INFORMATION CAPITAL TECHNOLOGY VENTURES, INC. - Philippines

Information Capital Technology Ventures, Inc. (ICTV) was originally incorporated on June 5, 1996 as MF Schroder & Co., Inc. to engage in the purchase and sale of securities. In January 2002, the company was renamed Cashrounds, Inc. with the primary purpose to engage in the business of securities brokerage through the use of information technology. On September 19, 2006, the Securities and Exchange Commission (SEC) approved the change in the company's corporate name to its present one. Through the efforts of IMX Broadband, Inc., a certificate of registration as a value added service provider and voice over internet protocol provider (VOIP) was issued on March 10, 2006 by the National Telecommunications Commission to ICTV. The registration allowed ICTV to operate and maintain VOIP services  

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in all cities and municipalities nationwide. On July 24, 2008, SEC approved the change in ICTV's primary purpose into telecommunications, media (except mass media), and technology. Its new primary purpose covers the business of providing telecommunications, media, and information technology products and services. These include telecommunications value-added service (VAS) through companies duly licensed to engage in wired and wireless, fixed and mobile communications; software and hardware technology, business process outsourcing, call center and other information technology applications; digital media and other media except mass media; as well as activities directly or indirectly connected to these. Among the programs that ICTV management plans to undertake are: providing telecommunications VAS through iDEN, CDMA, GSM and broadband networks worldwide; and entering the software development services industry by expanding the markets being served by proprietary enterprise solutions it has developed and will develop for inter-network deployment nationwide and worldwide. ICTV plans to develop and market worldwide mobile data applications that will run on different platforms. It also plans to develop and market digital media content. Towards this directions, ICTV plans to acquire companies in the telecommunications, media and technology (TMT) space, in the Philippines and abroad, that have competitive business strategies, technology and market leadership but with high-value potential for short and long-term growth. It currently has an investment in a telecommunications company. Source: The Company (2009)