HUNTINGTON BEACH, Calif., March 24 /PRNewswire-FirstCall/ -- Foldera(TM), Inc. (BULLETIN BOARD: FDRA) , the only free, open and easy-to-use web-based Organizer and Messaging/Collaboration service, announced today that the company has been featured on the TechWeb website. The article entitled "Foldera Preps to Launch Web-application Suite" announces the April 15, 2006 launch date for the Foldera service.
"We already have about 10,000 businesses requesting more than 1 million seats for the service," said Richard Lusk, founder and chief executive officer, in the article.
The article went on to say, "The business model will take Foldera head-on with more established players, such as Microsoft Corp. and IBM Corp..." CEO Richard Lusk stated, "We have spent five years working toward the goal of providing a preeminent solution for small businesses and individuals."
To read the full article, please visit: http://techweb.com/wire/showArticle.jhtml?articleID=183702419
About TechWeb
The TechWeb Network is a uniquely valuable resource for IT professionals. TechWeb.com offers the best of both worlds: A distinctive combination of top-notch original content and one-stop, contextual access to the resources of CMP's network of industry-leading technology publications. TechWeb.com adds its own IT reporting to the best-of-breed news and information from InformationWeek, InternetWeek, Network Computing, Network Magazine, Optimize Magazine, The Open Enterprise, and the Financial Technology Network, thus creating the complete online resource for technology managers.
About Foldera(TM), Inc.
Foldera(TM) is the free, secure and easy-to-use service that instantly organizes workflow. Foldera combines web-based email, instant messaging, a document manager, a task manager, a calendar, a contact manager and sharable folders into a unified productivity suite, available with a single login from any web browser. Foldera also has the unique ability to instantly sort and file your sent and incoming email, instant message dialogs, documents, tasks, and events into folders, on a project-by-project basis, chronologically and in real-time.
Foldera's proprietary technology differs from competing collaboration products in a number of important ways:
* Easier and faster to set-up and use
* Organizes activities, teams, and information automatically
* Enables participants to communicate specifically in the context
of each project and activity
* Archives everything instantly
* Notifies all participants of changes automatically and at the
same time
* Secures critical information instantly
* Accessible remotely from a single centralized location on the Web
* Enables participants to manage multiple projects, teams and
information
from one interface
* No hardware or software to buy or maintain
* Free to users
Foldera expects to generate revenues from the sale of premium services such as extra data storage and from embedded search and contextual advertising. Founded in 2001, Foldera is a publicly traded company (OTC Bulletin Board: FDRA - News), headquartered in Huntington Beach, California. For more information or to sign up for service, visit http://www.foldera.com/.
This press release includes a number of forward-looking statements that reflect our management's current views with respect to future events and financial performance. Forward-looking statements include, but are not limited to, statements that are not historical facts, and statements including forms of the words "intend," "believe," "will," "may," "could," "expect," "anticipate," "plan," "possible," and similar terms. Actual results could differ materially from the results implied by the forward looking statements due to a variety of factors, many of which are discussed throughout our SEC filings. Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date hereof. We undertake no obligation to publicly release any revisions to these forward-looking statements that may reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, unless required by law. Factors that could cause actual results to differ materially from those expressed in any forward-looking statement made by us include, but are not limited to:
* our ability to finance our activities and maintain our financial
liquidity;
* unexpected resistance to the adoption of our product offering;
* changes in consumer preferences or trends;
* competitive offerings; and,
* our ability to develop a strong brand identity.
Contact:
Bethany Tomich
Investor Relations Consultant
Equity Performance Group
W: 617-723-1465
