Revenue and Earnings Contribution – Q1’08 vs Q1’07

(in Million Pesos)

Many equities and industry analysts have recognized IPVG’s unique business model amongst Philippine listed companies. While focused on high-growth technology driven sectors, IPVG generates revenues from USA, Europe, and SE Asia thereby offering regional and global exposure. This has translated to a sustained growth in the company’s earnings with minimal risk (no single industry; single country risk).

As a result of the strategic make-up and structure of the company, IPVG is well positioned to capture a share of the global communications, online games and BPO markets.

Year-Opener: Global and Vertical Expansion through strategic acquisitions and joint-venture partnerships

IPVG executed on a global expansion during the first quarter of 2008. From purely Philippine-based revenues in 2007, Q1 2008 consolidated revenues from IPVG’s operations around the world.

Some of the key highlights of these activities include:

• In January, IPVG entered a niche and high-growth market of high-end managed security with the acquisition of Prolexic Technologies – the leading provider on DDoS (Distributed Denial of Service) mitigation. The US$ 10.5M investment instantly gave the IT company a global footprint for DDoS mitigation, and strong U.S and European presence.