Ascentry Technologies Closes First Round of Financing; Home Security Technology Company Will Expand Aggressive Business Plans.Business Editors/High-Tech Writers TACOMA, Wash.--(BUSINESS WIRE)--Dec. 2, 2003 Ascentry Technologies, a Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry company, today announced it has closed a $1.75 million round of angel funding, predominantly from local investors. A leading advocate of interoperable The ability for one system to communicate or work with another. See interoperability. communications for Homeland Security applications, Ascentry Technologies is the creator of the FUSION communications software (communications, software) communications software - Application programs, operating system components, and probably firmware, forming part of a communication system. These different software components might be classified according to the functions within the Open Systems suite that enables an interoperable communication system to be setup in minutes, instantly creating a secure, wireless canopy that delivers decisive information to public safety and physical security organizations. This funding permits the company to expand on its aggressive business plan to forge strategic partnerships that will establish the FUSION software platform in the Homeland Security communications technology market. Working with a team of private and public organizations, Ascentry Technologies recently submitted a six-city pilot proposal to the Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States to demonstrate the effectiveness of interoperable communications powered by its FUSION software suite. Company officials expect DHS DHS Department of Homeland Security (USA) DHS Department of Human Services DHS Department of Health Services DHS Demographic and Health Surveys DHS Dirhams (Morocco national currency) approval of the pilot program by early 2004, and are conducting logistical meetings in each of the pilot cities. The FUSION software suite enables different agencies to use secure video, data and voice to manage emergency incidents as well as day-to-day public safety and physical security operations. Communication systems powered by the FUSION software suite are interoperable, cost-effective, upgradeable, and can incorporate new and existing infrastructure. "Emergency response experts have long advocated interoperable systems between fire, police, and EMS agencies as a critical step to improving America's ability to communicate, cooperate, and coordinate in times of crisis," said Federico Pacquing, Ascentry CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and leading interoperability advocate. "Support of interoperable systems is a DHS priority, and this funding will help Ascentry and its partners demonstrate the efficiencies gained via interoperable systems powered by the FUSION software suite." |
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