Raindance to Present at Raymond James Financial 23rd Annual Institutional Investors Conference

Raindance to Present at Raymond James Financial 23rd Annual Institutional Investors Conference

		RAINDANCE COMMUNICATIONS LOGO Raindance Communications, Inc. logo. Media contact: Anne Greenhaw of Evoke Communications, 800-878-7326, ext. 2805, agreenhaw@evoke.com. (PRNewsFoto)[TC EM] LOUISVILLE, CO USA

LOUISVILLE, Colo., Feb. 27 /PRNewswire-FirstCall/ -- Raindance Communications(TM) (Nasdaq: RNDC), a leading provider of integrated, reservationless web and phone conferencing services, today announced that its president and chief executive officer, Paul Berberian, will present to the investment community at the 23rd Annual Raymond James Financial Institutional Investors Conference. The formal presentation will highlight Raindance's operating fundamentals, as well as how the company, despite the economic downturn, is continuing to see growing demand for its services from customers in existing and new industries. A 30-minute breakout session will follow the presentation. (Photo: http://www.newscom.com/cgi-bin/prnh/20010515/LATU088LOGO ) Where: Hyatt Regency Grand Cypress Resort, Room G, in Orlando, Florida When: Wednesday, March 6, 2002 at 8:05 a.m. Eastern Time As previously announced, Raindance has increased its full year revenue guidance for 2002 to $55 to $57 million from $53 to $55 million, an estimated growth of at least 40% over 2001 revenue. The company expects revenue in the first quarter of 2002 to be between $13.0 million and $13.5 million. In addition, Raindance is projecting to end 2002 EBITDA positive by approximately $5 million, excluding stock-based compensation and other charges, although it currently expects to report net losses for 2002. About Raindance Communications Raindance Communications, Inc. (Nasdaq: RNDC), is a leading provider of integrated web and phone conferencing services that make everyday meetings more productive. Raindance's convenient, reservationless Web and Phone Conferencing service provides greater flexibility and reliability, increasing the efficiency of remote meetings. Web Conferencing Pro increases participant interactivity and improves the bottom line by allowing users to conduct engaging remote meetings and seminars without the expense of travel. Raindance's proprietary architecture integrates leading-edge technologies into a single convergent communications platform that has been selected by leading businesses to increase productivity and strengthen business relationships. For more information visit http://www.raindance.com or call 800.878.7326. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. This release contains plans, intentions, objectives, estimates and expectations that may constitute forward-looking statements. Forward-looking statements in this release include, but are not limited to: our expectations regarding future growth and financial performance, including our belief that our new service will positively impact our revenue and margin growth; increasing usage of our services; our estimates for revenue and EBITDA in 2002; and all additional statements that confer or infer future demand for our services or positive operating results from the provision of these services. These statements are subject to risks and uncertainties, which could cause future events to differ materially. These risks and uncertainties include, but are not limited to, risks with respect to our ability to properly forecast operating results; recent changes in the economy and its effect on our business; changes in our marketplace and in communication services technology; competition from existing and new competitors; pricing pressure; our ability to retain existing customers and increase their usage of our services; and our ability to successfully deliver our services. We may not be able to address these risks, and accordingly our financial performance and stock price may be adversely affected. For a detailed description of additional factors that could cause actual results to differ materially from those contained in the forward-looking statements can be found in our filings with the Securities and Exchange Commission, including our Form 10-Q filed on November 14, 2001. Copies of filings made with the SEC are available through the SEC's electronic data gather analysis and retrieval system (EDGAR) at http://www.sec.gov. All forward-looking statements made in this press release are made as of the date hereof, and we assume no obligation to update the forward-looking statements included in this document. Raindance and Raindance Communications are trademarks of Raindance Communications, Inc.