Freei

In this article, we will explore the fascinating world of Freei, a topic that has captured the attention of people of all ages and backgrounds. Whether we are talking about the life and achievements of Freei, the impact of Freei on contemporary society, or the future implications of Freei, this topic is sure to generate passionate debate and reflections of all kinds. Throughout this article, we will dive into different aspects of Freei, examining its importance, challenges, and potential opportunities. No matter what your point of view on Freei, we are sure you will find this article informative, entertaining and insightful.
Freei Networks, Inc.
Company typePublic
Nasdaq: FREI
IndustryOnline Internet service provider
FoundedDecember 1998 (1998-12)
FounderRobert McCausland
DefunctOctober 2000 (2000-10)
FateBankruptcy
HeadquartersFederal Way, Washington United States
Area served
United States
Key people
Bob McCausland (CEO)
Naveen Jain (director)
ServicesFree Internet Access
Number of employees
365

Freei Networks, Inc. (also known as Freei.net, FreeInternet.com) was a free internet service provider from 1998-2000. In 2000, FreeInternet.com was acquired by United Online, Inc. (owner of NetZero, Juno, Classmates.com and others). In 2008, United Online re-launched FreeInternet.com as a Web site dedicated to free and discounted retail offers.

Services

Freei provided a free alternative ISP, allowing users to anonymously log on to the internet using the Freei software and dialer. It reached over 2 million registered users nationally by 1999, and 3.2 million by the summer of 2000. In lieu of a subscription fee, the software displayed ads on the user's computer.

IPO filing

Freei filed for an IPO on March 31, 2000. It went public on the Nasdaq under ticker symbol FREI.

Bankruptcy

On October 9, 2000, Freei filed for bankruptcy after laying off 30% of its workforce. One week later, on October 16, 2000, the rest of the workforce was laid off and the corporate headquarters in Federal Way, Washington was permanently closed. In early November 2000, Freei's remaining assets were sold at auction.

References

  1. ^ "SEC".
  2. ^ Freei.Net Offers Comprehensive New Portal Featuring Services From InfoSpace.com, Business Wire, January 17, 2000
  3. ^ "SEC".

External links

Wikious
Boobota
Sagapedia