Recently, Foundry Networks presented at the R.W. Baird Growth Stock Conference in Chicago, IL, featuring Michael Iburg, Treasurer. Following that event, was the Piper Jaffray Semiconductor and Communications Conference, in New York, NY. The Deutsche Bank 2007 Technology Conference in San Francisco, CA also featured Mr. Iburg.

The Cowen and Company SMid-Cap Technology Conference has been scheduled for May 31, 2007 in New York, NY, at 1:55 p.m., where Mr. Michael Iburg, Treasurer will speak. Cowen and Company is an investment banking firm whose focus is research, trading and services centered around the key sectors of growth in our economy, including Health Care, Technology, Media and Telecommunications, Consumer, Aerospace and Defense, and Alternative Energy, with nearly 90 years of experience.

On June 12, 2007, Mr. Iburg will appear at the Bear Stearns Technology Conference in New York, NY, at 3:25 p.m. The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns and Co. Inc., a global investment banking, securities trading and brokerage firm, since 1923. Clients include corporations, institutions, governments and individuals.

All of the presentations may be accessed at the company’s website, under the Investor Relations page.

Foundry Networks, Inc. is a provider of high-performance enterprise and service provider switching, routing, security, and web traffic management solutions including Layer 2/3 LAN switches, Layer 3 Backbone switches, Layer 4 – 7 application switches, wireless LAN and access points, access routers and metro routers. Foundry’s customers include the world’s premier ISPs, metro service providers, and enterprises including e-commerce sites, universities, entertainment, health and wellness, government, financial, and manufacturing companies.

For more information about Foundry Networks, Inc., please visit: www.foundrynetworks.com.

The Planet provides quarterly updates to its customers, business partners and prospects with information relative to new initiatives and its progress. With a new corporate moniker, The Planet plans to issue quarterly updates to provide its customers, business partners and prospects with information to validate its progress.

Kevin Klausmeyer, Chief Financial Officer of The Planet noted, ”The Planet posted another record revenue quarter, continuing its inception-to-date string of sequential record quarters. Gross margins also reached a new record level as a result of synergies, increased purchasing power and the leverage within the operating model. EBITDA was strong, coming in at 30 percent. Based on our performance, we expect to grow approximately 20 percent this year, roughly one-third faster than the overall market.”

Douglas J. Erwin , Chairman and CEO of The Planet added, ”We continue to make significant progress in shaping our newly integrated company, and the results are evidence of our success. Delivering a world-class customer experience remains our top priority, and we are investing in virtually every area of the company to deliver on that goal. The quality, reliability and scalability of our data centers deliver extraordinary value to our customers. We will continue to leverage our size and scale to enhance the products and services required to meet the demands of our growing multi-national customer base.”

First Quarter Highlights include:

New Customers, Record Transaction: More than 1,600 new customers leased servers in the company’s world-class data centers. The company also signed the two largest transactions in its history, adding Site5 and expanding its relationship with HostGator.

New Web Site: With enhanced navigation that incorporates the best features from the merged companies’ previous iterations, the new Web site makes it easier for customers to access its comprehensive portfolio of products and services.

New Product: The company added enterprise-class security and performance for private rack customers with Cisco ASA 5500 Series firewalls and Foundry ServerIronXL load balancers. The server portfolio expanded to include Dell’s Clovertown quad-core PowerEdge servers that provide 1.2 Terabytes of storage.

Network Upgrade: Accelerating network performance, the company added Foundry’s NetIron XMR to deliver enhanced performance, high 10-Gigabit port density and support for IPV6 and MPLS to enable future advanced IP services for customers.

The company announced a $5 million investment in a new customer contact center and expanded operating facilities designed to enhance customer satisfaction. The expansion includes its first CRM system, a broad range of new servers, additional software, communications tools and an expanded team of trained support representatives.

Data Center Expansions: The Planet expanded its data centers in Houston and Dallas, adding 25,000 square feet to meet the demands of its growing customer base.

Executive Appointments: In its customer-facing organization, the company appointed James P. Treuting as vice president, global sales and managed services. James P. Picone joined the company as vice president, customer contact centers.

