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Speedbit Records 40 Millionth Registered User of Download Accelerator Plus (DAP)

Globally-spread user base boosts opportunities for online subscriptions to rich media

Haifa, Israel, February 19, 2002. - Speedbit Ltd. announced today that 40 million users have registered for Download Accelerator Plus (DAP), its popular platform for delivery of rich media content over the Internet, since the program was first introduced in late 1999. DAP enhances reliable delivery of software, music, games, movies and videos over the Web, speeding the process by as much as 200% to 400% according to users' comments and professional reviews. DAP's 'organic growth' is driven strictly by word of mouth and user recommendations resulting in over 70,000 users who opt-in and register the program every day.

DAP's delivery platform is used extensively by its vast user base, delivering 9 to 10 million files daily. The program has been ranked among CNET's top PC downloads for the past two years, further evidence of DAP's popularity. DAP may be freely downloaded from the Speedbit website (www.speedbit.com).

Stepping-stone to Subscriptions for Online Delivery of Rich Media Content

"Owners of content - software publishers, record companies, film and video producers - will find an easy-to-reach market for rich media online services among DAP's globally-spread users," claimed Speedbit investor Yossi Vardi (a founding investor of ICQ, acquired by AOL in 1999.) "DAP's client-side presence on a vast number of users' desktops may be leveraged to establish viable online subscription services, both eliminating the need to develop such client-side applications from scratch and being able to reach such a large user base with it already installed."

Moreover, cooperation with Speedbit benefits content owners and content delivery networks by enabling them to make sure users are directed to the most appropriate servers at any given time. This alleviates problems with last-mile connections and reduces the cost of content distribution, while providing the user with the most efficient and reliable download experience.

How DAP works

On the Internet the same file is often hosted on numerous mirror sites, such as at universities and on ISP servers. DAP immediately senses when a user begins downloading a file and identifies those mirror sites that host it. DAP then determines which sites offer the fastest response in relation to the specific user's location. The file is then downloaded through multiple connections from the most responsive server(s). "All this results in an efficient balancing of the load among available servers, and reduces download times for users while allowing them to receive maximum benefit from their available bandwidth," said Idan Feigenbaum, Speedbit Co-founder and CTO.

In addition DAP supports several user-friendly functions such as scheduling, pause and resume.

Always Resume Features Extended

Speedbit has just lunched an extended edition of its Always Resume service, which allows users to always benefit from the program's Resume functionality - even when the source servers do not support Resume. This eliminates the need to restart interrupted downloads. Always Resume now supports any type of Internet connection and may be used to secure the delivery of much larger files, in the range of hundreds of megabytes.

About Speedbit

Founded at the end of 1999 by Idan and Yerach Feigenbaum, Speedbit is a privately held company with headquarters in Haifa, Israel. STI Ventures, an international early-stage investment company, with an emphasis on Israeli technology, together with Yossi Vardi are the key investors in Speedbit. Strategic investors in STI Ventures are Softbank, Comverse Technology and Pacific Capital Group.

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Speedbit's product Download Accelerator Plus (DAP - free download manager) & services related thereto are covered by United States Patent Nos. 6,339,785, 6,377,974 and 6,606,646. Other patents pending.