BEIJING, April 6, 2014 /PRNewswire/ -- Qihoo 360
Technology Co. Ltd. ("Qihoo 360" or the "Company") (NYSE: QIHU), a
leading Internet company in China,
today announced that its flagship security solution, 360 Safeguard
XP Shield, withstood 13 hours of continuous attacks during an
organized hacker contest, while two other security systems from
Tencent and Cheetah Mobile (formerly
Kingsoft Internet Software) were breached in less than two
minutes.
To test the readiness of Chinese online security solutions
against potential threats, eRange Lab (www.erangelab.com), the
largest Massive Open Online Experiment (MOOE) on cyber security in
China, organized The XP Challenger
Contest. The contest brought together 178 "white-hat" hackers and
security experts from around the world who were allowed 13 hours to
attack three sets of Windows XP PCs being protected by Qihoo 360's
360 Safeguard XP Shield, Tencent's Computer Manager XP Special
Edition, and Cheetah Mobile's Duba Antivirus XP Protection Shield,
respectively. Qihoo 360's system was able to withstand 13 hours of
continuous attacks without a single breach, while Tencent's system
was breached in 57 seconds and Cheetah Mobile's system was breached
in less than two minutes. By 9:00 PM
on April 5, 2014 in Beijing, the official end of the competition,
thirteen breaches had been registered against Cheetah Mobile, and
nine breaches were registered against Tencent. Qihoo 360's system was not breached
during the contest.
"The outcome of The XP Challenger contest is a significant
victory for Qihoo 360," said Mr. Xiangdong
Qi, President of Qihoo 360. "It demonstrates Qihoo 360's
substantial leadership in security technology and product
reliability. It further strengthens "360" as the most trustworthy
brand in PC and mobile security in China and globally."
Microsoft has announced that it will cease providing technical
support for its Windows XP operating system beginning April 8, 2014. There are still over 200 million
Windows XP-based computer users in China. Qihoo 360 is cooperating with Microsoft
to provide ongoing extended security protection to hundreds of
millions XP users in China.
About Qihoo 360
Qihoo 360 Technology Co. Ltd. (NYSE:
QIHU) is a leading Internet company in China. The Company is also the number one
provider of Internet and mobile security products in China as measured by its user base, according
to iResearch. Qihoo 360 also provides users with secure access
points to the Internet via its market leading web browsers and
application stores. The Company has built one of the largest open
Internet platforms in China and
monetizes its massive user base primarily through online
advertising and through Internet value-added services on its open
platform.
Forward-looking Statements
This press release contains
statements of a forward-looking nature. These statements are made
under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. You can identify these forward-
looking statements by terminology such as "will," "expects,"
"believes," "anticipates," "intends," "estimates" and similar
statements. These forward-looking statements involve known and
unknown risks and uncertainties and are based on current
expectations, assumptions, estimates and projections about Qihoo
360 and the industry. Potential risks and uncertainties include,
but are not limited to: the Company's ability to continue to
innovate and provide attractive products and services to attract
and retain users; the Company's ability to keep up with rapid
changes in technologies and Internet-enabled devices; the Company's
ability to leverage its user base to attract customers for our
revenue-generating services; and the Company's dependence on online
advertising for a substantial portion of our revenues; and the
Company's ability to compete effectively. All information provided
in this press release is as of the date of the press release, and
Qihoo 360 undertakes no obligation to update any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although Qihoo 360 believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that its expectations will turn out to be correct, and
investors are cautioned that actual results may differ materially
from the anticipated results. Further information regarding risks
and uncertainties faced by Qihoo 360 is included in Qihoo 360's
filings with the U.S. Securities and Exchange Commission, including
its annual report on Form 20-F dated April
19, 2013.
For investor and media inquiries, please contact:
Qihoo 360 Technology Co. Ltd.
In China:
Tel: +86 10-5878-1574
E-mail: ir@360.cn
In the U.S.:
The Piacente Group, Inc.
Brandi Piacente
Tel: (212) 481-2050
E-mail: qihu@tpg-ir.com
SOURCE Qihoo 360 Technology Co. Ltd.