Coldwell Banker/Ellison Realty Selects bamboo.com for All New Listings; www.ellisonrealty.com to Feature bamboo Virtual Tours.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)--Nov. 4, 1999-- bamboo.com, Inc. (Nasdaq:BAMB), a leading provider of 360-degree 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 , today announced an agreement with Coldwell Banker/Ellison Realty, a premiere real estate company in Ocala, Florida Ocala is a city in Marion County, Florida, United States. As of 2004, the population recorded by the U.S. Census Bureau is 48,901.[1] It is the county seat of Marion CountyGR6. . Under this agreement, Ellison's real estate professionals will use bamboo(TM) Virtual Tours to market all of Ellison's homes for sale on the Internet. bamboo.com's full service takes only a few business days and requires no hardware or software purchases, or downloads. bamboo.com's network of service providers take care of capturing and processing the images as well as posting the tours to the appropriate Web sites. In addition, bamboo.com offers Coldwell Banker/Ellison Realty's agents the bamboo(TM) E-mail Virtual Tour which may be sent to prospective home buyers as an e-mail attachment A file that rides along with an e-mail message. The attached file can be of any type. E-mail programs make it easy to attach a file. For example, in Eudora, all you do is select Attach from the Message menu, browse through the folder hierarchy to find the file you want and then double . The potential homebuyer does not need Internet access See how to access the Internet. and only has to click on the attachment to take a tour of homes the real estate agent recommends. The e-mail tour also includes the agent's contact information. "We are excited to be able to offer Coldwell Banker/Ellison Realty's real estate agents bamboo.com's full service virtual tour solution," said Kevin McCurdy, founder of bamboo.com. "bamboo(TM) Virtual Tours will help Ellison's agents market and sell homes, attract new listings and improve the overall efficiency of the home buying and selling process for their customers." With more than 70 real estate professionals, Coldwell Banker/Ellison Realty is a leader in marketing homes for sale in Marion County Florida, one of the nation's fastest growing regions. The company's real estate professionals focus on utilizing aggressive and cutting-edge marketing techniques, such as the adoption of bamboo(TM) Virtual Tours on their user-friendly web site, www.ellisonrealty.com. "Our philosophy has always been to put the customer's interests first," Larry Ellison, owner of Coldwell Banker/Ellison Realty said. "Studies show that up to thirty percent of all homebuyers will use the Internet as their primary search tool this year. You're either with the program or not!" About bamboo.com Based in Palo Alto, CA, bamboo.com (Nasdaq:BAMB) is a leading provider of 360-degree virtual tours on the Internet. 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 Edition and others. Company investors include Intel Corporation, Trident Capital, the Walden Group and VantagePoint Venture Partners. bamboo.com, Inc. and Interactive Pictures Corporation (Nasdaq:IPIX IPIX Interface Processor for Imagery Exchange ) recently announced a definitive merger agreement to merge their two companies in a stock-for-stock transaction. The deal positions the integrated company to be a premier provider of interactive imagery for the Internet, serving the real estate, travel and hospitality, e-commerce, electronic publishing, education and entertainment markets. For more information about bamboo.com, visit http://www.bamboo.com or call toll free 1-888-7BAMBOO. Editors, please contact 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. Statements concerning the implementation of bamboo.com's services and the benefits expected to result from those services constitute forward-looking statements and are based on current expectations. Actual results may differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ include the failure of bamboo.com to integrate its services with the Coldwell Banker/Ellison Realty's Web site and the failure of real estate professionals from Coldwell Banker/Ellison Realty to adopt and utilize such services. 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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