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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>As filed with the Securities and Exchange Commission on January 8, 2007</font></b></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><b><font size=2>File No. 333-</font></b></p> </td> </tr></table>

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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>SECURITIES AND EXCHANGE COMMISSION</font></B></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>WASHINGTON, D.C. 20549</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>FORM S-8</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>REGISTRATION STATEMENT</font></B></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>UNDER THE SECURITIES ACT OF 1933</font></B></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>HOSTOPIA.COM INC.</font></B></p>


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            <p  align=center style='margin-bottom:0in;text-align:center'><b><font size=2>Delaware</font></b></p> </td>
        <td width="319" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><b><font size=2>65-1036866</font></b></p> </td> </tr>
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            <p  align=center style='margin-bottom:0in;text-align:center'><font size=2>(State or other jurisdiction of Incorporation or<BR>organization)</font></p> </td>
        <td width="319" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font size=2>(I.R.S. Employer Identification No.)</font></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>110 East Broward Blvd., Suite 1650</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Fort Lauderdale, Florida 33301</font></b></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><font size=2>Address of Principal Executive Offices</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>HOSTOPIA.COM INC.</font></B></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><b><font size=2>2000 STOCK OPTION PLAN</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>HOSTOPIA.COM INC.</font></B></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><b><font size=2>2006 STOCK OPTION PLAN</font></b></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><font size=2>(Full titles of the plans)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Colin Campbell</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>110 East Broward Blvd., Suite 1650</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Fort Lauderdale, Florida 33301</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(954) 463-3080</font></b></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><font size=2>(Telephone number, including area code, of agent for service)</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>CALCULATION OF REGISTRATION FEE</font></B></p>


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            <p  align=left style='margin-bottom:0in; text-align:left'><font size=2>Title of Each Class of Securities to be Registered<sup>(1)</sup></font></p> </td>
        <td width="92" valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font size=2>Amount to be Registered</font></p> </td>
        <td width="142" valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font size=2>Proposed Maximum Offering Price Per Share</font></p> </td>
        <td width="138" valign=bottom style='border-top:solid black .5pt; border-left:none;border-bottom:solid black .5pt;border-right:none; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font size=2>Proposed Maximum Aggregate Offering Price</font></p> </td>
        <td width="120" valign=bottom style='border:solid black .5pt;border-color:gray; border-left:none;padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font size=2>Amount of Registration Fee</font></p> </td> </tr>
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        <td width="198" valign=top style='border-top:none;border-left: solid black .5pt;border-bottom:solid black .5pt;border-right:none; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=left style='margin-bottom:0in; text-align:left'><font size=2>Common Shares subject to outstanding options under the 2000 Stock Option Plan </font></p> </td>
        <td width="92" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font size=2>830,020</font></p> </td>
        <td width="142" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font SIZE=2>US$3.50<sup>(3)</sup></font></p> </td>
        <td width="138" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font SIZE=2>US$2,905,070</font></p> </td>
        <td width="120" valign=top style='border-top:none;border-left: none;border-bottom:solid black .5pt;border-right:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font SIZE=2>US$311<sup>(6)</sup></font></p> </td> </tr>
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            <p  align=left style='margin-bottom:0in; text-align:left'><font size=2>Common Shares reserved for issuance pursuant to the 2006 Stock Option Plan (less those Common Shares listed above)</font></p> </td>
        <td width="92" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font size=2>275,033<sup>(2)</sup></font></p> </td>
        <td width="142" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font SIZE=2>US$5.39<sup>(4) (5)</sup></font></p> </td>
        <td width="138" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font SIZE=2>US$1,482,428</font></p> </td>
        <td width="120" valign=top style='border-top:none;border-left: none;border-bottom:solid black .5pt;border-right:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font SIZE=2>US$159<sup>(6)</sup></font></p> </td> </tr>
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            <p  align=left style='margin-bottom:0in; text-align:left'><b><font size=2>Total Common Shares</font></b></p> </td>
        <td width="92" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><b><font size=2>1,105,053</font></b></p> </td>
        <td width="142" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><font size=1>&nbsp;</font></p> </td>
        <td width="138" valign=top style='border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><B><font SIZE=2>US$4,387,498</font></B></p> </td>
        <td width="120" valign=top style='border-top:none;border-left: none;border-bottom:solid black .5pt;border-right:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p  align=center style='margin-bottom:0in;text-align:center'><B><font SIZE=2>US$470<sup>(6)</sup></font></B></p> </td> </tr></table>



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            <p  style='margin-bottom:0in; '><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(1)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>
Common Shares,  without par value,  offered by the Company  pursuant to the Plan
described herein. </font></p> </td> </tr></table>




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            <p  style='margin-bottom:0in; '><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(2)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>Hostopia.com Inc.&#146;s 2006 Stock Option plan provides for  the issuance of up to 1,099,053 common shares of Hostopia.com Inc, less any common shares issuable under the 2000 Stock Option Plan or any other compensation plan.  If any stock option granted under the 2000 Stock Option Plan expires or otherwise terminates for any reason without having been exercised in full, the number of shares in respect of which such stock option expired or terminated without having been exercised shall be available for issuance under Hostopia.com Inc.&#146;s 2006  Stock Option Plan.  </font></p> </td> </tr></table>



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            <p  style='margin-bottom:0in; '><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(3)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>The proposed maximum offering price per share and the registration fee were calculated in accordance with Rule 457(h) based on the weighted average exercise price of options granted under Hostopia.com Inc.&#146;s 2000 Stock Option plan as of December 28, 2006 and are the subject of this registration statement. </font></p> </td> </tr></table>



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            <p  style='margin-bottom:0in; '><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(4)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>The proposed maximum offering price per share and the registration fee were calculated in accordance with rule 457(c) and (h) based on the average high and low prices for the Registrant&#146;s common shares on January 3, 2007, as quoted on the  Toronto Stock Exchange, which was US$5.39 per share.</font></p> </td> </tr></table>



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            <p  style='margin-bottom:0in; '><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(5)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>U.S. dollar amounts are calculated based on the noon buying rate in New York City for cable transfers payable in Canadian dollars as certified for customs purposes by the Federal Reserve Bank of New York on December 28, 2006.  On such date the noon buying rate was Cdn.$1.00=US$0.8548.</font></p> </td> </tr></table>



