Business Plan

Table of Contents Executive Summary Company Description Financials Management Investment Highlights 3 5 13 15 16 2 .

Our software enables the enterprise to deliver an employee’s most important communication channels on any Palm. We are continuing to execute on our business model with continued revenue growth and low operating expenses. The growth in mobile devices and the increase in the amount of information flowing through an enterprise’s communication channels such as email and instant messaging presents an opportunity for MobileCord’s software.3 billion in 2003. Financial. Most of our revenue is derived from license and implementation fees that are recognized after our software has been implemented.000 in cash with operating and capital lease obligations over the next three years of $450. In addition to our license and service revenue.0.000. MobileCord’s value proposition is in the increased productivity of an enterprise’s employees and the increased manageability of multiple devices and the communication channels connected to these mobile devices. Windows CE. MobileCord. voice mail and instant messaging.9 million in 2003. we are releasing MobileCord 2. According to International Data Corporation (IDC).6 billion in 2000 to 6. We are also beginning to build partnerships with IT Services and wireless service providers. IDC estimates that the number of email messages sent annually will increase from 2. As of December 31. has no debt and has not drawn down on any credit lines. MobileCord’s strength is in its strong R&D team. voice mail and messaging.0.Executive Summary MobileCord provides enterprises with a software platform for unified mobile delivery of email.0 helps enterprise IT departments address the desire of mobile employees to have a unified view of all their communication channels such as email. which supports new convergent devices’ telephony and PDA capabilities such as Short Message Service (SMS) and the Wireless Application Protocol (WAP). or RIM device. Manufacturing and Technology equipment sectors. In addition. MobileCord could expand its sales and marketing to help revenue grow at a rapid pace. In the first quarter of 2002. which has built a product in MobileCord 1. Assuming a capital raise is completed early next year. MobileCord offers its product through a direct sales force. MobileCord’s flagship product MobileCord 1. the number of worldwide handheld shipments is expected to increase from 8. while allowing the IT department to manage multiple types of devices interfacing with multiple software packages and communication channels. 2001 MobileCord had $700. 3 .1 million in 2000 to 18. Inc. We plan on offering our product to a variety of industry verticals and have already implemented our solution in the Consulting. which is already in production. we charge a monthly subscription fee on a per user basis that gives us visibility into future quarters.

054.158 (1.000 (1.020) 0 ($1.175 403.895 3.000 963. net Income Before Taxes Income Tax Provision Net Income 1.616.002.170) 4. 200x (unaudited) Actual Year 1 Revenues License Revenue Professional Services Total Revenue Cost of Revenue Total Cost of Revenue Gross Profit Operating Expenses Total Operating Expenses Operating Income Other income.000 1.000 56.862.785 275.730.000 128.296 (1.387 6.200 6.894 (1.Financial Summary The financial summary assumes a capital raise in Q3 of this year.000 192.330.406) 51.229.470.455) 30.512) 3. is a Delaware corporation with offices at the following address: 400 Harden Street Suite 200 Fairfax.544.625 (1.730. CEO and Co-Founder of MobileCord.110 687.240 (1.275.902.375 119.890 344.605 523.099 954.505.988 Company Contact Information MobileCord.500 288.000 375.902.020) 5.350.000 Estimate Year 3 $1.215 255.020) 100.753.890 $319.054.330.000 1.298) 0 ($1.470 1.670.360.000 Estimate Year 4 $3.500 Estimate Year 5 $6. See financial pages for more detail.256.251. 4 .890 0 $1.351. VA 22033 Phone: (703) 123-4567 Fax: (703) 123-4568 Questions or inquiries should be addressed to Chris Chase.700 (2.170) 100. Projected Income Statement as of December 31.298) 2.000 3.890 100.519.251.170) 0 ($1.782.000 (1.530 389.517.154.512) 0 ($1.000 Estimate Year 2 $835. Inc. The MobileCord Fiscal Year ends in December. Inc.

