FaxSav Points to Proven Success of Business-to-Business Internet Faxing At Las Vegas Show
Global Leader in Internet Fax Draws Distinctions Between Paid and Free Messaging Business Models at Breakout Session
LAS VEGAS--(BUSINESS WIRE)--April 14, 1999-- FaxSav (NASDAQ NM: FAXX - news), the global leader in Internet Fax solutions, outlined its strategy for continued growth and leadership in this market at the Spring '99 Voice on the Net(tm) Conference in Las Vegas yesterday. The annual conference on Internet voice and fax communications runs until April 16.
Bill Fallon, vice president of marketing for FaxSav, emphasized that business customers continue to drive the fax market worldwide and outlined the company's strategy for increasing its market share by sending high volumes of high-value documents. Citing FaxSav's recently announced first-ever Internet-Fax offering for Microsoft Exchange customers, as well as tens of thousands of web transactions its innovative web faxing service handles daily, Fallon concluded that the true value of Internet Fax lies in its ability to fax-enable the widest range of Internet-connected systems -- which lie at the heart of global business today. Regardless of the systems involved, both U.S. and international business customers require flexible, reliable, high-capacity, inbound and outbound solutions, with the highest level of security, to deliver their business-critical documents.
By contrast, Internet Fax and messaging for consumers is less critical and time-sensitive, requires less than the highest-level of security, and is valued more for price.
''More than 100,000 business customers around the world trust us every business day to deliver high volumes of business-critical documents, such as invoices, orders, contracts, and paid-for content,'' explained Bill Fallon. ''FaxSav's market leadership, coupled with our international IP network and existing line of fax-to-fax, PC-to-fax and Web-to-fax services, position the company for continuing growth in the Internet Fax and messaging market. In addition, the rapid growth of our international business, fueled by over 250 distributors in 70 countries, is now driving 30 percent of company revenues. Significant partnerships, including that with Dacom, Korea largest telecommunications company, demonstrates the significant distribution advantage FaxSav has in fax-intensive regions of the world - particularly Asia.''
FaxSav, who was recently confirmed by IDC as the global leader in Internet Fax, provides Internet-based fax solutions to customers in 150 countries worldwide, helping them fax more easily, efficiently, and economically. For more information call 800/828-7115 x2330, 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:
FaxSav
Frances Ianacone
800-828-7115 x2330
ianacone@faxsav.com
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