| SEATTLE, July 26, 1999 -
Punch Networks Corp. Punch Networks Corporation, a Seattle, Wash.-based provider of Web-based file storage and sharing services, today announced that Affiliation Networks, Inc. ("Affiliation"), has joined its Hosting Partner Program. Affiliation, the leading online media company for the Internet generation, consists of content-driven Web networks and their independent partners who contribute up-to-date, unique content focused on specific areas of interest. Under the terms of the agreement, Affiliation will offer a customized version of Punch Networks' Web-based file-sharing service (WebGroups), on its student-focused network, www.powerstudents.com.
With PowerStudents.com WebGroups, users can quickly and easily create a private and secure place on the Web to store their files using just their browser. Files are stored and encrypted on a password-protected server and always available. WebGroups is ideal for students who work from multiple machines, such as at the school library and from a machine in their home or dorm. If students wish to share a file with others they can simply give them access to their PowerStudents.com WebGroup, and the other user(s) can download the file to their machine as well as publish their own files to the WebGroup.
PowerStudents.com is the only online network to provide vital information on academics, admissions, and student life to high school, college, graduate, and career-seeking students. Updated daily, PowerStudents.com combines original content with the resources of more than 20 leading independent student-oriented Web sites. Helpful features range from comprehensive scholarship and job databases and searchable college profiles to the "private" diaries of college students nationwide, thought-provoking forums and nitty-gritty advice columns.
"PowerStudents.com is a proven leader in helping students reach their goals through the latest technology and information," said Punch Networks' President and CEO. "We are proud to join forces with them. Through our partnership we will reach out to the education market and introduce thousands of students to the benefits of online file storage and sharing."
"PowerStudents.com is committed to continually searching for and providing the tools needed for today's students to succeed. We think the ability to have anytime, anywhere access to files is important to students of any age," said Affiliation President and CEO, Mark Jung. "More and more students are coming together in teams to collaborate on papers and research projects. WebGroups is a perfect tool to help them create and share their work."
"I'm looking forward to using WebGroups to share files with classmates in my program," said Jans Iverson, a student at the University of Washington's Graduate School of Business Administration. "We had been using email to collaborate on our papers, but this got very confusing, especially with all the versions. WebGroups will make it much easier for us to get our papers and projects done."
The Punch Networks Hosting Partner Program offers two different options to partners seeking to offer its Web-based file access, sharing 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. The program includes other prominent Web sites including Excite.com and Intellifact.com.
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 September), 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 PowerStudents.com
PowerStudents.com is the number one destination for anyone who wants to maximize their student experience. The network provides vital information and enriching communities to high school, college, grad school, and career-seeking students. Updated daily, PowerStudents.com combines original content with an unprecedented alliance of over 20 leading independent student-oriented Web sites. On the network, students can peek into the private diaries of other students, learn admissions and financial aid strategies, search databases of scholarships, college profiles and job listings, find entertainment news and dating tips, and share their thoughts on today's headlines.
Affiliation Networks, Inc. Contact :
Monika Madrid (415) 508-2067
mmadrid@affiliation.com
www.affiliation.com
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