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            <p  style='margin-bottom:0in; '><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>(6)</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=1>The U.S.$470 registration fee was previously paid in connection with U.S.$4,384,553 of the U.S.$14,400,000 of unissued securities registered under our S-1 registration statement (File No. 333-135533) initially filed on June 30, 2006 and declared effective on November 2, 2006, which unsold securities are hereby deregistered. Accordingly, pursuant to Rule 457(p) of the General Rules and Regulations under the Securities Act of 1933, as amended, U.S.$470 is being offset against the registration fee due for this Registration Statement. </font></p> </td> </tr></table>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:0.5in;text-align:justify;'><font size=1>&nbsp;</font></p>

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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
This
 registration  statement on Form S-8  registers  830,020  common  shares of Hostopia.com
 Inc. (the  &#147;Registrant&#148;)  reserved for issuance upon the exercise of stock
options granted under the Registrant&#146;s  2000 Stock Option Plan.  If any stock option
 granted  under the 2000 Stock Option Plan expires or otherwise  terminates  for any
reason without having been exercised in full, the number of shares in respect of which
such  stock  option  expired or  terminated without  having  been  exercised  shall be
 available  for  issuance  under  the Registrant&#146;s  2006 Stock Option Plan. This
 registration  statement on Form S-8 also registers 275,033 shares of the Registrant
 reserved for issuance under the 2006 Stock Option Plan. </FONT></TD>
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<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>
Pursuant  to Rule  416(a)  of the  Securities  Act of  1933,  this  registration
statement also covers any additional securities that may be offered or issued to
prevent  dilution  resulting  from  stock  splits,  stock  dividends  or similar
transactions.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>PART II.</font></B><font size=1>&nbsp;&nbsp;&nbsp;</font><B><font SIZE=2>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></B></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><b><font size=2>Item 3.  Incorporation of Documents by Reference.</font></b></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>The documents listed in (a) through (b) below are incorporated by reference in this registration statement.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:0.57in;text-align:justify;'><font size=2>

(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Registrant&#146;s  latest prospectus filed pursuant to Rule 424(b) under the Act,
which contains the Registrant&#146;s  audited consolidated balance sheets as of March&nbsp;
31,  2006 and 2005,  and the  related  consolidated  statements  of  operations,
stockholders&#146;  equity  (deficiency)  and cash flows for each of the years in the
three year period ended March 31, 2006.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:0.57in;text-align:justify;'><font size=2>
(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The  Registrants&#146;s  quarterly  report on Form 10Q for the quarterly  period ended
September  30, 2006 and all other  reports  filed  pursuant to Section  13(a) or
15(d) of the Exchange Act, since the date of the annual report  incorporated  by
reference herein pursuant to (a) above.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>All documents filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date hereof and prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><b><font size=2>Item 4.  Description of Securities.  </font></b></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>
Our authorized capital is 40,000,000 shares,  consisting of 30,000,000 shares of
common stock having a par value of $0.0001 per share,  and 10,000,000  shares of
preferred  stock,  issuable in series,  having a par value of $0.0001 per share.
Prior to the date of our initial  public  offering,  Hostopia.com Inc.  had 2,127,658
shares of Series A preferred stock. All such shares will have been automatically
converted into 2,127,658 shares of common stock. </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><i><font size=2>Common Stock </font></i></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>Each share of common stock entitles the holder to receive notice of and to attend all meetings of our stockholders with the entitlement to one vote. Holders of common stock are entitled, subject to the rights, privileges, restrictions and conditions attaching to any other class of shares ranking in priority to the common stock, to receive any dividend declared by the board of directors. If we voluntarily or involuntarily liquidate, dissolve or wind-up, the holders of common stock will be entitled to receive after distribution in full of the preferential amounts, if any, all of the remaining assets available for distribution ratably in proportion to the number of shares of common stock held by them. Holders of common stock have no preferences or any preemptive conversion or exchange rights. </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><i><font size=2>Preferred Stock </font></i></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>The preferred stock is issuable in one or more series without any further stockholder approval. Subject to our amended and restated certificate of incorporation, the board of directors is authorized to fix and alter the rights, preferences, privileges and restrictions granted to or imposed upon the shares of preferred stock of each series, as well as the number of shares constituting any such series and the designation thereof. The board of directors may also increase or decrease the authorized number of shares of any series prior or subsequent to the issue of that series, but not below the number of such series then outstanding. The rights, preferences, privileges and restrictions of any </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font SIZE=2>II-2</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>additional series may be subordinated to, equal with, or senior to any of those of any then existing series of preferred stock or common stock. </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>The actual effect of the issuance of the preferred stock upon the rights of holders of common stock is unknown until our board of directors determines the specific rights of owners of a particular series of preferred stock. Depending upon the designation, rights, privileges, restrictions and conditions given to any series of preferred stock by the board of directors, the voting power, liquidation preference or other rights of holders of common stock could be adversely affected. Preferred stock may be issued in acquisitions or for other corporate purposes. Issuance in connection with a stockholder rights plan or other takeover defense could have the effect of making it more difficult for a third party to acquire, or of discouraging a third party from acquiring, control of our common stock. We have no plans to issue any shares of preferred stock. </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><i><font size=2>Registration Rights Agreement </font></i></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>
Under the terms of registration  rights agreement with the holders of the shares
of Series A Preferred  Stock,  who hold 2,127,658 shares of our common stock, we
have  granted  to these  holders  rights  to  register  such  shares  under  the
Securities  Act.  If we  propose to  register  any of our  securities  under the
Securities  Act,  either for our own  account or for the  account of other stock
holders, the holders of these shares are entitled,  under certain circumstances,
to include in the registration statement, at our expense, their shares of common
stock.  In addition,  the holders of these shares may require us, at our expense
and on not more  than 3  occasions,  and not more  than  once in any  nine-month
period,  at any time  beginning  six months  from the date of the closing of our
initial public offering,  to file a registration  statement under the Securities
Act with respect to their shares of common stock, and we will be required to use
our best  efforts  to effect the  registration.  These  registration  rights are
subject  to  certain  conditions  and  limitations,  including  the right of the
underwriters  to limit the number of shares  included  in any such  registration
under certain circumstances. In the event we fail to  register  the shares,  the  remedies
available  to the affected stockholders include specific performance or, failing that,
litigation.  Accordingly,  in the event of litigation,  we may be required to recognize an as
yet, indeterminate liability separate from the related securities.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><i><font size=2>Warrants </font></i></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>In July 2003, we issued warrants to purchase 60,000 shares of common stock to Data Centurion. The warrants were exercised at a price of $3.20 per share  on December 21, 2006. </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><i><font size=2>Stock Options </font></i></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>As of December 31, 2006, options to purchase a total of 830,020 shares of our common stock were outstanding at a weighted average stock price of $3.50 per share. Options to purchase an additional 275,033 shares of common stock may be granted under the 2006 Plan. </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><i><font size=2>Delaware Anti-Takeover Law and Certain Provisions of our Amended and Restated Certificate of Incorporation and Bylaws </font></i></p>


