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HearMe Reports 900% Increase in Revenue on One Year Anniversary

Named Internet Telephony Magazine Video Conferencing Solution “2007 Product of the Year”

January 8, 2008
New York, NY

HearMe, a leading provider of web-based video conferencing and online collaboration solutions, today announced a 900% increase in revenue over the past 12 months on its one year anniversary in the desktop video conferencing space. The company has also earned the prestigious distinction of “2007 Product of the Year” from Internet Telephony Magazine.

HearMe’s web-based video conferencing system empowers small businesses, distance educators and mobile work forces to conduct meetings in real time at an affordable price. The solution provides video/audio conferencing, desktop and application sharing, and online browser-based meeting rooms. HearMe also has the most user-friendly interface and advanced video conferencing capabilities in the market. It allows an unlimited number of users to actively participate in a meeting.

“HearMe has experienced tremendous growth in the past twelve months, with more than 10,000 new accounts having been added,” said Hannah Rothman, senior marketing director of HearMe. “Fueling our growth has been a strategic focus on key vertical markets, such as distance education, IT consulting and the SMB market.”

“In 2008, we expect the level of interest in video conferencing and collaboration solutions to increase among SMB’s,” said Ira Weinstein, Sr. Analyst and Partner with Wainhouse Research. “The opportunity to save time, decrease costs, and reduce travel while improving communications is especially compelling for small to medium organizations seeking to compete with larger firms.”

“Over the next twelve months, we will look for new opportunities to integrate with other technologies that potential customers are already using in their day-to-day operations,” continued Rothman. “We believe that HearMe enhances the way companies communicate, both internally and with their customers.”

For more information about HearMe, please visit www.hearme.com.

About HearMe

HearMe, a division of Paltalk, is a web-based video conferencing and online collaboration solution. It empowers SMB’s, corporations, and distance educators to participate in fully scalable voice and video conferences. Utilizing H.264 video technology and real time motion of up to 15 frames per second, participants of a HearMe-hosted meeting can share video in addition to documents and desktop applications. With built-in VoIP capabilities, HearMe eliminates the need for a conference phone bridge line, decreasing costs for SMB’s and enterprises alike. This also allows all participants a hands-free conferencing experience. HearMe’s offering enables companies to connect their mobile workforce, distance educators, and organizations to work more efficiently regardless of geographic location.

Media Contact

Todd Barrish
Dukas Public Relations