New service rollout — Q2

OSPREYsaas is scheduled for rollout during the second quarter of this year, bringing secure, extensible, scalable, custom database application software-as-a-service (SaaS) to customers. Each SaaS subscription will be provisioned as a private PostgreSQL database coupled with an intuitive browser-based user interface; application data transfered encrypted via SSL*. All OSPREYsaas subcriptions will include weekly encrypted full data backups, with options to add daily data backups.

OSPREYsaas employs theOSPREYsystem to automate database application programming. Given a database definition as input, theOSPREYsystem automatically outputs a corresponding database application: browser-based, plug and play modules, an intuitive user interface; plus secure data routes between the application frontend and the database backend. theOSPREYsystem significantly speeds project delivery and eliminates database application programming costs: customers benefit both ways.

OSPREYsaas subscriptions will be offered pay-as-you-go monthly — billed only after services have been delivered — prepayments not required**. Customers will be able to add, and/or drop, user accounts from day-to-day, as needed. SaaS subscription fees will be calculated based on the number of active user accounts, tallied daily, over each billing cycle.

*SSL: secure socket layer connection

**Prepayments: For customers who prefer payment by cheque, there will be a 6 month pre-paid option priced at a discount