A New Way to Communicate…July 6th, 2009www.vaporstream.com

Corporate CommunicationEmail is the tool of choice for corporationsEasy to useInformalOne or many recipientsIntegrates with workflowEnhances collaboration between co-workers and superiorsCommunicate now or later2

What started out as an easy way to communicate has become a “universal” filing system. Email was really invented as a transitory electronic messaging system.Lower storage costs and faster broadband speeds have made the archiving and transmission of email almost limitlessPeople now keep everything!Yet…Email is an electronic “time stamped” perfect record of a communicationEmail can live forever… in your system… or someone else’s… or in someone’s whom you don’t even know3

Why this matters… 4

585%of employees say they now prefer communicating by e-mail rather than phoneE-mail use went up 55% between 2003 and 2006*92 billion Corporate emails are sent a day in 2009; expected to double by 2013***Source: The e-Policy Handbook, second edition, Nancy Flynn, p. 34*, 2009**The Radicati Group, Inc., March 2009

Further…email is not free!Corporate cost to create/send each email is $.02An average user sends an estimated 50 emails a dayA company with 5000 email users will spend…$1,200,000 a year just to send email**This does not include the costs of records management and e-discovery. 6

In fact, email is too costlyThough storage unit costs are at historic lows, the amount of data being produced by employees is increasing. Consider that a 1MB email creates 52MB of downstream storage use!*Greater total costGrowing archival costs43% of surveyed companies read internal email and 96% read external email**e-Discovery costs are even greaterWith each e-discovery request, there are costs on IT and Legal departments on a per message basis7*Source: General Counsel conference, NYC, June, 2009**The e-Policy Handbook, second edition, Nancy Flynn, p. 65, 2009

And, email is too riskyUser’s do not perceive email as a permanent recordIn today’s litigious environment, risk to the enterprise must be better managedImproved records management practices can help: Defend the enterprise Minimize misuse of e-mails that make headlines dailyThe corporate image is harmedMany times, careless/casual e-mails/IMs become critical evidence, if not now, sometime in the future Reduce already rapidly growing search costs8

943%of employees don’t adhere to rules or don’t know if they’re compliantSource: The e-Policy Handbook, second edition, Nancy Flynn, p. 6, 2009

10Nearly1in5outgoing e-mails contains content that poses a legal, financial or regulatory riskSource: The e-Policy Handbook, second edition, Nancy Flynn, p. 57, 2009

11Employee Email Subpoenaed:2001 – 9% of companies2006 – 24%Source: The e-Policy Handbook, second edition, Nancy Flynn, p. 5, 2009

Introducing….A system that – Reduces email (storage) and archival (future storage) costs Works within the corporate governance frameworkAllows employees to talk freely with one another enhancing collaboration and privacy12

VaporStream is a recordless messaging system that combines the benefits of text with the confidentiality of a conversation. Ensures privacy for both sender and recipient Informal like a conversation Integrates everywhere that e-mails are sent and received Easy for everybody to use Is NOT e-mail or IM13

VaporStream Recordless MessagingUnlike email or IM, it does not leave a record First recordless electronic communication Patent pending technology Uses your email address Cannot be intercepted in transit or queuing Secure closed system Cannot forward, edit or save14ONCE THE MESSAGE IS READ, IT IS GONE

A few uses of VaporStream15

16The Real Cost of Email (Conceptual)

Take the average company…17According to EDRM for every $1 you spend on email, it will cost you $3-$5 in e-discovery.

It only takes a small reduction in the number of emails for VaporStream to break even. *Based on each email costing $.02. and VaporStream costing $5.00 per month. 18

19The real savings of VaporStream*Based on a 25% reduction in email volume.

You need VaporStreamThe current costs of email are high and increasing So are the risks, the challenges of: SurveillanceLoss of privacye-discoveryIn response to those costs and challenges, VaporStream changes the landscapeWhy keep anything that is supposed to be transitory?VaporStream is what email was supposed to be!Now is the time to act20

IF YOU NEED A RECORD, USE EMAIL. FOR EVERYTHING ELSE, USE VAPORSTREAM.21visit: www.vaporstream.com

Appendix22

How to bring VaporStream into your lifeRevisit Records and Information Management PoliciesSimple enough to be understood and usedConsistent enough to be defensibleIncorporate VaporStream into company policiesEasy to install and operate23

Addressing Frequent Questions Concerning VaporStream24