Cyber Digital, Inc. Targets Homeland Security Initiatives.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 20, 2002 Cyber Digital, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CYBD), announced that it is targeting recent 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 initiatives. Spurred by 9/11, the federal government announced that most homeland security agencies' communications systems were using 30-year-old technology. While Pentagon has high-speed and highly secured networks, other homeland security agencies networks require a complete overhaul. Homeland security agencies demand Cyber's CVPN to secure sharing of information. The following initiatives reflect the programs that are relevant to secure VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. applications for 2003: - $380 million - INS to track foreign visitors. - $11 million - GSA's central analysis and warning center - $15 million - National Institute of Standards and Technology's (NIST) computer security division. Cyber's CVPN is certified by NIST - $20 million - Energy Department information sharing systems - $30 million - DOD to develop a cyberspace warning network - $202 million - for an emergency National Information Management system - $175 million - for states to buy technology to access information These agencies want vendors to provide fully managed VPN services including installation, maintenance and service. Cyber has previous experience in providing fully managed digital voice switched services to the Department of Defense including Air Force and Navy bases. Cyber is duly authorized by GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. and DOD (1) (Dial On Demand) A feature that allows a device to automatically dial a telephone number. For example, an ISDN router with dial on demand will automatically dial up the ISP when it senses IP traffic destined for the Internet. to render services to any government agency. Cyber's Nigerian customers remain committed to purchase $80 million of its systems over the next two years. About Cyber Digital, Inc. Cyber Digital, Inc., is a leading manufacturer and software developer of advanced wireless digital voice switching systems Switching systems (communications) The assemblies of switching and control devices provided so that any station in a communications system may be connected as desired with any other station. for network operators worldwide. Cyber Digital is also a leading developer and provider of an array of ultra-high performance Internet Protocol (IP) infrastructure software and systems such as routers, gateways, firewalls and servers for next-generation local-loop digital broadband and virtual private network (VPN) applications. This press release contains forward-looking statements, pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that involve a number of risks and uncertainties that could cause actual results to differ materially. The risks and uncertainties are detailed from time to time in Cyber Digital's SEC reports and filings. Additional information may be obtained by visiting www.cyberdigitalinc.com |
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