Local News

Video/Voice Over IP Firm Changes Name, Moves To Raleigh

Posted August 2, 2006 5:48 a.m. EDT

— GTX Corporation

, a company focused on video and voice over Internet Protocol technology, has a new name and a new home.

The company has changed its name to Vision Technology Corporation and has relocated its headquarters to Raleigh from Southern Pines.

The company is publicly traded and has a new trading symbol (Pink sheets: VSTC). Vistion Technology also has approved a reverse 2-for-1 stock split.

The company's management team remains: Edward Ovsenik, president; Mark Brecher, secretary and treasurer; and Ivan Ivanov, chief technology officer.

Vision Technology's headquarters is located at 8024 Glenwood Avenue Suite 2005, Raleigh.