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ByteTaxi, Inc. Releases Inaugural Product - FolderShare 2.0; Innovative Peer-to-Peer Software Allows Users to Create Their Own Secure VPN AUSTIN, Texas --(Business Wire)-- July 27, 2004 -- ByteTaxi, Inc. announces the release of its inaugural software product -- FolderShare 2.0 (available for trial use at www.foldershare.com). The innovative software employs peer-to-peer (p2p) technology to help users create their own virtual private networks (VPNs), or libraries. FolderShare libraries allow individuals to share documents between their own PCs or with other invited members. The process of collaborating on files in a common space is an inherently social one -- making FolderShare a new kind of media not only for small business, but also for friends and families."This is a groundbreaking file management tool for small business and personal productivity," said Michael Merhej, founder of ByteTaxi, Inc. and former president of peer-to-peer innovator Audiogalaxy, Inc. "FolderShare's easy-to-use and small footprint software will allow businesses to have their own secure VPN for file collaboration in and out of the office. FolderShare reduces the need for expensive and cumbersome hardware-based VPN solutions and allows companies to securely share and distribute files with other businesses without resorting to confusing and limiting email file-attachments." The software has received nods from the IT trade industry including positive reviews in PC World, IT Week and Network World Fusion magazines. IT Week's Kelvyn Taylor raved about the beta version in his April 2004 column. "Lots of business uses immediately spring to mind," writes Taylor. "Apart from the obvious ones, such as synchronization of files between a worker's home and office systems, it could also be used as a patch distribution system, a collaborative workspace, or even a way of instantly publishing company information to a large number of people." The result of months of beta-testing, FolderShare 2.0 is designed to give people the ability to synchronize files efficiently with transparent security. By running FolderShare on two or more computers (such as an office computer and a home PC) both machines are easily kept in-sync. Changes to files made on one machine are automatically reflected on the others without having to manually upload or download the file from the original source -- making FolderShare a versatile remote access and real-time back-up tool. FolderShare 2.0 is available in two editions -- a consumer, or personal license and a business, or professional license. FolderShare Professional subscribers receive file delta support (only the changed part of the file gets transferred) and automatic file transfer compression (speeds up download times). For companies looking for an affordable, encrypted file synchronization solution and remote access tool, FolderShare is the perfect match. FolderShare licenses can be purchased directly by visiting www.foldershare.com or from an Authorized FolderShare Reseller. About ByteTaxi, Inc. and FolderShare ByteTaxi, Inc. is owner and operator of FolderShare located in downtown Austin, Texas. The newly formed company is dedicated to utilizing peer-to-peer technology to create solutions for home and business networking. Founded in 2002, FolderShare employs the latest advances in technology to offer an extremely cost-effective and powerful method for managing and transferring files between groups of people and computers. FolderShare is able to pass these cost savings to businesses and consumers by using personal and secure peer-to-peer technology to manage efficient file transfers. For information about ByteTaxi and FolderShare, and for a trial download of FolderShare 2.0, visit www.foldershare.com |
