Released on: January 26, 2008, 8:07 pm

Press Release Author: UploadMB

Industry: Consumer Services

Press Release Summary: fast download, fast upload, multiple uploads, upload any file
types, simultaneously file upload, get file, download free, free downloads, free
upload, download, downloads

Press Release Body: UploadMB.com an online file storage company has launched free
online services with unlimited file storage. The site offers fast download and
upload speeds and there is an option to do multiple and uploads at a time. Speaking
on the occasion of launching the services Ms. Rochelle Franco, the technical brain
behind the company said that online storage of files is a requirement which has by
and large gone unfulfilled so far. As a result UploadMB.com will be able to help
users upload files and share with anyone, anywhere. She said that with larger
storage spaces available at a cheaper price her company will be able to offer these
services for free for quite sometime. It is known that corporates maintain their own
secure servers where they dump huge amount of data. However, individuals find it
very difficult to transfer large files online. Mp3 movies, music, video upload
becomes a critical issue. UploadMB.com was launched to solve this nagging problem.

A wide range of questions were fielded from the press and many IT analysts who were
present at the launch of the services. Many analysts expressed concern about the
financial viability of the model. They were skeptical about how long it would be
possible for a company to keep offering large online file transfers for free.
However, Ms. Franco was very optimistic about all these facts. She said that there
were few companies which were already offering these services and they were highly
successful. She said that the company has developed a strong revenue model which
would generate a health ROI after a year. She said that the company has a strong
Private Investors backing and as a result funds would not be a problem for the
coming year. She mentioned that the investors are convinced that this model would
work because of which they have invested the amount. She however mentioned that the
portal would start generating revenue once the popularity of UploadMB.com is
established and people start using the site morefrequently. Advertisement revenues
will draw a good portion of the income. Going forward the company may charge a
nominal sum for files which are more than a certain specified size.

The free upload file and free storage services offered by the company was
appreciated by many analysts and the press. They felt that it would definitely help
people who want to transfer their music videos or even want to do a free video
upload. Ms. Franco said that response that she has seen from various quarters has
made her very upbeat about the prospects. On a lighter note, she urged all present
at the meet to start using the services immediately. She said that moving ahead
UploadMB.com could offer services to small and medium sized companies who have a
requirement for large storage spaces. Software hosting is also another area in which
the company may offer its services.

In her closing remarks Ms. Franco expressed satisfaction that all targets have been
achieved within the deadline and expressed confidence that revenue figures will be
achieved also.

Media Contact: Ms. Rochelle Franco
Name: Chelle Franco


Web Site: http://www.uploadmb.com

Contact Details: Rochelle Franco
1755 unit 205 G.tuazon st.,
Sampaloc
Manila
Philippines
1008