Freebinar Targets Web Conferencing Market

Huntington Beach-based Cosnet, a developer of web conferencing software, said this week that it has launched a new, free webinar service called Freebinar. According to the firm, it will offer free, unlimited webinars for up to 150 attendees, by using online advertising to offset the cost of the service. The firm is targeting small-to-midsize businesses and nonprofit organizations with the webinar service. Freebinar just emerged from beta, and said it has 2,600 users in the service. The company is headed by Costin Tuculescu.