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Thank you ..... and thank you to the Nasdaq for inviting us here today to celebrate 10
years on the exchange. We are honored to be among the innovative companies who list on
this market leading exchange.
For those of you who dont know iPass .... we are a leader in Global Wi-Fi. We run a virtual
network that allows you to connect to Wi-Fi hotspots around the globe. With your iPass
client on your Tablet, Smartphone or Laptop you have seamless access to 8 million hotspots
on airplanes at airports, hotels, restaurants, retailers, coffee shops, street corners and
stadiums on 5 continents. .. within 10 blocks of this location there at least 200 locations
to get on line using the iPass service. Through our Unity division we also build and operate
wide area networks and Wi-Fi hotspots for some of the nations largest retailers.
Over the last few years we have undergone a dramatic change .. a significant decline
of a legacy business and the careful cultivation of an emergent new business. Three and a half
years ago we embarked on a journey to reinvent our company with an exponential expansion
of our network footprint and a large investment in a new technology platform called Open Mobile,
Today a few short years later, I am proud to say that we have over a million paying
users on the new Open Mobile platform.
We at iPass have a vision of an interconnected world where people can roam the planet and
connect to high speed data services to communicate from any and all devices without worrying
about national borders, their cell phone plans, who their carrier is or what device they are
carrying.
Helping us deliver on that vision we count among our customers the largest enterprises
on the planet including Procter and Gamble, Exxon, SAP, Cisco, Apple, Google and many
others. I would like to take a moment to thank all of them for their confidence and commitment
we are extremely proud to be able to earn their business.
In addition to world's largest enterprises we also serve some of the worlds largest telecommunications
companies .. including Deutsche Telekom, France Telecom, Telstra, KDDI, AT& T and the Zain
Group, and we partner with many others like Comcast, GOGO, Singtel, Telenor, Arquiva,
Boingo and others who build and operate Wi-Fi Networks on the ground and in the air. . For
all of our telecomm and Wi-Fi partners I also want to say thank you for your support and
committment.
As many of you know .. business transitions are difficult .. but business transitions
as a public company are uniquely difficult. For me I have been incredibly proud of our
companies performance through this difficult metamorphosis and for that there are more
than a few people to thank.
First I would like to thank my board for their tremendous support, diligence and attention.
I would like to thank my longer term investors for always doing their homework and for their
confidence in our vision and execution but most importantly I want to thank my fellow
employees, past and present, who have contributed to our transformation. As CEO I draw my inspiration
and energy from the people I work with and I am proud to be on this journey with such
an amazing group of talented, dedicated employees. I thank all of you for the privilege of allowing
me to be part of this team.
...........On that note ..let me turn it back to the NASDAQ for the closing bell.