Business Proposal

MobileCord provides enterprises with a software platform for unified mobile

delivery of email, voice mail and messaging. Our software enables the enterprise to

deliver an employee’s most important communication channels on any Palm, Windows

CE, or RIM device. 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. MobileCord’s flagship

product MobileCord 1.0 helps enterprise IT departments address the desire of mobile

employees to have a unified view of all their communication channels such as email,

voice mail and instant messaging, while allowing the IT department to manage multiple

types of devices interfacing with multiple software packages and communication

channels.

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. According to

International Data Corporation (IDC), the number of worldwide handheld shipments is

expected to increase from 8.1 million in 2000 to 18.9 million in 2003. In addition, IDC

estimates that the number of email messages sent annually will increase from 2.6 billion

in 2000 to 6.3 billion in 2003.

MobileCord’s strength is in its strong R&D team, which has built a product in

MobileCord 1.0, which is already in production. We plan on offering our product to a

variety of industry verticals and have already implemented our solution in the Consulting,

Financial, Manufacturing and Technology equipment sectors. MobileCord offers its

product through a direct sales force. We are also beginning to build partnerships with IT

Services and wireless service providers. In the first quarter of 2002, we are releasing

MobileCord 2.0, which supports new convergent devices’ telephony and PDA

capabilities such as Short...