New Company, Inc.
FINANCIAL TEMPLATE
2004 through 2009
Transfered to DETAIL worksheet: Total License Sales Total Maintenance Sales Total Training Sales Total Consulting Sales
Jan-05 0 0 0 0
Feb-05 0 0 0 0
Mar-05 0 0 0 0
Apr-05 0 0 0 0
May-05 0 0 0 0
Jun-05 0 0 0 0
Jul-05 0 0 0 0
Aug-05 0 0 0 0
Sep-05 0 0 0 0
Oct-05 0 0 0 0
Nov-05 0 0 0 0
Dec-05 0 0 0 0
2005 0 0 0 0
Jan-06 0 0 0 0
Feb-06 0 0 0 0
Mar-06 0 0 0 0
New Company, Inc.
INCOME STATEMENT (1)
26-Mar-08 8:35 PM REVENUES Product revenue: License revenue Maintenance and support Training revenue Total product revenue Consulting revenue Total all revenues COSTS AND EXPENSES Cost of revenue: Direct materials Royalties Support allocation Total cost of revenue gross margin % of rev Operating Expenses: EXPENSES TECHNICAL SUPPORT Headcount Salaries Bonuses and commissions Benefits and taxes Recruiting Consultants Equipment and related Supplies and printing Travel and meals Postage and delivery Dues and subscriptions Corporate allocation Total expenses allocated to cost of revenue allocated to operating expenses % of rev ENGINEERING Headcount Salaries Bonuses and commissions Benefits and taxes Recruiting Consultants Equipment and related Supplies and printing Travel and meals Postage and delivery Dues and subscriptions Corporate allocation Total 3/26/2008 8:35 PM expenses % of rev Year 0 2004 actual Month 1 Jan-05 projected Month 2 Feb-05 projected Month 3 Mar-05 projected Month 4 Apr-05 projected Month 5 May-05 projected Month 6 Jun-05 projected Month 7 Jul-05 projected Month 8 Aug-05 projected Month 9 Sep-05 projected Month 10 Oct-05 projected Month 11 Nov-05 projected Month 12 Dec-05 projected Year 1 2005 projected
see sales model see def revenue see sales model
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
see sales model
0% of pr.rev. 0% of sppt.
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
see table see table as needed see table 0% of sal. as needed $0/per. $0/per. $0/per. $0/per. $0/per. see allocations 0% 100%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
see table see table as needed see table 0% of sal. as needed $0/per. $0/per. $0/per. $0/per. $0/per. see allocations
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 Frontier 0%
0.00 0.00 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Venture Capital Confidential 0% 0% 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
Page 1
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
New Company, Inc.
INCOME STATEMENT (2)
26-Mar-08 8:35 PM MARKETING Headcount Salaries Bonuses and commissions Benefits and taxes Recruiting Consultants and temps Equipment and related Supplies and printing Travel and meals Postage and delivery Dues and subscriptions Advertising Public relations Trade shows and seminars VAR/channel/partners program Direct marketing Collateral and creative services Corporate allocation Total expenses % of rev SALES AND SERVICES Headcount Salaries Bonuses and commissions Benefits and taxes Recruiting Consultants and temps Equipment and related Supplies and printing Travel and meals Postage and delivery Dues and subscriptions Sales office rent Promotional material Trade shows and seminars Corporate allocation Total expenses % of rev Promotions sub-total Marketing Sales Total promotions % of rev Year 0 2004 actual see table see table as needed see table 0% of sal. as needed $0/per. $0/per. $0/per. $0/per. $0/per. as needed as needed as needed as needed as needed 0.0% of rev. see allocations 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 1 Jan-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 2 Feb-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 3 Mar-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 4 Apr-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 5 May-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 6 Jun-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 7 Jul-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 8 Aug-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 9 Sep-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 10 Oct-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 11 Nov-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 12 Dec-05 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Year 1 2005 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
see table see table 0% of sales see table 0% of sal. as needed $0/per. $0/per. $0/per. $0/per. $0/per. see table $0/per. as needed see allocations
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
see dept. see dept.
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 2
New Company, Inc.
INCOME STATEMENT (3)
26-Mar-08 8:35 PM Year 0 2004 actual Month 1 Jan-05 projected Month 2 Feb-05 projected Month 3 Mar-05 projected Month 4 Apr-05 projected Month 5 May-05 projected Month 6 Jun-05 projected Month 7 Jul-05 projected Month 8 Aug-05 projected Month 9 Sep-05 projected Month 10 Oct-05 projected Month 11 Nov-05 projected Month 12 Dec-05 projected Year 1 2005 projected
GENERAL AND ADMINISTRATION Headcount Salaries Bonuses and commissions Benefits and taxes
see table see table as needed see table
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 3
Recruiting 0% of sal. Supplies and printing $0/per. Travel and meals $0/per. Postage and delivery $0/per. Dues and subscriptions $0/per. Consultants as needed Temporary services as needed Equipment and related $0/per. Professional services: legal as needed Professional services: audit/tax as needed Professional services: accounting and payroll $0/mo. Patents and trademarks as needed Bank charges as needed Bad debt 0% of rec. Other expenses as needed Corporate allocation see allocations Total expenses % of rev Corporate allocations Headcount Rent Telephone Internet Liability insurance Maintenance and repair Kitchen/food Employee relations Office relocation Depreciation Total expenses allocated to departments Total operating expenses % of rev Income before interest and taxes % of rev Other income/expense Interest income Interest expense: credit lines Interest expense: capital lease Interest expense: long-term notes Net other income Income before taxes Tax expense NET INCOME (LOSS) % of revenue
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
see table see table $0/per. $0/mo. 0.0% of rev. $0.00 /sq. ft. $0/per. as needed as needed see table see depts.
