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Re: None

Monday, 02/11/2008 5:44:17 PM

Monday, February 11, 2008 5:44:17 PM

Post# of 249374
companies mentioned in presentation

Sks mentioned the following as examples of companies that have adopted FDE and, I believe ERAS:

A large Dairy Producer
The Ministry of Defense of a country in the E. U.
The U. S. Army
The U. S. Secretary of Defense
A large tech manufacturer
A number of law firms
A 150,000 seat company that is in the beginning stages of rollout.

The 85% rate was not ERAS purchases. It was an "attach rate," of which, he commented that if 50% then upgrade to ERAS it would result in a good revenue stream for Wave.

What the heck is an attach rate?

Overall, enough progress mentioned that we should see an interesting Q1.
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