1. Participating in the SEC’s XBRL filing program – implementation framework Presented at Northern California OAUG January 17, 2008 Presented by: Jay Chandran, CPA Solutions Partners, Inc Los Gatos, California, USA E-Mail: Jay.Chandran@solutionspi.com Jay.Chandran@solutionspi.com Cell phone: + 1 (510)-710-7835

2. Today’s presentation Introduction Introduction About SimpleX and Solutions Partners About SimpleX and Solutions Partners Overview of XBRL and the SEC Filing Program Overview of XBRL and the SEC Filing Program SimpleX solution for XBRL filings SimpleX solution for XBRL filings Demo Demo Q & A Q & A

3. About SimpleX XBRL domain expertise XBRL domain expertise - Member XBRL-US consortium - Recognized expert ERP and data warehousing expertise ERP and data warehousing expertise - Oracle, SAP, Hyperion, Cognos etc. 20+ years of complex financial systems experience 20+ years of complex financial systems experience

4. Overview of XBRL and SEC’s VFP XBRL = eXtensible Business Reporting Language (www.xbrl.org)XBRL = eXtensible Business Reporting Language (www.xbrl.org)www.xbrl.org Self-contained xml wrapper for each data element in the financial statementSelf-contained xml wrapper for each data element in the financial statement Utilizes a standardized classification taxonomyUtilizes a standardized classification taxonomy Enables ease of analysis and benchmarking, minimizes duplication of data entryEnables ease of analysis and benchmarking, minimizes duplication of data entry Intended meaning of various data elements retained for downstream usersIntended meaning of various data elements retained for downstream users Currently XBRL is a voluntary filing programCurrently XBRL is a voluntary filing program Currently XBRL is a voluntary filing program (VFP)Currently XBRL is a voluntary filing program (VFP) - 40+ Companies including Microsoft and Adobe XBRL will become mandatory in the futureXBRL will become mandatory in the future - The questions is “when” not “if” - Latest information points to end of 2008 www.xbrl.org

5. The XBRL timeline Spring 2005- The SEC starts accepting XBRL formatted financialsSpring 2005- The SEC starts accepting XBRL formatted financials The purpose of the VFP is to investigate the use of XBRL:The purpose of the VFP is to investigate the use of XBRL: – Test the XBRL technology and software availability for data tagging – Review software/ services availability for data tagging – Understand maturity of taxonomies and depth of data tagged – Understand level of effort to tag data in XBRL format – Test usefulness of tagged data for Commission and investor analysis/review Fall 2006- The SEC announces a $54 million contract to modernize EDGAR to accept XBRL filingsFall 2006- The SEC announces a $54 million contract to modernize EDGAR to accept XBRL filings - The contract also includes a $5.5 million to complete the US-GAAP taxonomy End of 2008 – XBRL becomes mandatory?End of 2008 – XBRL becomes mandatory?

6. SimpleX solution for XBRL Solution is combination of Software as a Service (SaaS) & Managed Services Solution is combination of Software as a Service (SaaS) & Managed Services - Hosted software solution to convert financial reports into XBRL compliant tagged files - Managed services to support XBRL mapping, XBRL standard changes and SEC directives Developed Tag e zee ™ to help tag financials statements easily Developed Tag e zee ™ to help tag financials statements easily Adobe Systems case study Adobe Systems case study

7. Implementation approach Analyze historical financials Analyze historical financials - SimpleX determines XBRL gaps and issues Develop scope, plan and timeline Develop scope, plan and timeline - Start with Q&K facing financials - Follow with MD&A - Notes are final stage Communicate high-level project plan with IR, auditors and others within the organization Communicate high-level project plan with IR, auditors and others within the organization

8. Implementation approach contd.. Use prior period (historical) data for initial implementation Use prior period (historical) data for initial implementation - Identify applicable taxonomy elements and need for extensions - Review Presentation report for element details (tags) - Display in instance document same as in the original document - Review and sign-off process developed with financial reporting team “Go Live” with next period’s Q or K “Go Live” with next period’s Q or K Fully COLLABORATIVE process Fully COLLABORATIVE process

9. SimpleX Tagezee ™ attributes Software designed with service providers and end-user companies in mind Software designed with service providers and end-user companies in mind Developed in an environment accountants are most familiar with Developed in an environment accountants are most familiar with Source files treated as “Prepared by Client” and kept 100% unmodified Source files treated as “Prepared by Client” and kept 100% unmodified XBRL internals kept hidden, but not invisible XBRL internals kept hidden, but not invisible - Users can drill down as required

10. Adobe Case Study Adobe Systems named one of the top Model Companies for the quality of their XBRL filings Adobe Systems named one of the top Model Companies for the quality of their XBRL filings - Last 9 quarters XBRL filings made along with the official filing, last 4 quarters have MD&A - 10 of 10 filings had no errors

11. Demo using Tag e zee ™ Demo using Tag e zee ™