Showing posts with label defense and Homeland Security stocks. Show all posts
Showing posts with label defense and Homeland Security stocks. Show all posts

Wednesday, February 3, 2010

Virginia Firm Develops Breakthrough Technology to Stop Cyber Attacks

Virginia Firm Develops Breakthrough Technology to Stop Cyber Attacks


WASHINGTON, Feb 01, 2010 -- At a time of increasing national concern over cyber attacks on government agencies and corporations, a small privately-funded Virginia engineering research firm has created a breakthrough technology for blocking cyber attacks that experts say is foolproof.

The firm, InZero Systems of Herndon, has been successfully demonstrating its new computer-protection technology to the Pentagon and other federal agencies, as well as to major defense contractors.

General Wesley Clark, who chairs the firm's advisory board, says the unique, hardware-based technology has been rigorously tested by outside experts and no one has been able to break through to attack computer networks protected by it.

"This is not just a conceptual solution to the threat of cyber terrorism," Clark said. "It is very real. It is eminently practical. It is affordable. And it is available now. Every agency and company that has tested it has found that it cannot be compromised."

"This is a vitally important development for our national defense," he said, "and for the protection of this nation's critical infrastructure."

Four-year-old InZero Systems is headed by Louis R. Hughes, former president of Lockheed Martin, the nation's largest defense contractor, and former executive vice president of General Motors.

"Our technology is essentially what the Administration and Congress have been calling for," Hughes said. "It is a true breakthrough. We are fundamentally changing the architecture of the personal computer to create an unprecedented level of security and control while preserving unlimited accessibility to the Internet and without compromising functionality."

In short, he said, "This really puts the world's hackers out of business."

Hughes said that while software solutions to cyber attacks had been found largely ineffective, InZero Systems took a different approach. "Our technology is hardware-based -- and it can be installed instantly."

Among companies testing the system was Escrypt Inc. of Ann Arbor, Michigan, a leading computer security firm. According to Escrypt president and CEO Andre Weimerskirch, the InZero system "cannot be undermined."

The InZero Secure PC essentially provides two computers in one. An InZero Gateway Module computer is attached to the computer that is being protected. As information arrives from the Internet, the InZero Gateway module isolates and hosts potentially dangerous network applications and processes incoming and outgoing files. It transfers clean files to the main computer -- all instantaneously.

The protected computer is never connected to the Internet. It remains secure while still sending and receiving e-mails, processing attachments, browsing the Internet and downloading and uploading documents. Any viruses, worms and malware are trapped in the InZero Gateway module.

Secure computer networks can be created by interconnecting InZero Gateway modules. Organizations can effortlessly extend their security perimeters even to laptop computers employees take to remote locations. The system provides trusted connections between unfamiliar partners. It serves as a foundation for security for direct communications, cloud computing, grid computing, social networks and online applications.

About InZero Systems

InZero Systems began operations in 2005 with the goal of providing organizations with a far more effective, yet fundamentally different approach to protecting sensitive data. Headquartered in Herndon, Va., the company is led by cyber security experts, entrepreneurs, and Fortune 100 senior executives and has grown to more than 60 employees. More information can be found at www.InZeroSystems.com.

SOURCE: InZero Systems


Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and www.Homelanddefensestocks.com
click here: http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp

Wednesday, January 6, 2010

Versar, Inc. (NYSE Amex: VSR) Acquires Professional Protection Systems, Ltd

Versar, Inc. (NYSE Amex: VSR) Acquires Professional Protection Systems, Ltd


SPRINGFIELD, Va.--Versar, Inc. (NYSE Amex: VSR) announced today that it has acquired Professional Protection Systems, Ltd. (PPS). PPS, located in Milton Keynes, United Kingdom, manufactures and sells proprietary personal protective equipment to the nuclear industry, including protective suits, decontamination showers, and emergency shelters. PPS markets its products in over 30 countries and will expand Versar’s International presence in the protective equipment market.

“The PPS acquisition is a high margin business with numerous synergies and upside that will make a positive impact to our ongoing business in the protective equipment market. Revenue growth via acquisition has been a priority in our strategic planning and will continue to complement our organic growth.”.The PPS acquisition will add approximately $5 million in annualized gross revenue to Versar’s base business and provide a strong platform to cross-market Versar’s and PPS’s combined product line in the United States and to International clientele. The acquisition, completed primarily with cash, a note and an earn-out component, is expected to be accretive in the first year.

Dr. Ted Prociv, President and CEO of Versar, said, “The PPS acquisition is a high margin business with numerous synergies and upside that will make a positive impact to our ongoing business in the protective equipment market. Revenue growth via acquisition has been a priority in our strategic planning and will continue to complement our organic growth.”

PPS’s management will remain intact and report to Peter Cooper, Versar’s National Security Group Senior Vice President. Mark Whitcher, PPS’s Managing Director adds, “The opportunity to join forces with Versar was very compelling and will allow us to immediately leverage our joint distribution network and grow the business more rapidly than we could have alone.”

