Intrusion Inc. Books $2,400,000 of TraceCop(TM) Orders
November 12 2008 - 4:00PM
PR Newswire (US)
RICHARDSON, Texas, Nov. 12 /PRNewswire-FirstCall/ -- Intrusion Inc.
(OTC Bulletin Board: INTZ) announced today it received orders
totaling $2,400,000 from the U.S. Government and U.S. Defense
Contractors for TraceCop projects since September 2008. These
orders produced revenue of $200,000 in September and the balance
will be recognized 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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