IPVoice Communications Inc. Increases Homeland Security 2004 Forecast to $6 Million with Introduction of Security Consulting Service.Business Editors/High-Tech Writers DALLAS--(BUSINESS WIRE)--March 15, 2004 Dr. Dubendorf of IPVoice to Present on Corporate Information Security Accountability Act There are a number of piece of legislation known as the Accountability Act:
Management Association Annual Meeting IPVoice Communications, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IPVO) in conjunction with the recent acquisition of Digital Computer Integration to expand services into the Homeland Security market, announced today the introduction of Corporate Information Security Audit Services in response to the proposed Corporate Information Security Accountability Act of 2003. IPVoice has already begun providing this service and has increased its current Homeland Security sales forecast Sales forecast A key input to a firm's financial planning process. External sales forecasts are based on historical experience, statistical analysis, and consideration of various macroeconomic factors. by 20% in conjunction with this partnership and service. "IPVoice is helping businesses meet corporate information security challenges with a team of Certified Information Systems Security Professionals," stated Dan Scofield, President of IPVoice. "Leading this effort for IPVoice will be Dr. Tony Dubendorf, a respected and leading expert in Information Security and Wireless Technology. We believe this initiative is an excellent enhancement to our launch into the Homeland Security market. We are providing a valuable service and at the same time learning more about what exactly the market requires in regard to Homeland Security." Dr. Dubendorf has over 29 years of experience in Computer Sciences. Dr. Dubendorf was the Chief Technology Architect and subject matter expert at Lucent Technologies assigned to the Lucent NPS NPS National Park Service NPS Naval Postgraduate School NPS Net Promoter Score (customer management) NPS Non-Point Source pollution NPS Native Plant Society NPS Norfolk Public Schools (Virginia) Wireless Technologies Practice to develop, train and deploy the Lucent Technologies wireless offerings on a global scale. He also served on the Board of Directors for the Mobile Health Care Alliance and was a member of the FCC's Network Reliability and Interoperability Council's (NRIC NRIC Network Reliability Interoperability Council (Internet) NRIC National Resource Information Centre (Australia) NRIC Natural Resources Information Council VI) Focus Group 1B Subcommittee on Cyber Security. Dr. Dubendorf will be the keynote speaker at the American Record Management Association Annual Meeting of the Minds, being held March 16, 2004, in Jacksonville, Florida. Adam Putnam, Chair of the House Subcommittee on Technology, Information Policy and Intergovernmental Relations, proposed the Corporate Information Security Accountability Act of 2003 on October 21, 2003. The act is intended to protect public safety, the economy, and shareholder investments by requiring public companies, as part of their annual report under the Sarbanes-Oxley Act See SOX. , to include a certification by an independent party that they conducted an assessment of their computer information security in accordance with standards prescribed by the SEC. About IPVoice Communications Inc. IPVoice is a six-year-old company that has reported as a research and development concern for most of its history. In 2002, IPVoice launched a new business plan, which has resulted in the Company posting five consecutive profitable quarters and establishing an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. $10 million in revenue. The Company is actively acquiring early-stage proprietary technology companies and financially distressed systems integration companies in specific global markets. In 2003, IPVoice acquired Infotel Technologies in Singapore and IP Global Voice, led by 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. Peter Geddis, a former Executive Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Qwest Communications (NYSE NYSE See: New York Stock Exchange :Q). The Company recently acquired Medical Office Software Inc. (MOS (1) (Metal Oxide Semiconductor) See MOSFET. (2) (Mean Opinion Score) The quality of a digitized voice line. It is a subjective measurement that is derived entirely by people listening to the calls and scoring the results from ) diversifying its communications technology offering into the healthcare industry. IPVoice plans to acquire additional companies similar to Infotel, IP Global Voice, and MOS as part of an overall plan to continuously launch emerging communication technologies. This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in 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. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to the risks inherent in the integration of Infotel Technologies into IPVoice Communications, Inc business, the ability of IPVoice to restore and stabilize the client base of Infotel and re-establish relationships with key suppliers, the development and market acceptance of the products and services of the combined companies, demand for the telecommunication and other products and related services, domestic and foreign government spending, budgetary and trade policies, economic and political changes in the domestic and international markets where the Company competes, successful deployment of advanced technologies, competitive product and pricing pressures as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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