Nov 14th, 1999
SAN ANTONIO, TX - GlobalSCAPE, Inc., a wholly owned Internet subsidiary of American TeleSource International, Inc. (ATSI) (OTC BB: AMTI - news), announced today its has released version 3.5 of its award-winning FTP client, CuteFTP™. In addition, the Company is beta testing a revolutionary multimedia utility, CuteMX™.
Sandra Poole-Christal, GlobalSCAPE's President, stated, "Our new products
have created a lot of excitement among users within the Internet community.
According to CNET's (NasdaqNM: CNET) download.com, CuteFTP™ is
consistently one of the most frequently downloaded programs on the
Internet. During the recent launch of CuteFTP™ 3.5 and the beta version
of CuteMX™, downloads of our software increased by more than 50 percent.
Considering CuteMX™ is in its infancy, we are excited about its reception
from groups like MP3.com (NasdaqNM: MPPP) who rated it four stars and posed
the question: "The next big thing in MP3?" Ms. Poole-Christal further
stated, "Both product registration and in-product advertising revenue
streams are expected to grow as a result of increased product usage."
About CuteFTP version 3.5:
CuteFTP™ is a Windows®-based file transfer protocol (FTP) client
allowing users to easily transfer files over the Internet. CuteFTP™
version 3.5's new features include site to site transfers, scheduled file
transfers, global filtering and an extended list of MP3 and file search
engines. Users may download an evaluation copy from
About CuteMX beta version 1:
CuteMX™ (Media eXchange) offers an innovative, powerful way for users to
search for and share their favorite digital media files on the Internet.
CuteMX™ users become part of a file sharing community where they can
easily locate and download music, graphics, video, programs and more -- all
without ratio sites, broken links and incomplete downloads, which most
Internet users have experienced. CuteMX™ features include real-time chat
rooms, instant messaging and "friends" lists. Users may download a beta
copy from http://www.globalscape.com/products/cutemx.html.
GlobalSCAPE is a leading provider of Internet-based software including file
management utilities, Web site development tools and multimedia utilities.
With the Internet at the core of its development, marketing, distribution
and customer support strategies, GlobalSCAPE is able to provide millions of
users with complementary content and a variety of online services designed
to enhance their use of its award-winning products. GlobalSCAPE's parent
company, American TeleSource International, Inc. is an emerging
international telecommunications carrier serving certain niche markets in
and between Latin America and the U.S. ATSI's borderless strategy includes
the deployment of a "next generation" ATM network for more efficient and
cost effective service offerings of voice and data transport. The Company
has clear advantages over the competition through its corporate framework
consisting of unique licenses, interconnection and service agreements,
network footprint and extensive distribution channels.
Several statements contained herein are forward-looking statements. For
example, "Both product registration and in-product advertising revenue
streams are expected to grow as a result of increased product usage." These
statements are based on the belief of GlobalSCAPE's management, as well as
assumptions made beyond information currently available to management.
Because such "forward-looking statements" are subject to risks and
uncertainties, actual results may differ materially from those expressed or
implied by such forward-looking statements. Factors that could cause
results to differ materially from those expressed or implied by such
forward-looking statements include, but are not limited to lack of market
interest, competition from products similar to those offered by
GlobalSCAPE, and changes in products provided by third parties on which
GlobalSCAPE's products are dependent, such as changes to operating systems
and product strategies by vendors of operating systems.