Breaking News:Wave announced Q1 2008 revenues rose 32% to $1.7 million on continued growth in bundled PC OEM software royalties. Shipments of bundled Wave software reached over 27 million units and continued to grow each month. L-1 Identity said its enterprise access division, Bioscrypt, announced the launch of its next generation VisionAccess 3D face reader. Check Point's vew ZoneAlarm ForceField protects users' private information against web attacks. EDS confirms advanced talks with Hewlett-Packard. Gemalto and McAfee introduce simple two-factor authentication for full disk encryption. OSI Geospatial announced that its U.S. Systems Operations has signed a five year, US $10 million contract with the U.S. Army. Under the terms of this contract, the company will provide its land based command and control products and engineering services in support of U.S. Army operational requirements. Novell announced a comprehensive and integrated platform of identity and security management solutions optimized for use with the SAP NetWeaver® platform and SAP® business software applications. FLIR Systems said that it has received a 60 unit order for its Navigator(TM) II thermal imaging camera from Bourbon. McAfee and Microsoft showcase joint network access control solution for defense customers. Websense helps YES Satellite Broadcasting protect essential information from data loss. LaserCard announced that it has received follow-on purchase orders totaling $1.6 million for optical memory cards for vehicle registration programs in three states in India. L-1 Identity Solutions said it is providing the live scan technology to Biometric Identification Services for the State of Connecticut’s first full-service fingerprint and background check facility opened in Wethersfield. OSI Geospatial announced that its U.S. Systems Operations has been awarded a contract valued at approximately US $1.6 million, including all options, to further develop and enhance its command and control technology to meet U.S. Army operational requirements. IBM announced availability of new solutions for mid-sized companies to minimize risk. Kroll said supply chain fraud risks are increasing due to global growth and outsourcing. Smith & Wesson said it receives M&P pistol order from Canada's Halton regional police service. Shaw was awarded environmental multiple award contracts by the U.S. Navy. Northrop Grumman has been awarded a contract by the U.S. Air Force Aeronautical Systems Center for the development and flight-testing of a signals intelligence sensor payload for the U.S. Air Force MQ-1 Predator. Axis Communications announced that the Long Beach City School District in NY, is using its network cameras to provide public school security. Lockheed Martin announced 1Q 2008 results: EPS up 9% to $1.75, net earnings up 6% to $730 million, net sales up 8% to $10 billion. Honeywell announced today that it has signed an exclusive licensing agreement with Mercury Computer Systems for Mercury's VistaNav® 3D Synthetic Vision Intellectual Property. Infineon and PGP Corporation announced that they will collaborate to enhance security options. General Dynamics has been awarded two contracts valued at $57 million for Abrams Tank Urban Survivability Kits. Microsoft and Novell extend reach of interoperability collaboration to China. Blue Coat announced that it will acquire Packeteer for $7.10 per share in cash, or approximately $268 million. Please see our news archive for more breaking news about security solutions, homeland security, and security stocks... click here.
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In The Boardroom With....
Security is broken, and the marketplace is crying out for a new approach to address a problem that is growing in both complexity and risk annually.
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