Ultimately, The Planet endeavors to provide the following:

• High level of network capacity and speed to deliver peak performance
• Instant scalability to handle even the largest spikes in network traffic
• Parallel, redundant, multi-tiered network routing and switching architecture to assure reliability and stability
• Multiple layer network security that prevents Delayed Denial of Service (DDOS) attacks from harming businesses
• Knowledgeable experts with a passion for excellence and a commitment to operate the best networks in the business

The Planet is a leading provider of On Demand IT Infrastructure solutions, hosting more than 22,000 small and medium size businesses and 3.1 million web sites worldwide, using the best choice of servers, software tools and support, backed by state-of-the-art facilities and network connectivity.

Adding to its broad array of awards, The Planet ranked #81 on the Deloitte Technology Fast 500 list for North America. The annual survey recognizes the 500 fastest-growing technology companies in the nation based on consolidated results from its regional Fast 50 events. The win capped a series of awards during the year, including ranking #12 on the Fast 50 list for Texas; the Computer Reseller News Fast Growth list; and the Inc. 5000 roster.

For more information about The Planet, please visit: www.theplanet.com.

Colin Campbell, CEO of Hostopia remarked, ”We are pleased with our continued sequential revenue growth and the demonstrated earnings leverage our increased revenues bring. The Company showed strong revenue growth driven by the record 28,000 end user accounts we migrated onto our platform in the previous quarter and the net addition of a further 8,000 end users this quarter. The large end user increase year to date, combined with our backlog of website and email migrations, should result in a further improvement in our operating results over the remainder of the year.”

Highlights include: – Q3 revenue increased 29.8% year over year; 7.1% sequentially from Q2 – 31st consecutive quarter of increasing revenue – 17th consecutive quarter of positive operating income – Announced the launch of new Nexthaus mobile data synchronization applications – Closed 9 new customer contracts for web services, templates and mobile sync services – Added 8,000 end users.

Financial Results for the Third Quarter of Fiscal 2008 Revenues increased 29.8% to $7.3 million in the three months ended December 31, 2007, compared to the same period last year. This was the 31st consecutive quarter of higher revenues. Sequential revenue growth of 7.1% in the third quarter was primarily due to the migration of 28,000 end users onto the Hostopia platform in the previous quarter as well as the net addition of 8,000 end users this quarter. Two website template license contracts also contributed to the sequential revenue growth. Gross profit of $6.3 million increased by $1.4 million compared to last year. Income before interest and income taxes was $643,000 up $189,000, compared to the third quarter of last year.

This 42% increase in income before interest and income taxes was tempered by the $1.2 million increase in operating expenses resulting primarily from: (1) personnel costs associated with two new start-up units within Hostopia: Website Experts (website creation services) and the Nexthaus mobile syncing service, (2) higher amortization expenses related to the acquisition of licensed technology and Nexthaus’ intellectual property, (3) increased operating costs and sales commissions related to the large end user migrations in the second quarter, and (4) the effect of the appreciation of the Canadian dollar on our Canadian dollar denominated expenses. Income before income taxes of $950,000 was $320,000 higher than the same period last year because of improved operating profitability as well as $131,000 higher net interest income.

As revenues continue to grow over the remainder of the year, both from our existing and expanding customer base as well as our expanded product offerings, we expect our income before interest and taxes will continue to improve. Net income of $615,000 was $242,000 higher than the same quarter last year. Basic and diluted net income per common share were both $0.05 this quarter compared to $0.05 for basic and $0.04 for diluted net income per common share in the third quarter of last year. Net income per share was little changed as higher net income was offset by the increase in weighted average shares outstanding related to the Company’s public offering of 4.83 million shares in the third quarter of last year and the exercise of 516,000 stock options this year.

Mr. Campbell added, ”Telecoms today are looking to expand into the high-growth web services industry. Hostopia is uniquely positioned to assist telecoms in this market with its comprehensive suite of value-add services that support small businesses who want to earn additional revenue using the Internet. New and planned additions to our suite of services include Website Experts, Mobile Sync and digital fax to e-mail. All of these services will support future revenue growth. In addition we are looking to accelerate our growth through acquisitions that fully meet our strict investment criteria. We are committed to creating value for our shareholders in the coming quarters through both internal and external investment.”

Hostopia is a provider of web services that are designed to enable small and medium-sized businesses to establish and maintain an Internet presence. The company’s customers are communication services providers, including telecommunication carriers, cable companies, internet service providers, domain registrars, and web hosting service providers. Hostopia’s customers purchase its web services on a wholesale basis and resell these services under their own brands to small and medium-sized businesses. The company provides customers with the technology, infrastructure, and support services to enable them to offer web services, while saving research and development as well as capital and operating costs typically associated with the design, development, and delivery of web services.

