EZEN OTC BB .25...traded about 240,000 today altho thus far no real change. However, they have this out a few weeks ago, and Yahoo profile says they have $14m in cash. I can't vouch for that...but there is obvious interest here today...
(COMTEX) B: Department of Defense Approves Fielding of Ezenia! InfoWorkS
B: Department of Defense Approves Fielding of Ezenia! InfoWorkSpace(TM)
Collaborative Software Office of the Secretary of Defense for Command, Control,
and Communications, and Intelligence (OSDC3I) message gives go-ahead for
InfoWorkSpace deployment
BURLINGTON, Mass., Aug 20, 2001 /PRNewswire via COMTEX/ -- Ezenia! Inc.
(Nasdaq: EZEN), a leading provider of real-time collaboration solutions for
corporate networks and eBusinesses, today announced that the Department of
Defense has reiterated its acceptance of the InfoWorkSpace(TM) product as a
standard collaborative tool for defense operations. In a message released August
10, 2001, the OSDC3I cleared the way for InfoWorkSpace deployment DoD-wide, and
stated that InfoWorkSpace is part of the department's strategy for interoperable
collaborative systems.
InfoWorkSpace is a fully integrated data-, voice-, and video-conferencing
solution widely used throughout the DoD today. "The InfoWorkSpace team has
worked very hard to develop a solution that meets the requirements of the
Defense Department. We are now in our 4th year providing world-class
collaboration solutions and are extremely pleased to receive this statement of
continued support from the DoD. Ezenia! provides the best technology available
and will continue to work towards the interoperability goals that DoD desires,"
stated Randy Brooks, Vice President of Ezenia! Government Systems.
"Ezenia! is having significant momentum and success in the DoD with its entire
product line. Industry experts predict defense collaborative software will
eventually support hundreds of thousands of soldiers, sailors, airmen, marines,
government civilians, and contractors within a globally integrated work force.
From the Navy Marine Corps Intranet (NMCI), the Defense Intelligence Agency
(DIA) Joint Intelligence Virtual Architecture (JIVA), to the support being
provided to the airmen and soldiers of the US Air Force and US Army, we continue
to see increased demand for our InfoWorkSpace, IP, Web interactivity and ISDN
products. In addition, InfoWorkSpace is rapidly gaining acceptance in commercial
deployment. This increase in demand of our products in the federal and
commercial markets has put Ezenia! on the road to achieve success," stated
Ezenia! Chairman & CEO, Khoa Nguyen.
About InfoWorkSpace(TM)
InfoWorkSpace provides a secure virtual office where users can build online
meeting places, organized into virtual buildings, floors and rooms where they
can meet and interact on projects in real-time. InfoWorkSpace allows for the
establishment of user-friendly online work-groups that enhance collaboration and
increase productivity amongst knowledge workers.
Product Features:
* Instant Messaging - InfoWorkSpace's instant messenger capability, called
LaunchPad(TM), enables users to locate people connected to the system,
chat with them instantaneously or invite them to join a virtual meeting
room.
* Virtual Work Space - InfoWorkSpace offers a complete virtual meeting
room where users can meet and collaborate, store projects and review
archives.
* Collaboration Tools - Included in the InfoWorkSpace solution is a full
range of collaboration tools including such features as an advanced
whiteboarding capability; shared screens, allowing users to share a
portion of their screen with others in their virtual meeting; online
polling, allowing users to vote on particular meeting topics.
About Ezenia! Inc.
Ezenia! Inc. (Nasdaq: 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 the 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 messaging, white boarding, screen
sharing and text chat. The ability to discuss projects, share information and
modify documents allows users to significantly improve team communication and
accelerate the decision-making process. More information about Ezenia! Inc. and
its product offerings can be found at the company's Web site, www.ezenia.com.
Note To Investors
Statements included herein that are not historical facts include forward-looking
statements. Such forward-looking statements involve risks and uncertainties that
could cause actual operating results to differ from those indicated by such
forward-looking statements. These risks and uncertainties include the evolution
of Ezenia!'s market, dependence on major customers, rapid technological change
and competition, the ability to successfully implement the Company's
restructuring and cost reduction plan, risks associated with the recent
acquisition of InfoWorkSpace (including the Company's ability to integrate the
InfoWorkSpace product line and workforce) and other considerations that are
discussed further in the Management's Discussion and Analysis section of the
Company's 2000 Annual Report to Shareholders. Copies of the Company's 2000
Annual Report to Shareholders or other publicly available financial information
may be received at no charge by contacting Investor Relations at Ezenia!.
Editor's Note: Ezenia!, the Ezenia! Logo, InfoWorkSpace and Encounter are
trademarks of Ezenia! Inc. Additional information on Ezenia! and its products is
available at ezenia.com. All other trademarks are property of their
respective companies.
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SOURCE Ezenia! Inc.
CONTACT: Jay McConville, Director, Government Business Development of
Ezenia! Inc., +1-703-963-3260
URL: ezenia.com
prnewswire.com
Copyright (C) 2001 PR Newswire. All rights reserved.
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KEYWORD: Massachusetts
INDUSTRY KEYWORD: CPR
ARO
STW
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