Press Release

YAHOO! AND JFAX DELIVER UNIFIED MESSAGING SERVICES TO YAHOO! USERSSANTA CLARA, Calif. and LOS ANGELES, Calif. -- June 8, 1998 -- For those who want the convenience of a universal in-box for incoming and outgoing electronic, fax or voice messages, look no further. Yahoo! Inc. (NASDAQ: YHOO) and JFAX.com (JFAX Communications, Inc.) today announced an agreement that will provide Yahoo! users with an easy way to turn their e-mail in-box into a low-cost fax and voicemail alternative. The premier merchant and distribution agreement brings together Yahoo!® (www.yahoo.com), the world's most popular Internet navigational guide, and JFAX (http://jfax.com), a pioneer of unified messaging services. The new service enables Yahoo! users in the U.S. and abroad as well as Yahoo! Online users who subscribe to the JFAX service to have a convenient source for incoming and outgoing messages.

"Yahoo! continues to bring together the most innovative and useful communication resources for our users to easily stay connected with each other," said Ellen Siminoff, vice president of business development at Yahoo!. "JFAX is one of the cutting-edge telecommunications products for both work and home environments. Through this relationship, Yahoo! users have the opportunity to conveniently access unified messaging services to enhance their online experience and communicate with friends, family and business associates through a single, universal in-box."

"The agreement between JFAX and Yahoo! underscores the changing communications environment and represents a major lifestyle enhancement for people who depend on communications of any kind," says Jaye Muller, founder and co-chairman of JFAX Communications. "By working with Yahoo! to deliver one-stop messaging, we are recognizing how people actually use new communication services in our increasingly complex, global culture and are working to make their lives easier."

Low-Cost Fax and Voicemail Alternative

When Yahoo! users sign up for the unified messaging services, they will receive a local telephone number in the area code of their choice, which will serve as their universal in-box. Numbers are provided in more than 55 cities and area codes in the U.S. and around the world. This telephone number receives voice messages and faxes, which are then routed directly to the user's Yahoo! Mail in-box. Through the JFAX service, faxes and voicemails can be viewed or played using free software, which subscribers can download from the JFAX Web site at http://jfax.com. Faxes can be viewed on screen, printed, edited or forwarded to other fax machines or e-mail users. Voice messages are received as digital audio files, which can be played on the user's computer.

Users can also access a toll-free number to listen to their voice messages or hear their e-mails read aloud by a computer-generated voice. In addition, the service also enables subscribers to listen to the headers of faxes, and to reroute both faxes and e-mails to a nearby fax machine. The unified messaging service is available for both PC and MAC platforms.

Getting Started

Signing up for the JFAX unified messaging services is quick and easy. To subscribe to the service, Yahoo!'s registered members can sign up by going to http://mail.yahoo.com. Web users who are not yet registered Yahoo! members can sign up for the unified messaging service after first setting up a Yahoo! Mail (http://mail.yahoo.com) account, which will serve as their universal in-box. The JFAX unified messaging service package costs only $12.50 per month. Yahoo! Mail is a free service.

The JFAX service will be integrated and promoted in Yahoo! Mail in the U.S., U.K & Ireland (http://www.yahoo.co.uk) and Australia & New Zealand (http://www.yahoo.com.au). The unified messaging services will also be promoted throughout other areas of the Yahoo! Network. In addition, JFAX will promote Yahoo! through text links within the sign-up pages of the unified messaging service.

About JFAX.COM

JFAX.com was founded on the visionary idea of a universal in-box combining a reliable, low-cost means of getting faxes and voicemail with the ability to maintain inexpensive virtual offices in multiple cities. The company began doing business in June 1996, and currently provides local telephone numbers in more than 55 cities and area codes worldwide. JFAX is a winner of the Sunday Times-British Telecom Technology Award. JFAX Communications, Inc., is based in Los Angeles, and has offices in New York and Windsor, England.

About Yahoo!

Yahoo! Inc. (NASDAQ: YHOO) is a global Internet media company that offers a network of globally-branded Web programming serving millions of users daily. As the first online navigational guide to the Web, www.yahoo.com is the single largest guide in terms of traffic, advertising, household and business user reach, and is one of the most recognized brands associated with the Internet. Yahoo! Inc. provides targeted Internet resources and communications services for a broad range of audiences, based on demographic, key-subject and geographic interests. Yahoo! is headquartered in Santa Clara, Calif.

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