SUBSCRIPTIONS ARE THE FUTURE - - AND ZUORA'S LEADING THE WAY

Thanks to the power of the Internet and cloud computing, many products are moving to subscription services delivered online—everything from music and DVDs to software and infrastructure to groceries and cars.

Why buy a DVD when you can subscribe to Netflix and access a whole library? Why install CRM software when you can subscribe to the world-class version online from salesforce.com? Why buy a car when you can subscribe to ZipCar and get the whole fleet?

However, companies that are delivering these new services need a way to run their subscription business AND support their unique needs. For example, they need pricing flexibility to address different customer groups, operational scalability for growth, and key metrics, like churn and monthly recurring revenue (MRR), to assess the health of their business.

That's where Zuora comes in. Just as Amazon makes it easy to become an online retailer, Google makes it easy for anyone to advertise online, and PayPal makes it easy to accept online payments, Zuora's vision is to make it easy for any company to build, manage, and grow a subscription business.

Backed by Benchmark and Marc Benioff, Zuora was built from the ground up by SaaS industry visionaries and veterans from salesforce.com, WebEx, Postini (now Google), and Oracle. The Zuora team grew up in the subscription services world. In addition, Zuora has assembled a world-class Board and Advisory Team, with industry experts from eBay, Accenture, Cisco, and most recently, Scott Thompson from PayPal.

Our first product, Z-Billing, has already attracted 40 customers since the launch in May 2008. Scalable, flexible, and easy-to-use, Z-Billing was named "the Salesforce of online billing" by TechCrunch. We launched our second product, Z-Payments, just five months later, and also announced a strategic partnership with Internet giant PayPal. At salesforce.com’s Dreamforce 2008, we introduced Z-Force, the first billing and payment solution fully integrated with salesforce.com. With all the exciting action this year, we've certainly earned our reputation as "a company to watch in 2008", and we continue to move fast. Check back often to learn about the latest innovations from the leader in subscription billing and payments.