that first question they asked, Alex, about the what came out of the pipeline over the past
quarter? Which I assume you mean due to signings?
<Q Alex Silverman>: Correct.
<A Mike Willoughby>: That number is going to be in the 1 million to 2 million range.
<Q Alex Silverman>: Okay.
<A Mike Willoughby>: Just off the top of our heads, we kind of looked at what were
dealing with there. That would not include churn that comes from other areas such as opportunities
that come into and out the pipeline. And theres a fair amount of churn which indicates a lot of
activity. And thats a positive thing for us as we pretty aggressively take a look at
opportunities, qualify them in or out and move on.
<Q Alex Silverman>: Okay.
<A Mike Willoughby>: So, an end result of the 30 to going to 40. I think is extremely
positive given all the activity we have within our pipeline.
<Q Alex Silverman>: And I agree, extremely positive.
<A Thomas Madden>: And weve made some good progress with some of these pipeline contacts
in moving them from kind of a proposal to a next stage of working closely with them being
potentially close the deal.
<Q Alex Silverman>: Okay. Last question from me. Did you guys end up I dont recall
whether you made an investment in Demandware?
<A Mark Layton>: We did not.
<Q Alex Silverman>: You did not? Okay.
<A Mark Layton>: No. Weve got a very close relationship with them, but no financial talk.
<Q Alex Silverman>: Okay. I know theyre looking to go public as well. So, great, guys.
Thanks so much. Good luck.
<A Mark Layton>: Thanks, Alex.
Operator: Your next question comes from Marco Rodriguez of Stonegate Securities.
<Q Marco Rodriguez>: Good morning, guys. Thanks for taking my questions.
<A Mark Layton>: Hi, Marco.
<Q Marco Rodriguez>: Both Mark, you and Mike talked a little bit about Europe and the
expansion there in terms of opportunities. Can you provide a little color there? Did you guys take
any additional steps to create that?
<A Michael Willoughby>: To create the opportunity?
<Q Marco Rodriguez>: Correct.
<A Michael Willoughby>: Well, I think that what were seeing is a natural reaction to the
End2End announcement that we made several years ago here, and since the technology work that
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