1Spatial Holdings Regulatory News (SPA)

31 Mar 2006 07:03

Z Group PLC31 March 2006 31 March 2006 Z GROUP PLC ("Z GROUP" or the "Company") Commercial Launch of Revolutionary Friend to Friend File Sharing Product Z GROUP, the marketing-led technology services company, is pleased to announcethat it has completed the development of its breakthrough file sharing software,OnShare, and has commenced commercial roll out by initiating a seeding plan viatargeted media and inviting a selected user base to start using the softwarefrom today. OnShare has been developed by former MOD scientists and uses patented militarygrade security. Its 2048 bit encryption makes it virtually impossible forOnShare connections between users to be breached. OnShare allows users tosecurely share any content held on their computers with people they know andtrust, ensuring that users have complete control over which files are shared andwith whom. For the first time users can now, with the OnShare technology,create a secure Instant Private Network (IPN) over any Internet connection withno upfront cost and without the need for any hardware. OnShare also integratesat the lowest level of Windows possible, allowing easy file sharing from withinany Windows application. Key Features of the OnShare software: • Enables secure sharing of any files and folders between PCs without the need for a conventional network connection • Creates real time dynamic networks over any Internet connection • Integrates into Windows • Transparently operates through software or hardware firewalls • Delivers secure chat functionality including real time file sharing • Downloads and installs easily Jack Bekhor, Joint CEO of Z GROUP, commented: "OnShare is a significant product launch for Z GROUP and addresses a massivemarket. The initial target market is the 150 million instant messaging useraudiences in the UK and USA. OnShare is highly innovative and we believe thatits patented military grade security carries a tremendous competitive advantageover other networking software. OnShare is being launched in response to theever growing requirement for file sharing by Internet users. By the end of 2004P2P file sharing accounted for 60% of all Internet traffic. It outstrips everyother communication and distribution protocol and is still growing tremendously(source: Andrew Parker, Cachelogic). The Directors believe OnShare will be animportant source of future growth for Z Group." About Z GROUP Founded in 2002, Z GROUP is a successful, publicly listed London-basedtechnology company which acquires, licences and develops technologies andprofitably commercialises them through proven branded marketing techniques,offering cutting edge, easy to use and affordable software. With over half a million customers to date, Z GROUP has five software businesslines: • OnShare: proprietary and revolutionary friend to friend file sharing software enabling highly secure communication between small or large groups of users • ONSPEED Mobile: unique mobile phone acceleration software, which speeds up and optimises slow Internet connections and helps users control associated costs • ONSPEED: the fastest Internet acceleration software on the market, which instantly enables any PC, Mac or Pocket PC user to browse and email at near Broadband speeds by using a 9-patented compression technology • Net2Roam and NetAway: services that allow individuals and SMEs to obtain local Dial-up access numbers worldwide at rates below normal international rates • Onbidder: a service that integrates into eBay, making a user's bid at the last second of an auction - giving the user the best chance to win their item at the best possible price. For more information on the group, visit www.zgroupplc.com Enquiries: Z GROUP PLCJack Bekhor/Jamie True, Joint Chief Executive Officers 08700 111 173Saskia Hopmann, Public Relations 020 7952 4026Holborn PRDavid Bick/Mike Feltham 020 7929 5599Panmure Gordon & CoAubrey Powell/Stuart Gledhill 020 7459 3600 This information is provided by RNS The company news service from the London Stock Exchange