Intrusion Inc. Announces Selection of Silicon Valley Bank and Secures New Line of Credit
March 29 2006 - 5:02PM
PR Newswire (US)
RICHARDSON, Texas, March 29 /PRNewswire-FirstCall/ -- Intrusion
Inc. (NASDAQ:INTZ), ("Intrusion") announced today that it has
selected Silicon Valley Bank, the primary banking subsidiary of SVB
Financial Group (NASDAQ:SIVB) for its primary banking relationship,
including the establishment of a $1.0 million line of credit for
working capital purposes. About Silicon Valley Bank Silicon Valley
Bank provides diversified financial services to emerging growth and
mature companies in the technology, life science, private equity
and premium wine industries. Through its focus on specialized
markets and extensive knowledge of the people and business issues
driving them, Silicon Valley Bank provides a level of service and
partnership that measurably impacts its clients' success. Founded
in 1983 and headquartered in Santa Clara, Calif., the company
serves clients around the world through 27 U.S. offices and three
international operations. Silicon Valley Bank's parent company is
SVB Financial Group (NASDAQ:SIVB). More information on the company
can be found at http://www.svb.com/ . About Intrusion Inc.
Intrusion Inc. is a leading global provider of regulated
information compliance, entity identification systems, data privacy
protection products, and network intrusion prevention and detection
solutions. Intrusion's product families include the Compliance
Commander(TM) for regulated information compliance, data privacy
protection and identity theft prevention, TraceCop(TM)
identification and location system, Intrusion SpySnare(TM) for
real-time inline blocking of spyware and unwanted P2P applications,
and Intrusion SecureNet(TM) for network intrusion prevention and
detection. Intrusion's products help protect critical information
assets by quickly detecting, protecting, analyzing and reporting
attacks or misuse of classified, private and regulated information
for government and enterprise networks. For more information,
please visit http://www.intrusion.com/ . Financial Contact Michael
L. Paxton, VP, CFO 972.301.3658, Media Contact Jay Barbour, Vice
President of Marketing 972.664.8107,
http://www.newscom.com/cgi-bin/prnh/20030703/INTRUSIONLOGO
http://photoarchive.ap.org/ DATASOURCE: Intrusion Inc. CONTACT:
financial, Michael L. Paxton, VP, CFO, +1-972-301-3658, or , or
media, Jay Barbour, Vice President of Marketing, +1-972-664-8107,
or , both of Intrusion Inc. Web site: http://www.intrusion.com/
http://www.svb.com/
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