1. WITSA Board of Directors Meeting
June 24, 2014 via Conference Call

2. Call to Order & Approval of Minutes Opening Remarks
Santiago Gutierrez

3. Roll Call
Dr. Jim Poisant

4. Board of Directors City Name Organization Attendance 1 Afghanistan
Omar Ansari
NICTAA 2
Argentina
Dr. Silvia Bidart
CESSI 3
Bangladesh
Shaheen Mahmud Iqbal
BCS 4
Belarus
Dr. Boris Komrakov
InfoPark 5
Bermuda
John Kyle
Bermuda Chamber of Commerce 6
Brazil
Raul Colcher
ASSESPRO 7
Canada
Karna Gupta
ITAC 8
Chile
Luis Stein
Gechs 9
Chinese Taipei
James Liu
CISA 10
Egypt
Eng. Tarek A Monem Taha
EITESAL 11
Greece
Yannis Sirros
SEPE 12
Hong Kong
Francis Fong
HKITF 13
India
Mr. R. Chandrashekhar
NASSCOM

5. Board of Directors City Name Organization Attendance 14 Japan
Takashi Igarashi
JISA 15
Kenya
Waudo Siganga
CSK 16
Lebanon
Nizar Zakka
PCA 17
Malaysia
Looi Kien Leong
PIKOM 18
Mexico
Dr. Amado Espinosa
CANIETI 19
Santiago Gutierrez 20
Nigeria
Florence Seriki
ITAN 21
South Korea
Ki-Chul Kim
FKII 22
Romania
Dr. Vasile Baltac
ATIC 23
South Africa
Roger Latchman
ITA 24
Spain
Antonio Cimmora
AMETIC 25
U.S.A
Shawn Osborne
TechAmerica 26 UK
Julian David
Intellect

6. In Attendance: Non Board Members
City
Name
Organization
Attendance 1
Japan
Junko Kawauchi
JISA 2
U.S.A
Dr. Jim Poisant
WITSA 3
Anders Halvorsen 4
Australia
Tim Conway 5
Malaysia
Jeralyn Quinsayas 6 7 8 9 10 11

7. Matters Arising Dr Jim Posant

8. Matters Arising: BOD Meeting; Nov 11, 2013
ITEM
All former Matters needing review are incorporated in the agenda for this meeting

9. Treasurer’s Report Dr. Amado Espinosa

10. Summary Statement of Income for the Five Months Ended May 31
Jan - May 2014
Jan - May 2013
Ordinary Income / Expense
Income
Investment Income
$ ,276.27
$ ,567.25
$ (290.98)
Program Income
$ ,572.84
Dues, Global Partner Program
$ ,395.00
$ 4,177.84
Other Income
$ ,000.00
Corporate Advisory Program, In-Kind Revenue
$ ,765.00
$ 27,235.00
Total Income
$ ,849.11
$ ,727.25
$ 31,121.86
Expenses
Contract Services
$ ,171.40
Accounting, Legal and Consulting
$ ,586.00
$ (414.60)
Operations
$ ,475.24
Communications, Website, Payroll Processing Fees
$ ,188.00
$ (712.76)
Salary and Benefits
$ ,642.29
$ ,320.00
$ 7,322.29
Travel Expenses
$ ,502.33
All Travel
$ ,078.00
$ 21,424.33
Other Expenses
$ ,229.34
Bank Fees, Insurance, Membership Dues, Rent, Depreciation, Awards
$ ,112.00
$ 3,117.34
Total Expense
$ ,020.60
$ ,284.00
$ 30,736.60
Net Income
$ (140,171.49)
$ (140,556.91) $

