4) What is Telcontar's financial situation?
The company has raised a substantial amount of new money led by the existing Televoke venture investors, as part of this transaction. Based on our projections, Telcontar's management team feels that we currently have enough funding to see us through to profitability.

5) What are your product plans?
Telcontar is currently examining both its product road map and Televoke's in order to determine how it can best combine the technologies. Top priority will remain caring for the needs of our customers, as it has been in the past.

6) What is Telcontar's new marketing plan?
By combining its customers with Televoke's, Telcontar already has an outstanding set of top quality customers, many of whom are in the process of introducing their products and services within the next six months. Therefore, the key to our marketing plan is to support these customers and do all that we can to ensure that they are successful.

In addition to supporting current customers, we will continue to market to the key MSSC, LBS and telematics service providers as we have for the past four years. This will not stop. Telcontar has a broad and flexible product line that is appropriate for any LBS vendor seeking to develop and market services that incorporate mapping, tracking, traffic or navigation, either in wireless or wired configurations.

7) Does this deal mean that Telcontar is pulling out of the navigation, mapping and traffic application space? What is the company doing to support its customers in these areas?
Telcontar is not abandoning its current customers. These key accounts are growing quickly and we expect many of them to introduce exciting new products that expand their business relationships with Telcontar over the next 12 months. While our market data indicates that MSSC is the best opportunity to grow our business, we will be actively selling all existing products.

8) What about the staffing level of the new company? Are headcount reductions involved, and if so what areas of the company were cut?
Telcontar after the merger has approximately 60 employees. There were some headcount cuts required, as is common for most mergers, as we seek to gain efficiencies by consolidating some functions. However, this merger is intended more to generate increased revenue and growth by helping create a mainstream market than as a consolidation. In fact, less than 10% of the headcount prior to the merger is being eliminated.

9) Will Telcontar be moving or consolidating its facilities?
Not in the foreseeable future. Our corporate headquarters will remain at its current San Jose location. The Televoke facility in San Francisco will become primarily an R&D location.

10) How do your customers feel about the merger?
We have already consulted with many of both Telcontar's and Televoke's existing customers. In general their reaction has been very positive. Our industry needs solid, credible vendors offering a solid value proposition for consumers, and reduced implementation time and risk for vendors. This merger furthers all of those objectives, and our customers can see the benefits for themselves.

11) Telcontar currently has a European office and Televoke does not. What is Telcontar's geographic strategy for the combined company?
We are examining that situation now. Clearly there is European demand for Televoke's tracking capability and we are interested in serving that need.