Wednesday August 4, 10:21 AM Eastern time
Company Press Release
eFax.com''s Free Fax-to-Email Service Named
''Fax Product of the Year''; World''s First Free
Internet Fax Service Wins Top Industry Award
at FaxDirections/Messaging World ''99 Show
MENLO PARK, Calif.--(BUSINESS WIRE)--Aug. 4, 1999--eFax.com
(Nasdaq:EFAX), the leading Internet provider of free fax-to-email services, today
announced that its flagship Internet service, eFax Free, won the "Fax Product of
the Year" award from Davidson Consulting.
The award was announced yesterday at FaxDirections/Messaging World '99, the
premier vendor conference on the future of unified messaging, in San Diego,
Calif.
"eFax.com won this year's award because it created a huge change in how fax is
handled," said Peter Davidson, president of Davidson Consulting, a respected
global consulting, publishing and market research firm for the fax and messaging
industries.
"The service took the fax mailbox industry and grew it by 2000 percent in six
months," he said. "In addition, eFax.com has jumpstarted interest in unified
messaging around the world."
As one of the fastest growing and recognized on-line properties, eFax.com
(www.efax.com) brings fax technology to the Internet -- and meets a universal
need: how to get paper documents into an e-mail box -- so digital documents can
easily be managed.
Since its launch in February, eFax.com has rapidly established itself as the
dominant consumer fax offering on the Internet. eFax.com now supports more
than 1 million fax pages per week.
"Winning this award from a recognized fax technology expert is a terrific
endorsement of our eFax Free service and our clear leadership position," said
Rudy Prince, CEO of eFax.com. "We're especially proud to receive this honor at
the fax industry's top vendor event."
Prince was a featured panelist at the "Fax for Free" forum and eFax.com's Josh
Mailman participated in a forum titled "Internet Fax and Voice." The three-day
conference was held from August 1-3 at Loews Coronado Bay Resort in
Coronado, Calif.
About Davidson Consulting
Davidson Consulting, founded in 1981 by President Peter J. Davidson, is the
premier worldwide consulting, publishing and market research firm for the fax and
messaging industries.
Davidson Consulting, headquartered in California, provides market and
competitive analysis, newsletters, Web- and software-based information archives,
business, product and channel research, and consulting services about fax,
integrated messaging and IP Telephony.
About eFax.com
eFax.com is a leading provider of Internet messaging solutions. The company's
flagship product is its free fax-to-email service that has attracted more than
900,000 subscribers since its introduction in February 1999. By delivering faxes
via email, eFax.com is focused on merging the more than 100 million email users
with the more than 500 million fax users around the globe.
Founded in 1988, eFax.com has over a decade of experience in developing
technologies for sharing paper and digital documents via fax and email. In addition
to its Internet service, the company develops products and licenses its technology
to a number of major office equipment companies including Hewlett-Packard,
Konica and Okidata.
The company also bundles its software offerings -- HotSend, JetSuite and
PaperMaster -- with millions of scanner, CD-Writer, and multifunction product
shipments each year. The company is headquartered in Menlo Park, California.
For more information, call 877/EFAXCOM, 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 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.
Contact:
eFax.com
Janice V. Kapner, 650/688.6841
or
Neale-May & Partners
Jane D'Arcy, 650/328-5555, ext. 116
Bridgit Vivian, 650/328-5555, ext. 117 |
