2012-05m-20d @792.50
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Ebeats primary goal is to simplify the way people in different time zones communicate about time, mostly by eliminating time zones altogether. The idea is not unique, Swatch Internet Time was the primary influence of ebeats, the main difference being ebeats are not based on the time at Swatch headquarters (GMT+1).
Swatch Internet Time (or beat time) is a decimal time concept introduced in 1998 and marketed by the Swatch corporation as an alternative, decimal measure of time.
Instead of hours and minutes, the mean solar day is divided up into 1000 parts called ebeats. Each beat lasts 1 minute and 26.4 seconds.
Further granularity (decibeats) were not seen necessary as ebeats is meant to be a social time reference, not a replacement for scientific time as measured by current time implementations. It's for meetings with people across time zones, not measuring the duration of thermonuclear reactions.
There is only a single timezone, UTC (Universal Coordinated Time), also known as Greenwich Mean Time (GMT) and colloquially as Zulu.
Ebeats are the same throughout the world, and there is no observation of daylight savings.
"@248" indicates a time 248 ebeats after midnight, equivalent to a fractional day of 05:57:07.2 UTC.
This site uses the Gregorian calendar, in Year-Month-Day order, separated by hyphens with the month and day noted by the m and d suffix. (2012-05m-20d)
More information on Swatch Internet Time can be found at Wikipedia