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Saturday, February 28, 2015

Xurpas Inc, A Company that surpasses odds

Xurpas. Inc


Incorporated on November 26, 2001, Xurpas, Inc. (X) started as a technology company who specialises in digital products such as mobile development. They promote their products to mobile telecommunications. They currently provide content to Sonera Zed a telecommunications company base in Finland, including local telecommunications company such as Smart Communications and Globe Telecom, Inc. It also has a 65% controlling stake in Fluxion, Inc. a company engaged in internet systems design and software developments. The company was formally listed in Philippine Stock Market on Dec. 02, 2014, since then its bringing the market an appealing market profile. With a 52-week high of 12.88 surely a greater hit could make this company to watch for. 

Key Highlights:

  • Xurpas Inc. has signed a deal with Storm Flex Systems, Inc. for a 51% controlling stake at a cost of US$4.3 million. Xurpas and Storm completed the sale on February 26, 2015. 
  • Xurpas and Storm have signed a deal that will give Xurpas 37,565 shares or a 51% stake in Storm and other rights. Storm is a human resource consultancy firm which has developed a proprietary platform called the "flex benefits system" that allows employees to convert their employee benefits to other benefits such as gadgets and dining, a private carpool system, doctor consultations on demand, and even donations for charitable causes.
  • Kuala Lumpur, Malaysia—Philippine technology firm Xurpas, Inc. (PSE:X) recently bagged the Best Small Cap Equity Deal citation by Hong Kong-based institutional investment magazine, Alpha Southeast Asia in the Annual Best Deal and Solution Awards 2014. 





On December 11, 2014 new appointment of officers was held and new key management is instated 

      1.  Mr. Alexander Corpuz - Chief Finance Officer, Chief Information Officer and Compliance                  Officer; and
      2. Atty. Mark S. Gorriceta - Corporate Secretary, Chief Legal Officer and Assistant 
          Chief Information Officer.

Since the stock market has tedious process of enlisting, Chief Executive Hans Sicat encourages SME’s saying "The SME is still a large untapped market,” which signals companies a better future ahead of their business planning. Paving the way to other means of investment, hence Xurpas, Inc started in SME Board setting a system that could let SME's goal on enlisting to the stock market.


With the leadership of its President and CEO Nico Jose S. Nolledo Xurpas would gain better mobile software development and more of Filipino brand developments, together with his team

Treasurer and COO  Raymond Gerard S. Racaza

Chief Technology Officer and Corporate Secretary  Fernando Jude F. Garcia

Chief Business Development Officer  Jose Vicente T. Colayco

Chief Marketing Officer  Alfonso A. Tagaysay




We will surely be a watchdog for the future of this company. 









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