To: Panita who wrote (26598 ) 12/11/1998 2:35:00 PM From: Straight Up Read Replies (1) | Respond to of 119973
ALERT FAXX FaxSav Expands Global Internet Fax Market Through Partnership With Internet Magic Hundreds of International Markets Get Internet Fax Access For First Time EDISON, N.J.--(BUSINESS WIRE)--Dec. 11, 1998-- FaxSav (NASDAQ NM: FAXX - news) announced today its latest channel for adding Internet Fax capabilities to any fax machine in the world, through Internet Magic's Legacy 2000(tm) IP-enabled fax device. By transparently accessing FaxSav's Global Internet Fax Network through the small and affordable Legacy 2000(tm), millions of users will have the potential to access Internet Fax for the first time. As forecasted by Dataquest/Gartner Group, Internet Fax is an emerging industry estimated to grow from 44 million pages in 1997 to 5.6 billion pages by 2001. With Legacy 2000(tm), fax machine users simply dial a fax number as usual. First, the device converts a fax into an e-mail. It then dials the customer's ISP to send it over the Internet to the destination fax number (number@faxsav.com), for delivery to any fax machine in the world. FaxSav e-mails a delivery confirmation that is printed on the user's fax machine through the Legacy device. ''This development allows my company to provide customers with fax machine to fax machine service for the first time--without making one single change,'' claimed Mitesh Turakhia, of STARWEB, FaxSav's partner in India. ''Without having to purchase and deploy an IP node for this region--I can quickly and easily set up the Legacy 2000(tm) for my client, so they can fax over the Internet almost immediately.'' ''Integrating with FaxSav means that millions more customers will have the tools to change the way they communicate by sending faxes to destinations beyond their Intranets at significant savings and with confirmed delivery,'' offered Dr. Dae Surh, President of Internet Magic. ''We chose FaxSav for its robust and reliable Internet Fax network and because they are innovators of this technology.'' ''This agreement with Internet Magic greatly expands our international market offerings and will increase the traffic carried over the FaxSav Network,'' said George Frylinck, Vice President of International Business Development for FaxSav. ''Our 300 global partners will offer this fax machine-based solution to their customers, regardless of whether FaxSav node has deployed an IP node in their region.'' Internet Magic Inc., based in San Diego, is dedicated to providing enterprise-wide fax automation products, as well as Internet-based solutions for companies needing to enhance their information delivery systems. Partnering with worldwide leaders in fax technology, Internet Magic provides Internet fax solutions to a variety of industries including government, healthcare, financial, transportation, manufacturing, distribution and others. For more information, visit www.internetmagic.com. FaxSav, the New Jersey-based global leader in Internet Fax, provides enterprise-wide fax solutions to business customers in 150 countries worldwide, helping them fax easily, efficiently and economically. For more information, contact FaxSav at 800-828-7115 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. Contact: