Intrusion Inc. - Intrusion Announces Securities Purchase Agreement Through a Private Offering

"We are excited to announce that we have entered into an above-market price Securities Purchase Agreement through a Private Offering," said Tony Scott, CEO of Intrusion. The Company offers its customers access to its exclusive threat intelligence database containing the historical data, known associations, and reputational behavior of over 8.5 billion IP addresses. After years of gathering global internet intelligence and working with government entities, the company released its first commercial product in 2021. Intrusion Shield observes traffic flow and instantly blocks known or unknown malicious connections from entering or exiting a network to help protect against zero-day and ransomware attacks. They involve several risks and uncertainties, including, without limitation, the chances that our products and solutions do not perform as anticipated or do not meet with widespread market acceptance.