11. Summary Balance Sheet as of May 31
ASSETS
Current Assets
Cash Accounts
367,333.26
Cash in operating accounts
Accounts Receivable Net of Allowance
216,085.00
Outstanding dues and other receivables
Prepaid Expenses
26,820.17
Insurance and Mexico D&B Report
Investments - CD's
255,706.03
Certificate of Deposits
Net Fixed Assets
4,002.77
TOTAL ASSETS
869,947.23
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
1,598.14
Credit Card Payables
24,552.32
Accrued Expenses
30,222.11
Expenses incurred such as vacation and pension amounts
Deferred Revenue
135,110.50
Amounts invoiced to customers that have not been earned yet.
Total Liabilities
191,483.07
For example: Mexico IT was invoiced from Oct to Oct The 2014 part was deferred
Equity
Out corporate advisors are also billed on a fiscal year basis, not an annual basis
Unrestricted Net Assets
818,635.65
Net Income
-140,171.49
Total Equity
678,464.16
TOTAL LIABILITIES & EQUITY

12. Difference Over Budget
YTD Actual 2014 VS YTD Budget (For the Months of January Through May, 2014)
Jan - May 2014
Budget
Difference Over Budget
Ordinary Income / Expense
Income
Investment Income
$ ,276.27
$ ,667.00
$ (390.73)
Program Income
$ ,572.84
Dues, Global Partner Program
$ ,083.00
$ ,489.84
Other Income
$ ,000.00
Corporate Advisory Program, In-Kind Revenue
$ ,500.00
$ ,500.00
Total Income
$ ,849.11
$ ,250.00
$ ,599.11
Expenses
Contract Services
$ ,171.40
Accounting, Legal and Consulting
$ ,817.00
$ (4,645.60)
Operations
$ ,475.24
Communications, Website, Payroll Processing Fees
$ ,196.00
$ (2,720.76)
Salary and Benefits
$ ,642.29
$ ,426.00 $
Travel Expenses
$ ,502.33
All Travel
$ ,875.00
$ 13,627.33
Other Expenses
$ ,229.34
Bank Fees, Insurance, Membership Dues, Rent, Depreciation, Awards
$ ,624.93
$ (5,395.59)
Total Expense
$ ,020.60
$ ,938.93
$ ,081.67
Net Income
$ (140,171.49)
$ (154,688.93)
$ 14,517.44

13. Accounts Receivable (1/3) (May 31, 2014)
Dues
Dues
Special Events
TOTAL
ACIST-portuguese Comm
0.00
525.00
Afghanistan
275.00
Algeria IT Association
Argentina
1,275.00
Armenia
Australia
2,525.00
Barbados
Brazil - Assespro
5,025.00
37,525.00
42,550.00
Bulgarian Association of Information Tech
1,050.00
Canada
400,035.00
405,060.00
Chile
Cisco Systems, Inc
15,025.00
CITEA
Colombian Software Industry Federation
Costa Rica Chamber of Info./Comm. Technol
Dell Services Paid
Ecuadorian Association of Software
Fairfax County Government
Finland
1,025.00
Gambia
Greece
Guatemala
Haitian Association for the ICTs
Hong Kong Information Technology Federation Paid

14. Accounts Receivable (2/3) (May 31, 2014)
Dues
Dues
Special Events
TOTAL
Hungarian Association of IT Companies
0.00
525.00
ICT Norway
1,275.00
Institute of Information Industry
25,025.00
III (Taiwan)
Japan Information Technology
7,525.00
Kazakhstan Association of IT Companies
Kenya
275.00
Lao ICT Commerce Association
Lebanon WCIT 2012 Gala
5,025.00
Mexico AMITI
Mexico IT (Incorrect being changed)
Mongolia
Morocco
Myanmar
NAMIBIA
netherlands - ICT Office
2,525.00
New Zeland
Nigeria
Pakistan
Palestinian Information Technology Assoc
Philippines
Poland
Portugal-ANETIE
Portugal - Bus. Assoc.

15. Accounts Receivable (3/3) (May 31, 2014)
Dues
Dues
Special Events
TOTAL
Republic of Korea
2,525.00
0.00
Republic of Kosovo
275.00
Republic of Macedonia
525.00
Republic of Moldova
Romania
Russian Info & Computer Tech Ind Assoc
1,275.00
Senegalese Information Technology Assoc
Serbia
Singapore infocomm Technology Federation
1,025.00
South Africa
Spain
Sri Lanka
Thailand
Softchoice Billed June
15,025.00
Trinidad and Tobago
Turkish Informatics Industry Association
Ukraine
United Kingdom - Info Tech
7,525.00
Uruguayan Chamber of IT
USA – TechAmerica No longer member
10,025.00
Venezuelan Chamber of IT Companies
Vietnam Software Association
Zimbabwe
89,000.00
14,400.00
512,685.00
616,085.00

16. Discussion Block 1.
Status of Delphi Methodology / WITSA’s Existing and Potential Sources of Revenue 2.
WITSA World Congress on IT (WCIT) 2014 Update
WCIT 2014 B2B Platform
Registration 3.
WITSA Global Policy Action & Trade Summit / MENA-ICT 2015 4.
Status on WCIT 2018 Potential Bidders 5.
Status on ICT Excellence Awards 6.
General Assembly / Election of Directors & Chairman

17. Status on Delphi Methodology
Exercise to identify sources of revenue to ensure WITSA´s financial sustainability medium & long term
3 Groups: - GROUP 1: Grants /Alternate Sources of Revenue /Education & Training /Value to SMEs - GROUP 2: Policy / Consulting / New Events - GROUP 3: Dues / Existing Sources of Revenue
Summary sent to BOD for comments 3/28 & 4/18
Potential Income Sources Recorded

18. Existing Sources of Revenue
GPATS
WCIT
Global Partner Program
Advisory Council Program
Dues
Debt (ITAC agreed to pay 60K over the next 48 months)
WITSA & ITAC working on MillenniumEdu project with Intel Canada

19. Potential Sources of Revenue
IT Barometer Study (Proposal Pending with Accenture)
IT Minister’s Summit
MillenniumEdu Program (WITSA has signed agreement)
Education/Training (young people/programmers/ Boris Komrakov)
NGO Training
Grants (WITSA is working with Ijma3 on grant possibilities) One grant pending WITSA/Ijma3 Qualifications)

20. Potential Sources of Revenue (Con’t)
Establish an event in Africa (World Bank Funding?)
WITSA’s Endorsement/Certification Fee
SME Training/Leverage Experienced WITSA members
Consulting Services/Project Management
Public Policy Consulting with Governments

21. WITSA World Congress on IT (WCIT) 2014 Update
Program 95% Complete
Delegate Registration Underway
Register now before prices increase
B2B Platform Functioning “July 1st”
Fadi Chehade (ICANN) Confirmed
Sec Gen UNCTAD Confirmed
US Delegate Marketing Campaign Underway (55,000 names)

22. WITSA Global Policy and Action Trade Summit (GPATS) 2015 (Nizar Zakka)
Status-

23. Status on WCIT 2018 Potential Bidders
Submission Deadline: August 22nd
India (Sec Gen Trip Pending/July 2014)
South Africa (Sec Gen Trip Pending/July 2014)
France
Armenia (Submitting 1st week of July or sooner)
Cyprus

24. Status on ICT Excellence Awards
Nomination deadline: July 1st
Announcement sent 4/23;
Reminders sent 5/28
Final reminder with deadline extension will be circulated shortly

25. General Assembly Meeting/Election of Chairman and Directors (September 27, 2014) (1 of 2)
Nominating Committee to receive recommendations for candidates for election as Directors and Chairman and shall publicize its slate to the entire Membership forty five (45) days prior to the General Assembly.
Additional nominations of candidates for directors may be made by any Member, provided they are received by the Secretary General at least fifteen (15) days prior to the General Assembly, are seconded by another Member, and the nominee(s) meets the qualifications set forth below.
Nominations from the floor at a General Assembly shall not be permitted.

26. General Assembly/ Elections of Directors and Chairman Milestones
July 15th
Announcement call for nominations for Directors and Chairman
August 1st
Nominations of Directors & Chairperson deadline
August 2nd - 13th
Review of Candidates by Nomination Committee
August 14th
Posting slate of all nominations for Directors and Chairperson to all of WITSA
September 13th
Deadline for submissions
September 27th
General Assembly Meeting/Elections

27. Decision Block 1. Termination of Tech America’s Membership 2.
Application for US Membership from the Information Technology Industry Council (ITI) 3.
Application for Paraguay Membership from Cámara Paraguaya de la Industria del Software (CiSoft ) 4.
WITSA Eminent Person’s Awards Recipients (Recommendations) 5.
Director’s Replacement Request
CISA’s requests that Yvonne Chiu replace James Liu

28. Termination of TechAmerica’s Membership
WITSA Bylaws: Ref
The Member's consolidation, merger, amalgamation with or sale of assets to another organization which as successor entity or purchaser is not then a Member;
provided, however, membership may be transferred to such other organization upon application to the Secretary General, review and comment upon the application by Members in the applicable Region, and approval by the Board of Directors,  conditioned upon (a) the successor organization meets the applicable membership requirements set forth in these Bylaws and (b) the successor organization agrees to assume the obligations of membership.  No Application Received

29. Termination of TechAmerica’s Membership
(Note a few weeks prior to the consolidation, SG Poisant ed both principles of CompTIA to set up a meeting-he received no response.
Tech America had not paid their 2014 dues after being billed and reminded twice.
Discussion
Vote for Membership Termination

30. Application from Information Technology Industry Council (ITI)
ITI is a highly desirable WITSA member as the Information Technology Industry Council (ITI) is the premier advocacy and policy organization for the world’s leading innovation companies. 
Members are the world’s most recognized technology brands to solve their most complex policy challenges.
ITI is home to the top innovators and best-run companies around the globe. Forbes ranks ITI members among the most innovative companies on the planet, and ten companies are among the world’s 50 largest corporations.
ITI has submitted its application for Membership on June 17, 2014
Chairman Gutierrez and Dr. Poisant met with ITI’s President & International Director
Discussion
Vote

31. Application from Cámara Paraguaya de la Industria del Software (CiSoft )
Mission is to promote the development of Information Communication Technologies (ICTs) in the country; based on exchange of information, experience and knowledge among individuals, national and foreign companies;
It is the main reference for business, government, academic and individuals;
It is the chamber with most active members in the country;
It is a chamber with thirteen years of activity
Discussion
Vote

32. WITSA’s Eminent Person’s Award
This award recognizes individuals who have made a significant and profound difference in the lives of others. Previous Award Winners: Dr. Nelson Mandela Mr. Mike Lazaridis (RIM)

33. Dr. Robert Khan Dr. Vint Cerf
WITSA Eminent Person’s Award Recipients Co Fathers of the Internet/Recommendations
Dr. Robert Khan
Dr. Vint Cerf
Discussion
Vote

34. Board of Director’s Replacement Requests
CISA’s Director Request that Yvonne Chiu to replace James Liu
Discussion
Vote

35. Regional Vice Chairmen Open Up-Date1.
Africa
Roger Latchman 2.
Middle East & North Africa
Nizar Zakka 3.
Europe (EU + EEA)
Yannis Sirros 4.
Europe (Non-EU)
Dr. Boris Komrakov 5.
Latin America
Silvia Bidart 6.
Caribbean
John Kyle 7.
Asia Pacific
Takashi Igarashi

36. Standing Committee Reports
Global Policy Action Committee Nizar Zakka

37. Calendar of Meetings

38. Overall Program Program Fri Sat Sun Mon Tue Wed Sep 26 Sep 27 Sep 28
Oct 1
WITSA Committee Meetings
Full Day
WITSA General Assembly / BOD
WCIT Welcome Reception
WCIT Gala Dinner & Awards
WCIT – Congress
B2B 38

39. WITSA Meetings in Guadalajara – Sep 26
September 26 (Friday) (Venue: TBA )
Finance Committee Meeting
Membership Committee Meeting
Nominating Committee Meeting
Lunch
Global Policy Action Committee Meeting (GPAC) 39

40. WITSA Meetings in Guadalajara – Sep 27
September 27 (Saturday) (Venue: TBA )
General Assembly
Morning Coffee Break
General Assembly (Cont’d)
Lunch
Afternoon Coffee Break
WITSA Board Meeting (Newly Elected ) 40

41. Other Business / Open Discussion

42. THANK YOU See you in Guadalajara!