Consumers Post More Than 100 Million Images On PhotoWorks; The World's Largest Consumer Photo Services Site Continues Leadership With Film And Digital Photos.Business Editors/High-Tech Writers SEATTLE--(BUSINESS WIRE)--May 25, 2000 PhotoWorks(R) (Nasdaq:FOTO FOTO Friends of the Observatory (Griffith Observatory, Los Angeles, CA) FOTO FOrce and TOrque Sensing (for Process Control) ), the leading online service for sharing, printing and storing photos, announced today it surpassed 100 million photo images stored by consumers in its online archive -- making it the largest collection of consumer photos on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . PhotoWorks offers a variety of online photo services for traditional and digital camera users including processing, sharing, digital uploading, reprints, scanning of film and archiving of photos. PhotoWorks has scanned and posted as many as one million customer photos a week to its online archive as popularity and awareness of the service has expanded. "PhotoWorks' services are more popular than ever," said Gary Gary, city (1990 pop. 116,646), Lake co., NW Ind., a port of entry on Lake Michigan; inc. 1909. Gary was founded by the U.S. Steel Corporation, which purchased the land in 1905 and landscaped it for a city. Christophersen, PhotoWorks 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. . "Customers prefer PhotoWorks as their online image processing image processing Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished company for their traditional and digital images. Last week they e-mailed out more than 70,000 personal photos to friends and family. Our expanded services to digital camera users and dedication to providing consumers with more ways to share and use their photos online have helped continue our leadership in this category." The Online Photo Leader PhotoWorks began offering photos via the Internet in 1995, and in April 1999 began offering its PhotoWorks online service that provides free customer lifetime archiving as part of its film developing process. While in the last 12 months numerous start-up companies start-up company A new business. have emerged in the expanding online photo services segment, PhotoWorks continues to be a leader by offering reliability, convenience, free services (O.Eng. Law) such feudal services as were not unbecoming the character of a soldier or a freemen to perform; as, to serve under his lord in war, to pay a sum of money, etc. See also: Free for first time customers, affordable print and reprint reprint An individually bound copy of an article in a journal or science communication fees and partnerships with leading Web companies like Amazon.com (Amazon.com, Seattle, WA, www.amazon.com) The largest online shopping site and one of the most widely known e-commerce sites on the Web. Founded by Jeff Bezos in 1995, it had 11 employees by year's end. Within four years, it had more than 1,600 employees and four million customers. Auctions, AT&T WorldNet and RealNetworks. Backed by $15 million in venture capital funding led by Orca Bay Partners and Madrona Investment Group, PhotoWorks is actively expanding its Internet technology and Web development, partnerships and marketing efforts. About PhotoWorks PhotoWorks.com is the leading online service for sharing, printing and storing photos, dedicated to providing innovative ways to expand how people use their traditional and digital images. The service provides both digital and film-based camera users with the easiest way to store their photos online, share them with friends and family, order reprints and create photo albums and other gifts. With over 100 million images archived, PhotoWorks.com is the largest consumer photo site on the Web. The company draws upon a unique dual heritage that combines over 20 years of experience as a top-rated photofinisher and as a pioneer in both digital and online photography. PhotoWorks brings its experience, the largest consumer photo archive on the Web and a large customer base to the emerging online photo services category. As a result, PhotoWorks has emerged as a leader in the rapidly growing online photo services marketplace. The PhotoWorks service includes free digital uploads from cameras, free scanning of every photograph (with normal processing fees), Web posting to a private site and lifetime archiving, as long as the consumer remains an active customer of PhotoWorks. Based in Seattle, PhotoWorks, Inc. (Nasdaq:FOTO) was founded in 1978. More information is available at www.photoworks.com or by calling 800/345-6967. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995: Statements in this news release concerning leadership in online digital imaging and photo-sharing, popularity of PhotoWorks' services, customer preferences, ability to scan and store a growing volume of digital images or every photo processed by the company, expansion of Internet technology, strategic partnerships and marketing efforts, dedication to providing innovative ways to expand how people use their traditional and digital images, ease of use and any other statement which may be construed as a prediction of future capabilities, performance or events are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , the occurrence of which are subject to a number of known and unknown risks and uncertainties which might cause actual performance to differ materially from those expressed or implied by such statements. These risks and uncertainties include the possibility of delays in the expansion of image storage capacity due to delays in deliveries from suppliers or technical problems; system performance problems due to technical difficulties, system malfunctions, Internet interruptions or other factors; pricing and other activities by competitors; and other risks including those described in the company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and those described from time to time in the company's other filings with the Securities and Exchange Commission, press releases and other communications. Note to Editors: All companies and product names are trademarks of their respective owners. For more information, e-mail info@photoworks.com or call 800/345-6967. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion