eFax.com and eGroups.com Sign Deal to Enhance Group Communication Services With Fax Capabilities
eFax.com to Provide 5 Million eGroups Users With Free Fax-to-Email Service
MENLO PARK, Calif.--(BUSINESS WIRE)--May 24, 1999--eFax.com (Nasdaq:EFAX - news), the leading Internet provider of fax-to-email services, today announced that it has entered into an agreement with eGroups.com, allowing over 5 million eGroups' users to access eFax.com's industry-leading free fax-to-email service.
eGroups.com is the leading group communication service on the Internet, supporting over 200,000 affinity eGroups. eFax.com has signed over 600,000 users since launching in February, 1999.
''Along with their email list, group calendar, shared document vault, and shared database, each eGroup will have access to their own fax number allowing physical documents to enter virtual space,'' said Ramu Yalamanchi, manager of business development at eGroups.com. ''eFax.com has one of the most elegant solutions that we've seen, and we are thrilled to include their fax-to-email application in our offering.''
''eGroups.com has a great business model and is growing at an extremely rapid pace,'' said Ron Brown, vice president of marketing at eFax.com. ''This new partnership further validates our distribution and technology lead in bringing fax to the Internet. eFax.com now has the largest user base, the leading brand, and an infrastructure that will be capable of supporting millions of subscribers.
''We intend to be the Internet fax partner of choice. We are very pleased to be integrating our fax service into the eGroups network.''
The free eFax fax-to-email service will be available to all eGroups.com users in June.
About eFax.com
eFax.com 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 its eFax service, a free fax-to-email consumer service, and HotSend(TM), free software to send documents as email attachments. The company also sells software and hardware products, and is headquartered in Menlo Park, California. For more information, call 877/EFAXCOM, 650/324-0600, fax 650/326-6003, or visit www.eFax.com.
About eGroups.com
eGroups.com was founded in June 1998 with a mission to be the group application platform for the 21st century. eGroups.com now offers the most comprehensive group communication service available on the Internet, unifying access to email list hosting with a Web-based bulletin board archive, calendars, private chat rooms, document sharing, and database storage.
Over 5 million individuals participate in more than 200,000 eGroups, and 20,000 new users join an eGroup everyday. Headquartered in San Francisco, the company is privately held. eGroups.com is funded by premier venture capitalists including Sequoia Capital and Atlas Venture. For more information on eGroups.com, and to start or join an eGroup, please visit www.egroups.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; protection of the Company's intellectual property rights and risk of infringement claims against the Company's intellectual property; 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 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-3, and Form 10-Q.
Note to Editors: eGroups.com and the eGroups logo are the properties of eGroups, Inc. All other products and companies named herein are trademarks of their respective holders.
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Contact:
CONTACTS: eFax.com
Janice V. Kapner, 650/688-6841
or
Neale-May & Partners
Jane D'Arcy, 650/328-5555 x 116
Amy Beth Arnold, 650/328-5555 x 113
or
eGroups.com
Cindi Bennett, 415/371-7946
or
Blanc & Otus,
Amy Royer, 650/404-0900 x 343
Sheri Dupart, 650/404-0900 x 341
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