Blue Dot Inc.

Fact Sheet,

February 14, 1996

Blue Dot has been formed in order to exploit a unique opportunity in software. Its current mission is to bootstrap a venture to successfully develop and market our World Basic(tm) software product and related technology. Generally, the objective of World Basic is to deliver powerful and sophisticated software technology in an easy-to-use form accessible to a broad market.

To protect the proprietary interest of our partners and associates, further details regarding World Basic and our plans may be obtained under suitable non-disclosure.

Blue Dot envisions two stages for its business development: the current formation stage, and a subsequent commercial execution stage. In the formation stage our goal is to develop the initial technology asset, and to prepare organizationally for the execution phase. We currently have a prototype World Basic which runs at a good performance level, with over 100KB of sources.

To raise seed capital we are offering an innovative venture seed program, secured by this code base as collateral, to be repaid with interest (at 50% APR) on the funding and inception of the execution phase. We expect the capital requirement for this phase not to exceed $50K, and to be completed before mid-1996 (optimally by the 2nd quarter).

The execution phase, required to fully commercialize, market and service this product, will require a more substantial venture. Together with key partners we have participated in developing a detailed business plan (approx. 70pp). The capital requirements of this plan are under $4M, and project the company to reach profitability rapidly. Key officers and staff have been identified for recruitment.

It is the intention of Blue Dot to offer the developed code base to this new venture, and thereby obtain the capital to liquidate the venture seed fund.

Since timing is important, we are actively seeking relationships to support our strategy. Please contact us with questions or suggestions, or for demonstrations or further discussion.


World Basic is a trademark of Blue Dot Inc., all other marks owned by their respective holders.