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To: Jetta who wrote (17481)12/21/1999 10:24:00 AM
From: GC  Respond to of 150070
 
news on JFAX

Tuesday December 21, 8:01 am Eastern Time
Company Press Release
JFAX.COM Australian Licensee Goes Public
LOS ANGELES and SYDNEY, Australia--(BUSINESS WIRE)--Dec. 21, 1999--JFAX.COM (Nasdaq:JFAX - news) announced today that the company's exclusive Australian licensee E.COM, which does business as JFAX Australia, has gone public on the Australian stock exchange.

The Australian company raised Aus $7 million in the offering. The proceeds will be used to expand and market JFAX services, as well as to expand staff and sign Internet and telecom alliances.

E.COM's initial Australian alliances include nineMSN, MYOB, LookSmart Australia and ZDNet Australia.

E.COM provides local JFAX phone numbers and voice-mail as well as fax delivery via email in Sydney and Melbourne.

In addition, JFAX.COM is a stockholder in E.COM.

About JFAX.COM

JFAX.COM is an Internet-based messaging and communications service provider to individuals and businesses throughout the world. JFAX.COM's services enable the user's email box to function as a single repository for all email, fax and voice mail and permit convenient email and voice mail retrieval through email or by phone. JFAX.COM is a registered trademark of JFAX.COM, Inc. Comprehensive information on JFAX.COM and its services is available at jfax.com or by calling 1.888.GET.JFAX.

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Contact:

Rogers & Cowan
Krys Card/Joey Lee, 310/201-8838/8871
kcard/jlee@shandwick.com