I am pleased to report that Monolab|Workspace just established a partnership with Polycom. Through this partnership, each workspace will be equipped with a fantastic Polycom HDX Media Center video conferencing system. The first system will be installed at the Monolab|Workspace Palo Alto, and should be ready to use at the launch party, to take place on July 14, 2008 (Bastille Day). Polycom will also join the upcoming Office 2.0 Conference as a Gold Sponsor.

This partnership marks the first of a series of relationships that we are developing with the best equipment manufacturers and solution providers. Many more should be announced in the coming days, among them Swisscom and Xerox. In selecting our partners, we look for companies that have a global presence, and will be in a position to support our aggressive development plans.

With respect to this particular partnership, I would like to thank Michelle Chessler and Kathy May from Polycom, and Shelley Symonds from Etelos, who came up with the original idea and did most of the selling for us. We very much look forward to working with you on this project.