Foldera Launches Highly-Anticipated Organization/Collaboration Web Service

HUNTINGTON BEACH, Calif. - Foldera, Inc. (OTCBB:FDRA), the only free, open and easy-to-use web-based organizer and messaging/collaboration service, today announced an official "Go Live" date of June 19th, 2006.

Heavily anticipated since the incredibly successful public demonstration in March of this year, Foldera has well in excess of 10,000 businesses requesting well over a million user seats for their free organization, messaging and collaboration service.

For millions of business people the daily grind of sorting and filing documents, email messages, and other work and trying to keep themselves and their teams organized and on the same page is a thankless, painful and nearly impossible task.

Although many "productivity" and "organization" applications have been developed to solve this problem they all suffer from a common flaw; at the end of the day the individual still does the sorting and filing -- not the software.

Studies show that knowledge workers spend as much as 2 hours a week simply sorting and filing their email and other documents. That's 125 hours per person per year, lost filing email.

"All this sorting and filing is a terrible waste of time," said Richard Lusk, Founder and CEO of Foldera. "With traditional software solutions the individual does the sorting and filing after the fact. In contrast Foldera does the sorting and filing automatically and we do it while you work."

While CEO Richard Lusk cautions that the large numbers of registrants represent an indication of interest at this time and not actual users on the system, he goes on to say that the management team at Foldera has been very pleased by the high level of interest expressed and looks forward to seeing the businesses that have registered becoming fully active in the near future.

According to Danny O'Shea, Foldera's Chief Experience Officer: "We'll be distributing the account credentials to every business that registered in the order in which we received those registrations and anticipate that everyone will have access to their own Foldera account within the coming weeks."

Foldera's high-growth business model includes generation of revenue from multiple sources and channels, including embedded search and contextual advertising, and the sale of a number of premium services including extra data storage, SMS notifications, Lead generation and custom domain hosting.

About Foldera(TM), Inc.

Foldera(TM) is the free, secure and easy-to-use service that instantly organizes workflow. Foldera combines web-based email, instant messaging, document manager, task manager, calendar, contact manager and sharable folders into a unified productivity suite, available with a single login from any web browser. Foldera also has the unique ability to instantly sort and file your sent and incoming email, instant message dialogs, documents, tasks and events into folders, on a project-by-project basis, chronologically and in real-time.

Foldera's proprietary technology differs from competing collaboration products in a number of important ways:

-- Easier and faster to set-up and use

-- Organizes activities, teams and information automatically

-- Enables participants to communicate specifically in the context of each project and activity

-- Archives everything instantly

-- Notifies all participants of changes automatically and at the same time

-- Secures critical information instantly

-- Accessible remotely from a single centralized location on the Web

-- Enables participants to manage multiple projects, teams and information from one interface

-- No hardware or software to buy or maintain

-- Free to users

Foldera expects to generate revenues from the sale of premium services such as extra data storage and from embedded search and contextual advertising. Founded in 2001, Foldera is a publicly traded company (OTCBB:FDRA) headquartered in Huntington Beach, California.

For more information or to sign up for service, visit http://www.foldera.com.

For investor-specific information about Foldera, including recent news and stock price data, please visit http://www.trilogy-capital.com/tcp/foldera/quote.html. For General Investor Information, please visit http://www.trilogy-capital.com/tcp/foldera/.

This press release includes a number of forward-looking statements that reflect our management's current views with respect to future events and financial performance. Forward-looking statements include, but are not limited to, statements that are not historical facts, and statements including forms of the words "intend," "believe," "will," "may," "could," "expect," "anticipate," "plan," "possible" and similar terms. Actual results could differ materially from the results implied by the forward-looking statements due to a variety of factors, many of which are discussed throughout this press release and in our SEC filings. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly release any revisions to these forward-looking statements that may reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, unless required by law. Factors that could cause actual results to differ materially from those expressed in any forward-looking statement made by us include, but are not limited to:

-- our ability to finance our activities and maintain our financial liquidity;

-- unexpected resistance to the adoption of our product offering;

-- changes in consumer preferences or trends;

-- competitive offerings; and

-- our ability to develop a strong brand identity.