Apptix ASA Company Profile - Sep 06, 2011 by WrightReports

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Apptix ASA is a Norway-based software developer engaged in the delivery and management of on-demand business communications, as well as collaboration and Information Technology (IT) solutions to small and medium-sized businesses (SMBs). The Company oversees daily network and applications management, including upgrades, patch uploads and software revisions. Its services and products include Hosted Exchange, Web Conferencing (OCS 2007), Mobile Email, Secure IM (OCS 2007), Voice Over IP (VoIP), Windows Website Hosting, SharePoint, Virtual Private Servers (VPS) and Online Backup. Apptix ASA's solutions are marketed through its brands: MailStreet, which focuses on SOHO and small business and Apptix, which aims at midmarket and enterprise. It operates through its wholly owned subsidiary, Apptix, Inc. The Company's primary operations are in Virginia, the United States.

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   A Wright Investors' Service Research Report:

   Apptix ASA
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Norwegian Kroner

                                 Wright Quality Rating:LDNN                               Key Data

   Apptix ASA is a Norway-based software developer engaged in the delivery and            Ticker:
   management of on-demand business communications, as well as collaboration and          18311
   Information Technology (IT) solutions to small and medium-sized businesses (SMBs).
   The Company oversees daily network and applications management, including              2010 Sales:
   upgrades, patch uploads and software revisions. Its services and products include
                                                                                          228,703,827
   Hosted Exchange, Web Conferencing (OCS 2007), Mobile Email, Secure IM (OCS
   2007), Voice Over IP (VoIP), Windows Website Hosting, SharePoint, Virtual Private
   Servers (VPS) and Online Backup. Apptix ASA's solutions are marketed through its       Major Industry:
   brands: MailStreet, which focuses on SOHO and small business and Apptix, which         Electronics
   aims at midmarket and enterprise. It operates through its wholly owned subsidiary,
   Apptix, Inc. The Company's primary operations are in Virginia, the United States.      Sub Industry:
                         Stock Chart                                 Officers             Systems & Subsystems
                                                                    Chairman
                                                                  Johan Lindqvist         Country:
                                                                                          Norway
                                                              Chief Executive Officer
                                                                 David E. Ehrhardt        Currency:
                                                                                          Norwegian Kroner
                                                              Chief Financial Officer
                                                               Christopher E. Mack
                                                                                          Fiscal Year Ends:
                                                                                          December

                                                                                          Employees
                                                                                          157

                                                                                          Exchanges:
                                                                                          OSL OTH

                                                                                          Share Type:
                                                                                          Ordinaere Aksje
               Stock Price (9/2/2011): 2.00
                Recent stock performance
                    1 Week       -7.0% 
								
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