FAXX - will close gap on EFAX. Better product and great partners.
Expect strong day for FAXX tomorrow. News out today.
(BSNS WIRE) FaxSav Points to Proven Success of Business-to-Business Inte
FaxSav Points to Proven Success of Business-to-Business Internet Faxing At Las
Vegas Show
Business Editors, Internet/On-Line Writers
LAS VEGAS--(BUSINESS WIRE)--April 14, 1999--
Global Leader in Internet Fax Draws Distinctions
Between Paid and Free
Messaging Business Models at Breakout Session
FaxSav (NASDAQ NM: FAXX), the global leader in Internet Fax
solutions, outlined its strategy for continued growth and leadership
in this market at the Spring '99 Voice on the Net(tm) Conference in
Las Vegas yesterday. The annual conference on Internet voice and fax
communications runs until April 16.
Bill Fallon, vice president of marketing for FaxSav, emphasized
that business customers continue to drive the fax market worldwide and
outlined the company's strategy for increasing its market share by
sending high volumes of high-value documents. Citing FaxSav's recently
announced first-ever Internet-Fax offering for Microsoft Exchange
customers, as well as tens of thousands of web transactions its
innovative web faxing service handles daily, Fallon concluded that the
true value of Internet Fax lies in its ability to fax-enable the
widest range of Internet-connected systems -- which lie at the heart
of global business today. Regardless of the systems involved, both
U.S. and international business customers require flexible, reliable,
high-capacity, inbound and outbound solutions, with the highest level
of security, to deliver their business-critical documents.
By contrast, Internet Fax and messaging for consumers is less
critical and time-sensitive, requires less than the highest-level of
security, and is valued more for price.
"More than 100,000 business customers around the world trust us
every business day to deliver high volumes of business-critical
documents, such as invoices, orders, contracts, and paid-for content,"
explained Bill Fallon. "FaxSav's market leadership, coupled with our
international IP network and existing line of fax-to-fax, PC-to-fax
and Web-to-fax services, position the company for continuing growth in
the Internet Fax and messaging market. In addition, the rapid growth
of our international business, fueled by over 250 distributors in 70
countries, is now driving 30 percent of company revenues. Significant
partnerships, including that with Dacom, Korea largest
telecommunications company, demonstrates the significant distribution
advantage FaxSav has in fax-intensive regions of the world -
particularly Asia."
FaxSav, who was recently confirmed by IDC as the global leader in
Internet Fax, provides Internet-based fax solutions to customers in
150 countries worldwide, helping them fax more easily, efficiently,
and economically. For more information call 800/828-7115 x2330, or
visit www.faxsav.com
Certain statements contained in this press release may be deemed
forward-looking statements by FaxSav. Such statements, and other
matters addressed in this press release, involve a number of risks and
uncertainties including price competition, technological advances,
decreased demand or diversion of fax to other methods of
telecommunication. Among the other factors that could cause actual
results to differ materially from these statements and matters, are
the risks and other factors detailed, from time to time, in FaxSav's
reports with the Securities and Exchange Commission, including, but
not limited to, the most recent Forms 10-K and 10-Q.
--30--jc/ny*
CONTACT: FaxSav
Frances Ianacone
800-828-7115 x2330
ianacone@faxsav.com
KEYWORD: NEVADA NEW JERSEY
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET COMED TRADESHOW
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