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