Acxiom(R) Acquires Harbinger Technologies Group
March 29 2007 - 4:27PM
Business Wire
Little Rock-based Acxiom� Corporation (NASDAQ: ACXM)
(www.acxiom.com) today announced it has acquired Harbinger
Technologies Group, an ICx Technologies Company based in McLean,
Va., with an office in Starkville, Miss. Financial terms were not
disclosed. Harbinger Technologies is an international consulting
and technology firm that develops software tools and training
programs for personnel involved in homeland defense, national
security and the prevention of international terrorism. Acxiom will
use Harbinger�s best-in-class technologies and specialized
expertise to help commercial clients expand internationally while
Harbinger will expand Acxiom�s award-winning products and services
to the federal government intelligence and law enforcement markets.
�Harbinger Technologies and its team of experts and consultants
will be invaluable to Acxiom and our clients,� said Charles D.
Morgan, Acxiom company leader. �This acquisition is a natural
extension in our growth strategy for Acxiom�s risk mitigation
business.� Harbinger�s almost 50 employees will become Acxiom
associates and will create centers of excellence for intelligence
and law enforcement in Virginia and Mississippi. Harbinger�s
leadership will join Acxiom, including Chief Executive Officer Jeff
Chapman, former intelligence officer and co-founder of the company,
and President Ahmed Qureshi, company co-founder and a former
intelligence officer. �We are excited to join forces with Acxiom�s
leadership and create best practices and innovative solutions for
our customers,� Chapman said. �Our combined knowledge of the risk
industry and national security opportunities will be a tremendous
asset to federal, state and local law enforcement officials.�
Harbinger�s suite of technical products solves major national
security challenges by extracting and validating intelligence
derived from foreign languages. The commercial application of the
software supports economic growth for Acxiom�s clients by allowing
them access to a single worldwide platform from which to launch
customer recognition applications with speed and accuracy
heretofore unavailable. Harbinger consultants work closely with
clients to integrate these products into existing user interfaces
and grid environments. Acxiom will use Harbinger�s software to
resolve multiple representations of people, places and things for
the benefit of clients. �Acxiom and Harbinger have been working
together for more than a year assisting the intelligence community
and federal law enforcement agencies by applying the best
commercially available technologies to the challenge of identity
resolution,� said Rick McGraw, Acxiom Federal Government Leader.
�The combination of Acxiom technologies and Harbinger�s subject
matter expertise provides the means to properly assess risk in a
legally compliant, privacy-assured environment.� About Acxiom
Corporation Acxiom Corporation (NASDAQ: ACXM; www.acxiom.com)
integrates data, services and technology to create and deliver
customer and information management solutions for many of the
largest, most respected companies in the world. The core components
of Acxiom's innovative solutions are Customer Data Integration
(CDI) technology, data, database services, IT outsourcing,
consulting and analytics, and privacy leadership. Founded in 1969,
Acxiom is headquartered in Little Rock, Ark., with locations
throughout the United States and Europe, and in Australia, China,
and Canada. For more information, visit www.acxiom.com. About
Harbinger Technologies Group Harbinger Technologies Group, an ICx
Technologies Co., was founded in 2004 as a consulting and training
company focused on homeland security and international
counterterrorism. Harbinger staff is comprised of former
intelligence officers, law enforcement personnel, linguists, and
computer scientists who serve customers in the military,
intelligence, homeland security, and private sector markets. The
company has developed powerful propriety search technologies aimed
at providing customers with fast, accurate methods of analyzing
their data and understanding the connections within the data. For
more information, visit www.htgcorp.com Acxiom is a registered
trademark of Acxiom Corporation.
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