When we launched LeapFILE Folders at DEMO fall '09, we thought it was a pretty big deal that we were enabling users to collaborate with team members and clients directly from their desktop file explorer without emailing, browsing or uploading/downloading. In addition to easy collaboration, the system provided IT with complete control and visibility of corporate data, including remote wipe. The response to our launch at DEMO and our early private beta program feedback substantiated it was a big deal.

In continuing the momentum, we also stepped up our marketing efforts, including participation in major tradeshows like Enterprise 2.0 and Defrag, and hiring a well known PR firm. A funny thing happened along the way. We realized that our new technology could serve as an aggregation platform, which would connect all users from their desktop to any and all corporate file sources. LeapFILE Folders has now evolved, naturally and organically, into LeapFILE Virtual File System ("VFS").

The power and possibilities of VFS are limitless. You can see examples of what VFS can solve here and here and here. The response from our customers so far has been overwhelming and shown us that this is the right direction. To achieve this enlarged vision, we've decided to defer attendance of Enterprise 2.0 (we're signed for 2010 in Boston) and Defrag. We are going to miss those who were planning to meet us at those events.

Instead, we are going to take the necessary time to ensure that our product meets scalability demands, performance expectations, and feature robustness. If you follow and know us by now, this is not a time out. We're working harder than ever and reloaded with talent on every front.

In fact, the next time you see us on the conference and trade show circuit, you may know us as the "Next Big Thing". Enterprise 3.0?