CE and RIM devices). as the Wireless Application Protocol (WAP). Currently. or RIM devices. the release of MobileCord 2. In addition to this direct sales strategy. Before MobileCord. MobileCord’s software platform addresses the need of enterprise employees to be in continuous contact with their communication channels.Company Description Overview MobileCord provides enterprises with a software platform for unified mobile delivery of email.0 early next year will include support for convergent devices with telephony and PDA capabilities. even when they are away from their desks. We have sold our products to a variety of industry verticals. after demonstrating more sales traction. MobileCord 1. mobile users are cut off from the enterprise communication channels they have access to while in the office. messaging) and the major mobile devices (Palm. web browser and corporate applications. despite the exponential growth in internet and wireless technologies. our business development strategy includes partnerships with system integrators and later. Market Opportunity Due to the rapid growth of the internet and corporate networks. Now MobileCord 1. Windows CE. In addition. However. MobileCord’s value proposition is in the increased productivity of an enterprise’s employees and the increased manageability of multiple devices and the communication channels connected to these mobile devices. voice mail and other messaging channels on their mobile or remote device. voice mail and instant message updates. The need for the unified mobile delivery of enterprise communication channels is grounded in the following trends: 5 .0 is the common platform between a user’s communication channels (email. Mallaber Consulting. and Gerdin Systems. Windows CE and RIM devices require different configurations and work differently with major email packages such as Microsoft Outlook and Lotus Notes. different devices and email packages required an IT Department to set up different ad hoc solutions for each type of device. MobileCord’s offering is most well received by an IT department which needs to support multiple devices while having the same access to email. For example. partnerships with device manufactures. we market our product through direct contact with Enterprises and their IT Departments. voice mail.0 can also run on one server at the company’s site as opposed to an ASP offering. A representative list of our customers includes Hemlin Manufacturing. Standish Brokerage. and email. messaging and wireless providers. and the Short Message Service (SMS) standards continue to evolve. Growing in parallel to internet and network growth is the widespread use of mobile devices and wireless infrastructure. MobileCord 1.0 provides users with a unified view of their email. voice mail. employees have access to a variety of information via email. Our software enables the enterprise to deliver an employee’s most important communication channels on any Palm. voice mail and messaging. MobileCord’s flagship product. the Palm.

According to IDC. While the number of mobile devices increases along with mobile workers and the amount of information flowing through their communication channels. Rapid increase in the number and variety of mobile devices in use within the enterprise. for a compound annual growth rate of 9%. IDC estimates that the number of email messages sent annually will increase from 2. enterprises need a comprehensive solution to manage all of the variables in delivering enterprise communication channels to mobile users. the demand for the same communication channels available at the office increases as well. Demand by mobile employees for the same communication channels they have while in the office. The use of mobile devices continues to increase within the enterprise. IDC estimates that the number of mobile professionals will increase from 10. IT Departments are expected to deliver a reliable and easy to use solution to mobile users.3 billion in 2003 for a compound annual growth rate of 34%. Since the email channel is fast becoming the primary communication channel in the workplace. new platforms such as Windows CE and RIM devices are making inroads into the handheld market.1 million in 2000 to 18.9 million in 2000 to 14. This increase in the number of mobile professionals is commensurate with the amount of information flowing through an enterprise’s communication channels. These varieties of devices also interface differently with corporate communication channels such as email and instant messaging.3 million in 2003. In addition. Demand by mobile employees for the same communication channels they have while in the office.9 million in 2003. 6 . as employees bring their personal devices from home into the workplace. for a compound annual growth rate of 33%.6 billion in 2000 to 6. Since servicing mobile users is one of many challenges for IT Departments. Pressure on enterprise IT Departments to deliver and manage mobile communication channels over multiple devices. security of corporate information on these devices is of great concern. the number of worldwide handheld shipments is expected to increase from 8. Although the Palm operating system has dominated the early stages of handheld growth. mobile access to email is becoming a priority within the enterprise.• • • Rapid increase in the number and variety of mobile devices in use within the enterprise. As the number of mobile employees continues to grow. In addition. Our solution enables an IT department to manage disparate mobile devices in an organized manner. and Pressure on enterprise IT Departments to deliver and manage mobile communication channels over multiple devices.

