(Note: This is not a traditional IPO. This is a direct listing. The company has applied to have its stock listed on the NASDAQ. No pricing terms have been disclosed. *I-Bankers is the financial advisor on this direct listing. There are no underwriters.)

In the U.S. market, our SaaS solutions are best suited to our total addressable market of SMBs with two to 50 employees, many of whom have outgrown manual processes, as well as franchise organizations with up to approximately 100 units or locations. We estimate SMBs with two to 50 employees represent nearly 8 million of the 30 million U.S. SMBs. The SMB market is an attractive target for sales of cloud-based tools because market penetration is still low, with 64% of SMBs still not subscribed to cloud software or services, and the increased need for SMBs to integrate technology solutions that facilitate a remote working environment and contact-less customer interactions.