Clip2 goes down

Related link: http://www.clip2.com

According to their homepage, Clip2 is in the process of curtailing normal business operations and seeking buyers for its assets.

The company was a highly disciplined and productive group that contributed a great deal to the development of fully decentralized networking in the first year of P2P. Its signature product, the Clip2 Reflector, had the potential to make a huge improvement in bandwidth use by Gnutella users at universities and ISPs. At the same time, running the Reflector could have opened up universities and ISPs for contributory infringement charges.