The product was developed by Peak Technologies (changed in 1997 to PeakSoft Multinet Corp.[1]) in 1996 and released in November 1996 at COMDEX[2] in Las Vegas, Nevada.
NetJet was derived from the ExpressO Java Server designed and developed by Charles T. ("Chuck") Russell[4] the founder of Innovative Desktop Inc.[5] a Delaware corporation acquired by Peak Technologies in June, 1996.
NetJet features provided better response time and enhanced download speeds for web browsers by performing work in the background.
"[8] At that time link prefetching was causing a number of HTTP requests to be delivered to each website the browser visited.
While this increased browsing speed for the user it did cause web server traffic to be magnified, much to the concern of website administrators.