(Marketwire Via Acquire Media NewsEdge) COLUMBIA, MD, September 8 / MARKET WIRE/ --

Introduced late last year, CollectiveX-powered
Groupsites have already transformed the Web experience for nearly 20,000
groups. Today, as exhibitors at the TechCrunch50 conference in San
Francisco, CA, CollectiveX further delivers on the promise and power of
social collaboration and networking, unveiling a significant Groupsites
release that includes innovative, drag-and-drop content modules, a
redesigned user-interface, group blogging and more.

Blogs, social networks, wikis and other technologies have transformed the
Web and how people use it. However, although powerful, these innovations
don't adequately empower people to make things happen collectively.
Groupsites address this need, giving individuals access to a new kind of
website that empowers people to easily come together and communicate, share
and network within companies, organizations, communities and families.

Groupsites are a social collaboration and networking tool built on a
platform developed by Columbia, MD, -based CollectiveX, the brainchild of
CEO, founder and serial entrepreneur, Clarence Wooten, Jr., who in 1999
introduced ImageCafe.com. ImageCafe was the online superstore that
pioneered the concept of ready-made, customizable, professional quality
websites for small businesses. Herndon, VA, -based Network Solutions, Inc.
acquired ImageCafe.com just seven short months after it launched.

Wooten sees the future of the website, and he's coined it, the "Groupsite."

"Groupsites embody the Web's evolution into a social-collaborative medium;
they are websites for groups, bringing together the most useful features of
traditional websites, discussion forums, listservs, blogs, collaboration
software and social networks," explains Wooten. He further expresses, "By
combining the most useful features of many new Web innovations, Groupsites
transform the social networking Web experience to more results-oriented
'social collaboration' for professional and social groups of all types and
sizes."

Wooten is not alone in identifying the need to further the application of
social networking technologies for the purpose of social collaboration. In
2007, Gartner Group analysts for the first time published their indication
of a single market for social and collaborative tools: the "Magic Quadrant
for Team Collaboration and Social Software." Experts advocate that IT
groups of companies and organizations should be finding ways to deploy Web
2.0 technologies, not block them. And, Forrester Research reports that
enterprises are taking collaborative networking tools more seriously.

A hosted, easy-to-implement and "free-mium" priced software as a service,
Groupsites allow individuals and organizations to create social or
professional "collaboration communities" quickly and easily; with privacy
and branding control; and with little or no financial investment. Unlike
social sites that focus on the individual, Groupsites are group-centric and
empower people to make things happen collectively. Groupsites are
customizable, can be used in a variety of ways and are very intuitive.
Anyone can create one in minutes.

In addition to the thousands of individuals who have created Groupsites for
a variety of social and professional purposes, organizations including
Accenture, the Nature Conservancy, Fannie Mae, Paychex, the American
Bankers Association, the Jacksonville Jaguars, and many others have created
Groupsites as intranets, alumni networks, company workgroups and member
communities.

"The Web has evolved to become more social. We believe websites should,
too. Groupsites are for the social Web," stated Wooten.

"We can tell you that people who seek to come together and make things
happen are able to do so with Groupsites, but user-experience can't be

explained. The most important thing we can do is make it easy for anyone to
create a Groupsite. Everyone should have access to the power of social
collaboration," concluded Wooten.

About TechCrunch50. Founded in 2007 by leading technology blog TechCrunch
and entrepreneur Jason Calacanis, the TechCrunch50 conference provides a
platform for early-stage, and frequently unfunded, companies to launch for
the first time to the technology industry's most influential venture
capitalists, corporations, angel investors, fellow entrepreneurs and the
international media. Companies are selected to participate exclusively on
merit. TechCrunch50 is supported by corporate sponsors Google, Microsoft,
MySpace, Salesforce, MSN Money, Symantec, Thomson Reuters and Yahoo!, as
well as venture capital firms including Sequoia Capital, Mayfield Fund,
Clearstone Venture Partners, Charles River Ventures, Founders Fund, Perkins
Coie and Fenwick & West.

About CollectiveX. Founded in January 2006 by serial technology
entrepreneur, Clarence Wooten, Jr., CollectiveX (www.collectivex.com) is a
hosted platform for the creation of Groupsites. Introduced in August 2007,
Groupsites embody the Web's evolution into a social-collaborative medium by
combining the most useful features of traditional websites, discussion
forums, listservs, blogs, collaboration software and social networks.
Groupsites allow individuals, organizations and companies to create
"collaboration communities" in minutes, where group members can
communicate, share and network for the purpose of making things happen.

Groupsites can be configured to be completely private, semi-private or
public enabling anyone to join. Today, nearly 20,000 Groupsites are in use
by professional and social groups of all types and sizes within companies,
communities, non-profits, families and more.

For more information or to create your own Groupsite, visit
www.collectivex.com. To locate and join public Groupsites that interest
you, visit www.groupsites.com -- the official online directory of public
Groupsites.

For a video tour of Groupsites, visit: http://www.vimeo.com/1678428.

CollectiveX is a registered trademark of CollectiveX. Inc. All other
brands, names, trademarks and registered trademarks are the property of
their respective owners.

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Contact:
Diana Giglio
CollectiveX
Phone: (443) 535-7032
Email: Email Contactwww.collectivex.comwww.groupsites.com

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