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Re: thepennyking post# 46

Wednesday, 02/18/2004 8:45:17 PM

Wednesday, February 18, 2004 8:45:17 PM

Post# of 88
THE GROWTH OF OUR BUSINESS SUBSTANTIALLY DEPENDS ON OUR ABILITY TO SUCCESSFULLY

DEVELOP AND INTRODUCE NEW SERVICES AND FEATURES IN A TIMELY MANNER.


We acquired our Web collaboration, Web conferencing and virtual classroom software in November of 2002. With our focus upon that product suite our growth depends on our ability to continue to develop new features, products and services around the iLinc suite and line of products. We may not successfully identify, develop and market new products and features in a timely and cost-effective manner. If we fail to develop and maintain market acceptance of our existing and new products to offset our continuing development costs, then our net losses will increase and we may not be able to sustain profitability on a consistent basis.


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