Intelligentias Secures a $24 Million Order With One of the World's Largest Communications Service Providers
July 01 2008 - 9:00AM
PR Newswire (US)
REDWOOD CITY, Calif., July 1 /PRNewswire-FirstCall/ --
Intelligentias, Inc. (OTC:ITLI) (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. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080319/AQW115LOGO)
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 Forward-Looking Statement 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.
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http://photoarchive.ap.org/ DATASOURCE: Intelligentias, Inc.
CONTACT: Michelle Stone of Intelligentias, Inc., +1-415-740-5885,
Web site: http://intelligentias.com/
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