Organization and Operations

9 Months Ended

Sep. 30, 2019

Organization and Operations [Abstract]

Organization and Operations

NOTE 1: Organization and Operations

I-ON Digital Corp. (“the Company”) was incorporated on July 5, 1999 and is engaged in developing and supplying computerized system. The corporate headquarters is located at 15 Teheran-ro 10-gil Gangnam-gu Seoul, South Korea.  The Company provides enterprise content management services to customers primarily in Korea, Japan and Indonesia, by developing industry-leading products such as ICS (web content management system), iDrive (e-document management system), LAMS (load aggregator’s management system), e.Form (mobile contract system), IDAS (digital asset management system) and ICE (content delivery system).

I-ON, Ltd is the Japanese subsidiary of the Company incorporated in 2002. The Company has 99.5% ownership of I-ON, Ltd.   PT ION-soft is the Indonesian affiliate of the Company incorporated in October 2011 (20% of ownership.) The Company changed the ownership of PT I-ON-soft into 0.9% due to the capital increase of the major shareholder on August 1, 2019.