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Netscape Communications Corp., of Mountain View, Calif., is putting its purchase of Mechanicsburg, Pa.-based Insoft Inc. to rapid use. Last week the Internet software company put Atlas Preview Release 1 up on its Web site at http://www.netscape.com. Atlas, which will become Netscape Navigator 3.0, will give users the ability to click a button and talk to each other over the Internet. The company plans to embed Insoft's audioconferencing product, CoolTalk, in the browser software. Atlas also will incorporate InSoft's Chat Tool and Shared Whiteboard for group audio conferencing with live document editing and collaboration capabilities. Running Atlas with CoolTalk requires a personal computer running a 32-bit Windows operating system, sound card, microphone and speaker. Meanwhile, Netscape competitor Redmond, Wash.-based Microsoft Corp. plans to build a framework of audio and video standards instead of going with a single phone product embedded into its browser, Internet Explorer, said Microsoft product manager Charles Fitzgerald. "If you notice, Netscape sort of slinked into our announcement at the last minute," Fitzgerald said. By incorporating CoolTalk into Atlas, however, Netscape users will not be limited to using only that Internet phone product with Navigator. (Microsoft, 206/882-8080; Netscape, 415/254-1900.)