ElectroBusiness.com Inc.

ElectroBusiness.com Inc.

October 04, 2005 08:30 ET

ElectroBusiness Announces 748 Percent Application Performance Increase

CALGARY, ALBERTA--(CCNMatthews - Oct. 4, 2005) - ElectroBusiness ("ElectroBusiness") (TSX VENTURE:EB) reports a spectacular increase in performance of EB-Web. ElectroBusiness technology experts have produced a stunning 748% increase in upload performance! The breakthrough provides an easy and fast boost to user productivity. This latest development makes the best browser based electronic invoice entry service even better.

ElectroBusiness experts also significantly improved the download performance by a superb 286%. Download performance is excellent but the quick and secure uploading of critical information is the key to user performance in e-business. As a result EB-Web responds faster to any button or tab click. For the many EB-Web users on a dial-up line, or those with many stored recurring invoice templates, the new version will greatly reduce waiting times.

The bigger upload performance increase will have the most profound effect because most users' Internet connections are much slower uploading than downloading. That means the significant acceleration of upload performance has the effect of immediately, directly and positively enhancing productivity.

These developments make EB-Web an even greater value. Like other ElectroBusiness technology advances, every user and subscriber immediately benefits. The ElectroBusiness tradition of unending development continuously improves the best secure document exchange technology at no additional cost to users.

"Our techs are always improving the ElectroBusiness service with their discoveries and refinements. This is an example of the inventive work of our team benefiting both users and shareholders," said CEO, Bryan J. Kelly.

Further technology advances and product introductions from ElectroBusiness are pending and will be announced shortly.

About EB-Web

EB-Web is a browser based invoicing tool used by vendors to submit electronic invoices to customers. This essential business tool is the e-business entry point for numerous small and medium businesses. Users can eliminate paper processing of invoices to significantly improve receivable collection and bottom lines. EB-Web opens the world of secure e-business without the need for substantial resources or technical expertise. It is part of the ElectroBusiness suite of services that lets any organization comfortably enter e-business by doing it their way at a controlled pace.

About ElectroBusiness

The ElectroBusiness secure document exchange service connects users to a secure world allowing the exchange of any type of information with any number of locations, partners, suppliers or customers. The ElectroBusiness service is easy to use, affordable and flexible, improving productivity and profits.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy of this release.

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