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TWST: Would you give us a brief historical sketch of the company and a picture
of the things you are doing at the present time?
Mr. Shipley: The company has its roots in a small technology company that went
public in 1995. In 1998, the company entered into an agreement to fund a
business plan to start a corporation, which was called Internet Commerce
Corporation or ICC. The basic idea was to use the Internet to create a value-
added network for the transport of supply chain and other business documents in
the EDI format. The company moved forward and funded the plan, eventually
merging ICC into its existing corporate entity, and changing its name to
Internet Commerce Corporation. Today, the company continues to generate most of
its revenue from that original technology development. In addition, we've added
several new business lines through acquisitions. We now operate what is probably
one of the biggest EDI service centers in North America, through which we act as
the outsourced department for small-to-medium size businesses that do not have
EDI capabilities. Most recently, we purchased the Enable Corporation, which
brought into the company an additional 1,200 customers as well as Web-based
front-end technology through which individual clients and trading communities
can exchange their trading documents. TWST: Within your customer base I believe you have some very large companies.
Mr. Shipley: We range from Fortune 500 companies all the way to small mom and
pops.
Tickers included in this excerpt: ICCA
For more information call (212) 952 7433. The
Wall Street Transcript does not endorse any of the comments made by interviewees, and does
not make stock recommendations.
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