Press Release: CYRUSOFT INTERNATIONAL COMPLETES ACQUISITION
Mulberry Information <[email protected]> Thu, 20 May 2004 18:04:16 -0400
| Newsgroups | gmane.mail.mulberry.announce |
|---|---|
| Message-ID | <8457DE16CDA87A504AC45C53__8980.90374325893$1085091551@ninevah.cyrusoft.com> |
--==========91BEFB7DBDEC94F0AE47========== Content-Type: text/plain; charset=us-ascii; format=flowed Content-Transfer-Encoding: quoted-printable Content-Disposition: inline FOR IMMEDIATE RELEASE Contact: John Degory Chief Executive Officer Cyrusoft International, Inc., now ISAMET, Inc. [email protected] 412 605-0499 x11 PITTSBURGH'S CYRUSOFT INTERNATIONAL COMPLETES ACQUISITION, CHANGES=20 CORPORATE NAME, AND LAUNCHES MOVE INTO HOMELAND SECURITY MARKET PITTSBURGH, Pa., May 21, 2004, Cyrusoft International Inc., a=20 Pittsburgh-based provider of intelligent email products, announced the=20 acquisition of another Pittsburgh software company as part of a strategic=20 drive into the homeland security software market. Cyrusoft said it acquired ISE Lab Inc., which has developed proprietary=20 agent-based security technology under the leadership of Qi He, a leading=20 cryptography researcher. Terms of the acquisition were not disclosed. The addition of ISE technology to Cyrusoft's globally-established suite of=20 Internet messaging products has established a new direction for the=20 combined companies, which have been named ISAMET, Inc., for Intelligent,=20 Secure Agent Messaging Technology. The new corporate identity reflects the roll-out of a new product called=20 EDDES (Emergency Disaster Deployment Evacuation System), which the combined = companies expect to become a leader in the homeland security communications = marketplace. ISAMET is currently working with Region 13 of the=20 Pennsylvania Emergency Management Agency (PEMA) in Western Pennsylvania, as = well as with a major defense contractor, to provide leading-edge secure=20 messaging and communications technology for emergency-response personnel. "With this acquisition, we're launching a new company designed to become a=20 major player in homeland security communications," said John Degory, CEO of = ISAMET. "Pittsburgh is emerging as a global leader in homeland security=20 technology, and the merger of these two Pittsburgh software companies=20 signals a step forward in the region's leadership of this 21st Century=20 industry." As part of the merger, Qi He of ISE has joined the combined companies as=20 Chief Science Officer and will be the architect for the new products. "I'm = excited by the opportunity to become part of ISAMET and to see my=20 technology become deployed in the security interest of our state and our=20 nation," he said. Potential users of the platform also expressed enthusiasm for the new=20 direction of the combined companies. "Our region has been working with=20 ISAMET to develop a secure messaging solution finely tuned to the needs of=20 professional emergency management personnel," said Bob Full, Chairman of=20 PEMA's, Region 13. "We're excited by the relationship we've developed with=20 John Degory and his team and look for great results for our region on a=20 long term basis." Cyrusoft, the company that acquired ISE to form ISAMET, has roots at=20 Carnegie Mellon University, and was established as a global player in=20 intelligent email solutions, especially for the education market. ISAMET=20 will continue to develop and support intelligent messaging products under=20 the well known Mulberry and SilkyMail brands. "Our years of experience in email messaging, coupled with our newly=20 acquired security technology, position ISAMET for the forefront of secure=20 and intelligent communication in an era of grave security concerns," said=20 Degory. --==========91BEFB7DBDEC94F0AE47========== Content-Type: application/pgp-signature Content-Transfer-Encoding: 7bit -----BEGIN PGP SIGNATURE----- Version: Mulberry PGP Plugin v3.0 Comment: processed by Mulberry PGP Plugin iQA/AwUBQK0rYvyTvWIVtCGYEQJYUgCgtgNZ8BXxgnPASu7K7AAjiLbyDfYAoL/O TCzEqFlm6s6DNNKJkVnPxq9Y =cUqw -----END PGP SIGNATURE----- --==========91BEFB7DBDEC94F0AE47==========--