Intelligentias secures a $24 Million order...
INTELLIGENTIAS SECURES A $24 MILLION ORDER WITH ONE OF THE WORLD'S LARGEST COMMUNICATIONS SERVICE PROVIDERS
REDWOOD CITY, Calif. July 1 2007 - Intelligentias, Inc. (OTC Bulletin Board: ITLI) today announced the signing of a multi-year data retention software order with one of the world's largest communications service providers. Performance of this order will result in $24 million in revenues for Intelligentias during the term of the project.
Intelligentias will provide data retention and security services for this communications service provider over the next few years. Further details of the order were not revealed at the request of the customer.
"We are pleased to announce the signing of our largest order to date," said Intelligentias Chief Executive Officer, Ian Rice. "Our products will provide our customer with the only solution on the market capable of handling their challenging environment." While declining to name the customer, Mr. Rice continued, "Our customer is both one of the world's largest communications service providers and a very large enterprise, requiring communications data retention solutions, enterprise compliance and security services."
Intelligentias was the first data retention solutions vendor, building what today is the only purpose-built solution on the market, the Intelligentias Retentia(R) Data Retention Suite. Originally created for a telecommunications service provider, Retentia is a file system instead of a relational database. It features the most scalable, cost-effective and lean solution for providers anywhere in the world. The company's solutions are now operational in telcos, ISPs, enterprises and government agencies all over the world.
About Intelligentias, Inc.
Intelligentias, Inc. is a publicly-traded U.S. corporation based in Redwood City, California, with offices in Rome and London. The company began developing solutions for the demanding environment of large communications service providers in 1991. Today, the company markets solutions that can capture, index, encrypt and store recurring records far more efficiently and affordably than a database can.
The Retentia(R) Data Retention solution includes features such as massive scalability based on a proprietary and purpose built file system, compression for 50% lower storage requirements, full encryption for maximum security, and the ability to quickly and efficiently retrieve records out of massive data repositories.
For more information please visit:http://www.intelligentias.com
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this press release and matters set forth in the company's SEC public filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.