Paltalk Revolutionizes Online Communication With Two New Services: World's Most Popular Online Video Chat Service Announces Next Generation of Software Featuring SuperIM - Enabling IM Sessions with Ten Users Around the World to Conduct Full Voice and Video Chats

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Re-launching Popular Web-Based Video Conferencing Service Allowing Users to Affordably Conduct Real Time Meetings with Voice, Video and Document Sharing - Survivor of Web 1.0 Now Poised to be a Leader in Web 2.0

Both Paltalk and HearMe are on the leading edge of online communication for the next generation of live chat and instant messaging.

Paltalk (http://www.paltalk.com), the largest online video chat community with more than four million active members, today will release the next generation of its popular communication software Paltalk 9.0. Paltalk is the only program in the world that allows users to communicate through video, voice and text in chat rooms they create and can hold thousands of people simultaneously. Paltalk 9.0 includes features such as Super IMTM, a patented function that allows users to pull in up to nine friends from around the world into one Instant Messenger window for a live video and voice chat session. Paltalk 9.0 also features enhanced video streaming to near broadcast level quality, full duplex audio, multi-player gaming and music provided through a special partnership with Real Rhapsody.

Today the company is also re-launching the popular HearMe web conferencing service, a Web based application that allows users to conduct real-time meetings over the Internet with video, voice and document sharing. With its low price point and easy to use features, HearMe is geared towards small to medium businesses looking to conduct live meetings without the expense of staff travel or costly long distance phone charges.

"For nearly a decade, we have been quietly changing the way people communicate online, cultivating the most passionate user base on the Internet. Today we are quiet no more," said Joel Smernoff, President and COO, Paltalk. "Both Paltalk and HearMe are on the leading edge of online communication for the next generation of live chat and instant messaging."

New York based Paltalk was founded over 8 years ago and survived the first Internet bubble becoming a profitable company by offering quality communication products for personal and professional use. Paltalk was the first company to launch an Instant Messenger with video and voice capability combined with an online buddy list.    

Paltalk Messenger

Paltalk answers the demands of users who crave a way to communicate beyond text and one-to-one discussions offered on most online communication programs. Over the years, Paltalk has grown to become one of the most popular online services with more than 50 million downloads accounting for eight billion voice minutes per year. Everyone from syndicated shock jocks Opie & Anthony to the Big Brother reality series to best selling author Dan Burstein have used Paltalk to hold group discussions online. Paltalk's features gives users the ability to be seen and heard through live, real-time video in chat rooms that use patented technology to allow thousands of people to hold simultaneous discussions. Users create their own chat rooms on topics they decide where room members not only communicate with the host but with each other as well.

With more than four million active members around the world, people are using the Paltalk Messenger to socialize, talk politics, pick stocks, learn languages and even sing karaoke. Users are given a full suite of moderation tools that allow them to control the environment, deciding who talks, shows videos, and stays in the room. The Paltalk community takes great care in keeping a safe, "clean and well lit" environment with more than 250 trained volunteer moderators. Earlier this year Paltalk also launched Paltalk People 2.0 a social networking site linking searchable user profiles and adding video, voice and text chat on top of basic expression and connection.

Primary Paltalk 9.0 Features

The Paltalk 9.0 Messenger will include new functions that further enhance online discussions, including:

SuperIM    - the next generation of instant messaging, developed by Paltalk, that allows any user to immediately pull in up to nine friends into one instant messenger window and converse with text, audio and video.

Improved Video - enhanced video streaming for improved picture clarity, seamless motion and color,

Audio Upgrades - Paltalk 9.0 now offers a hands-free speaking mode to make conversations easier.

Games - integrated multi-player games, such as pool, chess, gin rummy and backgammon which allow users to converse in real-time with audio and video while playing

Music - through a special partnership with Real Rhapsody that allows users to download and listen to their favorite artists.

HearMe

Paltalk is also re-launching the popular HearMe service, the next generation of browser based video conferencing. Geared towards small businesses looking to cut down costs and utilize a quality solution, HearMe allows users to hold online meetings at a low price point and eliminates expensive travel and long distance phone charges. An easy to use Web-based application, with no program needed to download, clients and colleagues can communicate in real-time through video, voice and text directly from their computer and share their documents or their entire desktop. HearMe meetings are held in a safe and secure web environment with CD quality sound and live, TV quality video. HearMe was developed using the same technology as Paltalk allowing users to hold a meeting or conference at a click of a button.

About Paltalk

Paltalk (http://www.paltalk.com) is the largest video chat community on the Internet with over four million active members participating in live voice- and video-enabled chat rooms. Our patented technology allows thousands of simultaneous users to communicate via video and audio all in the same chat room. The Paltalk Messenger is compatible with leading instant messaging (IM) services, allowing users to transfer existing buddy lists, to combine all their contacts and talk to friends who use other IM programs. Founded in 1998, Paltalk is a privately held company based in New York. Paltalk also owns and operates HearMe (http://www.hearme.com), a B2B Web conferencing service. Paltalk was the first company to launch video and voice combined with an on-line buddy list in one package.

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GROUP GORDON
Paltalk
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