Intrusion Inc. Books $2.0 Million Order
June 12 2006 - 5:31PM
PR Newswire (US)
RICHARDSON, Texas, June 12 /PRNewswire-FirstCall/ -- Intrusion Inc.
(NASDAQ:INTZ), ("Intrusion") announced today that it has received
an order for $2.0 million from the U.S. Government for several
projects. Of the total, $1.5 million is for the Company's TraceCop
product which provides the ability to trace the source of cyber
based attacks and other types of network crime. The remaining $0.5
million is for SecureNet, the Company's line of Intrusion
Prevention/Detection Products. The order is expected to generate
approximately $0.8 million of revenue in the second quarter 2006,
$1.0 million of revenue in the third quarter 2006 and $0.2 million
of revenue in the fourth quarter 2006, based on expected shipment
dates. "This order marks significant validation for Intrusion's
TraceCop product," stated G. Ward Paxton, President and CEO of
Intrusion Inc. About Intrusion Inc. Intrusion Inc. is a 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/ . This
release, other than historical information, may include forward-
looking statements regarding future events or the future financial
performance of the Company, including recognition of revenue. These
statements are made under the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995 and involve risks
and uncertainties which could cause actual results to differ
materially from those in the forward-looking statements, including
but not limited to the following: the difficulties in forecasting
future sales caused by current economic and market conditions, the
effect of military actions on government and corporate spending on
information security products, spending patterns of, and
appropriations to, U.S. government departments, the government's
ability to cancel purchase orders for its convenience, the
difficulties and uncertainties in successfully developing and
introducing new products in emerging markets, market acceptance of
our products, the impact of our sustained losses on our ability to
successfully operate and grow our business, our ability to generate
sufficient cash flow or obtain additional financing on acceptable
terms in order to fund ongoing liquidity needs, the highly
competitive market for our products, the effects of sales and
implementation cycles for our products on our quarterly results,
difficulties in accurately estimating market growth and others
identified in our Annual Report on Form 10-KSB, as amended, and
other Securities and Exchange Commission filings. These filings can
be obtained by contacting Intrusion Investor Relations. 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/
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