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stockit

05/23/07 9:59 AM

#8 RE: mthus #6

QED offers the only complete
multi-function solution for “Internet security”, delivering enterprise rich features and functions but due
to the service being hosted these services are within the financial budgets of SMB’s and education.

Revenue is planned to reach a profitable $10 million annualized run rate within the first year of
operation and $50 million in year 5. The business model calls for profitability and positive cash flow
by the end of the first year.