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Technology Stocks : EFAX.com - easy-to-use fax-to-email technology -- Ignore unavailable to you. Want to Upgrade?


To: SEAN007 who wrote (994)4/12/1999 9:40:00 AM
From: StockDung  Respond to of 1197
 
eFax.com Signs Up 300,000 Users in Nine Weeks; Company Strengthens Position as Leader in Free Fax-to-Email Services

MENLO PARK, Calif.--(BUSINESS WIRE)--April 12, 1999--eFax.com, the leader in free fax-to-email services, announced today it has signed up 300,000 users in just over two months. eFax.com (NASDAQ:EFAX), is the first company to provide such a free, unlimited Internet service, and is now setting a new standard with its easy-to-use, proprietary fax-to-email delivery technology.

"eFax.com's rapid growth to 300,000 in nine weeks of its initial roll-out is a terrific endorsement of our flagship service, and of our company's strategic shift to the Internet," said Robert Pollock, COO and president of eFax.com, Inc.

eFax.com offers a fax number to individuals so they can receive private faxes to their own email account. eFax.com has quickly caught on with mobile professionals, small business owners, and home office workers who are seeking faster, more efficient, and more reliable ways to overcome the frustrations and hassles of trying to receive paper documents remotely.

This free service unites the 500 million global fax users with 100 million email users. In effect, eFax.com turns every standard fax machine into an Internet on-ramp. For millions of on-the-go professionals, this is a revolution in their document communication--reducing paper clutter and making faxing accessible--anywhere at anytime.

"Clearly, there's a market clamoring for the document communication capabilities that eFax.com has to offer. Early adoption of our free service has been extremely satisfying," Pollock added. "We're eagerly anticipating the roll-out of our revenue-generating Premium Services."

eFax.com said that its upcoming Premium Services will offer subscribing customers a wide array of new, revenue-generating services to enhance eFax.com's basic, free, service. The company said that more information about its Premium Services will be made available in coming weeks.

About eFax.com

eFax.com, Inc. (formerly JetFax, Inc.) 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 HotSend, free software to read any email attachment, and eFax.com, a free fax-to-email consumer service. The company also sells software and hardware products, and is headquartered in Menlo Park, Calif. For more information, call 1-877-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-8, Form 10-Q, and Form S-1.

(c) 1999 eFax.com, Inc. All rights reserved.

CONTACT:

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

KEYWORD: CALIFORNIA




To: SEAN007 who wrote (994)4/12/1999 9:41:00 AM
From: majed al-adwani  Read Replies (1) | Respond to of 1197
 
this baby is going downnnnnnn now 27