Second graph, end of last sentence should read: logging a 115% increase in just over two weeks (sted 215% increase).
The corrected release reads:
FOLDERA RELEASES SIGNIFICANT SOFTWARE ENHANCEMENTS
Latest Version Offers New Features and Capabilities for Ultimate Productivity and Collaboration
Foldera™, Inc. (OTCBB:FDRA), today announced immediate availability of a significant software update to the company’s next-generation organizer and collaboration service for small and medium sized businesses. This latest version was announced earlier this month at the Enterprise 2.0 Conference.
As a software-on-demand service, all current Foldera customers are now using the latest version and can take advantage of new features and enhancements without having to install a new application on their PCs. The latest updates were released without any major issues and all accounts have been seamlessly migrated. Since June 11, Foldera has added a significant number of users, increasing from 1,300 business accounts to over 2,800 business accounts, logging a 115% increase in just over two weeks.
Foldera’s newest version includes industry-leading features designed to further enhance productivity, decision-making and operating efficiency for businesses of all sizes. The update’s major features enable users to:
* Drag-and-drop items from folder-to-folder for improved productivity and usability. Foldera provides drag and drop across the application, including calendar, emails, tasks and document sharing
* Search across files, tasks, calendar events and emails with incomparable ease, due to Foldera’s proprietary, integrated search tool
* Share information across team members, with enhanced, easy-to-use security functionality
In addition to these major features, Foldera has continued to refine the overall user experience with features such as auto-complete for email addresses, simplified user-interface design and easy-to-manage email accounts and user preferences.
Foldera’s intuitive email system and ‘Activity Folders’ provide context for all data flowing into users’ accounts, eliminating the need to spend hours sorting and filing email while seamlessly integrating communications and document-sharing.
“Foldera has made communicating and managing our work efficient and easy,” said Seth Cutler, elementary math specialist, Local District 4 at the Los Angeles Unified School District. “Activity Folders enable us to share important documents, memos and guides. I no longer waste time searching my computer for files.”
“Today’s release provides our customers with significant features to enhance their Foldera experience and provides a solid foundation for businesses to achieve the benefits of improved productivity and collaboration,” said Richard Lusk, Foldera’s founder and CEO. “In addition, as communicated earlier this month, we have sent invitations to the 15,000 customers in our beta queue and all customers who have requested accounts have been invited to receive their account credentials.”
For more information about Foldera or to sign up for a Foldera account, please visit www.foldera.com.
About Foldera
Foldera(TM) is a secure, and easy-to-use software service that instantly organizes workflow. Foldera combines web-based email, file 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 sent and incoming email, files, tasks, and events into folders, on a project-by-project basis, chronologically and in real time.
Foldera expects to generate revenues from the sale of services such as extra data storage, premium service and support plans, as well as from embedded search and contextual advertising. Founded in 2001, Foldera is a publicly traded company (OTCBB:FDRA), headquartered in Huntington Beach, Calif. Business owners wanting to experience the power and benefits Foldera can bring to information organization and team collaboration should register for a beta account at http://www.foldera.com.
This press release includes a number of forward-looking statements that reflect our management's current views with respect to future events and financial performance. Forward-looking statements include, but are not limited to, statements that are not historical facts, and statements including forms of the words "intend," "believe," "will," "may," "could," "expect," "anticipate," "plan," "possible" and similar terms. Actual results could differ materially from the results implied by the forward-looking statements due to a variety of factors, many of which are discussed throughout this Quarterly Report and in our SEC filings. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly release any revisions to these forward-looking statements that may reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, unless required by law. Factors that could cause actual results to differ materially from those expressed in any forward-looking statement made by us include, but are not limited to:
* the ability to finance our activities and maintain financial liquidity;
* unexpected resistance to the adoption of our product offering;
* changes in consumer preferences or trends;
* competitive offerings; and,
* the ability to develop a strong brand identity.