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ZapSpot Surpasses ONE Million Distributions
New software
distribution technology results in over a million application
distributions in less than 80 days.
New York, NY,
June 21, 2000 - ZapSpot, Inc., a privately held New York City-based company
that makes online/offline computer programs, announced today that it
has surpassed the 1 million mark in application distribution. This number includes over
850,000 downloads that have come from its Web-site, as well as more
than 300,000 copies distributed to the company’s membership base. This milestone was passed
less than 80 days after product launch, and represents the
popularity of the firm’s 6 applications among its users in over
100 countries.
Also exciting was the high-level of pass along (virality) that
its releases have enjoyed, along with play time that far exceeds
industry averages. The
company’s rapid growth has come before the launch of a formalized
marketing effort, relying heavily upon users sending their ZapSpot™
applications to friends. In
addition to e-mailing programs, average members use ZapSpot for over
120 minutes per month, which makes ZapSpot “stickier” than 90
percent of the top global web properties.
“ZapSpot has turned a corner over the past few weeks,”
says CEO Dan Frumin. “Our
user acquisition has outpaced all forecasts, and we have started to
receive recognition for our unique technology and the quality of our
content. I am very excited about surpassing the 1 million milestone in
less than two-and-a-half months; that’s an accomplishment that few
companies could match.”
The distribution of ZapSpot’s millionth application caps a seminal
few months for the young company.
Founded in February 2000 by three Microsoft veterans, the
company has penned a broad partnership agreement with PC management
and anti-virus firm McAfee (www.mcafee.com), more than doubled its
network of users every 30 days since product launch, and was
recently named a ‘Hot Site’ by USA Today (www.usatoday.com).
Adds Victor Cho, Executive Vice President – Marketing and Sales:
“We are greatly looking forward to the next few weeks and months. With increased offerings to
both our end-users and our advertising partners, we are well on our
way to delivering our second million set of applications in even
faster time than the first.”
About ZapSpot
ZapSpot,
Inc. is creating the world's first person-to-person application
sharing platform that lets users find, collect, and share small
software games. The ZapSpot platform also provides businesses with a
personalized, persistent and powerful viral desktop channel to
acquire new customers, generate incremental revenue, and maintain
ongoing customer loyalty and communications. Based in New York City,
ZapSpot has received over one million downloads of its applications
from users in over 100 countries in just three months. The company's three
founders, Victor Cho, Dan Frumin, and Jeff Simon, bring with them
over twenty years of combined experience in development, marketing
and management from Microsoft Corp.
For more information visit www.ZapSpot.com.
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