HUNTINGTON BEACH, CA--(Marketwire - June 7, 2010) -  CosNet Inc., a profitable web conferencing startup, today launched Freebinar, a free webinar service that allows anyone to conduct a webinar instantly, with simply a web browser. Ideal for small-to-midsize businesses and nonprofit organizations, Freebinar is delivered over CosNet's proven Software as a Service (SaaS) platform, which has been scaled and profitable for four years.

"Entrepreneurs, small-business owners and nonprofits asked us for a free web conferencing service without limits," said Costin Tuculescu, president and CEO, CosNet. "Competitors limit features, max out attendance at 20 participants and use their free applications to up-sell for premium paid versions. By displaying targeted ads, we're able to offer a truly free webinar service. Freebinar users never have to pay for online meeting services or settle for limited features. Using other platforms offering similar features, a company could spend $1,200 per year or more."

With Freebinar, web conference hosts can conduct online meetings with up to 150 attendees and manage their events with easy-to-use invitation and registration forms. Plus, Freebinar offers hosts free telephone conferencing and customer support. In addition, the simple interface does not require attendees to download software.

Now emerging from beta testing, Freebinar counts more than 2,600 business owners, professionals and nonprofit operators as customers.

"I've used GoToMeeting and Dimdim, and neither compared to the quality of Freebinar," said Jes Coolbaugh of Colorado-based Jes C. Productions. "The screen-sharing application is far superior to any others I've used, and my attendees raved about it."

To learn more, connect on Twitter and Facebook or visit www.freebinar.com.

About Freebinar

Freebinar is a free webinar service created by Huntington Beach, Calif.-based CosNet Inc., a web conferencing developer and provider. Built on CosNet's proven Software as a Service platform, Freebinar's services exceed any other free webinar applications on the market. Webinar hosts can invited up to 150 attendees per meeting with no meeting-time restrictions. With free customer service, Freebinar is the best choice for businesses ready to hold an online meeting. To learn more, visit www.freebinar.com.

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