EXHIBIT 99.1
j2 GLOBAL COMMUNICATIONS AND EFAX.COM ANNOUNCE ADJOURNMENT OF THEIR RESPECTIVE
STOCKHOLDER MEETINGS RELATING TO THEIR PROPOSED MERGER
HOLLYWOOD and MENLO PARK, California (November 22, 2000) - j2 Global
Communications, Inc., formerly JFAX.COM, Inc. (NASDAQ: JCOM), and eFax.com
(OTCBB:EFAX) today announced the adjournment of their respective stockholder
meetings, which were scheduled to be held on November 22, 2000, relating to
their proposed merger. The meetings of the two companies are scheduled to be
resumed at the Hollywood Roosevelt Hotel, 7000 Hollywood Boulevard, Los
Angeles, CA 90028 on November 29, 2000 at 10:00 a.m., local time, to consider
the merger proposal and other matters reflected in the companies' joint proxy
statement/prospectus that was mailed to stockholders on or about October 23,
2000. The merger is subject to approval by the companies' respective
stockholders and other closing conditions, some of which conditions remain to
be satisfied.
The eFax.com stockholders meeting, which was scheduled to be held first, was
adjourned because a quorum was not present. Approximately 43.7% of the total
outstanding shares of eFax.com common stock was represented at the meeting,
which was less than the majority of such shares required to be present. The
holders of approximately 98.4% of the shares of common stock represented at the
meeting (representing approximately 43.1% of the total outstanding shares of
eFax.com common stock) have delivered proxies voting in favor of the merger.
After the eFax.com meeting was adjourned, the j2 Global meeting was also
adjourned.
ABOUT j2 Global Communications
- ------------------------------
j2 Global Communications is an Internet-based provider of messaging and
communications services to individuals and businesses throughout the world. j2
Global was established in 1996 as JFAX.COM and underwent a name change in July
2000 to reflect its expanded services and subscriber base. The j2 Global
network covers over 130 different locations, in 14 countries, spanning 4
continents. The Company's innovative reputation and spirit have made it a
leader in the way people communicate from any phone or Web-enabled device. j2
Global is headquartered in Hollywood, California.
ABOUT eFax.com
- --------------
eFax.com is a provider of Internet communication services, and has delivered
unique telephone numbers to 2.3 million members. The Company continues to
expand its range of solutions beyond its initial offering of the world's first
free fax-to-email service. The Company markets its Internet services via its
own eFax.com web site and through affiliates and co-brand partners, including
Travelocity.com, Network Solutions, WebTV, Buzzsaw.com, fortunecity.com,
FindLaw, and AllBusiness.com. eFax.com is headquartered in Menlo Park, Calif.
Safe Harbor for Forward-Looking Statements: Certain statements in this news
- ------------------------------------------
release constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements involve risks and uncertainties that could cause actual results to
differ materially from projected results. Forward-looking statements include
statements about efforts to solicit shareholder approval for the proposed
merger and other statements of a non-historical nature. Actual results may
differ from projected results due to various risk factors including factors set
forth in the companies' respective filings with the Securities and Exchange
Commission.
Notice of Registration Statement: j2 Global has filed a registration statement,
- --------------------------------
which contains a joint proxy statement/prospectus of j2 Global and eFax.com,
and other documents with the Securities and Exchange Commission. INVESTORS AND
SECURITY HOLDERS ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND ANY
AMENDMENTS THERETO AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC BECAUSE THEY
CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to
receive the joint proxy statement/prospectus and other documents free of charge
at the SEC's web site, http://www.sec.gov and from j2 Global Investor Relations
at 6922 Hollywood Boulevard, Hollywood, California 90028.
(C) 2000 JFAX.COM, Inc. All rights reserved.
j2 Press Contact: j2 Investor Contact:
- ---------------- -------------------
Laura Hinson Scott Turicchi
PR Manager J2 Global
j2 Global Communications, Inc. Communications
Hollywood, CA 323-860-9408
(323) 860-9435 sturicchi@j2.com
lhinson@j2.com
Mary Jo Draper
Ink, inc. PR
Kansas City, MO
816-753-6222
mjdraper@inkincpr.com
eFax.com contacts, media and investor relations:
- -----------------------------------------------
Todd Kenck
eFAX.com
Menlo Park, CA
(650) 688-6810
toddk@efax.com
4