Enables IT Departments to easily manage the unified delivery of communication channels to mobile users. voice mail and messaging to mobile employees who use the major handheld devices such as Palm. so ad hoc solutions are not produced for each device and communication channel. MobileCord’s software can be implemented in an Enterprise infrastructure in a matter of days instead of months. for 1. MobileCord’s software increases the productivity of mobile workers by giving them access to their communication channels within the enterprise. First. We also provide our customers with continuous 7 . This task continues to be complex as each user and department has a loyalty to a device and certain functions. MobileCord also interfaces between an enterprise’s voice mail system and the handheld’s contact information to convey to the user who is contacting the user via voice mail. This quick snapshot of a user’s communication channels makes it easier for the user to stay connected and manage their work while outside the office. ad hoc manner. MobileCord enables a user to connect to their enterprise communication channels wherever they are. Second. When a user is out of the office. The responsibilities of today’s enterprise IT staff continue to grow. In some cases. For users with an “always on” wireless connection MobileCord enables the user to communicate via instant messaging on their handheld device.In customer accounts we have seen. CE and RIM devices. MobileCord enables IT staff to deliver a uniform mobile solution to users independent of their mobile device. and instant messaging on their mobile device. MobileCord enables IT Departments to easily manage the unified delivery of these communication channels to mobile users. MobileCord interfaces between the communication channel (email. without a continuous internet connection that is needed for many web mail services.000 person firms we have seen five full time equivalents in an IT department dedicating their entire time to handheld problems and solutions. We also offer training for IT staff and end users. The MobileCord Solution MobileCord provides a comprehensive solution to enterprise IT Departments that enables them to deliver email. In addition to hardware. Also. enterprise IT departments are now responsible for mobile solutions as well. MobileCord software interfaces with an email system to deliver a user’s email on any major handheld device. we offer a set of professional services for implementation and customer care. voice mail. In addition. and messaging) and the device. voice mail. MobileCord provides a user with access to email. network and software management. MobileCord Services As part of our delivery of a unified view of a mobile user’s communication channels. MobileCord provides enterprises with two major benefits. IT departments are dealing with all of the different wireless devices in an unorganized. they need a quick snapshot of who is contacting them and what important information those contacts are conveying. Increased productivity from mobile workers.

As we continue to gain sales traction we will partner with wireless providers so they can lead with our solution in integrating the software behind the enterprise user’s connection to their communication channels. we have a two-pronged strategy: • Direct sales to IT department heads through contact with our sales force via presentations. We provide a unique mobile delivery solution to the enterprise. maintenance and consulting departments that use mobile devices to check their communication channels. conferences and leads generated by marketing. Our sales force is focused on selling into IT departments that need to support large sales. Continue innovative R&D efforts. Aggressively pursue Strategic Partnerships and Business Development Opportunities. Since we provide a solution that makes it easier for Enterprise IT Department to delivery a user’s communication channels on all major mobile devices. • Partner with system integrators and device manufactures. we will move quickly in training consulting firms in how to both implement and sell our software. In targeting medium sized businesses. wireless providers more minutes of usage and give consulting firms more opportunities for implementations. One of our first steps will be to open a west coast sales office to expand our footprint throughout North America. The MobileCord Sales and Marketing Strategy Our objective is to continue to develop as a leading provider of mobile solutions for users that need access their communication channels wherever they are. We plan to continue to grow our direct sales force to leverage our solution. We plan to continue to forge partnerships with IT consulting firms who have experience in implementing enterprise applications. However. As device manufactures realize how important it is for enterprise IT departments to have a universal process in delivering communication channels to mobile users. We are positioning our product as a simplified mobile communication channel for a medium sized business with an increasingly mobile workforce that handles its own IT infrastructure. we plan to execute the following strategies: Focus on Market Segmentation. we will partner with device manufactures to make our software more tightly integrated and give our solution more visibility in the marketplace. Through contacts in our sales and business development organization. Since customers pay a monthly recurring charge maintenance and software updates are available to the customer. To achieve this objective. we will use our IT consulting partners to further our solution in Europe and Asia. Since implementation revenues are usually lower margin revenues. we do charge for specific customization if the customer requests our services. Our development team has developed and 8 . The strength of our offering is derived from the quality of research and development efforts. consulting.support for our software. we believe this will help device manufactures sell more devices. Expand our direct sales force.

