Cyber Operations, Inc. Completes Its Merger with Cathay International
January 09 2007 - 4:59PM
Business Wire
Cyber Operations, Inc. has completed its merger with Cathay
International Holdings. As a result of this transaction being
completed, Cyber Operations will integrate its business operations
into the public entity, with its shares traded under the symbol
CYPJ.OB. Cyber Operations designs, markets and distributes advanced
software-based security solutions including large-scale network
security, access control and biometric technologies, and
comprehensive digital content management and distribution
solutions. Cyber Operations has patented network security
technology. One of its customers is the U.S. government. The
company also has worldwide sales and distribution rights for
technology that provides sophisticated digital asset protection,
reducing losses associated with unauthorized file-sharing and file
access. Cyber Operation�s products are designed to secure
customers� enterprise-wide information technology infrastructure,
from the network to the perimeter, including all proprietary
digital assets. The company�s technology delivers an integrated
blanket of secure technology that spans an enterprise. �This
transaction opens a new chapter for the development and growth of
the company,� commented James Massey, Founder and Chairman of Cyber
Operations. �The security technology market is one of the fastest
growing segments in the technology industry,� commented Phil
Ruggieri, Cyber Operations CEO. �While there are many suppliers in
this space, the Cyber Operations strategy is differentiated since
we deliver both enhanced security and increased corporate
productivity. We use the early adopter business model to ensure our
products match our customer�s business priorities.� The company has
a number of customer success stories, and it plans to grow
organically, as well as through strategic acquisitions. The company
maintains offices in the Birmingham, Alabama area and in Orlando,
Florida. Its products and solutions can be viewed at its website at
www.cyberoperations.com. This news release may contain certain
forward-looking statements and information concerning the company�s
operations, economic performance and financial condition following
the acquisition of Cyber Operations, LLC. These statements are
subject to various risks and uncertainties. Actual results could
differ materially from those currently anticipated due to a number
of factors. We assume no duty to update these statements at any
future date.
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