a time when his competitors continue to increase prices without increasing their services.

"The NetEase Neighborhood Portal allows us to provide local content to our ever-growing national customer base. We expect that our subscribers will really enjoy the benefits available from the combination of localized content and communications functionality that this personalization tool delivers. It is a great way to grow an online community as well as provide a gateway to information needed for work, life, and play."

About NetEase Inc.
NetEase, Inc. is a leading provider of internet services enabling business and home subscribers to harness the power of the digital age. Headquartered in Santa Rosa, California, NetEase, Inc. provides a host of reliable internet connectivity, web hosting, and networking services to thousands of people and hundreds of communities throughout the continental United States.

About USOnline.com
The US Online Network launched in July of 1998 to provide local ISPs a platform to protect, grow and prosper in the dynamic internet access market. Today, US Online is the Industry's largest Network of local ISPs. US Online is a privately held corporation, funded by the Network ISPs, Strategic Partners, and Private Investors.