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            <p >&nbsp;<i></i></p> </td>
        <td width="232" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p  style='margin-bottom:0in'><i><font size=2>Anti-Takeover Effects of Delaware Law </font></i></p> </td> </tr></table>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>We are subject to Section 203 of the Delaware General Corporation Law, an anti-takeover law. In general, Section 203 prohibits a Delaware corporation from engaging in any business combination with any interested stockholder for a period of three years following the date that the stockholder became an interested stockholder, unless: </font></p>


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            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>prior to that date, the board of directors of the corporation approved either the business combination or the transaction that resulted in the stockholder becoming an interested stockholder; </font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>upon consummation of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced, excluding for purposes of determining the number of shares outstanding those shares owned by persons who are directors and also officers and by excluding employee stock plans in which employee participants do not have the right to </font></p> </td> </tr></table>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in; text-indent:-0.5in;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font SIZE=2>II-3</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:1in;text-align:justify;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; margin-left:1in;text-align:justify;'><font size=2>determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer; or </font></p>


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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>on or subsequent to that date, the business combination is approved by the board of directors of the corporation and authorized at an annual or special meeting of stockholders, and not by written consent, by the affirmative vote of at least 662/3% of the outstanding voting stock that is not owned by the interested stockholder. </font></p> </td> </tr></table>


<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>Section 203 defines "business combination" to include the following: </font></p>


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            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>any merger or consolidation involving the corporation and the interested stockholder; </font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>any sale, transfer, pledge or other disposition of 10% or more of the assets of the corporation involving the interested stockholder; </font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>subject to certain exceptions, any transaction that results in the issuance or transfer by the corporation of any stock of the corporation to the interested stockholder; </font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>any transaction involving the corporation that has the effect of increasing the proportionate share of the stock of any class or series of the corporation beneficially owned by the interested stockholder; or </font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>the receipt by the interested stockholder of the benefit of any loans, advances, guarantees, pledges or other financial benefits provided by or through the corporation. </font></p> </td> </tr></table>



<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>In general, Section 203 defines an interested stockholder as an entity or person beneficially owning 15% or more of the outstanding voting stock of the corporation and any entity or person affiliated with or controlling or controlled by any of these entities or persons. </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><i><font size=2>Amended and Restated Certificate of Incorporation and Bylaws </font></i></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>Provisions of our amended and restated certificate of incorporation and bylaws may delay or discourage transactions involving an actual or potential change in our control or change in our management, including transactions in which stockholders might otherwise receive a premium for their shares, or transactions that our stockholders might otherwise deem to be in their best interests. Therefore, these provisions could adversely affect the price of our common stock. Among other things, our amended and restated certificate of incorporation and bylaws: </font></p>


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            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>permit our board of directors to issue up to 10,000,000 shares of preferred stock, with any rights, preferences and privileges as they may designate (including the right to approve an acquisition or other change in control); </font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>provide that the authorized number of directors may be changed only by resolution of the board of directors; </font></p> </td> </tr></table>



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            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>provide that stockholders seeking to present proposals before a meeting of stockholders or to nominate candidates for election as directors at a meeting of stockholders must provide timely notice in writing, and also must comply with specified requirements as to the form and content of a stockholder's notice; </font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>do not provide for cumulative voting rights (therefore allowing the holders of a majority of the shares of common stock entitled to vote in any election of directors to elect all of the directors standing for election, if they should so choose); </font></p> </td> </tr></table>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font SIZE=2>II-4</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>provides that most provisions of our amended and restated certificate of incorporation cannot be amended without the affirmative vote of 662/3% of the outstanding
voting stock of Hostopia.com Inc.; and </font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>provides that the bylaws may not be amended without the affirmative vote of 662/3% of the outstanding voting stock of
Hostopia.com Inc.; and </font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>provide that special meetings of our stockholders may be called only by our Chief Executive Officer and our board of directors pursuant to a resolution adopted by a majority of the total number of authorized directors. </font></p> </td> </tr></table>


<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><i><font size=2>Transfer Agent and Registrar</font></i></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>The transfer agent and registrar for our common stock is Equity Transfer and Trust Company at its principal office located at 120 Adelaide Street West, Suite 420, Toronto, Ontario M5H 4C3. </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><b><font size=2>Item 5.  Interests of Named Experts and Counsel.</font></b></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>None </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><b><font size=2>Item 6.  Indemnification of Directors and Officers.</font></b></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>As permitted by Delaware law, we have adopted provisions in our amended and restated certificate of incorporation and bylaws that limit or eliminate the personal liability of directors for a breach of their fiduciary duty of care.  Our amended and restated certificate of incorporation provides that a director will not be personally liable to us or our stockholders for monetary damages for any breach of fiduciary duty as a director to the fullest extent permitted by law.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>Section 102 of the Delaware General Corporation Law prohibits our amended and restated certificate of incorporation from limiting the liability of our directors from the following:</font></p>


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            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>any breach of the director&#146;s duty of loyalty to us or our stockholders;</font></p> </td> </tr></table>



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            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law;</font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>unlawful payments of dividends or unlawful stock repurchases or redemptions; and</font></p> </td> </tr></table>



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        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="48" valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=4><b>&#149;</b></font></p> </td>
        <td  valign=top style='padding:0in 0in 12.0pt 0in'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>any transaction from which the director derived an improper personal benefit.</font></p> </td> </tr></table>


