Monday, November 06, 2000
In Tune With Music Industry Announcements, GlobalSCAPE Re-Releases CuteMX
SAN ANTONIO -- Internet software
developer GlobalSCAPE Inc. announced today that it has re-released
CuteMX®, a peer-to-peer application that enables Internet users to
manage and share media files and other collaborative content.
GlobalSCAPE is a subsidiary of American TeleSource International
Inc. ("ATSI") (AMEX:AI - news).
"We re-released CuteMX to introduce our new filtering technology,
which is designed to prevent the sharing of unsecure user-created
content, while encouraging unique and original content in secure
formats," stated Tim Nicolaou, CEO of GlobalSCAPE Inc.
According to Nicolaou, "CuteMX supports secure distribution by
incorporating a proprietary filtering process, which offers protection
for copyrighted material in a rich, collaborative environment." CuteMX
is currently being tested in a controlled environment with a limited
user community that enables the company to gather valuable marketing
data in support of a future subscription model.
GlobalSCAPE has met with several major and large independent
record companies regarding the uses of CuteMX, although no agreements
have been established. "Our strategy is to be a technology partner to
those with content already in place," said Nicolaou.
"CuteMX offers outstanding value to media companies, because they
can reach millions of potential consumers with common interests
through online communities. Our intention is to license the technology
to those pursuing super-distribution models."
GlobalSCAPE restricted public access to its CuteMX service in July
pending further developments surrounding the preliminary ruling in the
Napster case. "We are encouraged by recent movement in the industry
toward acceptance of this type of technology," said Sandra
Poole-Christal, president and chief operating officer of GlobalSCAPE.
"It is a pivotal time for file sharing technology with the recent
BMG and Napster announcement
(http://www.globalscape.com/products/cutemx) and Listen.com's bid to
acquire assets from Scour Inc., developer of a competitive file
sharing application."We intend to take CuteMX into the mainstream,"
CuteMX is available for free download at GlobalSCAPE's Web site
www.globalscape.com. Product reviews of CuteMX can also be found at
GlobalSCAPE Inc. (www.globalscape.com) is a leader in the
development, marketing and support of award-winning Internet-based
software including Internet utilities, Web site management tools and
peer-to-peer technology targeting both business and consumer markets.
American TeleSource International Inc. (www.atsi.net) is an
emerging international carrier serving the rapidly expanding niche
markets in and between Latin America and the United States. The
Company's borderless strategy includes the deployment of a ``next
generation'' network for more efficient and cost effective service
offerings of domestic and international voice and data. ATSI has clear
advantages over the competition through its corporate framework
consisting of unique licenses, interconnection and service agreements,
network footprint, and extensive retail distribution.
This document contains ``forward-looking statements'' within the meaning
of Private Securities Litigation Reform Act of 1995. Forward-looking
statements are those that describe management's intent, beliefs and
expectations concerning the future. These statements are based on
information currently available to management, and involve risks and
uncertainties. Therefore, actual results could differ materially from
those anticipated. Factors that could cause results to differ from
those anticipated are the intensely competitive nature of the market
for Internet software, GlobalSCAPE's inability to compete with larger
or better positioned companies, legal uncertainties regarding file
sharing technologies, technological changes, and other factors set
forth in GlobalSCAPE's filings with the SEC.