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Technology Stocks : EFAX.com - easy-to-use fax-to-email technology

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To: TigerII who wrote (164)3/12/1999 2:29:00 PM
From: Nancy W  Read Replies (2) of 1197
 
News:

MENLO PARK, CALIF. (March 12) BUSINESS WIRE -March 12, 1999--eFax.com, Inc. (NASDAQ: EFAX), a leading Internet
document communication provider, announced today that on March 4, 1999, E-Fax Communications, Inc., a California corporation,
filed a complaint against eFax.com, Inc., a Delaware corporation (the "Company"), in the United States District Court, Northern
District of California. The complaint claims that the Company has engaged in federal trademark and service mark infringement and
unfair competition, and California trademark infringement, unfair competition and trademark dilution in connection with the Company's
use of the name "eFax.com." The Company is currently evaluating the complaint. However, the Company believes that the
allegations lack merit and intends to vigorously defend itself against the action. About eFax.com

eFax.com, Inc. (NASDAQ: EFAX) is a leading provider of Internet document communication solutions. eFax.com has a range of
products that allow users, regardless of technical expertise, to manage and distribute paper and digital documents easily. The
company's flagship products are HotSend, free software to ease sending email attachments, and eFax.com, a free fax-to-email
consumer service. The company also sells hardware products, and is headquartered in Menlo Park, Calif. For more information, call
650/324-0600, fax 650/326-6003, or visit www.eFax.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the
statements set forth above include forward-looking statements that involve risk and uncertainties. The Company wishes to caution
readers that a number of important factors could cause actual results to differ materially from those in the forward-looking
statements. Those factors include the following: the uncertain performance, user adoption, and financial results from products
integrating fax technology with the Internet; operating difficulties in successfully combining the businesses of the Company and
DocuMagix; the size and timing of and fluctuations in end user demand for the Company's branded products and OEM products
incorporating the Company's technology; the fact that the Company's markets are characterized by rapidly changing technology,
evolving industry standards and frequent introductions of new products and enhancements, and the Company's ability to respond to
such changes; difficulties which the Company may experience in completing the development of turnkey designs for OEM
customers, its color technology or other products; the fact that the multifunction and color markets targeted by the Company are at
an early stage of development; the highly competitive nature of the markets for the Company's products; the phase-out or early
termination of the Company's branded products or OEM products incorporating the Company's technology; the Company's ability to
attract and retain skilled personnel; the Company's reliance on third party suppliers for components used in the Company's
products; the quarterly variability in the Company's bookings and design wins; and the Company's reliance on a relatively small
number of OEM customers for a large percentage of its revenue. These and other factors which could cause actual results to differ
materially from those in the forward-looking statements are also discussed in the Company's filings with the Securities and
Exchange Commission, including its recent filings on Form 10-K, Form S-8, Form 10-Q, and Form S-1.

-0- ac/sf*

CONTACT: eFax.com
Allen K. Jones, 650/688-6809

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net
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