updated 11/30/2010 1:17:20 PM ET 2010-11-30T18:17:20

NEW YORK, Nov. 30, 2010 (GLOBE NEWSWIRE) -- SOU 300 Group Holding Company (Pink Sheets:SOUG), a leading technology company that focuses on web search and content distribution, has completed a successful listing of its company on the Over the Counter Market.

Founded in 2008, SOU 300 is a provider of web based search, business search, and mobile phone search for Mandarin and Cantonese language Internet Sites. Modeled after global search engines, SOU has added powerful applications that are unique to the Chinese Internet and Smart Phone Market.

Yong Zhao, President and CEO, commented, "We are proud to be a listed company in the U.S. and believe that being in the U.S. financial markets will enhance our competitiveness. Yes, there are some players in the Chinese Internet space - 'Bidu, Sohu, Yahoo, MSN, etc.', but few deliver streamlined phone based services. We also believe that our streamlined sites are more intuitive than traditional Chinese hodge-podge Search engines differentiating us for the better."

About SOU 300 Group Holding Company

Located in Beijing, SOU 300 is a technology and Software Company that facilitates Internet Search on web based appliances. The company concentrates on web based and business searches and has created a 'club' for social networking. For more information, please visit  www.sou300.com

Legal Disclaimer

The statements contained in this press release contain certain forward looking statements, including statements regarding the company's expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the company's management as of the date hereof, and actual results may vary based upon future events, both within and without the control of the company's management.

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.95%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.58%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.40%
13.40%
Cash Back Cards 17.92%
17.91%
Rewards Cards 17.12%
17.11%
Source: Bankrate.com