Security outsourcing company sets up shop in new headquarters location

IXP Corp. has relocated to new headquarters in Princeton, a move the growing technology company said will help it attract work force needed for expansion.

IXP, which supplies 911 technology and emergency consulting services to government and business, moved last month from Cranbury to a building of about 6,000 square feet in Princeton Forrestal Village.

CEO William Metro says the new location, while similar in size to its prior location on South River Road, provides better access to its clients and the Princeton-area talent pool.

“This space is much more conducive,” Metro said. “Cranbury was a litter farther out, in terms of taking advantage of young talent.

“This makes us feel so much more part of the community,” Metro added, noting its Main Street location is within a friendlier, village-like environment. “We feel better integrated into Central Jersey corridor than we were off Exit 8A.”

Supported by revenue and client growth, the company expects to add 30 or 40 employees this year, bulking to about 140 workers year’s end. Metro said iXP is looking to hire a range of technical support, project mangers, telecommunications experts and security operators. IXP said revenue is grown about 50 percent since January 2012; the company projects $16 million to $20 million revenue this year.

IXP is focused in part on helping budget-pinched municipalities and counties looking to save money by outsourcing 911 services, including encouraging joint arrangements where governments reduce expense through shared services.

IXP recently privatized the 911 emergency call center in Lawrence Township. Police Chief Daniel Posluszny credited the move for improving the township’s communication operation, freeing Lawrence to use police force more effectively. Metro said the company devised efficiencies that will add 2,000 to 3,000 additional police hours annually.

Lawrence is projecting $1.1 million in savings over the life of the contract, which includes two-year agreement, plus an option for an extension, Metro said.

IXP hopes to build on that momentum by persuading more municipal and county governments. The company plans to speak at the state’s League of Municipalities convention this November.

Other national clients the company has added recently include the city of Phoenix and universities of Connecticut and Michigan. Clients also include hospitals and corporations.

Founded in 1999, iXP has recently realigned its executive team, naming Metro as chairman and CEO; Lawrence Consalvos as president and chief operating officer; and Amy Onder as senior vice president and general counsel.

By Tom Zanki / NJBIZ

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