eShare Technologies, Inc. - Adding the Power of People


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For eShare Technologies, Inc.:
Michelle Rowley
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eShare Technologies Licenses Next Generation Chat Server to GeoCities for Community-building and Event Hosting Services

Largest Community on the World Wide Web Becomes Latest Company to Adopt eShare's Acclaimed Technology, eShare Expressions

HAUPPAUGE, NY (March 13, 1997) — eShare Technologies, Inc., the pioneer of next-generation chat software technology, today announced that GeoCities (www.geocities.com) has selected eShare Expressions as its preferred community-building communications tool for its site, the seventh most trafficked on the Web. GeoCities, who will deploy the easy-to-use eShare Expressions for both real-time live events and bulletin board discussions, is the second company in as many days to select eShare Expressions as its chat tool of choice.

We researched the market and found eShare Expressions to be the most visionary technology available in this area said Erika Kerekes, Senior Editor at GeoCities. eShare's advanced, yet easy-to-install chat software will allow us to extend the quality of personal interaction our members want and expect.

Kerekes added, This strategic partnership combines eShare's leading-edge chat software and our large, active pool of community participants to create a big win for both companies.

The recently released eShare Expressions has already been adopted by Lotus Development Corporation, Sony Music, and OnLive Technologies Inc., and acknowledged by industry commentators as a major step in developing chat as a more effective inclusive technology.

eShare has created a seamless graphical interface that will be compelling to both system administrators and online consumers, said Jupiter Communications Peter Dushkin. eShare's client seamlessly integrates with the browser, avoiding lengthy client downloads and firewall complications (common issues with iChat and IRC).

Earlier this week, OnLive! Technologies announced it is licensing eShare Expressions for incorporation into the new OnLive! text server. eShare Expressions has also been recently adopted by Lotus Development Corporation and Sony Music. Lotus deployed Expressions on its innovative Lotusphere Web site (www.lotusphere.com) to encourage and facilitate knowledge exchange and relationship building, and Sony has incorporated Expressions for its popular Live By Request telecast, to enliven audience participation via the Web (www.livebyrequest.com).

Online communities and Web sites are starting to understand the advertising potential that chat offers and the technology required to fulfill this promise, said James Tito, president and CEO of eShare Technologies, Inc. By the year 2000, chat is expected to occupy 7.9 billion hours of online use, generating over $1 billion in advertising revenue.

According to analysts and commentators, the average Internet chatter spends on average 30-plus minutes more at chat or chat-enabled sites than they do at Web pages. The special interest nature of many chat-enabled sites makes it easier for advertisers to target consumers. eShare Expressions offers ticker-tape advertising as well as rotating banner ads.

eShare Expressions is the first powerful, easy-to-use and cost-effective chat solution of its kind on the market, empowering corporations, organizations and individuals to easily create highly interactive, inclusive worlds that promote productivity, participation and partnership on the World Wide Web.

Unlike competing products, eShare Expressions can be installed in minutes -- even by non-technical users -- and its chat client requires no client downloads or plug-ins. Also, unlike competing products, the Java-based Expressions chat client operates behind firewalls -- a critical feature for corporate acceptance, given that firewalls protect nearly 50% of Internet users. The competitively priced base solution allows simultaneous communication for up to 50 chatters with the possibility of expansion to an unlimited number of people. The eShare Expressions chat client will also be available in HTML and ActiveX versions.

Based in Santa Monica, CA, with advertising sales offices in New York and San Francisco, GeoCities (www.geocities.com) recently closed on a $9 million venture capital financing from SOFTBANK Holdings Inc., Chase Capital Partners, InnoCal, CMG @Ventures and Flatiron Partners. In addition, GeoCities has forged strategic relationships with leading Internet-related companies including, BackWeb, Reuters New Media, Who Where?, Vicinity Corp. and Black Sun Interactive.

eShare Technologies, Inc., is the only company focused on creating powerful Web-based interpersonal communications software that can be readily and easily deployed by corporations, organizations, and individuals seeking to create highly interactive inclusive worlds that promote productivity, participation, and partnership. With early-stage financing from SOFTBANK Ventures, Inc., Chase Capital Partners and Flatiron Partners, the Hauppauge, NY, software developer has launched Expressions, a breakthrough product that is redefining the chat market. For more information, please contact eShare at (516) 864-4700 or at www.eshare.com.

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