For more information about Hostopia, please visit: www.hostopia.com.

For more information about iWeb, please visit: www.iweb8.com.

Statement on Auditing Standards No. 70, commonly referred to as SAS 70, is an auditing statement developed by the American Institute of Certified Public Accountants (AICPA). SAS 70 is designed to allow auditors to review the controls established by service organizations. Independent auditors review the control objectives and activities to ensure the controls are valid and enforced.

HostMySite.com completed the SAS 70 audit of its internal control environment. Clifton Gunderson audited the company’s processes and policies to ensure compliance and consistency with the documented controls. The audit consisted of onsite audit reviews and testing, plus detailed meetings with the HostMySite.com management team.

Timothy Kaufman, Director of Compliance with HostMySite.com remarked, ”We are proud to show our continued commitment to a high level of quality services offered to our new and existing customers by having successfully completed our first SAS 70 Type II report. As anyone who has gone through this auditing process knows, it takes the dedication and commitment of the entire organization to come through this process with the auditor’s statement of ”No Exceptions Found.” This ensures our customers that the security policies, practices and high levels of quality in the services we offer are consistent and reliable. HostMySite.com has achieved this in the past year by increasing the internal auditing of our processes to ensure our consistency and reliability. As always our focus is on providing HostMySite.com customers with the finest level of products and services they can find in a web hosting provider.”

A control is a method used to ensure a policy or procedure established by a service organization is followed. Controls are in place at HostMySite.com to ensure that user organizations are protected. SAS 70 compliant controls are in place at HostMySite.com including: building access and security, datacenter access and security, data storage, customer information security and change procedures of hardware and software.

There are two types of SAS 70 auditor reports, Type I and Type II:

• Type I SAS 70 audits focus on the validity of the controls in operation at the service organization to ensure they complete the specified control objectives
• Type II SAS 70 audits focus on the Type I controls that are in place as well as how they are executed over a specific period of time.

Recently, HostMySite expanded into its new Worldwide Corporate Headquarters in Newark, Delaware, adjacent to the company’s previous workspace, housing both employee offices and one of the company’s data centers. A further portion of the former headquarters building will be converted into data center space, occupying over eight thousand square feet.

HostMySite.com was founded by partners Lou Honick and Neil Heuer in 1997. HostMySite.com provides individuals, small businesses, and large corporations with affordable dedicated servers, VPS hosting, and ColdFusion hosting, supported by 24×7x365 live support through toll-free telephone, email, and live online chat.

HostMySite.com was also recently honored as a Fortune 5000 company. HostMySite.com CEO Lou Honick has presented his ”Pillars of Customer Service” at several professional conferences this year including HostingCon, ISPCon Spring 2006, ISPCon Fall 2006, ITEC Dallas, and ITEC Indianapolis. Additionally, Mr. Honick was recognized as one of the ‘Top 30 Entrepreneurs Under 30′ by Inc. Magazine.

For more information about HostMySite.com, please visit: www.hostmysite.com.

Lance Crosby, CEO of SoftLayer noted, ”2007 was a great year across all operating metrics for the company. We outperformed our most aggressive plan in customer growth, product development, and key financial metrics.”

Key milestones achieved by SoftLayer during 2007 include:

• $33 million in annualized revenue, up from $13 million in 2006
• 32% EBITDA and 5% EBIT margins
• 155% growth in customer base
• 25% growth in revenue per customer
• Over 11,000 servers under management
• Customers in over 100 countries with 40% based outside of the US

Along with record financial and operations results, SoftLayer continued its market leading position by developing new products and solutions for the industry. This included the launch of:

• The SoftLayer API targeted at resellers, enterprises, the developer community (including social networking innovators such as Facebook and MySpace), and other heavy users with existing investment in management tools
• StorageLayer, an enterprise-class offering at mass-market pricing
• Best-in-class security services based on solutions from McAfee and TippingPoint
• A robust load-balancing solution
• Addition of a second data center to enhance capabilities across all service offerings

Mr. Crosby continued, ”The momentum of 2007 and the strong demand for our services on a global basis, has clearly carried forward into 2008. January was a record month for customer acquisition and server sales reaching 1300 units. We are expecting 2008 to be an exceptional year for SoftLayer and its customers.”

