UploadMB com launches one of the better online free file storing services
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
2025
