Intrusion Inc. Books $1,250,000 of TraceCop(TM) Orders
May 13 2008 - 4:05PM
PR Newswire (US)
RICHARDSON, Texas, May 13 /PRNewswire-FirstCall/ -- Intrusion Inc.
(OTC:INTZ) (BULLETIN BOARD: INTZ) announced today it received
orders totaling $1,250,000 from the U.S. Government and a U.S.
Defense Contractor for TraceCop projects since April 1, 2008. These
orders are expected to produce revenue over the next twelve months.
TraceCop is Intrusion's product family that provides abilities to
trace the source of cyber based attacks and other types of network
crime. About Intrusion Inc. Intrusion Inc. is a global provider of
entity identification systems, regulated information compliance,
and data privacy protection and network intrusion prevention and
detection products. Intrusion's product families include
TraceCop(TM) for identity identification, the Compliance
Commander(TM) for regulated information and data privacy
protection, and Intrusion SecureNet 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. Such statements include,
without limitations, statements regarding future revenue growth and
profitability, as well as other statements. 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 impact of our cost reduction
programs and our refocused product line, 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 stock price and the recent loss
of our Nasdaq listing, 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, the consolidation of the information
security industry, the impact of changing economic conditions,
business conditions in the information security industry, our
ability to manage acquisitions effectively, the impact of market
peers and their products as well as risks concerning future
technology 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. Contact: Michael L. Paxton, VP, CFO
972.301.3658,
http://www.newscom.com/cgi-bin/prnh/20030703/INTRUSIONLOGO
http://photoarchive.ap.org/ DATASOURCE: Intrusion Inc. CONTACT:
Michael L. Paxton, VP, CFO of Intrusion Inc., +1-972-301-3658, Web
site: http://www.intrusion.com/
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