Empowering Government Efficiency via Enterprise & Mobile Solutions

Announces Acquisition Agreement Valuing the Company at $33.3 Million

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

Message: Re: Welcome to the HealthSpace Hub!

I've been reading some of the news related to HS and many deals they sign add in the neighbourhood of $100K to ARR.  I also looked through the company's presentation and noticed it says they expect to get from $4M ARR to $8M ARR.  Press releases suggest a contract signing occurs once or twice a month with an average increase in ARR of about $100K.  Is one to expect that the company has deals in the $18M pipeline that are substanially bigger than the deals that have already been announced such as a $6-$7M/5 year deal (as an example) that would result in $1M+ addition to the ARR?  Otherwise, the company will need to announce a lot of $500K/5 yr deals to reach the $8M ARR.  

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