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
hand calc. 0% of bal. 0% of bal. 0% of bal.
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0% of earn.
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 4
New Company, Inc.
BALANCE SHEET
26-Mar-08 8:35 PM Ending ########### actual Month 1 Jan-05 projected Month 2 Feb-05 projected Month 3 Mar-05 projected Month 4 Apr-05 projected Month 5 May-05 projected Month 6 Jun-05 projected Month 7 Jul-05 projected Month 8 Aug-05 projected Month 9 Sep-05 projected Month 10 Oct-05 projected Month 11 Nov-05 projected Month 12 Dec-05 projected Year-End Dec 31, 2005 projected
ASSETS Current assets Cash Gross accounts receivable
60 days
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
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Frontier Venture Capital Confidential
Page 5
Allowance for doubtful accounts Net accounts receivable Other current assets Total current assets Fixed assets Gross fixed assets Leased equipment Accumulated depreciation Net fixed assets TOTAL ASSETS
3% of gross calculated
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable Deferred revenue 12 months Accrued liabilities Bank line of credit 70% of rec. Current portion of capital lease obligations Current portion of long-term notes Other current liabilities Total current liabilities Long-term liabilities Capital lease obligations Long-term notes Total long-term liabilities Total liabilities Stockholders' equity Common stock Preferred stock Retained earnings Total stockholders' equity TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
3 years 5 years
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 6
New Company, Inc.
STATEMENT OF CASH FLOW S
26-Mar-08 8:35 PM Year 0 2004 actual 0 Month 1 Jan-05 projected 0 Month 2 Feb-05 projected 0 Month 3 Mar-05 projected 0 Month 4 Apr-05 projected 0 Month 5 May-05 projected 0 Month 6 Jun-05 projected 0 Month 7 Jul-05 projected 0 Month 8 Aug-05 projected 0 Month 9 Sep-05 projected 0 Month 10 Oct-05 projected 0 Month 11 Nov-05 projected 0 Month 12 Dec-05 projected 0 Year 1 2005 projected 0
BEGINNING CASH
Operating activities: Net income (loss) Added depreciation/amortization Plus changes in liabilities: Accounts payable Deferred revenue Accrued liabilities Other current liabilities Less changes in assets: Net accounts receivable Other current assets Cash flows from operating activities
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 7
Investing activities: Purchase of property and equipment Cash flows from investing activities
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Financing activities: Net short-term borrowings Net capital lease obligations Net long-term notes Proceeds from sale of stock Cash flows from financing activities
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
NET CHANGES IN CASH
0
0
0
0
0
0
0
0
0
0
0
0
0
0
ENDING CASH
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 8
New Company, Inc.
RECEIPTS & DISBURSEMENTS
26-Mar-08 8:35 PM Year 0 2004 projected n/a Month 1 Jan-05 projected 0 Month 2 Feb-05 projected 0 Month 3 Mar-05 projected 0 Month 4 Apr-05 projected 0 Month 5 May-05 projected 0 Month 6 Jun-05 projected 0 Month 7 Jul-05 projected 0 Month 8 Aug-05 projected 0 Month 9 Sep-05 projected 0 Month 10 Oct-05 projected 0 Month 11 Nov-05 projected 0 Month 12 Dec-05 projected 0 Year 1 2005 projected 0
BEGINNING CASH Receipts Collections Financings Borrowings Interest revenue Total receipts Disbursements Salaries Benefits and payroll taxes Incentives/commissions Recruiting and relocation Consultants Temporary services Patents and trademarks Bank charges Other expenses Equipment (under $1K) and related expenses Professional services: legal Professional services: audit/tax Professional services: bookkeeping Direct materials Royalties Advertising Public relations Trade shows and seminars VAR/channel/partners program Direct marketing Collateral and mailings Supplies and materials Travel and meals Postage and delivery Dues and subscriptions Maintenance and repair
n/a n/a n/a n/a 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 9
Rent Telephone Internet Office relocation Kitchen/food Employee relations Liability insurance Taxes Equipment purchases Payments on borrowings Interest expense Prior accounts payable Total disbursements NET CHANGES IN CASH ENDING CASH
n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 0 0 n/a
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 10
New Company, Inc.
