Ixi Mobile, Inc.

Founded in 2000, IXI Mobile is a financial technology firm specializing in alternative investment strategies, utilizing advanced quantitative methodologies and risk management solutions for sophisticated investors globally. IXI Mobile provides innovative investment solutions focused on alternative strategies. The company was acquired by Runcom Technologies Ltd in December 2008 for USD 15. 20 mn, securing a 90 percent stake.

IXI Mobile is headquartered in Belmont, US, and was co-founded by Helen Risovets and Yevgeny Yorkhov, who also serves as the CEO. IXI Fund Managers Ltd specializes in alternative investment strategies, leveraging quantitative methodologies, financial engineering, and neural networks to develop robust investment systems. Their core offerings include systematic portfolio construction, risk management, and execution services designed to adapt to evolving market environments. The company serves a diverse client base comprising non-US professional and sophisticated investors who possess the requisite financial acumen to evaluate the complexities of its investment products.

IXI's services are aimed at enhancing portfolio performance and mitigating risks, primarily targeting markets outside of the United States, with an emphasis on regions where sophisticated investment frameworks are prevalent, such as Europe and Asia. IXI Fund Managers Ltd generates revenue through a structured fee model associated with its investment funds. Clients typically engage with IXI via subscription agreements that grant access to their investment strategies and performance analytics. The firm may also establish partnerships with institutional investors, facilitating larger investment flows into its managed funds.

Revenue streams are derived from management fees calculated as a percentage of assets under management, as well as performance fees tied to the success of investment outcomes. This transaction model underscores IXI's commitment to aligning its interests with those of its investors, aiming to deliver significant returns while managing inherent investment risks. As part of its future growth strategy, IXI Mobile plans to enhance its product offerings focused on systematic and alternative investment strategies. The recent acquisition by Runcom Technologies Limited will facilitate the expansion into new markets, particularly targeting Europe and Asia by the end of 2009.

The proceeds from the TRADE SALE, amounting to USD 15. 20 mn, will be utilized to support the development of new investment products and the scaling of operations in these targeted regions.