VERSAR, INC., headquartered in Springfield, VA, is a publicly held international professional services firm supporting government and industry in national defense/homeland defense programs, environmental health and safety and infrastructure revitalization. VERSAR operates a number of web sites, including the corporate Web sites, http://www.versar.com, http://www.homelanddefense.com, http://www.geomet.com; http://www.viap.com; http://www.dtaps.com; and www.ppsgb.com.

This press release contains forward-looking information. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be significantly impacted by certain risks and uncertainties described herein and in Versar’s Annual Report on Form 10-K filed with the Securities and Exchange Commission for the year ended June 26, 2009. The forward-looking statements are made as of the date hereof and Versar does not undertake to update its forward-looking statements.



Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and www.Homelanddefensestocks.com
click here: http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp

Research Homeland Security and Defense stocks with the Defense Stocks directory:
The Global Defense and Homeland Security Stocks Directory features publicly traded defense stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory, in PDF format, includes Homeland Security Stocks, Aerospace and Defense Stocks, Biodefense Stocks, Security Stocks, Energy Security Stocks and Infrastructure Stocks with hyperlinks to stocks symbol(s), company's URL and company's description. For defense stocks followers, this is one of the most comprehensive global stock directories available to investors.
The Homeland Defense and Security stocks directory is also available in PDF.

Monday, January 4, 2010

Homeland Security Stocks Sector Close-Up; American Science and Engineering, Inc. (NASDAQ: ASEI) Announces $39.7 Million Order for Cargo X-ray Inspect

Homeland Security Stocks Sector Close-Up; American Science and Engineering, Inc. (NASDAQ: ASEI) Announces $39.7 Million Order for Cargo X-ray Inspection Systems


POINT ROBERTS, Wash., DELTA, B.C. –January 4, 2010 – http://www.HomelandDefenseStocks.com, a leading global investor and industry portal for the defense and security sector, within www.Investorideas.com, reports on Homeland Security stocks trading for January 4th. American Science and Engineering, Inc. (NASDAQ: ASEI) traded up on news of a $39.7 Million order for its Cargo X-ray Inspection Systems .


Homeland Security stocks trading as of January 4th , 2009:

American Science and Engineering (NasdaqGS: ASEI) trading at $79.19, up $ 3.35 (4.42%) 1:54pm ET, with a high of $80.80.
Analogic Corporation (NasdaqNM: ALOG) trading at $38.06, down $ 0.45 (1.17%) 1:42pm ET, with a high of $39.05
ICx Technologies, Inc. (NGM: ICXT) trading at $8.08, down $1.44 (15.13%) 1:58pm ET, with a high of $9.25
OSI Systems, Inc. (NasdaqGM: OSIS) trading up at $27.71, up $ 0.43 (1.58%) 1:58pm ET
L-3 COMM HLDGS INC (NYSE: LLL) trading at $87.53, up $ 0.58 (0.67%) 2:00pm ET

American Science and Engineering, Inc. Receives $39.7 Million Order for its Cargo X-ray Inspection Systems

Cargo X-ray Inspection Systems to Scan for Explosive Threats and Contraband at Strategic Border Crossings

BILLERICA, Mass.----American Science and Engineering, Inc. (AS&E®) (NASDAQ: ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced today that it has received a $39.7 million order for cargo X-ray inspection systems from an unnamed government agency to screen cargo and vehicles for explosive threats and contraband at strategic border crossings.

“We are pleased to provide this valued client with additional cargo systems to efficiently inspect cargo at border crossings for comprehensive detection of threats and contraband”
.“We are pleased to provide this valued client with additional cargo systems to efficiently inspect cargo at border crossings for comprehensive detection of threats and contraband,” said Anthony Fabiano, President and CEO. “AS&E’s cargo X-ray inspection systems utilize advanced technologies to detect a broad range of threats and contraband, including drugs, weapons, and plastic explosives.”

Available in a variety of configurations, AS&E’s cargo inspection systems employ highly advanced detection technologies for the inspection of cars, vans, and trucks, as well as palletized cargo, and air and sea cargo containers.

About AS&E®

American Science and Engineering, Inc. (AS&E) is the leading worldwide supplier of innovative X-ray inspection systems. With over 50 years of experience in developing advanced X-ray security systems, the Company’s product line utilizes a combination of technologies, including patented Z Backscatter™ technology, Radioactive Threat Detection (RTD), high energy transmission and dual energy transmission X-ray. These technologies offer superior X-ray threat detection for plastic explosives, plastic weapons, liquid explosives, dirty bombs and nuclear devices. AS&E’s complete range of products include cargo inspection systems for port and border security, baggage screening systems for facility and aviation security, and personnel and passenger screening systems. AS&E systems protect high-threat facilities and help combat terrorism and trade fraud, drug smuggling, weapon smuggling, and illegal immigration and people smuggling. AS&E customers include leading government agencies, border authorities, military bases, airports and corporations worldwide, including the U.S. Department of Homeland Security (DHS), U.S. Department of Defense (DoD), U.S. Customs and Border Protection (CBP), North Atlantic Treaty Organization (NATO), HM Revenue & Customs (U.K.), Hong Kong Customs, and Abu Dhabi Customs. For more information on AS&E products and technologies, please visit www.as-e.com.

