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Convergence Datacom LLC

June 5th, 2002

Convergence Datacom's Nexserver Pro is a single device that gives small businesses tremendous computer networking power. Benefits include the ability to collaboratively share work documents, share office printers, send and receive email, host the company web site, and access work files securely from home.

The solution has been engineered to outperform Microsoft based server solutions, with significant total cost of ownership and reliability advantages for a small business owner. The Nexserver Pro features a proprietary set of guiding web pages that make the maintenance and administration of the product easy for non-technical employees.

The company has acquired over 75 authorized resellers throughout the United States, recently executed its first OEM licensing agreement, and is completing the translation of its product for its Japanese partner, TTME engineering. The company is building a nationwide sales infrastructure, and is raising up to $500,000 in additional equity and debt to support its channel growth and 2002 product development milestones.

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