Ann: Investor Update, page-24

30% increase if you include blue reef - only 13% organic.

Not sure on how many blue reef customers have been retained - thought they had been offloaded to family Zone per amendment to initial deal with family Zone.

In hindsight Tesserent couldn't afford to buy blue reef and service the staff costs.

30% is tough but cyberbiz is supposedly a product for a large smb market. Wouldn't mind a few radio ads / ads in smb magazines to try and sell it.

I am optimistic about cyber security and the experience of the Tesserent board. Open question on their ability to grow sales and execute on a business strategy.