Safe Harbor Statement. The foregoing press release contains statements concerning AS&E’s financial performance, markets and business operations that may be considered “forward-looking” under applicable securities laws. AS&E wishes to caution readers of this press release that actual results might differ materially from those projected in any forward-looking statements. Factors which might cause actual results to differ materially from those projected in the forward-looking statements contained herein include the following: significant reductions, delays or cancellations (in full or in part) in procurements of the Company’s systems by the United States and other governments; disruption in the supply of any source component incorporated into AS&E's products; litigation seeking to restrict the use of intellectual property used by the Company; limitations under certain laws on the Company’s ability to protect its own intellectual property; potential product liability claims against the Company; global political trends and events which affect public perception of the threat presented by drugs, explosives and other contraband; global economic developments and the ability of governments and private organizations to fund purchases of the Company’s products to address such threats; the potential insufficiency of Company resources, including human resources, capital, plant and equipment and management systems, to accommodate any future growth; technical problems and other delays that could impact new product development and the Company’s ability to adapt to changes in technology and customer requirements; competitive pressures; lengthy sales cycles both in United States government procurement and procurement abroad; and future delays in federal funding. These and certain other factors which might cause actual results to differ materially from those projected are detailed from time to time in AS&E’s periodic reports and registration statements filed with the Securities and Exchange Commission, which important factors are incorporated herein by reference. AS&E undertakes no obligation to update forward looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes in future operating results, financial condition or business over time. Readers are further advised to review the “Risk Factors” set forth in the Company’s Annual Report on Form 10-K, which further detail and supplement the factors described in this Safe Harbor Statement. Among other disclosures, the Risk Factors disclose risks pertaining to that portion of the Company’s business that is dependent on United States government contracting as well as international customers. As a contractor with the United States government, a significant number of the Company’s government contracts may be terminated at the government’s discretion.

About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.

Free Defense Stocks Newsletter Sign-up:
http://www.twotigersonline.com/newsletter.html


About InvestorIdeas.com:
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.

Research Homeland Security and Defense stocks with the Defense Stocks directory:
The Global Defense and Homeland Security Stocks Directory features publicly traded defense stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory, in PDF format, includes Homeland Security Stocks, Aerospace and Defense Stocks, Biodefense Stocks, Security Stocks, Energy Security Stocks and Infrastructure Stocks with hyperlinks to stocks symbol(s), company's URL and company's description. For defense stocks followers, this is one of the most comprehensive global stock directories available to investors.
The Homeland Defense and Security stocks directory is also available in PDF.

Investors also have the option to become an InvestorIdeas.com member and access 9 stock directories by login. -Learn more: http://www.investorideas.com/membership/

InvestorIdeas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp
Our sites do not make recommendations, but offer information portals to investors to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of any information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is compensated by featured companies, news submissions and online advertising.

For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@HomelandDefenseStocks.com
Source: HomelandDefenseStocks.com, Investor Ideas

Sunday, December 27, 2009

Public Safety Minister Van Loan and Transport Minister Baird Comment Following Incident on Northwest Flight 253

Public Safety Minister Van Loan and Transport Minister Baird Comment Following Incident on Northwest Flight 253

OTTAWA, ONTARIO - Dec. 26, 2009 - The Honourable Peter Van Loan, Minister of Public Safety, and the Honourable John Baird, Canada's Transport Minister, made the following statement following an aviation threat incident on Northwest Flight 253 from Amsterdam to Detroit.

"Yesterday, I spoke with US Homeland Security Deputy Secretary Jane Lute regarding Friday's aviation threat incident. Security threats to the United States are security threats to Canada. The Canadian government remains fully engaged with the Obama Administration on efforts to combat terrorist threats," said Minister Van Loan. "Our law enforcement and security agencies are committed to working with their US counterparts to secure our borders and protect the safety of our citizens."

Minister Baird has instructed officials with Transport Canada and the Canadian Air Transport Security Authority (CATSA) to assume a heightened state of vigilance in light of this incident. Passengers travelling by air could experience delays due to increased safety measures and should plan accordingly.

"The safety and security of all Canadians is of the utmost importance to our government," said Minister Baird. "That's why we've taken immediate action and are currently working with our American counterparts to implement all necessary safety and security measures as appropriate to protect Canadian travellers."

While full details of the incident have yet to emerge, both Ministers reiterated the Canadian Government's support for using no-fly lists to increase aviation security and protect the public.

"It is clear that Canada is not immune from incidents of terrorism. Canada has disrupted terrorist plots, and has successively tried and convicted terrorists. We will continue to take the appropriate action to protect the safety and security of Canadians."
__________________________________________________________


Research defense and Homeland Security stocks with the largest global defense stocks directory online for investors at Investorideas.com and http://www.homelanddefensestocks.com/

The directory includes stocks on NYSE, NASDAQ, OTCBB, TSX and global exchanges. The directory is available in PDF format or is included as part of the Investor Ideas Membership premium content with 9 other stock directories.

Visit directory: http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp