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Ezenia! Inc. Secures Multi-Year Contract with United States Air Force
Jul 20, 2010 (05:07 PM EDT)
NASHUA, N.H., July 20 /PRNewswire-FirstCall/ -- Ezenia! Inc. (OTC Bulletin Board: EZEN), a leading market provider of real-time collaboration solutions for corporate and government networks and eBusiness, has received a new multi-year order from the United States Air Force, totaling approximately $1M in licensing royalties for the Ezenia! flagship product line, InfoWorkSpace.
The contract is in addition to the renewal Ezenia! received earlier this year and allows for expanded support of Air Force Warfighters. It provides additional InfoWorkSpace suite licenses to be employed within the Combatant Commands Air, Space and Coalition Air Operation Centers (AOC) and supports six active duty Air Force and Air National Guard (ANG) sites throughout the world. "Further illustrating the Warfighters' trust in Ezenia!'s secure, real-time collaboration suite, the contract clearly reflects the Air Force's long-term confidence in Ezenia!," commented Keith Baron, Vice President of Customer Assistance & Field Support.
The addition of the United States African Command's (USAFRICOM) Air Operation Center, positions InfoWorkSpace in all combatant commands. Following installation in the 102nd AOG in Cape Cod, MA, 103rd AOG in East Granby, CN, 110th AOG in Battle Creek, MI, and 183rd AOG in Springfield, IL, InfoWorkSpace will be supporting almost double its current number of Air National Guard and Air Force Reserve sites. "When used in concert with the earlier licenses, this increase will support more than 50,000 Warfighters per day, or 16,800 per shift. From small meetings to large scale multimedia briefings, InfoWorkSpace meets secure communication needs at differing levels organization wide," further noted Mr. Baron.
"This contract demonstrates Ezenia!'s commitment to strengthening and expanding its customer base within the Department of Defense. And, we're just getting started," said Rene Rodriguez, Vice President of Government Business. "Given Ezenia!'s established track record in scalability, security, persistent multi-user chat, and real-time conferencing, InfoWorkSpace consistently delivers state-of-the art reliability and value."
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.