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financial HIGHLIGHTS

During 2007, iPass revenue increased during all four quarters as annual revenue grew from $183 million in 2006 to a record $192 million in 2007. The company marked a major milestone in its transition to broadband access and software-based services, as revenue from these growth businesses increased by 61 percent in 2007. These services accounted for 65 percent of the company’s revenue in 2007, up from 42 percent in 2006. In addition, iPass extended its software presence to a record number of users.


ANNUAL REVENUE

(Millions $US)

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iPASSCONNECT™ SOFTWARE USERS

(Thousands)

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