Under the Radar Presentation

November 12, 2008

confidential

What is Phonevite?

Phonevite is the Award-Winning, Most Popular, Easiest to Use, One-to-Many Calling Service

featured in:

Thousands of organizations and individuals use Phonevite to instantly record a message and send it to tens or thousands of people over the phone & at once

Used today by: Schools Boy Scouts / Girl

Scouts Churches / Youth Groups Sports Leagues Non-Profit Organizations The Red Cross Small Businesses (voice CRM) , , Medical Offices Utility Companies Government Agencies Individuals

Quick Demo - Phonevite To Go

http://www.youtube.com/watch?v=C_IZoF7W2Wc

Phonevite TeamJohn Nahm, Co-Founder/CEO

Former Sr. Product Mgr / Bizdev Mgr, Dialpad (VoIP start-up acquired by ahoo! in I in 2005)

Launched Award-winning Dialpad Premium Svcs.

Founder/Director, Oceans International VP Corporate/Int’l Banking, US Bancorp. Deloitte Co Consulting UN - Latin America Development Master’s & B.A. Economics

Kalvin Kim, Co-Founder/CTO Former Director of Engineering,

Dialpad (acquired by ) Founding Member of Dialpad Developed core VoIP platforms and

clients, now used by Yahoo! Messenger & Yahoo! Voice

Sr. Software Engineer, Serome Technology, parent company of Dialpad

BSc. Board of Advisors Michael Jones, Founder/SVP of Userplane/AOL ( acquired

Userplane) Peter Pham, CEO of Billshrink, former VP Bizdev of Photobucket (acquired

by Fox Int.) Taek Kwon, Partner TPG, , former CEO Friendster, COO Citysearch, CTO

Hotwire Jay Eum, Founder/Director Trans-Link Capital, former US Head of XG-Ventures – Ex- rs Pietro Dova, Andrea Zurek, David Lee, Greg

Lee

Phonevite Growth

Jan Feb Mar Apr May Jun Jul Aug Sep Oct

Users/Calls/Revenues growing exponentially

Projected to do over 3 million calls and $100K per month next year

Virtually no marketing – growing virally through Free-mium Service

Margins consistently over 60% (even after factoring cost of Free calls)

Actual Growth Graph - Users

Market Opportunity Alerts & Notifications - a $1.2

billion market (e.g. NTI Group, focused on alerts/notifications for schools & governments.,was acquired by BlackBoard Group, for $200MM on $30MM revenues in 07)

Voice/Text CRM Communications (e.g. airlines flight info, order status, medical appointment reminders) increasingly becoming important part of $10.9 billion CRM market

Voice/Text Marketing – Telephone Marketing – a $46.1 billion market (more than twice the size of Internet Marketing) – but consumers tired of intrusive, non-compliant calls

Phonevite Advantages

Cost/Price Structure – less than half our major competitors’ (we are the only company providing an unlimited FREE service)

Flexible/Scalable Technology – leveraging our pioneering background in VoIP/Web; Infrastructure built from the ground up without reliance on third party solutions/integration

Brand - Fast becoming the most well-known brand/service for voice broadcasting/automated calling

Deep Regard for Privacy/Compliance – Tight safeguards and careful roll-out of new services

Phonevite High-Level Plan

Alerts & Notifications – Tap/Capture Alerts & Notification Market Share by offering a significantly lower-cost,/free, simplest-to-use voice broadcasting service

Voice/Text CRM – Leverage Phonevite platform for API integration with CRM applications (e.g. Salesforce, SugarCRM, etc.)

Voice/Text Marketing – Launch self-service, permission-based, direct voice/text marketing platform that ensures regulation compliance (especially targeting SMB’s)

International – Export the successful phonevite platform and business model globally