ATLANTA, June 15, 2006 (PRIMEZONE) -- Market-Pulse.com announces its trade alert for Foldera, Inc. (OTCBB:FDRA). According to Bernard R. Schmitt of Market Pulse, "The company just had excellent news out after yesterday's bell announcing the launch of the only free, open and easy-to-use web-based organizer and messaging/collaboration service. After over five years in development, Foldera announced an official "Go Live" date of June 19th, 2006 for the groundbreaking web-based organizer.
Heavily anticipated since the incredibly successful public demonstration in March of this year, Foldera has well in excess of 10,000 businesses requesting well over a million user seats for their free organization, messaging and collaboration service.
For millions of business people, the daily grind of sorting and filing documents, email messages, and other work and trying to keep themselves and their teams organized and on the same page is a thankless, painful and nearly impossible task.
Although many "productivity" and "organization" applications have been developed to solve this problem, they all suffer from a common flaw; at the end of the day the individual still does the sorting and filing -- not the software.
Studies show that knowledge workers spend as much as 2 hours a week simply sorting and filing their email and other documents. That's 125 hours per person per year, lost filing email.
In a press release issued after yesterday's bell by Foldera, Inc., Founder and CEO Richard Lusk said, "All this sorting and filing is a terrible waste of time. With traditional software solutions, the individual does the sorting and filing after the fact. In contrast, Foldera does the sorting and filing automatically and we do it while you work."
While CEO Richard Lusk cautions that the large numbers of registrants represent an indication of interest at this time and not actual users on the system, he goes on to say that the management team at Foldera has been very pleased by the high level of interest expressed and looks forward to seeing the businesses that have registered becoming fully active in the near future.
In the same press release from yesterday, Danny O'Shea, Foldera's Chief Experience Officer commented, "We'll be distributing the account credentials to every business that registered in the order in which we received those registrations and anticipate that everyone will have access to their own Foldera account within the coming weeks."
Foldera's high-growth business model includes generation of revenue from multiple sources and channels, including embedded search and contextual advertising, and the sale of a number of premium services including extra data storage, SMS notifications, Lead generation and custom domain hosting.
About Foldera(tm), Inc.
Foldera(tm) is the free, secure and easy-to-use service that instantly organizes workflow. Foldera combines web-based email, instant messaging, document manager, task manager, calendar, contact manager and sharable folders into a unified productivity suite, available with a single login from any web browser. Foldera also has the unique ability to instantly sort and file your sent and incoming email, instant message dialogs, documents, tasks and events into folders, on a project-by-project basis, chronologically and in real-time.
Foldera's proprietary technology differs from competing collaboration products in a number of important ways:
-- Easier and faster to set-up and use
-- Organizes activities, teams and information automatically
-- Enables participants to communicate specifically in the context of
each project and activity
-- Archives everything instantly
-- Notifies all participants of changes automatically and at the same
time
-- Secures critical information instantly
-- Accessible remotely from a single centralized location on the Web
-- Enables participants to manage multiple projects, teams and
information from one interface
-- No hardware or software to buy or maintain
-- Free to users
Foldera expects to generate revenues from the sale of premium services such as extra data storage and from embedded search and contextual advertising. Founded in 2001, Foldera is a publicly traded company (OTCBB:FDRA) headquartered in Huntington Beach, California.
For more information or to sign up for service, visit http://www.foldera.com.
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