| PALM SPRINGS, Calif., January 24, 2001 -
Punch Networks Corp., a pioneer in Web-based file sharing and collaboration services, will demonstrate its new Instant Folders product on-stage at 4:09pm today at Upside Events' Showcase 2001 Conference. Punch joins a select group of the 100+ extremely innovative companies that vied for the limited number of stage presentation opportunities. The conference is being held at the La Quinta Resort & Club in La Quinta, Calif., near Palm Springs.
Punch will be demonstrating Instant Folders, a first of its kind application that enables Windows folders to automatically and securely send, receive and synchronize files with other Web-connected machines. A Cnet featured download, recipient of a 5-star rating from ZD Downloads and a co-working.com "Cool Tool of the Day," Instant Folders has received critical acclaim since its launch in late October 2000. "We're thrilled to be one of the 30 companies selected to demonstrate a product on-stage during this year's Showcase," said Punch Networks' president and CEO. Just to be invited to exhibit at the conference is an honor, but to be selected to present on stage is a real testament to our innovative technology."
About Punch Networks Corporation
David Campbell founded Punch Networks in 1995. The Seattle, Wash. based Punch Networks develops software and services that help people effectively manage changing digital information. The company's flagship product, Punch WebGroups, offers users robust file collaboration features via a standard Web browser. Punch Networks offers the Punch WebGroups service from its own site as well as co-branded versions of the service from partner sites. Punch also offers the service direct to companies as a hosted service or as a product for intranet and extranet use. Instant Folders, Punch's desktop-to-desktop file synchronization application, is based on the same core patented technology as Punch WebGroups.
For more information, visit the Punch Networks website at www.punchnetworks.com, email info@punchnetworks.com, or call (206) 343-7661.
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