BSX approves listing of Conexys
of "F-commerce'' -- are to be listed on the Bermuda Stock Exchange.
The BSX announced yesterday that it had granted the approval for the listing of the company's common shares and common share purchase warrants.
Conexys was incorporated in Bermuda in September 1997 and holds exclusive worldwide distribution rights to patented e-commerce, messaging and communications technologies.
The company has added "F-commerce'' to the already-in-use business term "E-commerce'' and even registered the term as a trademark.
Fax-commerce permits regular hard-copy fax machines to connect to and interface with e-commerce platforms, messaging and data networks without any special hardware or software, a statement from the BSX said.
And computer based fax applications like WinFax are also supported.
Conexys has applied this kind of technology to provide long-distance savings by rerouting facsimile transmissions over it's worldwide virtual private network.
This type of "F-commerce'' enables users to achieve significant expense reduction while tracking facsimile costs for internal accounting or re-billing purposes.
Conexys plans to "redefine the messaging services market in 1999 by offering secure fax to email, email to fax and voice to email gateways.'' It will combine this technology with pager, fax or email notification of sent and received messages.
The listing was sponsored by Trafalgar Securities Limited.
Conexys Corporation president and founder Edward Furtak -- also Trafalgar's president -- said yesterday he was excited about the approved mezzanine market listing for the company's common shares and common share warrants.
"This listing gives Conexys the ability to increase its exposure to international investors interested in electronic commerce opportunities.
"The BSX listing is a significant milestone in the company becoming a leader in both the E-commerce and F-Commerce marketplace.'' BSX listing manager James McKirdy said: "The BSX is pleased to bring Conexys Corporation Limited to listing and welcomes the continued support of local investment services providers.''
