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Ezenia! Inc. Awarded Contract Renewals by Three U.S. Intelligence Organizations
May 10, 2010 (05:05 PM EDT)
NASHUA, N.H., May 10 /PRNewswire-FirstCall/ -- Ezenia! Inc. (OTC Bulletin Board: EZEN), a leading market provider of real-time collaboration solutions for corporate and government networks and eBusiness, recently received multiple awards from three intelligence organizations, totaling more than half a million dollars in licensing royalties for the company's flagship product line, InfoWorkSpace™.
InfoWorkSpace™ was conceived following the first Gulf War, when a lead army intelligence officer (G2) realized that there must be a better way to leverage and process the pool of intelligence information across various agencies and the Combatant Commands, regardless of time zones and/or physical locations, whether in the Pentagon or on the front lines, allowing military and civilian analysts to access and assess the knowledge base for real-time strategic support. Thus, began the creation of a new application suite to expand secure communication between these analysts on and off the battlefield, maximizing the intelligence and situational awareness for the entire team to keep front-line warfighters forewarned and forearmed.
The answer came from Ezenia! Inc. in the form of InfoWorkSpace™, the most secure and accredited interactive information sharing and multimedia collaboration application suite available today. Since its launch, InfoWorkSpace™ has supported three major intelligence organizations with more than seven servers and more than 1,000 operating licenses, allowing over 10,000 agents and intelligence analysts to securely share real-time information, search and retrieve archived data, promote situational awareness, and engage in collaboration and/or multimedia conferencing at any time.
"Since security is the watch word in the Intelligence Community, it is at Ezenia as well," stated Keith Baron, Ezenia Vice President of Customer Assistance & Field Support. "InfoWorkSpace™ has passed the stringent PKI/PKE testing administered at and certified by the Joint Interoperability Test Command of the Defense Information System Agency in Ft. Huachuca, AZ, making it an incumbent best solution for the intelligence user community, which explains why we have been supporting these agencies for the past five to ten years. The licensing renewals reflect the intelligence community's continued trust in Ezenia and its commitment to understanding and exceeding their secure communication needs."
"The heritage and experience from our years in supporting the intelligence and military organizations has given Ezenia a unique understanding and appreciation for the protection and compartmentalization of highly sensitive and strictly confidential information. This is reflected in the architecture and implementation of the concept of multiple security levels within our application suite," noted Michael Fitzell, Ezenia Vice President of Engineering. "It is our intention to bring the benefit of such technology into the commercial arena to ensure the protection of all digital assets from intellectual property to personal reputations."
About Ezenia! Inc.
Ezenia! Inc. (OTC Bulletin Board: EZEN), founded in 1991, is a leading provider of real-time collaboration solutions, bringing new and valuable levels of interaction and collaboration to corporate networks and Internet. By integrating voice, video and data collaboration, the Company's award-winning products enable groups to interact through a natural meeting experience regardless of geographic distance. Ezenia! products allow dispersed groups to work together in real-time using powerful capabilities such as instant audio and text chat, white boarding, screen sharing and secure file storage. The ability to discuss projects, share information, and modify documents allows users to significantly improve team communication, enhance overall situational awareness and accelerate the decision-making process. More information about Ezenia! Inc. and its product and service offerings can be found at the Company's Web site, http://www.ezenia.com .
Note to Investors Regarding Forward-Looking Statements
Statements included herein that are not historical facts may be considered forward-looking statements. You can identify these forward-looking statements by use of the words "expects," "anticipates," "estimates," "believes," "projects," "intends," "plans," "will," "may," and similar words. Such forward-looking statements, which include statements regarding the Company's business and financial outlook, expense control and cash preservation efforts, pursuit of sales opportunities and resulting effects, and long-term strategy, involve risks and uncertainties that could cause actual results to differ materially from those indicated by such forward-looking statements. These risks and uncertainties include the considerations that are discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2009, such as the evolution of Ezenia!'s market, dependence on the United States government as its largest customer and on other major customers, continued funding of defense programs by the United States government and the timing of such funding, uncertainties associated with procurement processes and on-going bidding activities for government programs, rapid technological change and competition within the collaborative software market, the Company's reliance on third-party technology, protection of its propriety technology, customer acceptance of InfoWorkSpace and other new products including the acceptance of InfoWorkSpace in the commercial market, retention of key employees, stock price volatility, the Company's history of liquidity concerns and operating losses, and other considerations that are discussed further in such report. You should not place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation to update forward-looking statements after the date of such statements.
Note: Ezenia! is a registered trademark of Ezenia! Inc., and the Ezenia! Logo and InfoWorkSpace are trademarks of Ezenia! Inc. Additional information on Ezenia! and its products is available at www.ezenia.com .
SOURCE Ezenia! Inc.