Board to Spur Govolution Push Into State, Local Market

Board to Spur Govolution Push Into State, Local Market

William Welsh, Staff Writer

AUG. 14 ? Govolution, a provider of electronic commerce solutions to the federal government, has formed a high-profile advisory board to support the company's planned expansion into state, local and global markets.

The eight-person advisory board for Washington-based Govolution will be led by Julian Bond, NAACP chairman of the board, and William Kristol, Weekly Standard editor and publisher.

Other advisory board members have extensive experience in state and local government, Internet companies, telecommunications and universities, according to the company.

"This respected advisory board will play a critical role in guiding our company and providing the real-world experience in government that Govolution needs as we expand our leadership into new markets at home and around the globe," said Jonathan Prince, chairman and chief executive officer.

Govolution provides online payment services to more than 30 U.S. government clients, including the departments of Commerce, Defense, Education, Interior, Justice and Treasury.

The company already is negotiating contracts with a number of state and local government entities, according to Prince.

Govolution expects to get paid for state, local and global projects through a combination of a deployment fee and transaction fees. "The great share of our revenue stream is a transaction fee plan," said Prince.

The company does not sell citizen data to third parties, according to a company statement.

Govolution was founded as a division of Bixler Inc. of Washington, an e-government solutions company, and separately incorporated in March 2000 to expand into the state and local sphere. Bixler Inc., which is owned by Joshua Bixler, has annual revenue of between $2.5 million and $5 million, according to Hoover's Online of Austin, Texas.

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