fromKurt Jetta <kurtjetta@tabsgroup.com>
toRICH.BERGERON@gmail.com,
dateAug 4, 2007 8:56 AM
subjectQUESTION ON XYIENCE

Rich,

I came across your block because I have Xyience set up as a Google Alert. I was very interested in your notes on Xyience. They are a client of ours, and I’m trying to get to the bottom of what their business prospects are, and who even is in charge there. Since April, our contact person has changed four times. One recent President and COO, Jan Hall, was only there about a month.

We are having a very difficult time getting paid, but it’s clear that they still want our services. They don’t go totally dark on us, so I don’t think they’re trying to duck out on their commitments.

Here’s the issue I’m trying to get at: they are spending all this money on Marketing, and their in-market sales are still extremely low. So who’s funding this endeavor and why? There’s at least one Private Equity firm involved in the company. Are you suggesting they are getting soaked, as well?

Any hard information you can provide would be helpful. Thanks.

Kurt Jetta
President
203-925-9157
TABS Group, Inc.
www.tabsgroup.com

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