Why YachtSpots

Why YachtSpots?

This service can be likened to a payphone or a news stand on your premises. Even though an deep understanding of how it all works is not necessary, you will want this service to work well for you and your customers. YachtSpots and our partnership with NetNearU (NNU) can offer such benefits as a Nationwide presence, Toll-free customer support, World-class management software (the heartbeat of a wireless service), and the ability to Roam thousands of locations around the US, Europe, Latin America, and the Caribbean. This partnership allows a listing on NNUs Global Database as a wireless location. The NetNearU website contains a directory of all locations where Wi-Fi customers can roam. This increases awareness because most roaming users will choose their travel route based upon where they can get Wi-Fi access. The effect similar to the loyalty of a frequent flyer program.

In the wireless "hot-spot" business, a successful offering is directly tied to the back-office solution which provides services such as user tracking, billing, and customer support. While it was mentioned knowing how this all works is not necessary, it is important that you understand why it will not work. When a user or prospective user signs into an Internet "hot-spot", certain things happen to allow them access to the Internet such as AAA Authentication, credit card approvals and transactions, dynamic laptop configuration, and technical support if needed. Some venders have developed their own networks while others have partnered with an already operational facility. These back-office systems are crucial to the operation of the service. If the controlling software locks up, or the AAA Authentication server fails, or customer support falls short, the network will not function properly.

YachtSpots is in partnership with the NetNearU (NNU) company.

NetNearU Corp., founded in 1997, develops wireless public Internet access solutions and remote monitoring software which tracks user services. NetNearU's public Internet access solutions can be found in hotels, airports, truck stops, retail outlets, marinas, and restaurants throughout the United States, Europe, Latin America, and the Caribbean. NetNearU has cultivated strong strategic partnerships and a blue chip client list that includes the following: AT&T Corporation; Verizon Communications Inc.; Cable & Wireless; Sprint Pay Phone Services Corporation; and British Petroleum Oil UK Limited.

NetNearU has:

· Six years experience in remote monitoring and management of fee-for-use communication devices in cash and credit environments.

· Established relationships with telecommunication industry leaders.

· Seasoned management team.

· NetNearU’s customers have deployed over 1,400 public access devices in over 22 countries around the world, many of which YachSpots members can freely roam.

· NNU has received clean (unqualified) audit reports from inception (1997) through 2002 from Big 4 public accounting firms. The 2002 audit was completed by PriceWaterhouseCoopers.

· Customer Support/Technical Support: End-user support from 7 a.m. to 11 p.m.,7 days per week.

NetNearU’s OSS management system, TRACKOS has:

· Been in continuous operation for almost 6 years.

· Managed over 5,000,000 user sessions - this number is increasing almost 80% year over year.

· Managed over 35,000,000 minutes of user access time.

· Managed over 100,000,000 page hits.

Our partnership with NetNearU allows for increased customer satisfaction and loyalty. Customers are more productive at the Wi-Fi location, and they are more likely to frequent it over locations without Wi-Fi. Providing additional services is a key differentiator from the competition and will keep our customers coming back.