0 was released in March 2001 and we made our first shipment in that same month. Voice mail applications: Octel and Meridian.will continue to develop high quality software solutions. Products and Services Our product. The release of our products and services is summarized below: Product MobileCord 1. the customer receives maintenance and additional modules that we release.0 interfaces with the following: email packages: Lotus Notes. Q1 2002 (estimate) Release Date March 2001 9 . MSN. Foster recurring revenue streams. MobileCord 2. and Microsoft Outlook Instant Messaging packages: AOL.0 and allow enterprise users to connect to their communication channels via WAP devices. our revenue visibility into each quarter will increase. Devices supported: Palm OS devices.0 will be released in 2002 to incorporate updates to MobileCord 1. Since that time we have continued to release software modules that help our software interface with new devices and software updates from major email and communication systems. MobileCord 2. we also charge a recurring revenue fee per user per month. We plan on releasing MobileCord 2. in the future we hope to bundle our services with wireless service providers and charge an increased amount per month for our services. As we continue to add new customers over time. Also. In return. Our continued development of high quality software will be important part of our increased sales going forward.0 and support for Convergent device capability such as SMS and WAP.0 in Q1 of 2002.0 Will include all functionality from MobileCord 1. MobileCord 1. This release will have greater functionality for Convergent devices. Windows CE devices and RIM Blackberry devices.0 Description Enables mobile enterprise users to access their communication channels such as: • Email • Voice mail • Instant Messaging MobileCord 1. & Yahoo!. Even though we charge an up-front licensing fee.

MobileCord Customers As of July 31. After piloting MobileCord 1. without being continuously dropped by their internet connection. we had four enterprise customers. many project managers had RIM devices for their email. MobileCord’s software also adheres to the ODBC (Online Database Connectivity). SOAP (Simple Object Application Protocol) and XML (extensible markup language) protocols to make it easy to share data among different applications. Many consultants used Palm devices to keep track of their schedules. Hence. In addition. However.0 enables IT staff to administer a mobile user’s communication channels and mobile devices with an easy to use interface. Our software is designed to operate within the Windows 2000 and Unix environments. These customers are in four different verticals: Consulting. MobileCord 1. MobileCord 1.0. but it did not interface well with their Lotus Notes system. 200x. voice mail and messaging. MobileCord 1. Some of the Palm users also had a wireless modem or internet access so they could access web mail when they could get a continuous internet connection. Mallaber Consulting had more than 1000 consultants at client sites. When MobileCord contacted Mallaber Consulting. Also. Also.0’s open architecture enables it to interface with many disparate software platforms and devices.0 provides the end user with an intuitive user interface for email. Mallaber ‘s users found it easy to use a simple.0 interfaces between the communication channel and the mobile device. MobileCord 1.Technology and Architecture MobileCord’s software was architected to be the platform for a mobile user’s communication channels.0. Consulting Mallaber Consulting Case Studies Mallaber Consulting As an IT integration firm. leverages Java and an N-Tier. Mallaber’s IT support staff found it very difficult to deliver the needed communication channels to its users and their disparate devices. this wireless connection would be lost through out most sessions. a third group used CE devices. Manufacturing and Technology Equipment. they were eager to see how MobileCord’s software could provide a unified view of a mobile users communication channels. away from their home office. Financial. Mallaber’s IT support staff was able to cut their mobile IT administration costs significantly because of the simplified administration of the mobile users and their Financial Standish Brokerage Manufacturing Hemlin Manufacturing Tech Equipment Gerdin Systems 10 . objected oriented architecture based on CORBA standards. MobileCord 1. standard interface to use email along with instant messaging and finding out who was in their voice mailbox.

Beyond 11 .different devices. the Standish IT staff was skeptical of implementing yet another enterprise software application in the face of a tightening IT budget.0 to monitor their communication channels while they are on the road and even during times they are away from their desk within their office complex. they realized they could save resources and help their account executives become more productive. All of the account executives are now using MobileCord 1. Also. After beginning the pilot implementation the IT staff could see a decline in the number of times they had to implement ad hoc solutions to help the pilot users. However. However. Standish decided to quickly role out the MobileCord solution to its entire account executive base of 350 users in New England. voice mail and instant messaging and does not focus on complex enterprise applications that Wireless Application Service Providers (WASPs) and other third party vendors deliver to mobile users within the enterprise. our solution is more robust and handles all communication channels of email. Mallaber is in the process of rolling out their pilot MobileCord implementation to 50 users. Many times this involves visits to client’s businesses or homes. Also. instant messaging and voice mail unlike our competitors. Vortal Messaging and Wireless Emailer. We will also begin to share leads and begin to try and win deals together. MobileCord is focused on simplifying mobile email. However. We also plan on working with IT service firms with specific vertical expertise along with wireless service providers and the device manufacturers themselves. Standish Brokerage Standish Brokerage is a full service brokerage with many high net worth individuals as customers. it was difficult for Standish’s overworked IT staff to deliver a consistent solution with the different devices of its mobile users. Strategic Relationships MobileCord currently has a Strategic relationship with Mallaber consulting to cross-sell our solutions to each other’s customer base. A few of our main competitors include ABC Logic. Mallaber Consulting has been so impressed with the software. Standish differentiates itself from many other Brokerages with its consistent with contact with clients. Competition MobileCord’s software product addresses a relatively new market of unified delivery of mobile communication channels. After being contacted from a representative from MobileCord. after seeing the MobileCord solution work in practice. While on the road it was imperative for account executives to be in touch with their communication channels. Mallaber and MobileCord have signed a partnership agreement to cross sell into their client base. the Account Executives found they were able to quickly glance at their mobile device at the end of meetings to prioritize how they would use their time between meetings most effectively. which only focus on one area.

