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Phase 2 International Overview || October 9 2008

www.Phase2.com

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Founded in 2003 as a local IT consulting firm -- MS Gold Certified Partner

June 2007 - Shift focus to Software as a Service

Large investment in SaaS platform

Management team together for 5 years

HistoryHistory

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The Problem

OverviewOverview

Costly and complex hardware, software, and support systems are a fact of life for businesses

On-demand business software accessed via the internet (Software as a Service)

One of only a few companies offering a full suite of business software

Focus on small to medium sized businesses On-staff software developers -- offer

customization, integration and support

The Differentiator

The Solution

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Data CenterData Center

N+1 HVAC, UPSs, generators and redundant high speed ISP circuits to four carriers

Dell and IBM blade servers

Incremental data backup nightly, full backup weekly

SLA 100% uptime

Tight physical and procedural security protecting customer data

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InvestmentInvestment

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ShareCAD Pro TM Provides enhanced collaboration for AutoCAD

“Software of the Year” – 2008 Hawaii Technology & Internet Expo

ShareMeeting TM Web conferencing solution

Partner Software Microsoft Office SharePoint Server 2007 Microsoft Exchange 2007 Microsoft CRM 4.0 Microsoft Project 2007 Microsoft Office Communicator 2005 Microsoft Team Foundation Server

ShareBooks (TBD) Hosted accounting platform for SMB

OfferingOffering

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Brand and Media ExposureBrand and Media Exposure

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Market OpportunityMarket Opportunity

Forecast

2008-2011Forecast

2008-2011

Source: Gartner

YOUR LOGOA single product

Customization

Suite of products

Out-of-the-box

CompetitionCompetition

Commodity

Low Value

Some Value

High Value

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Market NicheMarket Niche

Breadth of Software Suite•Extensive collection of business software titles•Widest selection of MSFT titles as SaaS

‘High-Touch’ Support Model•Encourage customer contact•Live product training included•24-hour helpdesk

Customization and Integration•All customers get basic level free•Full programming staff available for more involved issues requiring coding or consulting

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ManagementManagement

Kevin Doherty, CCIE – Chief Executive Officer•17 years in IT engineering, sales, sales management, and executive positions•Recently built sales organizations for Northrop Grumman and Apptis, both exceeding $40M/yr

Michael Devine, CPA - Chief Financial Officer•30 years in the public accounting and securities profession•Owned Registered Investment Advisory firm

Adam Smith, Director of Marketing•US international diplomatic roles for Department of Energy•Master’s degree from MIT

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Contact:Adam SmithP. 808 550 2739 ext 216smitha@phase2.com900 Fort Street Mall, Ste 1450Honolulu, HI 96813

QuestionsQuestions