ÿþ<html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2 Final//EN"> <!-- Created from PDF via Acrobat SaveAsXML --> <!-- Mapping table version: 28-February-2003 --> <HTML> <HEAD> <title>Umbanet Factsheet</title> <link href="../umbanet.css" tppabs="D:\UmbaTech\website 2006\umbanet.css" rel="stylesheet" type="text/css" /> </HEAD> <BODY bgcolor=white text=black link=blue vlink=purple alink=fushia body background="images/background.gif" tppabs="http://www.umbanet.com/factsheet/images/background.gif" class="backpage-main-bodytext"> <IMG align="" width="624" height="44" src="images/UmbanetFactSheet_img_0.jpg" tppabs="http://www.umbanet.com/factsheet/images/UmbanetFactSheet_img_0.jpg" ><DIV class="Part"> <H1><FONT size="+2" color="#000000" ><B>CORPORATE FACTS </B></FONT></H1> <TABLE width=90% align="center"> <tr> <td align="justify"> <P align="justify" >Umbanet Inc. is an innovative software company located in New York City. The Company&rsquo;s groundbreaking solutions enable secure, auditable transactions through <B><I>e-mail</I></B>, combining the utility and sophistication of web-based transactions with the ease of email. <B><I>Umbanet empowers e-mail. </I></P> <P align="justify"></B>E-mail today cannot be used to transmit personal, private or classified information securely in a format that can be used to process transactions. Clever website designers can give users the illusion that they are using &ldquo;e-mail&rdquo; to conduct transactions or retrieve private documents. However, users are actually being directed &ndash; through a series of links &ndash; to web servers programmed specifically to handle this traffic. This technique deprives both users and website operators of the full benefits that e-mail can bring to the secure exchange of data. </P> <P align="justify">Umbanet Inc. is introducing the next generation of electronic mail technology. Its new software is designed to improve the way businesses, consumers and government agencies interact and transact across the Internet. Umbanet&rsquo;s works with standard Internet protocols and the user's existing Internet Service Provider to deliver secure exchange of data, voice and video regardless of network or transmission installation or form of connectivity. Umbanet is currently available for Microsoft Outlook. </P></P> <P align="justify"> Umbanet provides today&rsquo;s business and technology leaders with these key benefits: </P> <P> <UL> <P align="justify"><B>Empowers E-mail </B> </P> <UL> <LI align="justify"><P>Integrates with user's existing E-Mail applications</P></LI> <LI align="justify"><P>Seemless to user, easy to use </P></LI> <LI align="justify"><P>Allows for confidential transmission of sensitive information</P></LI> </UL> <P align="justify"><B>Secure </B> </P> <UL> <LI align="justify"><P>E-mails encrypted during transmission and in storage</P></LI> <LI align="justify"><P>Both user and software are authenticated</P></LI> <LI align="justify"><P>Auditable trails are created</P></LI> </UL> <P align="justify"><B>Increases Revenue </B> </P> <UL> <LI align="justify"><P>Better customer experience raises user satisfaction</P></LI> <LI align="justify"><P>Ideal for auctions, banking, insurance, health care </P></LI> </UL> <P align="justify"><B>Reduces cost, with better performance</B> </P> <UL> <LI align="justify"><P>Reduces the threat of phishing and other fraud</P></LI> <LI align="justify"><P>Protects against viruses</P></LI> <LI align="justify"><P>Smaller vendor infrastructure - much of the processing done on the client side; peak loads lower</P></LI> <LI align="justify"><P>Reduced bandwidth requirement, increased transaction speeds</P></LI> </UL> </UL> </P> </P> <P> <FONT size="-1"> Umbanet Inc. has patents issued and pending in the U.S. and in foreign jurisdictions. </P> <td> <tr> <tr><td><br></td></tr> <tr> <td align="center"> <IMG align="center" width=100% src="images/divider.gif" tppabs="http://www.umbanet.com/factsheet/images/divider.gif" > <td> <tr> <tr><td><br></td></tr> <tr> <td align="justify"> <DIV class="Part" > <H1 align="justify"><FONT