INTRUSION Seeks to Fill Key Executive Positions to Drive Growth
Summary
RICHARDSON, Texas--(BUSINESS WIRE)--INTRUSION Inc. (NASDAQ: INTZ), a leading provider of entity identification, high speed data mining, cybercrime and advanced persistent threat detection services, announced today that it is actively engaged in a search process to expand its executive team in support of its growth strategy centered on its revolutionary INTRUSION Shield™ solutions. Paxton will continue to perform his current duties until a successor is named and an orderly transition is completed, and will remain a member of INTRUSION’s board of directors after his retirement. “ In order to capitalize on this expected growth, we will be expanding our executive team with experienced leaders to help drive these exciting initiatives into the enterprise market. INTRUSION’s solution families include TraceCop™ for identity discovery and disclosure, and Savant™ for network data mining and advanced persistent threat detection. These factors include, without limitation, uncertainties related to the success of hiring efforts, the benefits of a new and expanded senior management team, and the successful introduction and deployment of our new INTRUSION Shield, and other facts and circumstances that might cause actual results to differ materially from our current expectations, some of which are detailed in the Companys most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.”
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