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Gold/Mining/Energy : Greenhope Resources Inc (GRH)

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To: keith massey who wrote (13)1/28/2000 1:09:00 PM
From: AriKirA  Read Replies (1) of 32
 
Products and Operations

HEAD4 is active and is currently marketing its services. All HEAD4 services will be branded under the 4Site name.

There are three main services:
 HEAD4 4Site application provider services;
 HEAD4 4Site hosting services;
 HEAD4 4Site professional services.

HEAD4 application provider services are based on either packaged applications or specialized ones developed in-house, and are designed to meet the needs of middle market and growth companies for outsourced business functions such as:
 Assets and inventory management
 Sales force management
 Booking and e-commerce
 Web-based training

HEAD4 is in the process of teaming with highly specialized packaged application software providers and major software development companies to implement its 4Site offerings. HEAD4 will sell its 4Site solutions as a service, not as a technology. Its clients will sign long-term contracts with fixed monthly payments made as the service is
delivered. Selling the 4Site solutions as a service reduces HEAD4's clients' initial capital expenditures and makes it easier for non-technical executives to purchase the products. Also, HEAD4 will seek to generate revenues from the transactions generated by these applications over the Internet.

To complement its core application services, HEAD4 expects to offer a complete set of secure high-end IP and Web-enabled hosting services to content developers and e-commerce enterprise as well as integration consulting services. HEAD4 will allow its clients to host their own software applications or data content by implementing
these applications in its worldwide Data Centers, configuring them to meet the needs of its clients, and packaging them with security, redundancy, Internet access, backup and operational support.

HEAD4, with its telecommunications partners, has completed the preliminary architecture for a highly reliable, fully redundant global network of Data Centers designed to support its 4Site solutions where its clients' business software applications will be deployed. When fully operational, the network will offer fast, redundant, reliable and secure access to HEAD4 -managed client application Web sites, which serve as the "Internet gateways" for enterprises and their employees, customers and partners to access and use business application software and data. HEAD4 is planning to have Data Centers in Montreal, Canada, in the US and in Europe, where tremendous growth is forecasted in the upcoming years. The first 5,000 sq. ft. Data Center is planned to be located in Montreal's new CDTI Multimedia Technocenter, and is intended to be monitored and managed from HEAD4's Network Operations Center, also located in Montreal. The network is designed around multiple fiber optic backbones directly connecting our Data Centers and Network Operating Center to our telecommunications partners worldwide. HEAD4's dedicated network should be linked to the Internet in North America via a minimum of two major backbone providers, allowing its clients to gain access to some of the world's largest and most dependable IP Networks available. Using its advanced proprietary network and Web monitoring tools, HEAD4 can proactively manage and monitor its network systems, telecommunications hardware, network connectivity, operating systems and applications software.

HEAD4 will seek to accelerate its business development through acquisition of independent software vendors, datacenters and strategic consulting. An independent outside evaluation of each proposed acquisition will be required before that acquisition is finalized, unless waived with the unanimous approval of the Board of Directors. Although HEAD4 have identified the types of companies they wish to be target for acquisition, the market for possible acquisition targets will not be examined until financing is in place.

HEAD4's revenues will be shared between its specialized Applications Provider Services, high-end E-Commerce WEB hosting and Integration Consulting Services. The main costs of operations are equipment leasing, bandwidth and resources on an operational level. Since HEAD4 invests in the hardware, software and implementation needed by a client once an application service contract is signed, a substantial investment is required in the early years of operation to build HEAD4's client base.

HEAD4 was incorporated in late 1999 and its founders have only recently been actively working on its behalf although all the founders have considerable experience in the targeted field. In this early stage of its business development, HEAD4 has just begun to approach potential clients and earn revenue The principals of HEAD4 have concentrated their efforts in the last 4 months on negotiating future agreements and finalizing HEAD4's strategic business plan. There have been no material acquisitions and dispositions relating to HEAD4's business thus far, nor have any material acquisitions been identified or proposed for the near future. Once the HEAD4 Acquisition has been completed and the details of the proposed financing finalized, the Company will begin to identify possible targets for acquisition.
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