Investor Contact: For Release February 24 at 8:00 a.m. EST Inktomi Co-Founder Elected to Board of Directors of Notify Technology Corporation San Jose, CA – February 24, 2000/PRNewswire/ -- Notify Technology Corporation (NASDAQ: NTFY), a leading provider of message notification products and services, today announced that David Brewer, co-founder of Inktomi Corporation (NASDAQ: INKT) has today been elected to Notify’s board of directors. Brewer co-founded Inktomi in February 1996 with Dr. Eric Brewer and Paul Gauthier. Inktomi develops and markets scalable software designed for the world's largest Internet infrastructure and media companies, including the world's largest search engines, online comparison shopping solutions and carrier-class network cache software. “I am excited to be joining the Notify board of directors as the company gets set to launch its Visual Got Mail service. I look forward to being actively involved in directing the company as it executes its strategy of making its Visual Got Mail service the defacto email notification standard for both wireline and wireless devices, “said David Brewer. Notify’s most recent milestone achieved was the booking of over $1,500,000 in product orders in one fiscal quarter. Virtually all of these orders were for the Company’s Call Manager and Centrex Receptionist products although the first revenue from the Company’s new Visual Got Mail technology was recognized in the fiscal quarter ended December 31, 1999 and was generated from trial programs. The Company reported a 373% increase in revenue in the fiscal quarter ended December 31, 1999 compared to the same period of the prior year. “I look forward to working closely with David as he joins our board of directors. He brings a depth of experience in efficiently building and growing high technology organizations that will enhance the effectiveness of the Notify board,” said Paul DePond, President and Founder of Notify Technology. Founded in 1994 Notify Technology Corporation,(NASDAQ:NTFY), a leading supplier of message notification, provides innovative products and services supporting the convergence of voice and e-mail communications. Notify Technology currently sells its products through OEM relationships to major telephone companies and telephone equipment distributors. The company is headquartered in San Jose, California. For more information see www.notifycorp.com. Statements in this press release by Mr. Brewer about future events are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. Actual results could differ materially from these forward-looking statements as a result of the following factors: business conditions and growth in the telecommunications industry and general economics, both domestic and international; lower than expected customer orders and timing of actual orders; the timing and extent to which telephone companies adopt, initiate and promote programs involving the Company's products; competition from other suppliers of telephony adjunct devices; changes in product mix or distribution channels; technological difficulties and resource constraints encountered in developing new products; and additional factors discussed in the Company's public reports filed with the Securities and Exchange Commission. |
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