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June 02, 2015 10:42 PM ET

Communications Equipment

Company Overview of Viseon Inc.

Company Overview

Viseon Inc. develops and resells desktop and consumer broadband communications systems. It develops broadband telephones under the VisiFone name for use with voice over Internet protocol services. The company also provides two way live video communications, digital audio, and on-screen features controls; and enables network based services, such as video mail and the ability to receive streamed content. It sells its product to original equipment manufacturers, corporate, education, and government related customers. The company was formerly known as RSI Systems, Inc. and changed its name to Viseon Inc. in 2001. Viseon Inc. was founded in 1993 and is headquartered in Irving, Texas.

8445 Freeport Parkway

Suite 245

Irving, TX 75063

United States

Founded in 1993

17 Employees

Phone:

972-220-1500

Fax:

972-906-6380

Key Executives for Viseon Inc.

Chairman of The Board, Chief Executive Officer, President and Chief Technology Officer
Age: 53
Chief Financial Officer, Chief Operating Officer and Principal Accounting Officer
Age: 50
Legal Counsel
Vice President of Engineering
Compensation as of Fiscal Year 2014.

Viseon Inc. Key Developments

SEC Revokes Registration Of Registered Securities Of Viseon

The registration of the registered securities of Viseon Inc. has been revoked. The Company had repeatedly failed to file required annual and quarterly reports with the Securities and Exchange Commission (SEC). Thus, the Company violated a crucial provision of the federal securities laws that requires public corporations to publicly disclose current, accurate financial information so that investors may make informed decisions. The revocation was ordered in an administrative proceeding before an administrative law judge.

SEC Orders Hearing On Registration Suspension Or Revocation Against Viseon

The Securities and Exchange Commission (SEC) instituted public administrative proceedings to determine whether to revoke or suspend for a period not exceeding twelve months the registrations of each class of the securities of Viseon Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the Company is delinquent in their required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the Administrative Law Judge will hear evidence from the Division and the Company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The Administrative Law Judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the Company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceedings.

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