Quipmate is developing an enterprise social network to connect people, conversations, projects and ideas within a company to enhance productivity. It aims to provide features like microblogging, activity feeds, project collaboration, employee engagement and knowledge management. Quipmate sees opportunities in the growing enterprise social network market and believes its ability to customize features without impacting price provides a competitive advantage over alternatives like Yammer, Jive and Socialcast. It plans a phased rollout of its product and has priced access based on the number of employees in a company.