size="+2"><B>Umbanet Management</B></FONT> </H1> <P align="justify"><B>Founder/President: Michelle L. Baker</B>, began her career as a computer scientist in the late 1980's and was involved in the early development of the Internet. She designed a series of software technologies that are integral to the way people use the Internet today. In 1992, Ms. Baker founded Intellinet Inc. to develop and license intellectual property. She continues to be President of that company and today holds patents for software systems in network management, fault detection technologies, and operating system interfaces in the US, Japan and Europe. Ms Baker is on the Executive Board of the New York Software Industry Association (NYSIA). Michelle has an M.S. in Computer Science and an M.A. in Economics, both from Columbia University. </P> <DIV class="Part"> <H1 Align="justify"><FONT size="+1"><B>Umbanet Board of Directors</B></FONT> </H1> <P align="justify">Strategic partnering is an important aspect of the company&rsquo;s business plan. The Board of Directors and Advisory Board will be instrumental in developing strategic relationships with key IT industry firms and customers. </P> <P align="justify"><B>Chairman: Dr. Jacob (Jack) Goldman</B> is the former Director of Ford Motor&rsquo;s Company&rsquo;s Scientific Research Laboratory and Senior Vice President for R&D and Chief Technical Officer of the Xerox Corporation. He is best known as the founder and director of Xerox PARC. Under his leadership, PARC invented some of the most important computer technology innovations in history, including the laser printer, the first personal computer, Ethernet LANs, and more. Dr. Goldman has also served on the boards of Xerox, General Instrument Company, Burndy Corporation, GAF, Intermagnetics General and United Brands among others. </P> <P align="justify"><B>Director: Dr. Roger Brunswick </B>is a managing partner in the management consulting firm Hayes Brunswick that has worked with strategic management issues for such leading corporations as The Gillette Company, Philip Morris, Pitney Bowes, Credit Suisse First Boston, Duracell, and Executive Risk. </P> <P align="justify"><B>Director: Paul C. Cronson</B> is Founder and Managing Director of Larkspur Capital Corp. He has been involved in many areas of asset management and corporate finance. While in London, Mr. Cronson worked with Eurobond issuers and structured transactions. At Chase Investment Bank Ltd., he structured international debt securities and developed &ldquo;synthetic asset&rdquo; products using derivatives. Mr. Cronson has also managed a real estate portfolio, structured financings, and assisted with capital market investments. </P> <P align="justify"><B>Director: Tom Paulsen </B>served for over 34 years in the US Navy in Command, Control, Communications and Intelligence (C<Sup>3</Sup>I), Telecommunications, Network Systems Operations, Computers and Computer Systems Operations. He retired in 1994 as a Rear Admiral and worked for Williams Telecommunications as VP for Central Operations and Training and then Chief Information Officer. He currently serves on the Board of Governors of George Washington University, Institute of Knowledge Management and is Chairman of the Advisory Board and President Emeritus of The Center for Advanced Technology (CAT) in Dallas TX. </P> <td > <tr> <tr><td><br></td></tr> <tr> <td align="center"> <IMG width=100% src="images/divider.gif" tppabs="http://www.umbanet.com/factsheet/images/divider.gif" ></DIV> <td > <tr> <tr><td><br></td></tr> <tr> <td align="center"> <DIV align="justify" class="Part"> <H1><FONT size="+2"><B>Umbanet Advisory Board </B></FONT></H1> <P><B>Michael Coden,</B> President, NextNine Inc., formerly VP Marketing, ADC Broadband.</P> <P><B>Joan Finsilver,</B> Managing Director and Software Analyst, Brean Murray & Co., Inc. </P> <P><B>Joesph J. Gilbert,</B> VP Sales, WinkleVoss; former VP Sales Donnelly Marketing.</P> <P><B>Janice Gretemeyer,</B> former VP of Public Relations for the ABC Television Network. </P> <P><B>Dirk Hazell,</B> Co-Chairman, Foreign Affairs Forum of the Conservative Party, UK.