JCURVE SOLUTIONS LTD — Interim / Quarterly Report 2008

Mar 26, 2008

Company Update

Mike Fairclough – CEO

March 2008

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Stratatel Today

	Office Location Sydney	Role Stratatel Sales; Softlog Sales; Client Services; Finance
	Melbourne	Stratatel Sales; Softlog Sales
	Perth	Product Development; Stratatel Sales; Softlog Sales
	Brisbane	Softlog Sales; Client Services; Development
	Adelaide Singapore	Softlog Sales Representation Softlog Sales & Support Representation
	Johannesburg	Softlog Sales & Support Representation
	London	Stratatel Sales Representation

 2 Operating Divisions  approx $4m of annuity revenue as at 1/11/07  approx 50 staff  5 Australian offices  3 International representative offices

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Stratatel
FleetManager [®] Group Softlog
Group Finance Group Sales
Operations Development Operations
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Financials

Consolidated Revenue by Fiscal Half Year

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$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
HY1 HY2 HY1 HY2 HY1
2005/2006 2006/2007 2007/2008
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Financials

Consolidated Net Profit/Loss by Fiscal Half Year

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$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
HY1 HY2 HY1 HY2 HY1
-$100,000
2005/2006 2006/2007 2007/2008
-$200,000
-$300,000
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-$400,000
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Stratatel Objectives 2007–2008

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Increase
revenue by
80% over
06/07 (organic
growth)
Increase
Complete earnings by
Phoneware 50% over
acquisition 06/07 (organic
Objectives growth)
2007-2008
Continue
Dividends to integration of
shareholders Softlog
business
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About Stratatel Software Solutions

• Asset, User, Expense Management and Cost Recovery software

• All IP owned by Stratatel

• Mobile and fixed telephones, taxi expenditure, printing, copy, scan, fuel cards etc.

• ROI – immediate

• Clients use software to DIY / outsource to Stratatel

• Approximately 700 clients; corporate, government, legal including:

• RailCorp, Optus, Asciano, Dept. of Commerce, SKM, Grant Thornton

• Synergistic business models:

• Traditional software license / maintenance

• ASP / SAAS

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Recent Highlights

Stratatel:

• acquires Vircom (competitor) – earnings accretive

• acquires Softlog Systems Pty Ltd – earnings accretive

• revenue of $2.8m H1 2008, up 100% over H1 2007

• pre-tax earnings of $347k in H1 2008, up 95% over H1 2007

• pays regular dividends

• Canon reseller agreement

• Fuji Xerox partnership

• Optus re-launch Optus MobileFleet to Optus Management and Sales

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Financial Summary

• 80,340,717 shares on issue

• 3.45m unlisted employee options on issue

• Share price 10c at 26 March 2008

• 52wk range: 0.082c – 0.16c

• Market cap: approx $8m

• No debt

• Operating cash flow positive and profitable

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About Phoneware

• Well known company and products (20 years)

• Melbourne based

• Telecomms Expense Management / Call Accounting

• Approx $1.8m annual contracted / maintenance revenue

• Client base of over 750

• Key channel partnerships; NEC, Telstra Business Systems

Phoneware Integration:

• Sits under FleetManager[®] division

• Reduce expenses by 60%

• Ensure retention of maintenance / contracted revenue

• Commence development of integrated products

• Upsell FleetManager[®] to Phoneware clients

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Stratatel Numbers (including Phoneware) 2008-2009

• Approx 105m shares on issue

• 3.45m unlisted employee options on issue

• Revenue approx $8.5m

• Earnings approx $2m

• Earnings per share approx 2c per share

Note: The Phoneware acquisition has not yet completed as at 27/03/07

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Stratatel Objectives 2008-2009

Business Objectives:

• Revenue approx $8.5m (subject to Phoneware completion)

• Earnings approx $2m (subject to Phoneware completion)

• Release major products currently under development

• Commence cross-selling to 1500 clients

• Maximise revenue from sales partners including Canon, TBS, NEC and Optus

• Sales growth from international sales partners

Corporate Objectives:

• Complete further acquisitions

• Continuing dividend payment policy (future franking)

• Capital growth

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