Bamboo.com Launches Bamboo Personal Tours, and Enters Into Exclusive Agreement With Myfamily.com.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif.--(BUSINESS WIRE)--Sept. 30, 1999-- bamboo.com, Inc. (Nasdaq:BAMB), a leading producer of 360-degree virtual home tours, announced that it has entered into an exclusive agreement with MyFamily.com. The partnership will allow individuals to obtain a custom bamboo(TM) Personal Tour of their home to share with friends and family on a MyFamily.com Web site. This new service is perfect for consumers who have recently bought a home, are remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling or redecorating, and are excited about sharing their living environment through a bamboo Personal Tour on a fun, safe, and interactive service like MyFamily.com. The MyFamily.com site allows family members to communicate and share experiences with each other through free, private Web sites where families can hold live chats, create photo albums, maintain a calendar of family events and purchase gifts for loved ones loved ones npl → seres mpl queridos loved ones npl → proches mpl et amis chers loved ones love npl . The family areas are password-protected for privacy and security. By using bamboo(TM) Personal Tours, individuals will be able to show their friends and family interior and exterior 360-degree panoramic images of their homes on the MyFamily.com service. Bamboo.com provides full service production of bamboo Personal Tours, including filming, processing, and hosting of the images. Users will be able to place orders through bamboo.com's Web site, the MyFamily.com Web site, or bamboo.com's toll free number. In addition, each bamboo Personal Tour includes a bamboo(TM) E-Mail Virtual Tour, allowing individuals to send the tour of their homes to their loved ones via e-mail. "The bamboo Personal Tour is a natural extension of our core service," said Kevin McCurdy, founder of bamboo.com. "Our relationship with MyFamily.com allows consumers to directly order a virtual tour of their home to share with friends and family online. We are very excited to partner with MyFamily.com to bring bamboo virtual tours Virtual Tours The phrases panoramic tour and virtual tour are often used to describe a variety of video and photographic based media. The word panorama indicates an unbroken view, so essentially, a panorama in that respect could be either a series of photographs or panning video to a broader audience." "The virtual tours offered by bamboo.com are an excellent compliment to our services and enhance our dedication to connecting and strengthening families," said Curt Allen, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of MyFamily.com. "These new tools will offer our members another means of breaching the communication gap caused by distance and time." About MyFamily.com Founded in 1998, MyFamily.com is the leading service that offers families a rich communication experience for keeping in touch and strengthening the family bond. MyFamily.com bridges gaps in time and space through free, private Web sites where families can hold family discussions, create online family photo albums, and maintain a calendar of family events. There are currently more than 1 million photos, 1.5 million news items, and 2 million calendar events posted on MyFamily.com's private family Web sites. Based in Orem, Utah Orem is an incorporated town in the north-central part of the state of Utah in Utah County. It is adjacent to Provo, Lindon, and Vineyard and is about 45 miles south of Salt Lake City. As of the 2000 census, the city had a total population of 84,324. , MyFamily.com is a service from Ancestry.com, Inc. About bamboo.com Based in Palo Alto, CA, bamboo.com (Nasdaq:BAMB) is a premier provider of Internet-based 360-degree virtual tours for the real estate community. bamboo.com maintains key relationships with major real estate Web sites and multiple listing service (MLS See multilevel security. ) providers, including HomeStore.com, REALTOR.com, HomeSeekers.com, Microsoft HomeAdvisor, HOMES.com, CyberHomes, LoopNet, Moore Data Services, and GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) . As a result of these alliances, bamboo(TM) Virtual Tours can currently be viewed on America Online (AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ), Yahoo!, Microsoft Network (MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). ), Excite, Netscape Netcenter, GO Network/InfoSeek, NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , The Wall Street Journal Interactive and others. Company investors include Intel Corporation, Trident Capital, the Walden Group and VantagePoint Venture Partners. For more information about bamboo.com, visit http://www.bamboo.com or call toll free 1-888-7BAMBOO. Editors, please contact Antenna Group, Inc.: Heidi K. Zuhl at 415/977-1915, or press@bamboo.com. This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. Actual results may differ materially. The matters discussed in this press release also involve risks and uncertainties described from time to time in bamboo.com, Inc.'s filings with the Securities and Exchange Commission (SEC). In particular, see "Risk Factors" in the Final Prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. included in the Company's Registration Statement on Form S-1 declared effective by the SEC on August 25, 1999 (www.sec.gov). <http://www.sec.gov> |
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