</P> <P><B>Judith Hernstadt,</B> former President & CEO, Hernstadt Broadcasting. </P> <P><B>Bob Nalewajek,</B> former senior HR executive, Pfizer International.</P> <P><B>Louis M. Parks,</B> Managing Director, LaunchAdvisors. </P> <P><B>William McAndrews,</B> former Director, Bell Atlantic Business Calling Products. </P> </DIV> <td > <tr> </TABLE> </BODY> </HTML> <H1 Align="justify"><FONT size="+1"><B>Umbanet Board of Directors</B></FONT> </H1> <P align="justify">Strategic partnering is an important aspect of the company&rsquo;s business plan. The Board of Directors and Advisory Board will be instrumental in developing strategic relationships with key IT industry firms and customers. </P> <P align="justify"><B>Chairman: Dr. Jacob (Jack) Goldman</B> is the former Director of Ford Motor&rsquo;s Company&rsquo;s Scientific Research Laboratory and Senior Vice President for R&D and Chief Technical Officer of the Xerox Corporation. He is best known as the founder and director of Xerox PARC. Under his leadership, PARC invented some of the most important computer technology innovations in history, including the laser printer, the first personal computer, Ethernet LANs, and more. Dr. Goldman has also served on the boards of Xerox, General Instrument Company, Burndy Corporation, GAF, Intermagnetics General and United Brands among others. </P> <P align="justify"><B>Director: Dr. Roger Brunswick </B>is a managing partner in the management consulting firm Hayes Brunswick that has worked with strategic management issues for such leading corporations as The Gillette Company, Philip Morris, Pitney Bowes, Credit Suisse First Boston, Duracell, and Executive Risk. </P> <P align="justify"><B>Director: Paul C. Cronson</B> is Founder and Managing Director of Larkspur Capital Corp. He has been involved in many areas of asset management and corporate finance. While in London, Mr. Cronson worked with Eurobond issuers and structured transactions. At Chase Investment Bank Ltd., he structured international debt securities and developed &ldquo;synthetic asset&rdquo; products using derivatives. Mr. Cronson has also managed a real estate portfolio, structured financings, and assisted with capital market investments. </P> <P align="justify"><B>Director: Tom Paulsen </B>served for over 34 years in the US Navy in Command, Control, Communications and Intelligence (C<Sup>3</Sup>I), Telecommunications, Network Systems Operations, Computers and Computer Systems Operations. He retired in 1994 as a Rear Admiral and worked for Williams Telecommunications as VP for Central Operations and Training and then Chief Information Officer. He currently serves on the Board of Governors of George Washington University, Institute of Knowledge Management and is Chairman of the Advisory Board and President Emeritus of The Center for Advanced Technology (CAT) in Dallas TX. </P> <td > <tr> <tr><td><br></td></tr> <tr> <td align="center"> <IMG width=100% src="images/divider.gif" tppabs="http://www.umbanet.com/factsheet/images/divider.gif" ></DIV> <td > <tr> <tr><td><br></td></tr> <tr> <td align="center"> <DIV align="justify" class="Part"> <H1><FONT size="+2"><B>Umbanet Advisory Board </B></FONT></H1> <P><B>Michael Coden,</B> President, NextNine Inc., formerly VP Marketing, ADC Broadband.</P> <P><B>Joan Finsilver,</B> Managing Director and Software Analyst, Brean Murray & Co., Inc. </P> <P><B>Joesph J. Gilbert,</B> VP Sales, WinkleVoss; former VP Sales Donnelly Marketing.</P> <P><B>Janice Gretemeyer,</B> former VP of Public Relations for the ABC Television Network. </P> <P><B>Dirk Hazell,</B> Co-Chairman, Foreign Affairs Forum of the Conservative Party, UK.</P> <P><B>Judith Hernstadt,</B> former President & CEO, Hernstadt Broadcasting. </P> <P><B>Bob Nalewajek,</B> former senior HR executive, Pfizer International.</P> <P><B>Louis M. Parks,</B> Managing Director, LaunchAdvisors. </P> <P><B>William McAndrews,</B> former Director, Bell Atlantic Business Calling Products. </P> </DIV> <td > <tr> </TABLE> </BODY> </HTML>