EasyLink Services Corporation

EasyLink Services Corporation (NASDAQ; EASY), is a leading global provider of services that power the exchange of information between enterprises, their trading communities, and their customers. EasyLinkÕs networks facilitate transactions that are integral to the movement of money, materials, products, and people in the global economy, such as wire transfers, insurance claims, trade and travel confirmations, purchase orders, invoices, and shipping notices among many others. The company helps over 20,000 companies, including over 400 of the Global 500, become more competitive by providing the most secure, efficient, reliable, and flexible means of conducting business electronically. In the latest quarter, the company generated approximately 100% of its revenues from the provision of messaging services to enterprises.

The company derives revenues primarily from monthly per-message and usage-based charges for its EDI, production messaging and integrated desktop messaging services; and monthly per-user or per-message fees for managed e-mail and groupware hosting services and virus protection, spam control and content filtering services.

Revenues are generated in a number of different ways. EasyLink charges its EDI customers per message. Customers of its production messaging services pay consulting fees based upon the level of integration work and set-up requirements plus per-page or per-minute usage charges, depending on the delivery method, for all messages successfully delivered by its network.