Microvac proposes to enter into several joint ventures for acquiring new technologies and broadening the existing technology base. This will enable the company to widen its sphere of activities to newer and upcoming areas of Internet applications.

Deployment -- Some of the currently identified areas of focus will be on acquisition and deployment of convergence technologies relating to broadband multimedia webcasting and integration of the Internet with wireless, mobile computing and mobile phones. We believe these sectors to be the future hotspots due to the high penetration of mobile phones and also due to the ongoing induction of 3G mobile phones worldwide.

Development -- We intend to enter into joint venture for design and development of specialized signal processing and networking hardware for VoIP and convergence technology applications using embedded microcontrollers and software based DSP implementations.