ACCELIO CORPORATION

Accelio Corporation Formerly known as Jetform Corporation. The principal activity of the Company are development and distribution of web based software solutions. The Company operates in three business segments: Products, consulting services and customer support. The products segment licenses the Company's software products. The consulting segment configures, implements, integrates and customizes products and designs automated processes to meet the customers specific needs. This segment also provides necessary training to the customers. The customer support segment provides after sale support for software products as well as providing software upgrades and support programs. Software and license accounted for 61% of fiscal 2001 revenues; consulting, 11% and customer support, 28%.