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Copyright © Xorbix Technologies ™, Inc. 2002

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Entrepreneur ( pg. 3)

      This month the company will launch Ioxphere™, its first software product.  Ioxphere is a Web survey development tool, which allows users to quickly create, publish and distribute online surveys. The software is also capable of developing various other Web forms such as an online menu for restaurants.
     
Results from the surveys can be tabulated in seconds -- a huge plus for Chris Orr, director of Cygnus Interactive for Cygnus Business Media.   "As a business-to-business media organization, we're always talking to our reader base," says Orr.  With Ioxphere "you can reach the market more often at a faster pace."
     
Cygnus owns more than 50 magazines and will use Ioxphere to provide surveys for its online publications. Orr says he feels the Ioxphere will give the company a much higher rate of response then a paper survey could.
     
The state of Illinois Health Department and several local companies have expressed interest in Ioxphere as well, Bakar says.
     
 Xorbix has been working on the new software for more than a year and a half.  It spent nearly $300,000 on development; sweat equity brings the cost to more than $1 million, Bakar says.  Other new software products are already in development, he said.
      Xorbix's annual revenue is approaching $1 million and is expected to grow.  The numbers are made even rosier by the company's complete lack of debt.  "I financed everything from the money generated from consulting," says Bakar.
     
The 32-year-old Bakar attributes his success to the values he learned from his family.  "I get a lot of my work ethic from my parents," he says.
     
He grew up with three siblings in Pakistan where his mother was a doctor and his father worked as a journalist.  Both are now retired and remain a strong support system for Bakar.
     
Bakar received a Bachelor of Science in computer engineering from Milwaukee School of Engineering.  He became a US citizen a year ago.
     

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