The company continues to be cash flow positive and has substantial financial commitments in place to achieve all business plan targets. SoftLayer will continue to invest in infrastructure to deliver on-going product innovation to customers around the world. Planned enhancements in 2008 include an update to the API to better serve the needs of sophisticated users, a virtualization offering, and the addition of two new data center locations to meet the growing demand for SoftLayer services. SoftLayer will drive forward with its vision for allowing businesses to operate serverless IT departments by delivering real-time technology that scales with the success of the business.

Headquartered in Plano, Texas, SoftLayer was formed in June 2005 and delivers next generation web hosting and on-demand datacenter services on a global basis from facilities in Dallas TX and Seattle WA. Utilizing proprietary management tools coupled with the industry’s first network-within-a-network topology, the company delivers power and control to securely manage IT environments while providing scalability.

To learn more, please visit: www.softlayer.com.

Barry X Lynn, Chairman and CEO of 3Tera, joined other industry leaders, in a panel discussion on delivering financial applications as SaaS. Wall Street Show and Conference is the premier conference for Web Services, SOA, Web 2.0 and Software as a Service (SaaS) sectors.

Pete Harris, Conference Chair and President, A-Team Group noted, ”SaaS is a slam dunk for Wall Street, so long as it can deliver the five nines reliability, scalability and security that is required. This conference will explore the state of the art of those areas and we are excited to have 3Tera participate.”

The panel discussion entitled ”Delivering Financial Applications as SaaS ”Making IT Work!” took place at the Roosevelt Hotel in New York City, New York. William Adiletta, President, TekFinancial Solutions, moderated the panel. Joining Mr. Lynn on the panel was Jim Richmann, Principal Architect, Digital Enterprise Group, Intel, and Raju Vegesna, Evangelist, Zoho.

The panel session examined how deploying critical business applications ‘in the cloud’- whether that be inside or outside the corporate firewall is being viewed as a promising architecture by both vendors and users of financial applications. But enterprise-readiness of these SaaS applications requires issues such as security, scalability, data integration and offline/online synchronization to be resolved.

2008 Web Services/SOA on Wall Street expands to include Web 2.0 for the Wall Street enterprise and SaaS offerings for the financial markets. Underlying technologies including ESBs, Java, .Net, XML and AJAX are also covered. Web Services/SOA on Wall Street was created by the same team that has produced highly successful financial markets events over the past decade. These include Wall Street on Java Technology, XML on Wall Street, Wall Street IT – The Next Generation, Linux on Wall Street, and High Performance Technology on Wall Street.

Mr. Lynn brings to 3Tera hands-on experience in datacenter innovation and deep understanding of enterprise customers and applications. He has over 35 years of experience as an IT and financial services executive in Fortune 100 companies, and as an entrepreneur. Earlier in his career, Mr. Lynn was at Wells Fargo, where he was executive vice president and head of Investment Operations before becoming chief information officer (CIO) of Wells Fargo and Company and president of Wells Fargo Technology Services. While at Wells Fargo he built the world’s first Internet online banking system in 1995. Mr. Lynn was also president of Wells Fargo Securities Clearance Corp. and founder and president of Wells Fargo Securities, Inc.

Prior to 3Tera Mr. Lynn founded Be eXceL Management, Inc., a management consulting firm which incubated early stage technology companies. He was also Director and General Partner of Shoreline Venture Management, an early stage venture capital firm. Mr. Lynn served as Chairman and CEO of PRIVACI, a provider of anonymous purchasing and personalized services for consumers on the Internet. Mr. Lynn was Director of Merant PLC, a public software company, prior to its acquisition by Serena. Mr. Lynn is currently on the Boards of Directors of Alacritech, Attune Systems and Layer 7 Technologies.

3Tera, Inc. provides grid and utility computing solutions designed to simplify the deployment, operation and scaling of online services. The company’s AppLogic grid operating system was developed to allow web hosting providers to offer true utility computing that enables anyone with a browser and basic IT skills to operate dozens of servers, and hundreds of online applications, without owning and operating hardware infrastructure. 3Tera is a privately-held company headquartered in Aliso Viejo, California with R and D facilities in Silicon Valley, Israel and Eastern Europe.

For more information about 3Tera, please visit: www.3tera.com.