And finally we get to the bottom of the reasons for PhotoPoint's outage over the weekend. Pantellic Software Inc., the original creator of PhotoPoint.Com have bought the site back from Sherwood Partners, Inc., the Assignee for PhotoPoint Corp (USA) - whose offices in San Francisco are now closed. ...PhotoPoint Corp. (USA) acquired the PhotoPoint.com web site in 1999. Since that time, Pantellic has performed the development and hosting of PhotoPoint.com, while PhotoPoint Corp was responsible for business development, sales and marketing. These functions will now be handled exclusively by Pantellic, who will be retaining the services of some of the former PhotoPoint Corp employees and maintaining many of its partners...

Official press release:

Pantellic Software Announces Acquisition Of PhotoPoint.Com Web Site

Top Photo Sharing Website Continues Under New Ownership

Halifax, Nova Scotia - July 17, 2001 - Pantellic Software Inc., the original creator of PhotoPoint.com, the most popular photo sharing website in the world, has acquired the PhotoPoint.com web site from Sherwood Partners, Inc. (www.shrwood.com), the Assignee for PhotoPoint Corp (USA). The PhotoPoint.com site will continue under the new management, ensuring that members will have ongoing access to their personal photo albums.

"It's very exciting for us to have the rights to PhotoPoint.com, but it's pretty much business as usual since we've been operating the site on contract all along," says Dale Gass, CEO of Pantellic. "Making PhotoPoint.com the best place in the world to store and share your photos continues to be our number one goal."

PhotoPoint Corp. (USA) acquired the PhotoPoint.com web site in 1999. Since that time, Pantellic has performed the development and hosting of PhotoPoint.com, while PhotoPoint Corp was responsible for business development, sales and marketing. These functions will now be handled exclusively by Pantellic, who will be retaining the services of some of the former PhotoPoint Corp employees and maintaining many of its partners.

"Our plan is to build on the strong relationships that PhotoPoint Corp has established with companies like Sun MicroSystems and Epson America, while forging new partnerships and allegiances to continue the ongoing success of PhotoPoint.com," says Gass.

Gass says the management team at Pantellic plans many new features and services that members have been requesting. "Pantellic is very member-oriented; our greatest asset is our members. We'll be working diligently to make sure they're happy in the months and years ahead."