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

To: Steve Turner who wrote (1072)	5/6/1999 7:35:00 PM
From: neverenough	Respond to of 1197

I received this email alert this morning, got in at 20 5/16. NEWS FLASH - EFAX A Press Release from Business Wire - See our comments at the end of this newswire. (BUSINESS WIRE) -- May 6, 1999 -- eFax.com, Inc. (EFAX), the Internet's leading provider of free fax-to-email services, today announced that it has signed over 500,000 subscribers in less than three months. The eFax service was launched February 8, 1999. "By capturing 500,000 subscribers in its first three months, eFax.com is one of the fastest growing Internet service companies I've seen," said Charlie Finnie, senior Internet analyst with Volpe Brown Whelan & Company. "With this growth, eFax.com is setting the standard for Web-based Internet fax services." eFax.com's early success has positioned the company as a front-runner in the race to build a new Internet community. Along with member sign-ups, fax page transmissions are also growing rapidly. "eFax.com has swiftly gained mindshare and set a new standard for what an Internet based fax-to-email service can and should be," said Rob Pollock, president and COO of eFax.com. "We are thrilled by eFax.com's rapid adoption and usage. Clearly, there was a market need and our service fills it. We look forward to continued strong growth of our subscriber base in coming months." eFax.com offers a free number to individuals so they can receive private faxes to their own email account. eFax.com has quickly caught on with thousands of 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. 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(TM), 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 877-EFAXCOM or 650-324-0600, fax 650-326-6003, or visit www.eFax.com. CONTACTS: eFax.com Janice V. Kapner, 650/688-6841 or Neale-May & Partners Jane D'Arcy, 650/328-5555 ext. 116 Amy Beth Arnold, 650/328-5555 ext. 113 COMMENTS: We have been tracking their numbers and this announcement has taken us by surprise. They have added 200,000 users in the last three and a half weeks and notice that their growth is accelerating. We can see them at one million in two to three months. We are reaffirming our buy rating on this stock. It is currently trading at $20.