Intellectual Property Our Intellectual Property is an important part of our success. 12 . We have filed two patents for our unified delivery of a mobile users communication channels. Employees As of December 31. However.MobileCord’s competitors mentioned above. we face additional competition in “home grown” solutions produced by IT Departments within the enterprise. 3 in Sales and Marketing. 200x we employed 14 full-time employees. we believe the majority of these solutions do not address an enterprise’s entire mobile user base within a solution that can be easily maintained. and 2 in Administrative positions. 2 in Professional Services. We also enter into license agreements with all of our customers. This included 7 employees in Research and Development.

785 8.299) 0 ($375.000 Actual Q3 Yr 1 $92.985 67.000 128.190 116.000 165.215 255.373 206.110 687.691) 19.000 24.333 1.897 89.686 137.240 (1.Financials Income Statement Assumptions: • Expect to sell 7 licenses in year 1. • Average license sells for $40.804) 0 ($378.125 34.000.201) (603) (378.130 1.728 8.333 444.330.296 8.247) 9. • 16 licenses represents 0.000 963.360.000 375.000 Actual Q4 Yr 1 $141.406) 51.455) 30.019.331 (378.897 89.296 (1.760 275.000 102.890 69.442 (302.333 283.481 33.330.249) 0 ($302.261 50.950 42.946) 139.000 businesses in the US with more than 500 employees.025 119.000 2.782.805 758.158 (1.728 8.294 1.950 41.331 (321.470. • Beginning operation with $1 million in founder and angel money.373 206.894 (1.512) 0 ($1.897 89.249) 487. • Assuming nearly 100% growth in revenue in Years 3.000 108.000 Estimate Year 2 $835.621 336. net Income Before Taxes Income Tax Provision Net Income $0 0 0 Actual Q2 Yr 1 $86. Historical and Projected Income Statement as of December 31.333 444.946) 0 ($273.410 40.000 16.741 468.000 16.316) 2.931 67.1% of the 16.017 (375.299) 139.512) 13 .360 122.616.804) 139.350 266.870 66.000 Actual Year 1 $319.000 56. • Including angel funding capital needs are estimated at $7 million until the company reaches profitability. • Assumes capital raise of $3 million in Q3 of the first year. and 16 licenses in year 2.301 (273. Recurring charge per user per month is $10.000 0 0 0 0 860 34.730.730. • Average of 50 users per customer.298) 0 ($1.331 (377.728 8. 200x (unaudited) Actual Q1 Yr 1 Revenues License Revenue Professional Services Total Revenue Cost of Revenue Cost of Licenses Cost of Services Total Cost of Revenue Gross Profit Operating Expenses Sales and Marketing Research & Development General & Administrative Depreciation Total Oper Expenses Operating Income Other income.4 and 5.333 444.373 206.247 (283.015 920 40.640 3.298) 932.

000 5.350 75.229.000 963.396.330.110 687.020) 2.000 375.500 288. 200x (unaudited) Actual Year 1 Revenues License Revenue Professional Services Total Revenue Cost of Revenue Cost of Licenses Cost of Services Total Cost of Revenue Gross Profit Operating Expenses Sales and Marketing Research and Development General and Administrative Depreciation Total Operating Expenses Operating Income Other income.000 Estimate Year 3 $1.074 75.019.616.805 758.000 192.988 487.544.063.000 2.350 266.890 100.170) 0 ($1.200 6.519.500 Estimate Year 5 $6.445 354.455) 30.902.148.000 56.190 116.250 1.890 27.025 119.099 954.025 1.251.215 255.333 1.621 336.782.823.054.512) 0 ($1.000 1.350.170) 1.000 Estimate Year 2 $835.000 4.294 1.351.902.228.000 3.741 468.605 50.890 14 .261 50.000 Estimate Year 4 $3.360.275.175 403.470 1.862.000 1.000 128.500 651.000 (1.5 year Projections Projected Income Statement as of December 31.700 (2.240 (1.158 (1.730.512) 1.540 344. net Income Before Taxes Income Tax Provision Net Income $319.890 0 $1.517.054.730.375 3.470.387 6.700 75.396.450 389.895 3.894 (1.251.500 1.170) 100.406) 51.530 35.020) 0 ($1.154.020) 100.000 3.298) 932.650 472.736 523.625 (1.614 1.670.772.481 33.753.298) 0 ($1.930 316.000 (1.296 (1.785 8.760 275.595.002.505.411 1.256.330.

