EZEN OTC BB .32/.34...did 337,000 vol yest and by 10.45a 200,000 today...here is why...also, I checked the 10q...$14m in bank per last filing:
(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. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com 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. -0- KEYWORD: Massachusetts INDUSTRY KEYWORD: CPR ARO STW *** end of story *** (PR NEWSWIRE) Ezenia! InfoWorkSpace(TM) Ver 2.1 Awarded Department of Defense Ezenia! InfoWorkSpace(TM) Ver 2.1 Awarded Department of Defense Approval for Use on Secure Intelligence Defense Network Collaboration Product Receives Department of Defense's Highest Security Accreditation BURLINGTON, Mass., June 13 /PRNewswire/ -- Ezenia! Inc. (Nasdaq: EZEN), a leading provider of real-time collaboration solutions for corporate networks and eBusinesses, today announced that its newest version of the InfoWorkSpace(TM) product has been accredited by the Department of Defense Intelligence Information System (DoDIIS) Management Board for use on the Joint Worldwide Intelligence Communication System (JWICS), the Department of Defense's Top Secret Network. All previous versions of InfoWorkSpace have received accreditation on all Department of Defense Networks. The Defense Intelligence Agency holds 5,000 concurrent user and 40,000 Instant Messenger licenses of InfoWorkSpace. With this announcement, InfoWorkSpace becomes the only data conferencing product on the market that meets the high security requirements of the Joint Intelligence Virtual Architecture (JIVA), DoDIIS and the JWICS Network. This Top Secret Network supports all US defense-related intelligence activities worldwide. InfoWorkSpace Version 2.1 was subjected to rigorous testing before receiving this vote of confidence from the DoDIIS Management Board, whose voting members come from each of the US Military Unified Commands, the services and DIA. In January 2001, the Assistant Secretary of Defense for Command, Control, Communications, and Intelligence (ASDC3I) recognized InfoWorkSpace as one of only two commercially available collaboration capabilities that met all warfighter functional and interoperability requirements. InfoWorkSpace is the only approved integrated product set that comes ready for deployment and use without significant additional integration efforts from multiple vendors. "We are extremely pleased to receive this accreditation from the DoDIIS Management Board," said Randy Brooks, vice president of government systems for Ezenia!. "This accreditation, in addition to the recent recognition by the ASDC3I, places our product among the elite solutions chosen by the government for use in its most sensitive networks. We can now ensure that our forces around the world will have access to the latest and best capabilities of InfoWorkSpace." "JCE/InfoWorkSpace 2.1 has been approved for DoDIIS worldwide fielding (DMB message, DTG 161235Z May 01) and it will be fielded on 40,000 workstations on JWICS and SIPRNET (the Secure IP Router Network). InfoWorkSpace 2.1 is a major improvement, and I believe it will be well received by the entire DOD Intelligence Community. I am impressed with the direction that Ezenia is taking in continuing to enhance InfoWorkSpace and improve its interoperability and integration with Microsoft and other collaboration products," Colonel Kenneth Ritchhart of the Defense Intelligence Agency said. "InfoWorkSpace allows us to collaborate on projects and initiatives in ways we never could before. The information being shared across our networks is mission-critical to the intelligence efforts in this country, and the tool selected to drive that collaboration must take security to the highest level." 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, whiteboarding, 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, and other considerations that are discussed further in the Management's Discussion and Analysis section of the Company's 2000 Annual Report to Shareholders, as well as risks and uncertainties relating to our ability to successfully implement our restructuring and cost reduction plan and to successfully operate thereafter and relating to the Company's recent acquisition of InfoWorkSpace (including the Company's ability to integrate the InfoWorkSpace product line and work force). 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 and Encounter are trademarks of Ezenia! Inc. Additional information on Ezenia! and its products is available at http:// www.ezenia.com. All other trademarks are property of their respective companies. Contacts: Jay McConville Director, Federal Business Development Ezenia! Inc. 703-963-3260 MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE Ezenia! Inc. -0- 06/13/2001 /CONTACT: Jay McConville, Director, Federal Business Development of Ezenia! Inc., 703-963-3260/ /Web site: ezenia.com (EZEN) CO: Ezenia! Inc. ST: Massachusetts IN: STW SU: CON *** end of story *** |