This excerpt taken from the SOHU 8-K filed Feb 9, 2005.
Jianjun Wang, Vice-President:
Thank you. I am happy to report to you that our sponsored search revenues came in line with expectations in the fourth quarter.
Competition is increasing in this area but we believe our Search Engine SoGou, the Search Dog, is strong enough to compete with vertical search engines. We continue to improve our product and we are ready to go to market with a major upgrade of our Search Engine. We will launch our SoGou Version 2.0 in two weeks time on February 25, which is our portals 7th anniversary. We cannot go into details yet, but we expect SoGou 2.0 to become one of the most successful Chinese language Search Products for this market.