Jay Hakami

to have a platform to distribute their sell-through data into those suppliers.

So basically, we attack it from both sides, from the retailer as well as from the brand.

Well, it's interesting that the platform is a vendor-funded program.

The retailer does not pay anything.

It's the suppliers who are paying for that data.

So it's 100% a vendor-funded program.

Well, it depends.

If they're looking to only get data from, let's say, Neiman Marcus, they would pay just a few hundred dollars a month to get this information on a portal with the slicing and dicing capability.

But a company like Versace would like to see not only Neiman's, they'd like to see how they're doing in Sachs, in Nordstrom, in Bergdorf, and any other 170 retail that we do worldwide.

So when we do that, we integrate that together with their style information, with their ERP system, so to give them a complete visibility to their product, the orders, the shipments, as well as obviously their sales.

Anywhere from about $5,000 to $6,000 a month.

We have customers paying a hundred dollars for a very small, it's a value based proposition.

So we have customers paying a hundred dollars and we have those paying, you know, 40, 60, a thousand dollars a month as well.

We launched this program about 10 years ago.

So the company has been around for 18 years, but we launched Skype that about 10 years ago.

No, we did it.

We started with a credit card and paid off the debts and no VC money.

It's all operationally profitable.

That's great.

And growing at a rate of 45 to 52% year over year in the last three years.