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Jun 30, 2007

8x8 times two

8x8, Inc. yesterday announced joining with YouSendIt, Inc., a specialist in digital content delivery, to produce a new digital courier service for Packet8 subscribers.

Packet8 Dispatch, powered by YouSendIt, seeks to allow users to upload multiple files as large as 2GB each to multiple recipients on-demand. Recipients receive an e-mail notification with a link to securely download the files. “Tens of thousands of businesses across the globe use the YouSendIt service every day to deliver graphic designs, video, photos, engineering designs and other data to customers and partners in just minutes,” said Ivan Koon, CEO of YouSendIt. “We are delighted to offer this assured and secure digital content delivery service to Packet8 VoIP customers.”

8x8 and YouSendIt are offering two versions of the online delivery service. The first, a free Lite version, offers free transfers of files as large as 100MB with a download bandwidth limit of 1GB each month. The second option, available free for a 45 day trial, allows file transfers as large as 2GB per file and can be downloaded by as many as 200 recipients, with a 200GB download bandwidth limit per month.

After the 45 day trial period, Packet8 subscribers may continue the service paid either monthly, upfront on an annual basis or revert to the free Lite package.

Meanwhile, 8x8, provider of Packet8 residential, video and business VoIP phone services, announced today that it has filed with the Securities and Exchange Commission its Annual Report on Form 10-K for the year ended March 31, 2007 and its amended Quarterly Reports on Form 10-Q/A for the quarters ended June 30, 2006, September 30, 2006 and December 31, 2006.

Per its June 15 press release announcing a decision to restate previously filed financial statements due to a change in the accounting treatment of investor warrants, 8x8 has now completed the restatement of its previously issued Consolidated Financial Statements for fiscal years 2005 and 2006, and its unaudited quarterly financial information for each of the three quarters ended in 2006.

VoIP solutions provider 8x8, Inc. offers internet-based telephony solutions for individual residential and business VoIP for small- to medium-sized business organizations. The Packet8 VoIP solutions starts at $24.99 per month per user for unlimited anytime calling to the US and Canada. 8x8 offers unique VoIP solutions in the Packet8 Tango Video Terminal Adapter and DV 326 VideoPhone along with accompanying monthly service plans also priced at $24.99 per month.

Packet8 Virtual Office, 8x8’s VoIP solution for small- to medium-sized businesses, is a hosted PBX solution comprised of business VoIP features. Companies subscribing to Virtual Office pay $49.99 per month per extension for the PBX solution.

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