Ann: Quarterly Activity Report and Appendix 4C, page-5

Seems to be moving in the right direction and this area has big potential, however the announced discussions they are in with a ‘tier-1 north american bank’ is not a US bank but in fact a Canadian bank. This is unnecessary spin and there is no need for that.
Secondly, I believe that Maestrano has better and more advanced technology and their platform provides more benefit for end-users. Maestrano is able to automatically reconcile all of the data from the various customer sources and present insights based on this reconciliation. They have developed a more advancd Master Data Management platform. While 9spokes simply has a data extraction platform which takes data from individual apps and presents it in a dashboard with no meaningful insights and any forecast is based on one set of data at a time rather then a forecast from multiple sets of data which Maestrano can do. This is not an easy technology to replicate and I don’t believe they will be able to match it.
While both companies have potential to do well and I have invested in both, I have allocated considerably more money in Maestrano.