Intellifact.com Business Research Portal serves as the premier online starting point and gathering place for business people, academics, information professionals, investors, and other business researchers around the world. The new service, called Intellifact WebGroups, uses patented Punch Networks technology to allow Intellifact.com users to access, share and automatically update their files from anywhere, anytime, using just their Web browser.

"We're committed to continually identifying and providing the tools business users need to be effective," said Intellifact.com President Patrick McClear. "Clearly the ability to share and update information with colleagues and business partners is key. Through WebGroups, Punch Networks has made it easy for people to manage and share their files with others. We believe the WebGroups service will be a welcome, and popular, addition to our site."

"Intellifact.com definitely understands the needs of the business user," Punch Networks' President and CEO Dan Campi. "It's a great fit for us, as business users are squarely in our target market. Our partnership with Intellifact.com will greatly help us gain exposure and increase the number of people using the WebGroups service."

A WebGroup is a private page on a secure Web site in which collections of users can securely store files they wish to share using just their browser. Any time a user changes a document and uploads it to the WebGroup, the system notifies the other members of that WebGroup via email that the document has changed. The other members can then come to the site and download the new version of the file directly to their machine, automatically updating the existing version.

Importantly, Intellifact WebGroups uploads and downloads only the information that changes between versions of a document, so updates occur quickly. The site is password-protected and files are encrypted on the server to ensure security. Because the service is Web-based, users can access their files from any Internet-enabled machine. The Punch Networks Hosting Partner Program offers two different options to partners seeking to offer its Web-based file access, s haring and updating service to their customers. In the first option, partners can offer a version of WebGroups (customized to reflect their branding and identity), from their site with Punch Networks providing the back-end hosting service and support. In the second option, partners can purchase the WebGroups server software, customize the interface to reflect their branding, and install and maintain it on their systems.

About Punch Networks Corporation
Punch Networks develops software products and technologies that help people effectively manage changing digital information. The company's first service/product, Punch WebGroups, lets anyone access, share and automatically update their files using just their Web browser. The Company offers WebGroups as a hosted service to business partners, and also sells an Enterprise version of Punch WebGroups, (due in August), through a network of Value Added Resellers.

For more information, visit the Punch Networks website at www.punchnetworks.com, email info@punchnetworks.com, or call (206) 343-7661.

About Intellifact.com
Intellifact.com is the Internet's Number 1 business research and information portal, serving as the premier online starting point and gathering place for business people, investors, information professionals, academics, and other business researchers around the world. Intellifact.com is owned and operated by Intellifact.com, Inc. Intellifact.com, Inc., based in Austin, Texas, is a privately held provider of intelligent online information solutions and educational tools for businesses, learning institutions and individuals.