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All Press Releases for February 17, 2002 Subscribe to this News Feed    
 

Rising from the Ashes of Excite@Home, Webshots Surpasses 14 Million Users

Webshots, the popular online photo service that revolutionized desktop pictures, has surpassed the 14 million mark for registered users.This milestone was achieved barely four weeks after the company was reacquired by its founders from the now bankrupt Excite@Home.

REDWOOD CITY, Calif.--(February 14) -Webshots, the popular online photo service that revolutionized desktop pictures, has surpassed the 14 million mark for registered users.

This milestone was achieved barely four weeks after the company was reacquired by its founders from the now bankrupt Excite@Home.

"This confirms Webshots position as the most popular Internet destination for enjoying and sharing photography," said Andrew Laakmann, Webshots founder and CEO.

Webshots was purchased by Excite@Home in October 1999 for approximately $82.5 million. When Excite@Home declared bankruptcy a
year later, the original founders reacquired the company in bankruptcy court for $2.4 million.

"Webshots' impressive metrics, including 14 million members and 3 billion full-screen photo downloads, demonstrate consumers' robust enthusiasm for working with digital photos," according to InfoTrends Research Group analyst Lia Schubert.

In December 2001, Webshots was the sixth most popular software download with more than 5.5 million unique visitors and users spending an average of 15.4 minutes online per month, according to Media Metrix.

Every day, users download 4 million full-screen photos, receiving a new photograph to keep their screen-saver fresh. With an online collection of 18 million searchable and downloadable photographs organized in branded and sponsored galleries, and more than 70,000 new photos added every day by their users, Webshots delivers millions of reasons for users to come back for more.

About Webshots

Founded in 1995 as a screensaver sales force, Webshots revolutionized the desktops of millions of computer users in 1998 by offering free daily desktop downloads. Today, Webshots is the leading Internet destination for downloading, editing, enhancing, managing, sharing and enjoying amateur and professional digital photography. Webshots offers a wide range of services, including personal, shareable photo albums, electronic greeting cards, screensavers, and desktop wallpaper and display software. With more than 18 million downloadable images and the most-downloaded screensaver on the Internet in the past five years, Webshots continues to redefine online photo services. To find out more, visit us at www.webshots.com

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Neil Vineberg
Vineberg Communications
631 288 6933
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