Anyone have any thoughts about this release??? Integrated Security Systems, Inc. Announces Extended Intelli-Site Y2K Capabilities
IRVING, Texas--(BUSINESS WIRE)--April 24, 1998-- Integrated Security Systems, Inc. ("ISSI") [Nasdaq SmallCap Market: IZZI (Common Shares)] today announced a new software product for use with its Intelli-Site(R) security systems integration platform to facilitate resolution of the Year 2000 ("Y2K") Millennium Date problem for users of integrated security systems. The announced product, the Intelli-Site Y2K Gateway, ensures that devices integrated by Intelli-Site will operate as a Y2K compliant system even if some of the individual components are themselves not Y2K compliant. Intelli-Site is a vendor- independent, user-defined PC-based software platform designed to integrate multiple devices and subsystems from different manufacturers into a centrally controlled real-time security system whose functionality can be easily changed by the user without modifying source code. The Y2K phenomenon is expected to be as problematic for security applications as it is for the more publicized applications such as banking and finance, manufacturing and process controls, and general business support applications such as payroll, purchasing, and invoicing. Many security devices in use today utilize embedded technologies (programmable chips) or are controlled by manufacturers' application software, and may be more susceptible to Y2K problems due to the extended service life of many of the devices currently installed. Additionally, the majority of facilities utilize multiple subsystems from different manufacturers to provide and control various security functions such as access control, closed circuit television surveillance, and intrusion and fire detection. In the security industry, end user access to the source code for these devices and subsystems is generally not available, increasing reliance upon the manufacturers. Therefore, to achieve Y2K compliant certification for each facility, multiple manufacturers, who may provide different, if any, means to resolve their individual Y2K compliance, must participate in the resolution of identified problems. When multiple manufacturers are involved, different resolution implementations will most likely result in incompatible Y2K compliant databases, making integration even more difficult and expensive. Intelli-Site software, by design, is Y2K compliant. When complimented by Intelli-Site Y2K Gateway, integrated devices from different manufacturers, whether Y2K compliant or not, will operate as a Y2K compliant integrated system, with device control, operation, and reporting managed by Intelli-Site's consolidated database. The Intelli-Site Card Management System ("Intelli-Site CMS"), introduced in March 1998 as a companion Intelli-Site product, provides access card enrollment and control under Y2K compliance. Intelli-Site CMS is capable of managing multiple access control systems from different manufacturers with single card enrollment and single database. Intelli-Site CMS can be configured to make all time and date dependent decisions, removing any potential Y2K conflicts from different devices and also eliminating the need for any other access control application software which itself may be a source of additional Y2K problems and database incompatibilities. Intelli-Site with Y2K Gateway and Intelli-Site CMS provides users with both a Y2K compliant system and a means to integrate different devices from different manufacturers eliminating the need to bring all individual components to Y2K compliance and a standard database format. Existing equipment, even equipment not currently integrated, can be integrated and made Y2K compatible, displacing significant upgrade or replacement costs. Headquartered in Irving, Texas, ISSI is a developer, manufacturer and national supplier of total security solutions for the industrial and commercial marketplaces. ISSI is also a leading supplier of automatic gates and lane changers to the US road and bridge industry and of specialized products to the financial and healthcare industries. ISSI conducts its manufacturing, distribution and systems integration activities as a holding company through four wholly-owned subsidiaries, B&B Electromatic, Inc., Golston Company, Innovative Security Technologies, Inc., and Tri-Coastal Systems, Inc.
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CONTACT: Integrated Security Systems, Inc. Gerald K. Beckmann, President & CEO Holly J. Burlage, Vice President, Finance (972) 444-8280 integratedsecurity.com or ISSI'S INVESTOR RELATIONS COUNSEL: The Equity Group Inc. Loren Goldstein (212) 836-9604 lgoldstein@equityny.com |