I-ON Digital Corp. revises pro forma revenue guidance for 2020. The Company was expecting to recognize a majority of this DXP related backlog throughout the course of this year, but the onset of COVID 19 and its ongoing economic impact has compelled the Company to roll back its forward twelve-month pro forma revenue guidance to $10 million from $15 million, which still reflects 26% year over growth. Despite headwinds, management will continue to pursue a multi-faceted strategy to attain a revenue run-rate target of $25 million by the end of 2021, which would likely reflect more international contribution and an improving revenue mix of PaaS and SaaS revenue, yielding higher year over year gross, and operating margins well above 45% and 15%, respectively.