<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>If Delaware law is amended to authorize corporate action further eliminating the personal liability of a director, then the liability of our directors will be eliminated or limited to the fullest extent permitted by Delaware law, as so amended.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>Our amended and restated certificate of incorporation does not eliminate a director&#146;s duty of care and, in appropriate circumstances, equitable remedies such as injunctive or other forms of non-monetary relief remain available under Delaware law.  Our amended and restated certificate of incorporation does not affect a director&#146;s responsibilities under any other laws such as the federal securities laws.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>Our amended and restated certificate of incorporation provides that we may indemnify our directors, officers, employees and agents to the fullest extent permitted by applicable law.  Our amended and restated certificate of incorporation also permits us to secure insurance on behalf of any officer, director, employee or other agent for any liability arising out of his or her actions in that capacity.  We have entered into and expect to continue to enter into agreements to indemnify our directors, officers and other employees and agents as determined by our board of directors.  These agreements provide for indemnification for related expenses including attorneys&#146; fees, judgments, </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font SIZE=2>II-5</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>fines and settlement amounts incurred by any of these individuals in any action or proceeding.  We believe that these provisions and indemnification agreements are necessary to attract and retain qualified persons as directors and officers.  We also maintain directors&#146; and officers&#146; liability insurance.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to our directors, officers, or persons controlling us pursuant to the following provisions, we have been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Act and is therefore unenforceable.  </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><b><font size=2>Item 7.  Exemption from Registration Claimed.</font></b></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>Not Applicable. </font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><b><font size=2>Item 8.  Exhibits.</font></b></p>


<table border="0" cellspacing=0 cellpadding=0 width="502" style=' border-collapse:collapse'>
    <tr >
        <td  nowrap colspan="4" valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Exhibit Number</font></b></u></p> </td>
        <td  nowrap colspan="3" valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Exhibit</font></b></u></p> </td>
        <td  width="92">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td width="48" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>4.1*</font></p> </td>
        <td  nowrap colspan="4" valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Hostopia.com Inc. 2000 Stock Option Plan </font></p> </td>
        <td   colspan="2">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td width="48" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>4.2**</font></p> </td>
        <td  nowrap colspan="4" valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Hostopia.com Inc. 2006 Stock Option Plan</font></p> </td>
        <td   colspan="2">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td width="48" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>5.1</font></p> </td>
        <td  nowrap colspan="3" valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Opinion of Dorsey &amp; Whitney LLP</font></p> </td>
        <td   colspan="3">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td width="48" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>23.1</font></p> </td>
        <td width="146" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Consent of KPMG LLP</font></p> </td>
        <td   colspan="5">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr>
        <td width="48" nowrap valign=top >
            <p  style='margin-bottom:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>24.1</font></p> </td>
        <td  nowrap colspan="6" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Power of Attorney (See page II-6 of this registration statement)</font></p> </td> </tr>
    <tr>
        <td width="48" ></td>

        <td width="96" ></td>

        <td width="146" ></td>

        <td width="58" ></td>

        <td width="5" ></td>

        <td width="40" ></td>

        <td width="17" ></td>

        <td width="92" ></td> </tr> </table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>___________</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>* Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant&#146;s registration statement on Form S-1 filed on June 30, 2006.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>** Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant&#146;s amended registration statement on Form S-1 filed on August 11, 2006.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><b><font size=2>Item 9.  Undertakings.</font></b></p>


<table border="0" cellspacing=0 cellpadding=0 width="368" style=' border-collapse:collapse'>
    <tr>
        <td width="48" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p ><font size=1>&nbsp;</font></p> </td>
        <td width="48" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>(a)</font></p> </td>
        <td width="272" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>The undersigned Registrant hereby undertakes:</font></p> </td> </tr></table>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:1.05in;text-align:justify;'><font size=2>(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:</font></p>


<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:1.55in;text-align:justify;'><font size=2>(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:1.55in;text-align:justify;'><font size=2>(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;  To reflect
in the  prospectus  any facts or events  arising after the effective date of the
registration  statement (or the most recent  post-effective  amendment  thereof)
which,  individually or in the aggregate,  represent a fundamental change in the
information  set  forth  in  the  registration  statement.  Notwithstanding  the
foregoing,  any  increase or decrease  in volume of  securities  offered (if the
total  dollar  value of  securities  offered  would not  exceed  that  which was
registered) and any deviation from the low or high end of the estimated  maximum
offering  range  may be  reflected  in the  form of  prospectus  filed  with the
Commission  pursuant to Rule 424(b) if, in the  aggregate,  the change in volume
and price represents no more than 20% change in the maximum  aggregate  offering
price set forth in the &#147;Calculation of Registration Fee&#148;  table in the
effective registration statement;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:1.55in;text-align:justify;'><font size=2>(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To include any material information with respect to the plan of distribution not
previously  disclosed in the  registration  statement or any material  change to
such information in the registration statement;  </font></p>




<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font SIZE=2>II-6</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><i><font size=2>provided, however</font></i><font size=2>, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the registration statement is on Form S-3, Form S-8, or Form F-3 and the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this registration statement.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:1.05in;text-align:justify;'><font size=2>(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:1.05in;text-align:justify;'><font size=2>(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:0.57in;text-align:justify;'><font size=2>(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act, (and, where applicable, each filing of an employee benefit plan's annual report pursuant to section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial </font><i><font size=2>bona fide</font></i><font size=2> offering thereof.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:0.57in;text-align:justify;'><font size=2>(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.  In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion
of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question of whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font SIZE=2>II-7</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'>
<B><font SIZE=2>SIGNATURES</font></B></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:0.57in;text-align:justify;'><u><font size=2>
The  Registrant</font></u><font  size=2>.  Pursuant to the  requirements  of the
Securities Act of 1933, the Registrant  certifies that it has reasonable grounds
to believe that it meets all of the  requirements for filing on Form S-8 and has
duly  caused  this  registration  statement  to be signed  on its  behalf by the
undersigned, thereunto duly authorized, in the City of Fort Lauderdale, State of
Florida, on this 5th day of January, 2007.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3in;text-align:left;'>
<FONT SIZE="2"><B>Hostopia.com Inc.</B> </FONT></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3in;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3in;text-align:left;'><u><font size=2>
/s/ Colin Campbell
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3in;text-align:left;'><font size=2>Name: Colin Campbell</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3in;text-align:left;'><font size=2>Title: Chief Executive Officer</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font SIZE=2>II-8</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'>
<B><font SIZE=2>POWERS OF ATTORNEY</font></B></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:0.54in;text-align:justify;'><font size=2>Each person whose signature appears below constitutes and appoints Colin Campbell and Michael Mugan, and each of them, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all said attorneys-in-fact and agents of them or their substitute or substitutes, may lawfully do or cause
to be done by virtue thereof.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:0.57in;text-align:justify;'><font size=2>Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities and on the date indicated.</font></p>


<table width="100%" border="0" cellspacing=0 cellpadding=0 style='border-collapse:collapse; '>
    <tr>
        <td width="169" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=center style='margin-bottom:0in;text-align:center'><FONT SIZE="2"><U><B>Signature</B></U> </FONT></p>
<p  align=center style='margin-bottom:0in;text-align:center'><FONT SIZE="2">&nbsp; </FONT></p> </td>
        <td width="348" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2"><U><B>Title</B></U> </FONT></p> </td>
        <td width="121" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2"><U><B>Date</B></U> </FONT></p> </td> </tr>
    <tr>
        <td width="169" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left;text-indent:4.5pt'><FONT SIZE="2"><U>/s/&nbsp;Colin Campbell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>&nbsp;Colin Campbell </FONT></p> </TD>
        <td width="348" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">Chief Executive Officer, Chief Operating Officer, and Director (Principal Executive Officer) </FONT></p>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">&nbsp; </FONT></p> </td>
        <td width="121" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">January 4, 2007</FONT></p> </td> </tr>
    <tr>
        <td width="169" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left;text-indent:4.5pt'><FONT SIZE="2"><U>/s/ Michael J. Mugan&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>&nbsp;Michael Mugan </FONT></p></TD>
        <td width="348" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">Chief Financial Officer and Secretary (Principal Financial and Accounting Officer) </FONT></p>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">&nbsp; </FONT></p> </td>
        <td width="121" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">January 4, 2007</FONT></p> </td> </tr>
    <tr>
        <td width="169" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left;text-indent:4.5pt'><FONT SIZE="2"><U>/s/ John Nemanic&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
&nbsp;John Nemanic </FONT></p>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">&nbsp; </FONT></p> </td>
        <td width="348" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">Chairman of the Board </FONT></p> </td>
        <td width="121" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">January 4, 2007</FONT></p> </td> </tr>
    <tr>
        <td width="169" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left;text-indent:4.5pt'><FONT SIZE="2"><U>
/s/ William Campbell
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
&nbsp;William Campbell </FONT></p>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">&nbsp; </FONT></p> </td>
        <td width="348" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">President and Director </FONT> </p> </td>
        <td width="121" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">January 5, 2007</FONT></p> </td> </tr>
    <tr>
        <td width="169" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left;text-indent:4.5pt'><FONT SIZE="2"><U>/s/ Michael Cytrynbaum&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT> <BR>
&nbsp;<FONT SIZE="2">Michael Cytrynbaum </FONT></p>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">&nbsp; </FONT></p> </td>
        <td width="348" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">Director </FONT></p> </td>
        <td width="121" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">January 4, 2007</FONT></p> </td> </tr>
    <tr>
        <td width="169" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left;text-indent:4.5pt'><FONT SIZE="2"><U>/s/ Mathew George&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
&nbsp;Mathew George </FONT></p>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">&nbsp; </FONT></p> </td>
        <td width="348" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">Director </FONT></p> </td>
        <td width="121" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">January 4, 2007</FONT></p> </td> </tr>
    <tr>
        <td width="169" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left;text-indent:4.5pt'><FONT SIZE="2"><U>/s/ Robert Kidd&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
&nbsp;Robert Kidd </FONT></p>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">&nbsp; </FONT></p> </td>
        <td width="348" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">Director </FONT></p> </td>
        <td width="121" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">January 5, 2007</FONT></p> </td> </tr>
    <tr>
        <td width="169" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left;text-indent:4.5pt'><FONT SIZE="2"><U>
/s/ David McMahon
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
&nbsp;David McMahon </FONT></p>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">&nbsp; </FONT></p> </td>
        <td width="348" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">Director </FONT></p> </td>
        <td width="121" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">January 5, 2007</FONT></p> </td> </tr>
    <tr>
        <td width="169" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left;text-indent:4.5pt'><FONT SIZE="2"><U>
/s/ Christopher Scatliff&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
&nbsp;Christopher Scatliff </FONT></p> </TD>
        <td width="348" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">Director </FONT> </p> </td>
        <td width="121" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
<p  align=left style='margin-bottom:0in; text-align:left'><FONT SIZE="2">January 5, 2007</FONT></p> </td> </tr></table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font SIZE=2>II-9</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'>
<B><font SIZE=2>EXHIBIT INDEX</font></B></p>


<table border="0" cellspacing=0 cellpadding=0 width="502" style=' border-collapse:collapse'>
    <tr >
        <td  nowrap colspan="4" valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Exhibit Number</font></b></u></p> </td>
        <td  nowrap colspan="3" valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><u><b><font size=2>Exhibit</font></b></u></p> </td>
        <td  width="92">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td width="48" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>4.1*</font></p> </td>
        <td  nowrap colspan="4" valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Hostopia.com Inc. 2000 Stock Option Plan </font></p> </td>
        <td   colspan="2">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td width="48" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>4.2**</font></p> </td>
        <td  nowrap colspan="4" valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Hostopia.com Inc. 2006 Stock Option Plan</font></p> </td>
        <td   colspan="2">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td width="48" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>5.1</font></p> </td>
        <td  nowrap colspan="3" valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Opinion of Dorsey &amp; Whitney LLP</font></p> </td>
        <td   colspan="3">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr >
        <td width="48" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p  ><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>23.1</font></p> </td>
        <td width="146" nowrap valign=top style='padding:0in 0in 12.0pt 0in; '>
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Consent of KPMG LLP</font></p> </td>
        <td   colspan="5">
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></td> </tr>
    <tr>
        <td width="48" nowrap valign=top >
            <p  style='margin-bottom:0in; '><font size=1>&nbsp;</font></p> </td>
        <td width="96" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>24.1</font></p> </td>
        <td  nowrap colspan="6" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:justify;margin-top:0pt;margin-bottom:0pt'><font size=2>Power of Attorney (See page II-6 of this registration statement)</font></p> </td> </tr>
    <tr>
        <td width="48" ></td>

