Intrusion Inc. Announces Nasdaq Compliance Notification and Trading Symbol Change
20 Aprile 2004 - 11:05PM
PR Newswire (US)
Intrusion Inc. Announces Nasdaq Compliance Notification and Trading
Symbol Change RICHARDSON, Texas, April 20 /PRNewswire-FirstCall/ --
Intrusion Inc. , ("Intrusion") today announced that Nasdaq has
informed the Company of evidence of compliance with the current
requirement necessary for continued listing on The Nasdaq SmallCap
Market, as set forth in the Nasdaq Listing Qualifications Panel
decision dated January 16, 2004, subject to filing the Company's
10-Q on or before May 15, 2004 evidencing stockholders equity of at
least $2.5 million at March 31, 2004. The Company believes it will
satisfy this requirement based on the closing of its $5.0 million
private placement on March 25, 2004. Effective with the opening of
trading on April 21, 2004, the Company's symbol will change from
INZCD to INTZ. About Intrusion Inc. Intrusion Inc. is a leading
global provider of the Intrusion SecureNet(TM) line of leading
network intrusion prevention, intrusion detection and regulated
information compliance products, as well as deployment technologies
and security services for the information-driven economy. The
Intrusion SecureNet(TM) family of network security products for
governments and enterprises help protect critical information
assets by quickly detecting, analyzing and responding to attacks
and the misuse of classified and regulated information. Associated
Intrusion SecureNet(TM) Intrusion Detection(R) services provide
unique value to governments and enterprises in protecting
information assets. For more information, please visit
http://www.intrusion.com/ . This release, other than historical
information, may include forward- looking statements regarding
future events or our future performance, including, without
limitation, statements relating to our ability to maintain
compliance with the terms of our conditional listing with Nasdaq
and the continued listing requirements of The Nasdaq SmallCap
Market. These statements are made under the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995
and involve risks and uncertainties which could cause actual
results to differ materially from those in the forward looking
statements, including, without limitation, our ability to meet the
stockholders equity condition for continued listing on The Nasdaq
SmallCap Market within the specified times, our ability to comply
with all Nasdaq's continued listing requirements currently and in
the future as well as other risks and uncertainties identified in
our Annual Report on Form 10-K and other filings with the SEC.
Copies of these filings can be obtained from our Investor Relations
department. Financial Contact Michael L. Paxton, VP, CFO
972.301.3658, Media Contact Ryon Packer, VP 972.664.8072,
http://www.newscom.com/cgi-bin/prnh/20030703/INTRUSIONLOGO
http://photoarchive.ap.org/ DATASOURCE: Intrusion Inc. CONTACT:
financial, Michael L. Paxton, VP, CFO, +1-972-301-3658, or , or
media, Ryon Packer, VP, +1-972-664-8072, or , both of Intrusion
Inc. Web site: http://www.intrusion.com/
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