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  September 5, 2001
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Home > Company Index > Computer Software & Services > Communication Software > IP AXESS, Inc.

IP AXESS, Inc.
Nasdaq: RACE
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 PROFILE
IP AXESS changed its name and its game, but its bottom line remains much the same. Formerly DATA RACE, the company has remade itself from a custom modem supplier into an Internet communications system specialist. Its VocalWare IP remote access system lets users employ one broadband connection to simultaneously access the Internet while sending and receiving faxes and e-mail. Remote users such as telecommuters can use the system to access corporate networks by laptop or desktop PCs. Years of annual losses have left the company selling off its lines, including the network multiplexers that made up about 70% of sales.

 COMPETITION
Multi-Tech Systems, Inc. (dossier)
Xircom, Inc. (dossier)
Zoom Telephonics, Inc. (ZOOM)

 DEALS
Deal: IP AXESS Secures $1 Million
Date Announced: 06.14.01
Value of transaction (US $Mil): 1
Description: IP-based remote office technology company gets additional funding commitment.

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• Advanced Charting
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 0.30
1-Yr. Sales Growth: (89.3)%
Employees: 59
Revenue per employee: $5,084.75

 KEY PEOPLE
• James G. Scogin
    CEO
• James G. Scogin
    CFO

 CONTACT INFO
6509 Windcrest Dr., Ste. 120
Plano, TX 75024
US
Phone: 972-265-4000
Fax: 972-265-4055
Online: Web Site

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