InterNetwork Experts Announces Another Iraq Contract Extension.DALLAS -- InterNetwork Experts Inc., a wholly-owned subsidiary of I-Sector Corporation (AMEX AMEX See: American Stock Exchange :ISR (Interrupt Service Routine) Software routine that is executed in response to an interrupt. ), announced today a six month extension to its previously announced contract with the Department of the Army, Third Signal Brigade Organization and structure Signal Brigade
The contract extension is valued at $430,000 in service revenue for InterNetwork Experts and contains an option to renew when it expires at the end of March 2005. Under the extended contract, InterNetwork Experts' engineers will continue to provide high-level design and operational support to increase efficiency and availability of both data and voice communications. This contract extension is in addition to the previously announced extension of InterNetwork Experts' contract with Spacelink International LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control to support IP Telephony communications infrastructure in Iraq for the Department of the Army locations in Basra, Al Hillah and Baghdad. About InterNetwork Experts: InterNetwork Experts, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of I-Sector Corporation (AMEX:ISR), is a purpose built end-to-end solutions provider focused on IP Communications. The company's NetSurant business unit provides the essential support components for companies using IP Communications. More information can be found at www.inetx.com and www.netsurant.com. Additional information about I-Sector can be found at www.I-Sector.com. 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. Statement: The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, are "forward-looking statements" within the meaning 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 and involve a number of risks and uncertainties. The actual results of the future events described in the forward-looking statements in this document could differ materially from those stated in the forward-looking statements due to numerous factors including: --Market and economic conditions --Risks associated with entry into new markets --The ability to attract and retain key management, sales and technical staff --Unforeseen circumstances in the volatile and changing Iraq environment --Catastrophic events --Uncertainties related to rapid changes in the information technology industry, particularly the IP Telephony industry. --Other risks and uncertainties set forth from time to time in I-Sector's public statements and its most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year 2003. Recipients of this document are cautioned to consider these risks and uncertainties and to not place undue reliance on these forward-looking statements. The company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based. Cisco and Cisco Systems are registered trademarks of Cisco Systems Inc. in the United States and certain other countries. |
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