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James Integrated Technologies Corporation <br /> • <br /> • Page 3 <br /> Free. Free releases of single user software distributed over the Internet. <br /> Training CD. Offer the training CD for $99. The Company expects 20% of those <br /> downloading the software will buy the training CD. <br /> Partners. Free or near free releases through major marketing partners to gain access <br /> to their channels of distribution. <br /> CD Distribution. Use catalog capabilities to create CD catalogs for companies. - <br /> Free Introduction Seminars. Conduct 1.5 hour seminars to introduce many people to <br /> product capabilities. <br /> For Fee eCommerce WorkShops. Conduct 2 day seminars. People will be required <br /> to bring their data in specified formats and will leave the seminar with their eCommerce <br /> solution operations. <br /> Use software to develop ISP customers. <br /> • COMPETITION: <br /> The computer software market is one of constant change and rapid development. If the <br /> Company wishes to be successful, it must be constantly cognizant of its competition. <br /> Microsoft and Netscape have similar programs in the $5,000 range. They could offer a <br /> free eCommerce solution. iCat has a web catalog program that costs $5,000. They are <br /> competing very well against Microsoft. <br /> JIT needs to be very driven to capture wide portions of this market before it becomes <br /> flooded with competitors. It we succeed, JIT will gain market share and tremendous <br /> revenues through the recurring sales. <br /> MANAGEMENT: <br /> William James, Chief Executive Officer and President <br /> Mr. James has overall responsibility for the management of the corporation. <br /> Additionally, he serves as the lead product developer of all software for the <br /> corporation. Before joining the Company, Mr. James founded Applied Statistics, Inc., <br /> • where he served as president from 1986 through 1998. Mr. James has a 13S is <br /> Engineering from the United States Military Academy, West Point, New York. <br />