STAFFING PLAN (1)
26-Mar-08 8:35 PM Ending ########### actual Annual Salary Annual Salary $90,000 $80,000 $75,000 $50,000 $80,000 $70,000 $70,000 $70,000 Month 1 Jan-05 projected Month 2 Feb-05 projected Month 3 Mar-05 projected Month 4 Apr-05 projected Month 5 May-05 projected Month 6 Jun-05 projected Month 7 Jul-05 projected Month 8 Aug-05 projected Month 9 Sep-05 projected Month 10 Oct-05 projected Month 11 Nov-05 projected Month 12 Dec-05 projected Year-End Dec 31, 2005 projected
STAFFING TECHNICAL SUPPORT VP Technical Support Techn Support Mgr. Lab Administrator Admin. Staff Sr. Support Engineers Support Engineers Tech Account Managers Technical Staff Total tech support employees ENGINEERING VP Engineering Director of Engineering Project Managers Systems Analysts Sr. Software Engineers Software Engineers Jr. Software Engineers Quality Assurance Tech. Writers Total engineering employees MARKETING VP Marketing Marketing Manager Dir. Product Manager Marketing Communications Writers/Designers Product Mgrs. Channel/Partners Mgr. Sr. Marketing Reps. Total marketing employees
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Annual Salary $100,000 $85,000 $95,000 $85,000 $85,000 $75,000 $65,000 $70,000 $70,000
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Annual Salary $120,000 $55,000 $90,000 $60,000 $60,000 $90,000 $85,000 $75,000
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 11
New Company, Inc.
STAFFING PLAN (2)
26-Mar-08 8:35 PM Ending ########### Month 1 Jan-05 Month 2 Feb-05 Month 3 Mar-05 Month 4 Apr-05 Month 5 May-05 Month 6 Jun-05 Month 7 Jul-05 Month 8 Aug-05 Month 9 Sep-05 Month 10 Oct-05 Month 11 Nov-05 Month 12 Dec-05 Year-End Dec 31, 2005
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Page 12
actual SALES AND SERVICES VP Worldwide Sales Director. Prof. Services Systems Engineer Director/Sales Manager Field Sales Inside Sales Channels Manager Sales Engineers Account Executives Technical Training Staff Consultants Total sales employees GENERAL AND ADMINISTRATION President & CEO COO CFO Controller Accounting/Admin. Clerks HR Manager Office Manager Receptionists IS Manager Operations Engineers Operations Support Network Administrators Database Administrators Web Masters Total G&A employees IT sub-total TOTAL EMPLOYEES annualized revenue per employee Annual Salary $150,000 $120,000 $100,000 $120,000 $100,000 $90,000 $100,000 $100,000 $75,000 $70,000 $75,000
projected
projected
projected
projected
projected
projected
projected
projected
projected
projected
projected
projected
projected
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Annual Salary $150,000 $120,000 $120,000 $80,000 $50,000 $70,000 $55,000 $40,000 $90,000 $80,000 $75,000 $75,000 $80,000 $65,000
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
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New Company, Inc.
SALARIES PAID (1)
26-Mar-08 8:35 PM Year 0 2004 projected Month 1 Jan-05 projected Month 2 Feb-05 projected Month 3 Mar-05 projected Month 4 Apr-05 projected Month 5 May-05 projected Month 6 Jun-05 projected Month 7 Jul-05 projected Month 8 Aug-05 projected Month 9 Sep-05 projected Month 10 Oct-05 projected Month 11 Nov-05 projected Month 12 Dec-05 projected Year 1 2005 projected
TECHNICAL SUPPORT VP Technical Support Lab Administrator Admin. Staff Sr. Support Engineers Support Engineers Tech Account Managers Technical Staff Total salaries paid annual salary growth factor ENGINEERING VP Engineering Director of Engineering Project Managers Systems Analysts Sr. Software Engineers Software Engineers Jr. Software Engineers Quality Assurance Tech. Writers Total salaries paid
5%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 14
annual salary growth factor MARKETING VP Marketing Marketing Manager Dir. Product Manager Marketing Communications Writers/Designers Product Mgrs. Channel/Partners Mgr. Sr. Marketing Reps. Total salaries paid annual salary growth factor
5%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
5%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 100.0%
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 15
New Company, Inc.
SALARIES PAID (2)
26-Mar-08 8:35 PM Year 0 2004 projected Month 1 Jan-05 projected Month 2 Feb-05 projected Month 3 Mar-05 projected Month 4 Apr-05 projected Month 5 May-05 projected Month 6 Jun-05 projected Month 7 Jul-05 projected Month 8 Aug-05 projected Month 9 Sep-05 projected Month 10 Oct-05 projected Month 11 Nov-05 projected Month 12 Dec-05 projected Year 1 2005 projected
SALES AND SERVICES VP Worldwide Sales Director. Prof. Services Systems Engineer Director/Sales Manager Field Sales Inside Sales Channels Manager Sales Engineers Account Executives Technical Training Staff Consultants Total salaries paid annual salary growth factor
5%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
0 0 0 0 0 0 0 0 0 0 0 0 100.0%
GENERAL AND ADMINISTRATION President & CEO COO CFO Controller Accounting/Admin. Clerks HR Manager Office Manager Receptionists IS Manager Operations Engineers Operations Support Network Administrators Database Administrators Web Masters Total salaries paid IT sub-total annual salary growth factor 5% TOTAL SALARIES PAID Benefits and taxes on salaries
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100.0% 0 15%
15%
3/26/2008 8:35 PM
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New Company, Inc.
