Punch WebGroups helps individuals and businesses improve communication and collaboration throughout a company, whether it's down the hall, across the country or around the world. Punch's patented technology allows users the ability to instantly create a secure place on the Web for group file storage and sharing, without the need for special software or involvement from technical professionals. In addition to offering secure, always-available Web file storage Punch WebGroups offers rich document management features, like version tracking, audit trails, access rights controls, and check-in/out functionality.

IBM Small Business Center helps customers take advantage of the breadth of IBM and associated technology by keeping them linked and connected to the information and products they need for a productive and easy computing experience.

"This agreement can put us in front of an incredibly well-qualified audience of small business and home office users," said Punch Networks' President and Chief Operating Officer. "Applications like ours that offer robust file storage and management features have typically been out of reach, both technically and financially, for small business and home office users. Through this agreement these customers can now experience enterprise-level functionality at an affordable price."

About Punch Networks Corporation
Based in Seattle, Wash., 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. Instant Folders, Punch's second product, enables Windows folders to send, receive and synchronize files with other machines. Punch Networks licenses co-branded versions of both services to eBusinesses and licenses its server technology to OEMs, software developers and other third parties.

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