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WORKFIRE.COM, INC. ANNOUNCES DEVELOPMENT BREAK THROUGH Scottsdale, AZ – July 28, 1999 – Workfire.com, Inc. (OTC BB: WKFR) announced today that development of the Genetic Caching technology is proceeding very quickly and internal testing of an online real world demo has begun. “This alpha version of the Genetic Caching technology is exceeding our expectations,” says Tom Taylor, President. “We are very excited about the performance improvements that we are seeing from these early versions of the software.” The online demo will be used to demonstrate the benefits of Genetic Caching to the media and investment communities over the next couple of months. Access to the demonstration will be restricted during this time to analysts and accredited journalists due to the sensitive nature of the technology involved. The demo will be made available to the general public in the coming months. Any parties interested in seeing the demonstration when it is available should contact Ben Nyland at either bnyland@workfire.com or (250) 717-8966 to get the demo URL, user ID and password. Workfire.com, Inc. develops proprietary technology called Genetic Caching that improves Internet access speed and optimizes Internet bandwidth utilization. Genetic Caching is a software technology that works with existing hardware and communications systems. The software-only nature of the technology combined with multiple platform support will enable rapid distribution and adoption. Workfire.com, Inc.'s software is designed for all Windows and Linux derivatives. The software will be distributed via download. Workfire.com, Inc. is a participant in the caching market along with other companies such as Inktomi Corporation (NASDAQ: INKT), Network Appliance, Inc. (NASDAQ: NTAP) and Cacheflow Inc. Information on Workfire.com, Inc. and its products is available at www.workfire.com. Statements regarding financial matters in this press release other than historical facts are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. Contact: M&A West, Incorporated Scott Kelly, President & CEO 650/588-2678 www.mawest.com | ||||||||||||
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