CAPITAL PURCHASES
26-Mar-08 8:35 PM Year 0 2004 projected Month 1 Jan-05 projected Month 2 Feb-05 projected Month 3 Mar-05 projected Month 4 Apr-05 projected Month 5 May-05 projected Month 6 Jun-05 projected Month 7 Jul-05 projected Month 8 Aug-05 projected Month 9 Sep-05 projected Month 10 Oct-05 projected Month 11 Nov-05 projected Month 12 Dec-05 projected Year 1 2005 projected
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Frontier Venture Capital Confidential
Page 17
CAPITALIZED PURCHASES TECHNICAL SUPPORT Computer Hardware Computer Software Furniture & Fixtures Total purchases for period of which leased ENGINEERING Computer Hardware Computer Software Furniture & Fixtures Total purchases for period of which leased MARKETING Computer Hardware Computer Software Furniture & Fixtures Trade Show Booths Total purchases for period of which leased SALES AND SERVICES Computer Hardware Computer Software Furniture & Fixtures Total purchases for period of which leased GENERAL AND ADMINISTRATION Computer Hardware Computer Software Furniture & Fixtures IT and office equipment: Server machines Projection system Printers Scanners Copiers Operating systems Server software Client software Modems/routers etc. Total purchases for period IT sub-total of which leased TOTAL PURCHASES FOR PERIOD of which leased
$2,500 /hire $500 /hire $250 /hire
Lease (Yes/No) yes yes yes
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
$3,500 /hire $500 /hire $250 /hire
Lease (Yes/No) yes yes yes
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
$2,500 /hire $500 /hire $250 /hire as needed
Lease (Yes/No) yes yes yes yes
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
$3,000 /hire $500 /hire $250 /hire
Lease (Yes/No) yes yes yes
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
$2,500 /hire $500 /hire $250 /hire as needed as needed as needed as needed as needed $100 /hire $600 /hire $200 /hire $180 /hire
Lease (Yes/No) yes yes yes yes yes yes yes yes yes yes yes yes
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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Frontier Venture Capital Confidential
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New Company, Inc.
DEPRECIATION SCHEDULE
26-Mar-08 8:35 PM Year 0 2004 projected Month 1 Jan-05 projected Month 2 Feb-05 projected Month 3 Mar-05 projected Month 4 Apr-05 projected Month 5 May-05 projected Month 6 Jun-05 projected Month 7 Jul-05 projected Month 8 Aug-05 projected Month 9 Sep-05 projected Month 10 Oct-05 projected Month 11 Nov-05 projected Month 12 Dec-05 projected Year 1 2005 projected
TECHNICAL SUPPORT Computer Hardware Computer Software Furniture & Fixtures Total depreciation for period
3 yrs. fixed 2 yrs. fixed 5 yrs. fixed
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
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Frontier Venture Capital Confidential
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ENGINEERING Computer Hardware Computer Software Furniture & Fixtures Total depreciation for period
3 yrs. fixed 2 yrs. fixed 5 yrs. fixed
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
MARKETING Computer Hardware Computer Software Furniture & Fixtures Trade Show Booths Total depreciation for period
3 yrs. 2 yrs. 5 yrs. 2 yrs.
fixed fixed fixed fixed
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
SALES AND SERVICES Computer Hardware Computer Software Furniture & Fixtures Total depreciation for period
3 yrs. fixed 2 yrs. fixed 5 yrs. fixed
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
GENERAL AND ADMINISTRATION Computer Hardware Computer Software Furniture & Fixtures IT and office equipment: Server machines Projection system Printers Scanners Copiers Operating systems Server software Client software Modems/routers etc. Total depreciation for period IT sub-total
3 yrs. fixed 2 yrs. fixed 5 yrs. fixed 5 yrs. 5 yrs. 5 yrs. 5 yrs. 5 yrs. 5 yrs. 3 yrs. 3 yrs. 5 yrs. fixed fixed fixed fixed fixed fixed fixed fixed fixed
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0
TOTAL DEPRECIATION FOR PERIOD
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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Frontier Venture Capital Confidential
Page 20
New Company, Inc.
FINANCING ACTIVITIES
26-Mar-08 8:35 PM Year 0 2004 projected Month 1 Jan-05 projected Month 2 Feb-05 projected Month 3 Mar-05 projected Month 4 Apr-05 projected Month 5 May-05 projected Month 6 Jun-05 projected Month 7 Jul-05 projected Month 8 Aug-05 projected Month 9 Sep-05 projected Month 10 Oct-05 projected Month 11 Nov-05 projected Month 12 Dec-05 projected Year 1 2005 projected
DEBT Accumulations: Line of Credit Capital Equipment Lease Long Term Borrowings Total additions Payments on principal: Line of Credit Capital Equipment Lease Long Term Borrowings Total payments on principal
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
EQUITY
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 21
Proceeds from issuance of: Preferred Stock Common Stock Total proceeds
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 22
New Company, Inc.
