To: Kevin Clarke who wrote (60 ) 12/11/1997 4:58:00 PM From: John Liu Read Replies (1) | Respond to of 66
Recently found this little known Canadian company that has Canadian government contracts to provide security for it's networks. The protential IMHO is huge since getting anykind of government contract is no piece of cake. has anyone heard anything else about this little known company??? Here's the official news release: Wednesday December 10, 11:00 am Eastern Time Company Press Release Madison Announces Multi-Million Dollar Contract AURORA, Ontario--(BUSINESS WIRE)--Dec. 10, 1997--Madison Systems Inc. of Aurora Ontario, announced today the completion of an exclusive distribution and sales agreement over the next three years for 228,000 units of the Network Security Switching Device (the ''Centurion'') for the Pacific Rim. As part of this agreement, an initial order of 5,000 units has been received, to be delivered in January, 1998. This substantial contract is in addition to sales Madison already has with other clients such as Revenue Canada and the Ministry of National Defense. Mr. Don McNally, Chairman, stated that the Company expects to generate in excess of US$7 Million in revenue annually from the contract. ''This represents the first significant step in the Company's short history towards building a strong foundation for the future,'' said McNally. He further stated that the company continues to have preliminary discussions for the marketing of the ''Centurion'' for distribution in Europe, India and the United States. The ''Centurion'' provides the only available external means of obtaining complete security for a private network, where access is gained by way of a modem and telephone line. While existing software ''firewalls'' generally provide satisfactory security for private networks from unauthorized users attempting to gain access from the Internet, they are only partially effective at blocking access to a computer node equipped with a modem and telephone line. The ''Centurion'' has successfully overcome this problem by means of preventing the simultaneous connection of a computer node with its network and an external computer. The device physically assures that only either the modem connection or the network connection is active at any one time, thus preventing unauthorized access to the network so protected. Signed on behalf of the board, Don McNally Chairman of the Board Contact: Madison Systems Inc. Don McNally, chairman, 800/678-1817, 905/713-1645 Fax: 905/713-1628 E-mail: madd@netcom.ca Link to thread:exchange2000.com Link to News Article:biz.yahoo.com