Contact: Stefano Grini stefanogrini@gmail.com +39.329.9076430 Executive Summary Overview Our company is an italian start-up aim to be the first VOIP Service Provider developed entirely on the widely-used and open protocol, Jingle/XMPP, and open source software, including Asterisk and Jobill, a billing system developed by us. Jabberout makes international calls available to more than 50 million xmpp/ Jabber users, who would otherwise pay higher fees to benefit from the traditional telephony services. Mission / Technology Solutions Xmpp / Jabber is becoming the de facto standard for presence-enabling existing services and applications. Jabber easily bridges legacy and standard protocols to aggregate presence with speed, scale, and security. Users now suffer from incompatibility across the network. JabberOut is challenging the proprietary protocol many VoIP companies are using which has left users vulnerable to security holes, virus attack, memory leaks and abnormal port activities. Our slogan is “Open Your Voice”, inviting everyone to benefit from an open, standardized, secure, feature-rich, widely-deployed service for VoIP communication and collaboration over the Internet. JabberOut is a complete suite of software components that together represent a turnkey solution for VoIP service provisioning. Single state of the art components that make our solution works are : 1) Joim : a Jingle Softphone/Jabber IM. The first jingle enabled Jabber client with outbound phone call capabilities (current development status: alpha version completed) 2) Telephony Server : a custom asterisk implementation that supports jingle standard (current development status: beta version, outbound calls working) 3) Jobill : a Billing Solution for VoIP services that supports multiple service resellers and agents (current development status: production) Social Networking Opportunity XMPP is taking off in the social networking space. Facebook, Twitter, Jaiku, FireEagle, Dopplr, Seesmic, TiVo — are all either already using XMPP or thinking seriously about it. It seems that there is a big mashup of Web and Jabber in the works. Imagine our IM client connected to Twitter, Jaiku and other Social networks, adding to the VoIP capability of the users!!! Or imagine a Microblogging decentralized infrastructure supported from our services. The advantages are limitless!!! But if you are thinking that XMPP (and JabberOut) is only about event notification then you are wrong. The framework is powerful enough to support number of interesting collaboration use cases such as: Contact: Stefano Grini stefanogrini@gmail.com +39.329.9076430 • • • File storage and sharing: users are able to share files to common spaces and be notified when new files are added, deleted, or updated. Whiteboards: a whiteboard could be represented as a node. Users could collaboratively modify the whiteboard and see changes reflected in real-time. Auction and trading systems: a system that enables the users to trade and sell numerous items. Significant Market Opportunity Voice over IP (VOIP) is one of the fastest growing technologies in the world. Total Voice over IP (VoIP) subscribers worldwide increased by 80 mln subscribers in 2007, In-Stat says. The European consumer VoIP market increased by over 14 mln subscribers in 2006. US wireline operators added only 4 mln VoIP subscribers in 2006. In 2011, the US will represent only 18% of the global consumer VoIP market. By 2011, In-Stat predicts the consumer VoIP market will total nearly $44 bln worldwide. Xmpp / Jabber IM users are estimated more than 50 millions (potential clients) and there are literally hundreds of xmpp / Jabber software for any platform (windows, linux, mac, mobile) many of which will add as default our termination service involved by us with reseller agreement and easy plugin developed by our lab. For this reason The Company projects that sales will grow yearly starting with $1.8 mln in 2008 and reaching $15.6 mln within the next three years, with a gross profit margin of 30% and an EBITDA of 23% Experienced Management Team Stefano Grini, CEO and co-founder has strong experience in finance management, excellent skills in general management, brand and sales management, obtained after working for 5 years in different sectors – industrial waste management and building materials industry. Andrea Bodrati, CTO, has a strong experience as IT entrepreneur and executive in wholesale telecommunication services. Andrea has over 15 years experience in the telecommunication and Internet industry. He founded the first Italian search engine Shinyseek and Shinystat one of the most famous stat counter. Key Financial Indicators Revenues Number of Clients EBITDA € € 2009 1.800k 20.000 (85k) € € 2010 5.400k 60.000 650k € € 2011 27.600k 300.000 1.650k Financing Need Our goal is to get an initial seed capital quickly in order to set up the company future development and support sales, marketing and the operations for the first year.