Monday, February 04, 2019 4:11:51 AM
CEO Philip Verges said the change in focus helped IPVoice go from "a research and development firm with no sales and a public market capitalization of less than $250,000" to a company with more than $10 million in annual revenue and a market capitalization of more than $20 million.
The company said it plans to make more acquisitions to expand its scope beyond voice-over-Internet-protocol (VoIP) technologies into health care and homeland security communications. To reflect the change, IPVoice said it would change its name later this year to NewMarket Technology.
IPVoice's stock trades on the over-the-counter bulletin board under the ticker "IPVO."
Company Web site: www.ipvoice.com
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