EasyLink Services Corporation (EasyLink) is a provider of services that facilitate the electronic exchange of information between enterprises, their trading communities and their customers. The Company handles approximately one million transactions per business day that are integral to the movement of money, materials, products and people in the global economy, such as insurance claims, trade and travel confirmations, purchase orders, invoices, shipping notices and funds transfers. It offers a range of information exchange services to businesses and service providers, including transaction delivery services, involving primarily the electronic delivery of messages and transactions for its customers via electronic data interchange (EDI), fax, e-mail and telex, and transaction management services, which integrate a range of services and capabilities that help customers better manage a business process in addition to delivering a transaction. During the year ended December 31, 2005, approximately 69% of EasyLink's revenue was attributable to its United States business and 31% was attributable to the business outside the United States. Outside of the United States, the Company has either direct and/or indirect distribution channels in Brazil, Canada, France, Germany, Hong Kong, Israel, India, Japan, Korea, Malaysia, Singapore, United Arab Emirates and the United Kingdom. The United Kingdom is the largest contributor to its international revenues, as well as the primary location of EasyLink's network and servicing infrastructure, outside of the United States. The Company offers a range of transaction management and transaction delivery services to customers composed predominantly of business enterprises. EasyLink Integrated Desktop Messaging allows the customers to integrate fax sending and receiving with their existing corporate e-mail systems and associated administrative systems. Offered on an outsourced basis, this service helps align fax communications with existing electronic workflow systems and procedures, including employee administration, security and compliance. In addition, the service offers several key administrative management features, including user administration (including integration with back office personnel systems), call detail reporting for internal accounting support and private-label branding services. EasyLink Document Capture and Management services are a family of services that significantly reduce the time and expense associated with receiving and processing transactions that originate on paper forms by digitally converting them into usable data that can be processed directly by enterprise systems, such as production servers, workflow solutions and databases. EasyLink Fax to E-mail Plus service is an enhanced version of Fax to E-mail service with the ability to route an in-bound message, based on the information contained in the faxed document rather than just to the single e-mail address associated with the in-bound fax number. EasyLink's Fax to Database Service creates database records that combine the received image with associated document information that is captured and verified from predefined fields within the image. Database records can be exported to customer systems or hosted by EasyLink. Its Fax to Data Service is an automated data entry capability, which captures information on a received form, verifies it with human operators and then converts the information into a live data format, such as EDI or eXtensible markup language (XML). This data is then exported to customer production systems through various methods. EasyLink Data Conversion service enables companies to exchange data in different data types, formats and structures. This bi-directional service enables customers to use one consistent data format and to communicate with many other companies, which require different data formats. EasyLink supports over 100 data formats, which include XML, EDI, text file, comma separated value (CSV), Excel and other commonly used formats. EasyLink Production Messaging PM2.0 s

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