cofounded MobileCord in December 2000. Wiggins was Chief Technology Officer at Iroquois Software from August 1997 to October 2000. At Parmalee Software. Mr. the Chairman of the Board and Chief Executive Officer. s Theodore Wiggins. Francis was Vice President of Sales at Parmalee Software from August 1998 to January 2001. Ms. Loberg was CEO of Loberg Tool and Die before it was sold to Ullock Manufacturing in July 1997. Mr.Management Name Christopher Chase Theodore Wiggins Stacey Francis Eric Loberg Position Chairman and Chief Executive Officer President and Chief Technology Officer Vice President of Sales Director Age 36 35 32 42 Christopher Chase. 15 . s Stacey Francis. Chase has a master’s degree in computer science from the University of Virginia and a bachelor' degree in engineering science from UCLA. and a Senior Developer from June 1991 to July 1997. Since November 1997. Mr. While at Lyle Networks. Iroquois increased its revenue 40% while growing profit margins from 10% to 25%. Before cofounding MobileCord. Francis received her MBA from the University of Texas and a bachelor’s degree in economics from Columbia University. During Mr. From July 1994 to July 1998. Eric Loberg has been a Director of MobileCord since January 2001. and Senior Developer from January 1991 to June 1994. Previously to MobileCord. the President and Chief Technology Officer. Mr. Previous to Lyle Networks. Previous to NewSeed Capital. Loberg has served as the General Partner of NewSeed Capital. and member of the Board of the Directors co-founded MobileCord in December 2000. Ms. Mr. Before co-founding MobileCord. Wiggins has a master’s degree in computer science from the University of Virginia and a bachelor' degree in computer science from the University of Washington. Chase’s tenure as COO. a Senior VP of Development from July 1994 to December 1996. Chase was a Chief Operating Officer at Iroquois Software from January 1997 to October of 2000. the Vice President of Sales began at MobileCord in February 2001. Ms. Francis was the Northeast Regional Sales Manager for Lyle Networks. Stacey managed a 20 person sales force while growing annual revenue from $10 million to $25 million. Stacey grew revenues at 60% per annum. Mr.

Manufacturing and Technology sectors. voice mail and instant messages. CE and RIM devices). MobileCord 1. We launched our flagship product. into production in March of 2001. Enterprise users demanding access to their communication channels. Software Successfully in Production with Enterprise Users. We have over a decade of experience in developing robust and flexible software applications. Experienced Management Team. Recurring Revenue Model. In addition to a modest perpetual licensing fee. messaging) and the major mobile devices (Palm. Now MobileCord 1. We have also managed large companies and divisions before. Access to email. 16 .Investment Highlights Many device. MobileCord charges a user subscription fee for its software. These recurring fees give MobileCord significant revenue visibility going into future quarters. we project positive cash flows in December of 2002. Low Cash Burn. MobileCord enables the user to connect to their enterprise communication channels with their own device in a convenient way. Before MobileCord.0 is the common platform between a user’s communication channels (email. sales and software development. with responsibilities in operations. The Palm. making financial results less volatile. while allowing users untethered access to their communication channels. voice mail and instant messaging is now a necessity for mobile enterprise users.0. An IT department needs to support multiple devices while maintaining the same user access to email. Even in a difficult economic environment. Windows CE and RIM devices require different configurations and work differently with major email packages such as Microsoft Outlook and Lotus Notes. voice mail. Users also need their enterprise systems to conform to the device they are most comfortable using. MobileCord has continued to drive sales and keep operating expenses to a minimum. multi-platform mobile enterprise requires common solution for enterprise communication. different devices and email packages required an IT Department to set up different ad hoc solutions for each type of device. We have sold our products to companies in the Financial. Our product is helping enterprises reduce costs within IT Departments. Assuming a reasonable capital raise of $5 million.

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