September 3, 2007
Prospector
Profile
07.1247
 
IXI Mobile, Inc. NAICS 517110
1301 Shoreway Road, Suite 380 Belmont, CA 94002 Description Wireless Communications
(650) 551-0600 Employees 3
http://www.iximobile.com/ Revenue (mil) 0.9700
  Income (mil) 0.2200
  Assets (mil) 34.9300
  Liability (mil) 7.1200
  (for the year ended 2006-12-31)
 
Category: Loss/Deficit
 
Event: IXI Mobile, Inc., posted a $21,508,000 net loss on $3,171,000 of total revenues for the second quarter ended June 30, 2007, as compared with a $6,277,000 net loss on $3,729,000 of total revenues for the same period last year. At June 30, 2007, the company's balance sheet showed $58,525,000 in total assets and $66,044,000 in total liabilities, resulting in a $7,519,000 stockholders' deficit.
 
Intellectual Property: The Company has developed technical knowledge which, although not patented, is considered to be significant. However, the proprietary nature of such knowledge may be difficult to protect. The Company typically enters into agreements with employees and consultants who are involved in research and development activities or who have access to any confidential information prohibiting these individuals from disclosing any confidential information or trade secrets. The Company has applied for registration of the “Ogo” trademark in Europe and in the United States. [SEC Filing S-1 07-23-07]
 
Description: The Company delivers devices and services designed to improve mobile communications and increase mobile data usage. Its Ogo devices are designed to deliver messaging applications that increases data usage and enhances mobile experience.
 
Officers: Gideon Barak (Co-Chair); Israel Frieder (Co-Chair); Amit Haller (Pres., CEO & Dir.); Peter Fornell (SVP-Prod. Dev't.); Yoram Hirsch (VP-Operations); Gadi Meroz (VP-Corp. Dev't. & Gen. Counsel); Lihi Segal (VP & CFO); Shai Farkash (VP-Eng.); Dror Liwer (Chief Mktg. Officer); Yossi Sela (Dir.); Matthew Hills (Dir.); Shlomo Shalev (Dir.); Shmuel Gitlin (Dir.)
 
Auditor: Brightman Almagor & Company
 
Securities: Common Stock Symbol IXI.OB; OTCBB; 15,937,732 common shares outstanding as of Aug. 20, 2007.
 
 
 
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