        <td width="96" ></td>

        <td width="146" ></td>

        <td width="58" ></td>

        <td width="5" ></td>

        <td width="40" ></td>

        <td width="17" ></td>

        <td width="92" ></td> </tr> </table>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>___________</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>* Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant&#146;s registration statement on Form S-1 filed on June 30, 2006.</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:justify;'><font size=2>** Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant&#146;s amended registration statement on Form S-1 filed on August 11, 2006.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font SIZE=2>II-10</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
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{"company-data": {"conformed-name": "Hostopia.com Inc.", "cik": "0001365295", "assigned-sic": "7389", "irs-number": "651036866"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-139859", "film-number": "07518641"}, "business-address": {"street1": "110 EAST BROWARD BLVD., SUITE 1650", "city": "FORT LAUDERDALE", "state": "FL", "zip": "33301", "phone": "800-322-9438"}, "mail-address": {"street1": "110 EAST BROWARD BLVD., SUITE 1650", "city": "FORT LAUDERDALE", "state": "FL", "zip": "33301"}}
As filed with the Securities and Exchange Commission on January 8, 2007
File No. 333-
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
HOSTOPIA.COM INC.
Delaware
65-1036866
(State or other jurisdiction of Incorporation or
organization)
(I.R.S. Employer Identification No.)
110 East Broward Blvd., Suite 1650
Fort Lauderdale, Florida 33301
Address of Principal Executive Offices
HOSTOPIA.COM INC.
2000 STOCK OPTION PLAN
HOSTOPIA.COM INC.
2006 STOCK OPTION PLAN
(Full titles of the plans)
Colin Campbell
110 East Broward Blvd., Suite 1650
Fort Lauderdale, Florida 33301
(954) 463-3080
(Telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Title of Each Class of Securities to be Registered
(1)
Amount to be Registered
Proposed Maximum Offering Price Per Share
Proposed Maximum Aggregate Offering Price
Amount of Registration Fee
Common Shares subject to outstanding options under the 2000 Stock Option Plan
830,020
US$3.50
(3)
US$2,905,070
US$311
(6)
Common Shares reserved for issuance pursuant to the 2006 Stock Option Plan (less those Common Shares listed above)
275,033
(2)
US$5.39
(4) (5)
US$1,482,428
US$159
(6)
Total Common Shares
1,105,053
US$4,387,498
US$470
(6)
(1)
Common Shares,  without par value,  offered by the Company  pursuant to the Plan
described herein.
(2)
Hostopia.com Inc.'s 2006 Stock Option plan provides for  the issuance of up to 1,099,053 common shares of Hostopia.com Inc, less any common shares issuable under the 2000 Stock Option Plan or any other compensation plan.  If any stock option granted under the 2000 Stock Option Plan expires or otherwise terminates for any reason without having been exercised in full, the number of shares in respect of which such stock option expired or terminated without having been exercised shall be available for issuance under Hostopia.com Inc.'s 2006  Stock Option Plan.
(3)
The proposed maximum offering price per share and the registration fee were calculated in accordance with Rule 457(h) based on the weighted average exercise price of options granted under Hostopia.com Inc.'s 2000 Stock Option plan as of December 28, 2006 and are the subject of this registration statement.
(4)
The proposed maximum offering price per share and the registration fee were calculated in accordance with rule 457(c) and (h) based on the average high and low prices for the Registrant's common shares on January 3, 2007, as quoted on the  Toronto Stock Exchange, which was US$5.39 per share.
(5)
U.S. dollar amounts are calculated based on the noon buying rate in New York City for cable transfers payable in Canadian dollars as certified for customs purposes by the Federal Reserve Bank of New York on December 28, 2006.  On such date the noon buying rate was Cdn.$1.00=US$0.8548.
(6)
The U.S.$470 registration fee was previously paid in connection with U.S.$4,384,553 of the U.S.$14,400,000 of unissued securities registered under our S-1 registration statement (File No. 333-135533) initially filed on June 30, 2006 and declared effective on November 2, 2006, which unsold securities are hereby deregistered. Accordingly, pursuant to Rule 457(p) of the General Rules and Regulations under the Securities Act of 1933, as amended, U.S.$470 is being offset against the registration fee due for this Registration Statement.
This
 registration  statement on Form S-8  registers  830,020  common  shares of Hostopia.com
 Inc. (the  "Registrant")  reserved for issuance upon the exercise of stock
options granted under the Registrant's  2000 Stock Option Plan.  If any stock option
 granted  under the 2000 Stock Option Plan expires or otherwise  terminates  for any
reason without having been exercised in full, the number of shares in respect of which
such  stock  option  expired or  terminated without  having  been  exercised  shall be
 available  for  issuance  under  the Registrant's  2006 Stock Option Plan. This
 registration  statement on Form S-8 also registers 275,033 shares of the Registrant
 reserved for issuance under the 2006 Stock Option Plan.
Pursuant  to Rule  416(a)  of the  Securities  Act of  1933,  this  registration
statement also covers any additional securities that may be offered or issued to
prevent  dilution  resulting  from  stock  splits,  stock  dividends  or similar
transactions.
PART II.
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.  Incorporation of Documents by Reference.
The documents listed in (a) through (b) below are incorporated by reference in this registration statement.
(a)          
The Registrant's  latest prospectus filed pursuant to Rule 424(b) under the Act,
which contains the Registrant's  audited consolidated balance sheets as of March 
31,  2006 and 2005,  and the  related  consolidated  statements  of  operations,
stockholders'  equity  (deficiency)  and cash flows for each of the years in the
three year period ended March 31, 2006.
(b)         
The  Registrants's  quarterly  report on Form 10Q for the quarterly  period ended
September  30, 2006 and all other  reports  filed  pursuant to Section  13(a) or
15(d) of the Exchange Act, since the date of the annual report  incorporated  by
reference herein pursuant to (a) above.
All documents filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date hereof and prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents.
Item 4.  Description of Securities.
Our authorized capital is 40,000,000 shares,  consisting of 30,000,000 shares of
common stock having a par value of $0.0001 per share,  and 10,000,000  shares of
preferred  stock,  issuable in series,  having a par value of $0.0001 per share.
Prior to the date of our initial  public  offering,  Hostopia.com Inc.  had 2,127,658
shares of Series A preferred stock. All such shares will have been automatically
converted into 2,127,658 shares of common stock.
Common Stock
Each share of common stock entitles the holder to receive notice of and to attend all meetings of our stockholders with the entitlement to one vote. Holders of common stock are entitled, subject to the rights, privileges, restrictions and conditions attaching to any other class of shares ranking in priority to the common stock, to receive any dividend declared by the board of directors. If we voluntarily or involuntarily liquidate, dissolve or wind-up, the holders of common stock will be entitled to receive after distribution in full of the preferential amounts, if any, all of the remaining assets available for distribution ratably in proportion to the number of shares of common stock held by them. Holders of common stock have no preferences or any preemptive conversion or exchange rights.
Preferred Stock
