Message #3 From:
Stock News Bot Date: March 15, 2005 11:34:28 AM
NXCN Nexicon Inc. and Abba Technology Announce Integration Partnership Agreement
Nexicon Inc. and Abba Technology Announce Integration Partnership Agreement
ALBUQUERQUE, N.M.
Nexicon, Inc.
Richard Urrea, 505-248-0000
or
CCG Investor Relations
Crocker Coulson, 818-789-0100
crocker.coulson@ccgir.com
New Business Alliance Benefits Clients By Offering Complete Hardware and Software Implementation and Maintenance Fulfillment
Nexicon, Inc. (OTCBB:NXCN), a leading provider of secure and efficient networking and communication solutions, today announced that it has partnered with Abba Technology of Albuquerque, New Mexico, an award-winning IT implementation solutions provider, thus broadening its offering to include complete and scalable hardware and software integration services for Nexicon Billing Systems and Nexicon Security Solutions in the United States.
Focusing on Enterprise and High Performance Computing, Information Lifecycle Management, Converged Networks, Professional Service, Abba Technology is a proven leader in enterprise level technology integration and professional services for the Defense, Energy, State and Local Government, and Commercial markets. Customers include the DOE, the DoD, the Air Force, US Marines, Air and Army National Guards, US Coast Guard, Lockheed Martin, Northrop Grumman, the State of NM, the University of NM, Public Service Company of NM, and San Juan Regional Medical Center.
"We are very excited to collaborate with an integration partner of Abba's caliber, one of the finest IT solutions providers in the state. Abba's unparalleled capability to integrate Open Architecture/Open OS platforms provides the scale and scope we need to meet the demand in Nexicon's current business pipeline. And it enables us to offer our corporate and government clients one-stop solutions comprising the delivery and implementation of our technologies as well as on-site support and maintenance. I am looking forward to a long and fruitful partnership," said Rick Urrea, Chief Executive Officer of Nexicon, Inc.
"We are delighted to partner with Nexicon whose next-generation billing and network security technologies fit well into Abba's product line focus. We believe that the ComSecure platform fills a very real hole in network vulnerability to malicious attacks that could compromise critical data and impair vital government networks. Nexicon is on the front lines of securing the homeland from attacks launched through cyberspace," said Andrew Baca, President and CEO of Abba Technologies.
Over its 12 year business history, Abba Technologies has established strong ties and trusted relationships with leading technology firms and think tanks such as the Los Alamos National Labs and Sandia Labs. As an exhibitor at the Sandia National Laboratories, 2005 Supplier Showcase & Matchmaking Event on March 15 and 16, 2005, Abba Technologies extended an invitation to Nexicon, Inc. to demo the ComSecure Controller, one of Nexicon's flagship products, to the public.
About Abba Technologies
Founded in 1993 by former employees of Digital and IBM, Abba Technologies partners with customers to implement complete and reliable IT solutions. Supplying the technical knowledge and expertise to develop cost effective, scalable, and proven solutions for clients' technology requirements, it creates value and mission success. The Company holds substantial contracts with leading enterprise, research, and government clients, including the Sandia National Laboratories, Los Alamos National Laboratories, and the State of New Mexico. It has frequently been recognized for outstanding growth and business excellence and has earned numerous prestigious client, industry and supplier awards. Abba is a certified small, disadvantaged, minority, 100% employee-owned business headquartered in Albuquerque, NM with additional offices in Los Alamos, NM, Las Cruces, NM, Colorado Springs, CO, and Alameda, CA.
About Nexicon
Nexicon offers all-in-one or issue-specific management solutions for network control, cyber security, operational support systems, and billing systems, enhancing clients' capabilities to provide information services and energy utilities more efficiently and more securely to a broader base of consumers. Nexicon is headquartered in Albuquerque, NM, near the Los Alamos, White Sands, and Sandia National Labs.
Nexicon's wholly-owned subsidiary Pluto Communications International AS, based in Lysaker, Norway is a leading supplier of infrastructure software supporting the delivery of services over advanced networks including fixed wireline and mobile telephony; cable, satellite, and digital TV; internet; and energy utilities. Its CHARON solution, a next-generation platform, combines network management modules for the integration, provisioning, invoicing, and maintenance of end-users, all via a convergent interface. Nexicon's integrated billing systems enable service providers to innovate, streamline, and position for growth, while maintaining a cohesive, efficient billing and customer service management system. Service providers can thus offer their subscribers faster and higher quality service. With easy installation, low infrastructure costs, and value-added service, Pluto Communications Inc. were nominated for the World Billing Award.
Nexicon's wholly-owned subsidiary Nexicon Security Solutions, formerly Orion Security Services, Inc. (OSSI), based in McLean, VA is responsible for the ComSecure and SatSecure products. ComSecure provides a new breed of scalable IP network control and management solution. With military and government uses as well as commercial applications, the SatSecure Video Surveillance System, a versatile and compact briefcase-sized video surveillance solution activated by motion detection of user-specified events, enables mobile, real-time, event-triggered, high-quality video capture and transmission in limited bandwidth environments, providing both manned and unmanned surveillance and reconnaissance for corporate and homeland security.
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made based on management's belief as well as assumptions made by, and information currently available to, management pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the results anticipated in these forward-looking statements as a result of a variety of factors, including those identified in Nexicon, Inc. Information Statement Filing and its Annual Report on form 10-KSB for the year ended December 31, 2003, and its Quarterly Report on Form 10-QSB for the three months ended September 30, 2004; June 30, 2004; and March 31, 2004; as filed with the Securities and Exchange Commission.