RENT & TAXES
26-Mar-08 8:35 PM Year 0 2004 projected Month 1 Jan-05 projected Month 2 Feb-05 projected Month 3 Mar-05 projected Month 4 Apr-05 projected Month 5 May-05 projected Month 6 Jun-05 projected Month 7 Jul-05 projected Month 8 Aug-05 projected Month 9 Sep-05 projected Month 10 Oct-05 projected Month 11 Nov-05 projected Month 12 Dec-05 projected Year 1 2005 projected
RENT CA office square footage Total no. employees Square footage per employee Price per square foot CA office rent Sales office rent Total office rent
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
0 0 0 0.00 0 0 0
TAXES Cumulative loss Taxable income Tax expense (0%)
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 23
New Company, Inc.
INCOME STATEMENT (1)
26-Mar-08 8:35 PM REVENUES Product revenue: License revenue Maintenance and support Training revenue Total product revenue Consulting revenue Total all revenues COSTS AND EXPENSES Cost of revenue: Direct materials Royalties Support allocation Total cost of revenue gross margin % of rev Operating Expenses: EXPENSES TECHNICAL SUPPORT Headcount Salaries Bonuses and commissions Benefits and taxes Recruiting Consultants Equipment and related Supplies and printing Travel and meals Postage and delivery Dues and subscriptions Corporate allocation Total expenses allocated to cost of revenue allocated to operating expenses % of rev ENGINEERING Headcount Salaries Bonuses and commissions Benefits and taxes Recruiting Consultants Equipment and related Supplies and printing Travel and meals Postage and delivery Dues and subscriptions Corporate allocation Total expenses 3/26/2008 8:35 PM % of rev Month 13 Jan-06 projected Month 14 Feb-06 projected Month 15 Mar-06 projected Month 16 Apr-06 projected Month 17 May-06 projected Month 18 Jun-06 projected Month 19 Jul-06 projected Month 20 Aug-06 projected Month 21 Sep-06 projected Month 22 Oct-06 projected Month 23 Nov-06 projected Month 24 Dec-06 projected Year 2 2006 projected
see sales model see def revenue see sales model
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
see sales model
0% of pr.rev. 0% of sppt.
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
0 0 0 0 0 0%
see table see table as needed see table 0% of sal. as needed $0/per. $0/per. $0/per. $0/per. $0/per. see allocations 0% 100%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
see table see table as needed see table 0% of sal. as needed $0/per. $0/per. $0/per. $0/per. $0/per. see allocations
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0.00 0.00 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Frontier Venture Capital Confidential 0 0 0 0% 0% 0% 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 Page 24 0 0%
New Company, Inc.
INCOME STATEMENT (2)
26-Mar-08 8:35 PM MARKETING Headcount Salaries Bonuses and commissions Benefits and taxes Recruiting Consultants and temps Equipment and related Supplies and printing Travel and meals Postage and delivery Dues and subscriptions Advertising Public relations Trade shows and seminars VAR/channel/partners program Direct marketing Collateral and creative services Corporate allocation Total expenses % of rev SALES AND SERVICES Headcount Salaries Bonuses and commissions Benefits and taxes Recruiting Consultants and temps Equipment and related Supplies and printing Travel and meals Postage and delivery Dues and subscriptions Sales office rent Promotional material Trade shows and seminars Corporate allocation Total expenses % of rev Promotions sub-total Marketing Sales Total promotions % of rev Month 13 Jan-06 projected see table see table as needed see table 0% of sal. as needed $0/per. $0/per. $0/per. $0/per. $0/per. as needed as needed as needed as needed as needed 0.0% of rev. see allocations 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 14 Feb-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 15 Mar-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 16 Apr-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 17 May-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 18 Jun-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 19 Jul-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 20 Aug-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 21 Sep-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 22 Oct-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 23 Nov-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Month 24 Dec-06 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0% Year 2 2006 projected 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
see table see table 0% of sales see table 0% of sal. as needed $0/per. $0/per. $0/per. $0/per. $0/per. see table $0/per. as needed see allocations
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
see dept. see dept.
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
0 0 0 0%
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Frontier Venture Capital Confidential
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New Company, Inc.
INCOME STATEMENT (3)
26-Mar-08 8:35 PM Month 13 Jan-06 projected Month 14 Feb-06 projected Month 15 Mar-06 projected Month 16 Apr-06 projected Month 17 May-06 projected Month 18 Jun-06 projected Month 19 Jul-06 projected Month 20 Aug-06 projected Month 21 Sep-06 projected Month 22 Oct-06 projected Month 23 Nov-06 projected Month 24 Dec-06 projected Year 2 2006 projected
GENERAL AND ADMINISTRATION Headcount Salaries Bonuses and commissions Benefits and taxes
see table see table as needed see table
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
0.00 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 26
Recruiting 0% of sal. Supplies and printing $0/per. Travel and meals $0/per. Postage and delivery $0/per. Dues and subscriptions $0/per. Consultants as needed Temporary services as needed Equipment and related $0/per. Professional services: legal as needed Professional services: audit/tax as needed Professional services: accounting and payroll $0/mo. Patents and trademarks as needed Bank charges as needed Bad debt 0% of rec. Other expenses as needed Corporate allocation see allocations Total expenses % of rev Corporate allocations Headcount Rent Telephone Internet Liability insurance Maintenance and repair Kitchen/food Employee relations Office relocation Depreciation Total expenses allocated to departments Total operating expenses % of rev Income before interest and taxes % of rev Other income/expense Interest income Interest expense: credit lines Interest expense: capital lease Interest expense: long-term notes Net other income Income before taxes Tax expense NET INCOME (LOSS) % of revenue
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0%
see table see table $0/per. $0/mo. 0.0% of rev. $0.00 /sq. ft. $0/per. as needed as needed see table see depts.
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
0.00 0 0 0 0 0 0 0 0 0 0 0 0 0% 0 0%
hand calc. 0% of bal. 0% of bal. 0% of bal.
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0 0 0 0 0 0 0 0 0%
0% of earn.
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Frontier Venture Capital Confidential
Page 27
New Company, Inc.
BALANCE SHEET
26-Mar-08 8:35 PM Month 13 Jan-06 projected Month 14 Feb-06 projected Month 15 Mar-06 projected Month 16 Apr-06 projected Month 17 May-06 projected Month 18 Jun-06 projected Month 19 Jul-06 projected Month 20 Aug-06 projected Month 21 Sep-06 projected Month 22 Oct-06 projected Month 23 Nov-06 projected Month 24 Dec-06 projected Year-End Dec 31, 2006 projected
ASSETS Current assets Cash Gross accounts receivable
60 days
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
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Frontier Venture Capital Confidential
Page 28
Allowance for doubtful accounts Net accounts receivable Other current assets Total current assets Fixed assets Gross fixed assets Leased equipment Accumulated depreciation Net fixed assets TOTAL ASSETS
3% of gross calculated
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable Deferred revenue 12 months Accrued liabilities Bank line of credit 70% of rec. Current portion of capital lease obligations Current portion of long-term notes Other current liabilities Total current liabilities Long-term liabilities Capital lease obligations Long-term notes Total long-term liabilities Total liabilities Stockholders' equity Common stock Preferred stock Retained earnings Total stockholders' equity TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0
3 years 5 years
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
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New Company, Inc.
STATEMENT OF CASH FLOW S
26-Mar-08 8:35 PM Month 13 Jan-06 projected 0 Month 14 Feb-06 projected 0 Month 15 Mar-06 projected 0 Month 16 Apr-06 projected 0 Month 17 May-06 projected 0 Month 18 Jun-06 projected 0 Month 19 Jul-06 projected 0 Month 20 Aug-06 projected 0 Month 21 Sep-06 projected 0 Month 22 Oct-06 projected 0 Month 23 Nov-06 projected 0 Month 24 Dec-06 projected 0 Year 2 2006 projected 0
BEGINNING CASH
Operating activities: Net income (loss) Added depreciation/amortization Plus changes in liabilities: Accounts payable Deferred revenue Accrued liabilities Other current liabilities Less changes in assets: Net accounts receivable Other current assets Cash flows from operating activities
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 30
Investing activities: Purchase of property and equipment Cash flows from investing activities
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
Financing activities: Net short-term borrowings Net capital lease obligations Net long-term notes Proceeds from sale of stock Cash flows from financing activities
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
NET CHANGES IN CASH
0
0
0
0
0
0
0
0
0
0
0
0
0
ENDING CASH
0
0
0
0
0
0
0
0
0
0
0
0
0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
Page 31
New Company, Inc.
RECEIPTS & DISBURSEMENTS
26-Mar-08 8:35 PM Month 13 Jan-06 projected 0 Month 14 Feb-06 projected 0 Month 15 Mar-06 projected 0 Month 16 Apr-06 projected 0 Month 17 May-06 projected 0 Month 18 Jun-06 projected 0 Month 19 Jul-06 projected 0 Month 20 Aug-06 projected 0 Month 21 Sep-06 projected 0 Month 22 Oct-06 projected 0 Month 23 Nov-06 projected 0 Month 24 Dec-06 projected 0 Year 2 2006 projected 0
BEGINNING CASH Receipts Collections Financings Borrowings Interest revenue Total receipts Disbursements Salaries Benefits and payroll taxes Incentives/commissions Recruiting and relocation Consultants Temporary services Patents and trademarks Bank charges Other expenses Equipment (under $1K) and related expenses Professional services: legal Professional services: audit/tax Professional services: bookkeeping Direct materials Royalties Advertising Public relations Trade shows and seminars VAR/channel/partners program Direct marketing Collateral and mailings Supplies and materials Travel and meals Postage and delivery Dues and subscriptions Maintenance and repair
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
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Rent Telephone Internet Office relocation Kitchen/food Employee relations Liability insurance Taxes Equipment purchases Payments on borrowings Interest expense Prior accounts payable Total disbursements NET CHANGES IN CASH ENDING CASH
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
3/26/2008 8:35 PM
Frontier Venture Capital Confidential
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New Company, Inc.
