NXCN Nexicon Inc. Debuts Commercial ComSecure Version; ComSecure v1.2 to Launch at The Sandia National Laboratories 2005 Supplier Showcase and Matchmaking Event
Nexicon Inc. Debuts Commercial ComSecure Version; ComSecure v1.2 to Launch at The Sandia National Laboratories 2005 Supplier Showcase and Matchmaking Event
ALBUQUERQUE, N.M.
Nexicon, Inc.
Richard Urrea, 505-248-0000
or
CCG Investor Relations
Crocker Coulson, 818-789-0100
crocker.coulson@ccgir.com
Nexicon, Inc. (OTCBB:NXCN), a leading provider of secure and efficient networking and communication solutions, today announced that it will launch the first commercial version of its ComSecure(R) controller technology at The Sandia National Laboratories 2005 Supplier Showcase & Matchmaking Event in Albuquerque, on March 16, 2005, tapping the multi-billion dollar network security market. The Company has been invited to present at the show as a guest of Abba Technologies, Nexicon's new implementation and fulfillment partner.
The ComSecure(R) controller, Nexicon Security Systems' flagship product, previously only available in a version for government institutions, is a robust and efficient platform for network operations, providing a proprietary firewall security protection system and unique control of Internet protocol traffic, devices and subscribers on a given network. The ComSecure(R) controller is a fully functional, autonomous entity but can also be used in conjunction with Nexicon Billing products to leverage the technology for full control of mission-critical transactions.
"We are very excited to present the patent-pending ComSecure(R) controller to a wider audience for the first time. Following its implementation on a government level last year, we are now responding to the pressing needs of enterprises and corporations for intelligent, cost-effective network security technology by providing the productized version of the ComSecure(R) controller. With the constantly growing threat of cyber attacks which potentially cause millions of dollars worth of damage to a corporate network, we have the turnkey solution which enables clients to maintain full control of a global enterprise network, the IT infrastructure, IP traffic, devices and subscribers at any time," said Rick Urrea, Chief Executive Officer of Nexicon, Inc.
Nexicon will be presenting at the booth of its implementation partner Abba Technologies. "We would like to thank Abba for providing us with this platform to showcase our technology. Abba will also be available for any questions regarding the implementation of our systems," Mr. Urrea continued.
Product inquiries should be directed to Kirk A. Kuli at kak@nexiconinc.com.
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, near the Los Alamos, White Sands and Sandia National Labs.
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, with additional offices in Los Alamos, N.M.; Las Cruces, N.M.; Colorado Springs, Colo.; and Alameda, Calif.
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. Pluto'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's Billing Systems solutions have been 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(R) and SatSecure products. ComSecure(R) 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.
