Fusion’s product offerings are designed to capit

Fusion’s product offerings are designed to capitalize on the rapid growth of cloud-based voice and information services which replaces on-premise equipment based on traditional circuit switched technology including PBX’s and servers with remote services delivered over the internet. Customers switch from legacy, equipment-based communication and information services to cloud based services to take advantage of lower cost of ownership, lower exposure to obsolescence, materially reducing management responsibility and maintenance responsibility, take advantage of a larger range of services and applications available from the cloud, scale as their businesses grow (or contract) without hardware changeouts, and to achieve greater reliability. We are aggressively introducing a broad suite of cloud services, particularly focusing on select, large vertical markets, which address industry-specific customer needs and are not easily duplicated by competitors. These cloud communications and cloud-based information services are being developed primarily through major partners who seek access to the Company’s expertise and its distribution channels.