The preferred stock is issuable in one or more series without any further stockholder approval. Subject to our amended and restated certificate of incorporation, the board of directors is authorized to fix and alter the rights, preferences, privileges and restrictions granted to or imposed upon the shares of preferred stock of each series, as well as the number of shares constituting any such series and the designation thereof. The board of directors may also increase or decrease the authorized number of shares of any series prior or subsequent to the issue of that series, but not below the number of such series then outstanding. The rights, preferences, privileges and restrictions of any
II-2
additional series may be subordinated to, equal with, or senior to any of those of any then existing series of preferred stock or common stock.
The actual effect of the issuance of the preferred stock upon the rights of holders of common stock is unknown until our board of directors determines the specific rights of owners of a particular series of preferred stock. Depending upon the designation, rights, privileges, restrictions and conditions given to any series of preferred stock by the board of directors, the voting power, liquidation preference or other rights of holders of common stock could be adversely affected. Preferred stock may be issued in acquisitions or for other corporate purposes. Issuance in connection with a stockholder rights plan or other takeover defense could have the effect of making it more difficult for a third party to acquire, or of discouraging a third party from acquiring, control of our common stock. We have no plans to issue any shares of preferred stock.
Registration Rights Agreement
Under the terms of registration  rights agreement with the holders of the shares
of Series A Preferred  Stock,  who hold 2,127,658 shares of our common stock, we
have  granted  to these  holders  rights  to  register  such  shares  under  the
Securities  Act.  If we  propose to  register  any of our  securities  under the
Securities  Act,  either for our own  account or for the  account of other stock
holders, the holders of these shares are entitled,  under certain circumstances,
to include in the registration statement, at our expense, their shares of common
stock.  In addition,  the holders of these shares may require us, at our expense
and on not more  than 3  occasions,  and not more  than  once in any  nine-month
period,  at any time  beginning  six months  from the date of the closing of our
initial public offering,  to file a registration  statement under the Securities
Act with respect to their shares of common stock, and we will be required to use
our best  efforts  to effect the  registration.  These  registration  rights are
subject  to  certain  conditions  and  limitations,  including  the right of the
underwriters  to limit the number of shares  included  in any such  registration
under certain circumstances. In the event we fail to  register  the shares,  the  remedies
available  to the affected stockholders include specific performance or, failing that,
litigation.  Accordingly,  in the event of litigation,  we may be required to recognize an as
yet, indeterminate liability separate from the related securities.
Warrants
In July 2003, we issued warrants to purchase 60,000 shares of common stock to Data Centurion. The warrants were exercised at a price of $3.20 per share  on December 21, 2006.
Stock Options
As of December 31, 2006, options to purchase a total of 830,020 shares of our common stock were outstanding at a weighted average stock price of $3.50 per share. Options to purchase an additional 275,033 shares of common stock may be granted under the 2006 Plan.
Delaware Anti-Takeover Law and Certain Provisions of our Amended and Restated Certificate of Incorporation and Bylaws
Anti-Takeover Effects of Delaware Law
We are subject to Section 203 of the Delaware General Corporation Law, an anti-takeover law. In general, Section 203 prohibits a Delaware corporation from engaging in any business combination with any interested stockholder for a period of three years following the date that the stockholder became an interested stockholder, unless:
•
prior to that date, the board of directors of the corporation approved either the business combination or the transaction that resulted in the stockholder becoming an interested stockholder;
•
upon consummation of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced, excluding for purposes of determining the number of shares outstanding those shares owned by persons who are directors and also officers and by excluding employee stock plans in which employee participants do not have the right to
II-3
determine confidentially whether shares held subject to the plan will be tendered in a tender or exchange offer; or
•
on or subsequent to that date, the business combination is approved by the board of directors of the corporation and authorized at an annual or special meeting of stockholders, and not by written consent, by the affirmative vote of at least 662/3% of the outstanding voting stock that is not owned by the interested stockholder.
Section 203 defines "business combination" to include the following:
•
any merger or consolidation involving the corporation and the interested stockholder;
•
any sale, transfer, pledge or other disposition of 10% or more of the assets of the corporation involving the interested stockholder;
•
subject to certain exceptions, any transaction that results in the issuance or transfer by the corporation of any stock of the corporation to the interested stockholder;
•
any transaction involving the corporation that has the effect of increasing the proportionate share of the stock of any class or series of the corporation beneficially owned by the interested stockholder; or
•
the receipt by the interested stockholder of the benefit of any loans, advances, guarantees, pledges or other financial benefits provided by or through the corporation.
In general, Section 203 defines an interested stockholder as an entity or person beneficially owning 15% or more of the outstanding voting stock of the corporation and any entity or person affiliated with or controlling or controlled by any of these entities or persons.
Amended and Restated Certificate of Incorporation and Bylaws
Provisions of our amended and restated certificate of incorporation and bylaws may delay or discourage transactions involving an actual or potential change in our control or change in our management, including transactions in which stockholders might otherwise receive a premium for their shares, or transactions that our stockholders might otherwise deem to be in their best interests. Therefore, these provisions could adversely affect the price of our common stock. Among other things, our amended and restated certificate of incorporation and bylaws:
•
permit our board of directors to issue up to 10,000,000 shares of preferred stock, with any rights, preferences and privileges as they may designate (including the right to approve an acquisition or other change in control);
•
provide that the authorized number of directors may be changed only by resolution of the board of directors;
•
provide that stockholders seeking to present proposals before a meeting of stockholders or to nominate candidates for election as directors at a meeting of stockholders must provide timely notice in writing, and also must comply with specified requirements as to the form and content of a stockholder's notice;
•
do not provide for cumulative voting rights (therefore allowing the holders of a majority of the shares of common stock entitled to vote in any election of directors to elect all of the directors standing for election, if they should so choose);
II-4
•
provides that most provisions of our amended and restated certificate of incorporation cannot be amended without the affirmative vote of 662/3% of the outstanding
voting stock of Hostopia.com Inc.; and
•
provides that the bylaws may not be amended without the affirmative vote of 662/3% of the outstanding voting stock of
Hostopia.com Inc.; and
•
provide that special meetings of our stockholders may be called only by our Chief Executive Officer and our board of directors pursuant to a resolution adopted by a majority of the total number of authorized directors.
Transfer Agent and Registrar
The transfer agent and registrar for our common stock is Equity Transfer and Trust Company at its principal office located at 120 Adelaide Street West, Suite 420, Toronto, Ontario M5H 4C3.
Item 5.  Interests of Named Experts and Counsel.
None
Item 6.  Indemnification of Directors and Officers.
As permitted by Delaware law, we have adopted provisions in our amended and restated certificate of incorporation and bylaws that limit or eliminate the personal liability of directors for a breach of their fiduciary duty of care.  Our amended and restated certificate of incorporation provides that a director will not be personally liable to us or our stockholders for monetary damages for any breach of fiduciary duty as a director to the fullest extent permitted by law.
Section 102 of the Delaware General Corporation Law prohibits our amended and restated certificate of incorporation from limiting the liability of our directors from the following:
•
any breach of the director's duty of loyalty to us or our stockholders;
•
acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law;
•
unlawful payments of dividends or unlawful stock repurchases or redemptions; and
•
any transaction from which the director derived an improper personal benefit.
If Delaware law is amended to authorize corporate action further eliminating the personal liability of a director, then the liability of our directors will be eliminated or limited to the fullest extent permitted by Delaware law, as so amended.
Our amended and restated certificate of incorporation does not eliminate a director's duty of care and, in appropriate circumstances, equitable remedies such as injunctive or other forms of non-monetary relief remain available under Delaware law.  Our amended and restated certificate of incorporation does not affect a director's responsibilities under any other laws such as the federal securities laws.
Our amended and restated certificate of incorporation provides that we may indemnify our directors, officers, employees and agents to the fullest extent permitted by applicable law.  Our amended and restated certificate of incorporation also permits us to secure insurance on behalf of any officer, director, employee or other agent for any liability arising out of his or her actions in that capacity.  We have entered into and expect to continue to enter into agreements to indemnify our directors, officers and other employees and agents as determined by our board of directors.  These agreements provide for indemnification for related expenses including attorneys' fees, judgments,
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fines and settlement amounts incurred by any of these individuals in any action or proceeding.  We believe that these provisions and indemnification agreements are necessary to attract and retain qualified persons as directors and officers.  We also maintain directors' and officers' liability insurance.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to our directors, officers, or persons controlling us pursuant to the following provisions, we have been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Act and is therefore unenforceable.
Item 7.  Exemption from Registration Claimed.
Not Applicable.
Item 8.  Exhibits.
Exhibit Number
Exhibit
4.1*
Hostopia.com Inc. 2000 Stock Option Plan
4.2**
Hostopia.com Inc. 2006 Stock Option Plan
5.1
Opinion of Dorsey & Whitney LLP
23.1
Consent of KPMG LLP
24.1
Power of Attorney (See page II-6 of this registration statement)
___________
* Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's registration statement on Form S-1 filed on June 30, 2006.
** Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's amended registration statement on Form S-1 filed on August 11, 2006.
Item 9.  Undertakings.
(a)
The undersigned Registrant hereby undertakes:
(1)          To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
(i)          To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
(ii)          To reflect
in the  prospectus  any facts or events  arising after the effective date of the
registration  statement (or the most recent  post-effective  amendment  thereof)
which,  individually or in the aggregate,  represent a fundamental change in the
information  set  forth  in  the  registration  statement.  Notwithstanding  the
foregoing,  any  increase or decrease  in volume of  securities  offered (if the
total  dollar  value of  securities  offered  would not  exceed  that  which was
registered) and any deviation from the low or high end of the estimated  maximum
offering  range  may be  reflected  in the  form of  prospectus  filed  with the
Commission  pursuant to Rule 424(b) if, in the  aggregate,  the change in volume
and price represents no more than 20% change in the maximum  aggregate  offering
price set forth in the "Calculation of Registration Fee"  table in the
effective registration statement;
(iii)        To include any material information with respect to the plan of distribution not
previously  disclosed in the  registration  statement or any material  change to
such information in the registration statement;
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provided, however
, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the registration statement is on Form S-3, Form S-8, or Form F-3 and the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this registration statement.
(2)          That for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3)          To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(b)         The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act, (and, where applicable, each filing of an employee benefit plan's annual report pursuant to section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(h)         Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.  In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion
of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question of whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
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SIGNATURES
The  Registrant
.  Pursuant to the  requirements  of the
Securities Act of 1933, the Registrant  certifies that it has reasonable grounds
to believe that it meets all of the  requirements for filing on Form S-8 and has
duly  caused  this  registration  statement  to be signed  on its  behalf by the
undersigned, thereunto duly authorized, in the City of Fort Lauderdale, State of
Florida, on this 5th day of January, 2007.
Hostopia.com Inc.
/s/ Colin Campbell
Name: Colin Campbell
Title: Chief Executive Officer
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POWERS OF ATTORNEY
Each person whose signature appears below constitutes and appoints Colin Campbell and Michael Mugan, and each of them, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all said attorneys-in-fact and agents of them or their substitute or substitutes, may lawfully do or cause
to be done by virtue thereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities and on the date indicated.
Signature
Title
Date
/s/ Colin Campbell
Colin Campbell
Chief Executive Officer, Chief Operating Officer, and Director (Principal Executive Officer)
January 4, 2007
/s/ Michael J. Mugan
Michael Mugan
Chief Financial Officer and Secretary (Principal Financial and Accounting Officer)
January 4, 2007
/s/ John Nemanic
John Nemanic
Chairman of the Board
January 4, 2007
/s/ William Campbell
William Campbell
President and Director
January 5, 2007
/s/ Michael Cytrynbaum
Michael Cytrynbaum
Director
January 4, 2007
/s/ Mathew George
Mathew George
Director
January 4, 2007
/s/ Robert Kidd
Robert Kidd
Director
January 5, 2007
/s/ David McMahon
David McMahon
Director
January 5, 2007
/s/ Christopher Scatliff
Christopher Scatliff
Director
January 5, 2007
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EXHIBIT INDEX
Exhibit Number
Exhibit
4.1*
Hostopia.com Inc. 2000 Stock Option Plan
4.2**
Hostopia.com Inc. 2006 Stock Option Plan
5.1
Opinion of Dorsey & Whitney LLP
23.1
Consent of KPMG LLP
24.1
Power of Attorney (See page II-6 of this registration statement)
___________
* Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's registration statement on Form S-1 filed on June 30, 2006.
** Previously filed as an exhibit to, and incorporated herein by reference from, the Registrant's amended registration statement on Form S-1 filed on August 11, 2006.
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