STAFFING PLAN (1)
26-Mar-08 8:35 PM Month 13 Jan-06 projected Annual Salary Annual Salary $90,000 $80,000 $75,000 $50,000 $80,000 $70,000 $70,000 $70,000 Month 14 Feb-06 projected Month 15 Mar-06 projected Month 16 Apr-06 projected Month 17 May-06 projected Month 18 Jun-06 projected Month 19 Jul-06 projected Month 20 Aug-06 projected Month 21 Sep-06 projected Month 22 Oct-06 projected Month 23 Nov-06 projected Month 24 Dec-06 projected Year-End Dec 31, 2006 projected
STAFFING TECHNICAL SUPPORT VP Technical Support Techn Support Mgr. Lab Administrator Admin. Staff Sr. Support Engineers Support Engineers Tech Account Managers Technical Staff Total tech support employees ENGINEERING VP Engineering Director of Engineering Project Managers Systems Analysts Sr. Software Engineers Software Engineers Jr. Software Engineers Quality Assurance Tech. Writers Total engineering employees MARKETING VP Marketing Marketing Manager Dir. Product Manager Marketing Communications Writers/Designers Product Mgrs. Channel/Partners Mgr. Sr. Marketing Reps. Total marketing employees
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Annual Salary $100,000 $85,000 $95,000 $85,000 $85,000 $75,000 $65,000 $70,000 $70,000
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Annual Salary $120,000 $55,000 $90,000 $60,000 $60,000 $90,000 $85,000 $75,000
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3/26/2008 8:35 PM
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Page 34
New Company, Inc.
STAFFING PLAN (2)
26-Mar-08 8:35 PM Month 13 Jan-06 Month 14 Feb-06 Month 15 Mar-06 Month 16 Apr-06 Month 17 May-06 Month 18 Jun-06 Month 19 Jul-06 Month 20 Aug-06 Month 21 Sep-06 Month 22 Oct-06 Month 23 Nov-06 Month 24 Dec-06 Year-End Dec 31, 2006
3/26/2008 8:35 PM
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projected SALES AND SERVICES VP Worldwide Sales Director. Prof. Services Systems Engineer Director/Sales Manager Field Sales Inside Sales Channels Manager Sales Engineers Account Executives Technical Training Staff Consultants Total sales employees GENERAL AND ADMINISTRATION President & CEO COO CFO Controller Accounting/Admin. Clerks HR Manager Office Manager Receptionists IS Manager Operations Engineers Operations Support Network Administrators Database Administrators Web Masters Total G&A employees IT sub-total TOTAL EMPLOYEES annualized revenue per employee Annual Salary $150,000 $120,000 $100,000 $120,000 $100,000 $90,000 $100,000 $100,000 $75,000 $70,000 $75,000
projected
projected
projected
projected
projected
projected
projected
projected
projected
projected
projected
projected
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Annual Salary $150,000 $120,000 $120,000 $80,000 $50,000 $70,000 $55,000 $40,000 $90,000 $80,000 $75,000 $75,000 $80,000 $65,000
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
3/26/2008 8:35 PM
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New Company, Inc.
SALARIES PAID (1)
26-Mar-08 8:35 PM Month 13 Jan-06 projected Month 14 Feb-06 projected Month 15 Mar-06 projected Month 16 Apr-06 projected Month 17 May-06 projected Month 18 Jun-06 projected Month 19 Jul-06 projected Month 20 Aug-06 projected Month 21 Sep-06 projected Month 22 Oct-06 projected Month 23 Nov-06 projected Month 24 Dec-06 projected Year 2 2006 projected
TECHNICAL SUPPORT VP Technical Support Lab Administrator Admin. Staff Sr. Support Engineers Support Engineers Tech Account Managers Technical Staff Total salaries paid annual salary growth factor ENGINEERING VP Engineering Director of Engineering Project Managers Systems Analysts Sr. Software Engineers Software Engineers Jr. Software Engineers Quality Assurance Tech. Writers Total salaries paid
5%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 0 0 0 0 0
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Frontier Venture Capital Confidential
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annual salary growth factor MARKETING VP Marketing Marketing Manager Dir. Product Manager Marketing Communications Writers/Designers Product Mgrs. Channel/Partners Mgr. Sr. Marketing Reps. Total salaries paid annual salary growth factor
5%
105.0%
105.0%
105.0%
105.0%
105.0%
105.0%
105.0%
105.0%
105.0%
105.0%
105.0%
105.0%
105.0%
5%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 105.0%
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New Company, Inc.
SALARIES PAID (2)
26-Mar-08 8:35 PM Month 13 Jan-06 projected Month 14 Feb-06 projected Month 15 Mar-06 projected Month 16 Apr-06 projected Month 17 May-06 projected Month 18 Jun-06 projected Month 19 Jul-06 projected Month 20 Aug-06 projected Month 21 Sep-06 projected Month 22 Oct-06 projected Month 23 Nov-06 projected Month 24 Dec-06 projected Year 2 2006 projected
SALES AND SERVICES VP Worldwide Sales Director. Prof. Services Systems Engineer Director/Sales Manager Field Sales Inside Sales Channels Manager Sales Engineers Account Executives Technical Training Staff Consultants Total salaries paid annual salary growth factor
5%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
0 0 0 0 0 0 0 0 0 0 0 0 105.0%
GENERAL AND ADMINISTRATION President & CEO COO CFO Controller Accounting/Admin. Clerks HR Manager Office Manager Receptionists IS Manager Operations Engineers Operations Support Network Administrators Database Administrators Web Masters Total salaries paid IT sub-total annual salary growth factor 5% TOTAL SALARIES PAID Benefits and taxes on salaries
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105.0% 0 15%
15%
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Frontier Venture Capital Confidential
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New Company, Inc.
