INTRUSION Inc. Welcomes Experienced Chief Financial Officer, Franklin Byrd
December 01 2020 - 7:15AM
INTRUSION Inc. (NASDAQ: INTZ), a leading provider
of entity identification, high speed data mining, cybercrime and
advanced persistent threat detection services, has appointed
Franklin Byrd to the position of Chief Financial Officer. He begins
serving in this role effective today.
Byrd is a Certified Public Accountant and brings more than 25
years of finance, accounting and compliance experience to
INTRUSION. He has significant scaling experience
with growing entities, having participated in taking three
organizations public.
“As INTRUSION accelerates forward to bring
next-generation cybersecurity to both government and commercial
organizations, the role of our CFO is incredibly important,” said
Jack B. Blount, President and CEO of INTRUSION. “I
believe Franklin has the right combination of vision, strategic
focus and leadership skills to help guide our company during this
time of rapid growth brought on by our new Shield
family of solutions.”
Byrd replaces long-time executive, Michael L. Paxton, who will
be retiring after helping to transition his duties. Paxton will
remain a member of INTRUSION’s board of directors
after his retirement.
Prior to joining INTRUSION, Byrd served as CFO
for Peak Nano Systems, LLC, a privately held nanotechnology
company, where he was responsible for scaling the finance and
operations functions for the company during a time of rapid
growth.
Byrd also has experience serving in an executive capacity for
publicly traded companies. Past roles include vice president of
finance for Hunt Power L.P., where he had divisional CFO
responsibilities overseeing financial vision, direction and
leadership for the construction and investment of power
infrastructure assets. He has also held progressive roles,
including the role of CFO, at companies such as Transwestern
Commercial Services, LLC, Panda Energy International, Inc., and ABC
Radio Networks.
Byrd serves on the Financial Executives International
Association and is an active member of both The American Institute
of CPAs and the Texas Society of Certified Public Accountants. He
received his MBA from Houston Baptist University, and holds two
bachelor’s degrees in finance and accounting from Texas A&M
University.
About INTRUSION Inc.
INTRUSION, Inc. is a global
provider of entity identification, high speed data mining,
cybercrime and advanced persistent threat detection solutions.
INTRUSION’s family of solutions includes
Shield™, a combination of plug-n-play hardware,
software, global data, and real-time Artificial Intelligence (AI)
services that provide organizations with the most robust
cybersecurity defense possible, TraceCop™ for
identity discovery and disclosure, and Savant™ for
network data mining and advanced persistent threat detection.
INTRUSION’s solutions 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 www.intrusion.com.
Cautionary Statement Regarding Forward Looking
Information
This release may contain certain forward-looking
statements, which reflect management's expectations regarding
future events and operating performance and speak only as of the
date hereof. These forward- looking statements involve a number of
risks and uncertainties. Such statements include, without
limitation, statements regarding the introduction of our new
INTRUSION
Shield™ solution, the expected
contributions of the these recently hired individuals, and the
anticipated benefits these contributions will make to the future
success of the Company, as well as other statements that are
forward looking in nature. 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, without limitation, the risk
that our new and upcoming product solutions do not achieve the
market acceptance we anticipate, or that these newly hired
individuals and these newly created position do not improve the
Company’s future performance as expected, as well as other risks
that we have detailed in the Company's most recent reports on Form
10-K and Form 10-Q, particularly under the heading “Risk
Factors.”
Contact
Julia Kramer
jkramer@intrusion.com
P: 972-301-3635
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