CAPITAL PURCHASES
26-Mar-08 8:35 PM Month 13 Jan-06 projected Month 14 Feb-06 projected Month 15 Mar-06 projected Month 16 Apr-06 projected Month 17 May-06 projected Month 18 Jun-06 projected Month 19 Jul-06 projected Month 20 Aug-06 projected Month 21 Sep-06 projected Month 22 Oct-06 projected Month 23 Nov-06 projected Month 24 Dec-06 projected Year 2 2006 projected
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Page 40
CAPITALIZED PURCHASES TECHNICAL SUPPORT Computer Hardware Computer Software Furniture & Fixtures Total purchases for period of which leased ENGINEERING Computer Hardware Computer Software Furniture & Fixtures Total purchases for period of which leased MARKETING Computer Hardware Computer Software Furniture & Fixtures Trade Show Booths Total purchases for period of which leased SALES AND SERVICES Computer Hardware Computer Software Furniture & Fixtures Total purchases for period of which leased GENERAL AND ADMINISTRATION Computer Hardware Computer Software Furniture & Fixtures IT and office equipment: Server machines Projection system Printers Scanners Copiers Operating systems Server software Client software Modems/routers etc. Total purchases for period IT sub-total of which leased TOTAL PURCHASES FOR PERIOD of which leased
Lease (Yes/No) $2,500 /hire $500 /hire $250 /hire 0 0 0 0 0 Lease (Yes/No) $3,500 /hire $500 /hire $250 /hire 0 0 0 0 0 Lease (Yes/No) $2,500 /hire $500 /hire $250 /hire as needed 0 0 0 0 0 0 Lease (Yes/No) $3,000 /hire $500 /hire $250 /hire 0 0 0 0 0 Lease (Yes/No) $2,500 /hire $500 /hire $250 /hire as needed as needed as needed as needed as needed $100 /hire $600 /hire $200 /hire $180 /hire 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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New Company, Inc.
DEPRECIATION SCHEDULE
26-Mar-08 8:35 PM Month 13 Jan-06 projected Month 14 Feb-06 projected Month 15 Mar-06 projected Month 16 Apr-06 projected Month 17 May-06 projected Month 18 Jun-06 projected Month 19 Jul-06 projected Month 20 Aug-06 projected Month 21 Sep-06 projected Month 22 Oct-06 projected Month 23 Nov-06 projected Month 24 Dec-06 projected Year 2 2006 projected
TECHNICAL SUPPORT Computer Hardware Computer Software Furniture & Fixtures Total depreciation for period
3 yrs. fixed 2 yrs. fixed 5 yrs. fixed
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
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New Company, Inc.
INCOME STATEMENT
2004 actual through 2009 projected
2004 actual REVENUES
2005 projected
2006 projected
2007 projected $
2008 projected $
2009 projected -
License revenue $ $ $ $ Maintenance and support Training revenue Consulting revenue TOTAL ALL REVENUES............................................................................................................................................................................... EXPENSES Cost of revenue............................................................................................................................................................................... Gross margin % of revenue Operating Expenses Technical Support Headcount Expenses % of revenue Engineering Headcount Expenses % of revenue Marketing Headcount Expenses % of revenue Sales and Services Headcount Expenses % of revenue General and Admnistration Headcount Expenses % of revenue 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
0%
0%
0% 0% 0% 0% 0% 0% 0% $ 0% $
0% 0% 0% 0% 0% 0% 0% 0%
TOTAL OPERATING EXPENSES............................................................................................................................................................................... % of revenue 0% 0% 0% 0% INCOME BEFORE INTEREST AND TAXES % of revenue Other income/expense Interest income Interest expense Net other income INCOME BEFORE TAXES Tax expense 0% 0% 0% 0% 0%
NET INCOME (LOSS)............................................................................................................................................................................... $ $ $ $ % of revenue 0% 0% 0%
Confidential for Frontier Venture Capital
3/26/2008 8:35 PM
New Company, Inc.
BALANCE SHEET
2004 actual through 2009 projected
2004 actual ASSETS Current assets: Cash Net accounts receivable Other current assets Total current assets Fixed assets: Fixed assets Accumulated depreciation Net fixed assets
2005 projected
2006 projected
2007 projected
2008 projected
2009 projected
$
-
$
-
$
-
$
-
$
-
$
-
-
-
-
-
-
-
TOTAL ASSETS............................................................................................................................................................................... -
LIABILITIES AND EQUITY Current liabilities: Accounts payable Deferred revenue Accrued liabilities Bank line of credit Current portion of capital lease Other current liabilities Total current liabilities Long-term liabilities: Capital lease obligations Long-term notes Total long-term liabilities Stockholders' equity Common stock Preferred stock Retained earnings Total stockholders' equity
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
$
-
TOTAL LIABILITIES AND EQUITY............................................................................................................................................................................... $ $ $ $ $
Confidential for Frontier Venture Capital
3/26/2008 8:35 PM