Litronic Acquires Pulsar Data Systems; New Entity Creates Large-Scale Network and Data Security Solutions for Government and Commercial Organizations.IRVINE, Calif.--(BUSINESS WIRE)--July 11, 1999-- Litronic Inc. (Nasdaq:LTNX), a leading provider of Internet security ''This article or section is being rewritten at Internet security is the process of protecting data and privacy of devices connected to internet from information robbery, hacking, malware infection and unwanted software. solutions, recently announced the completion of its acquisition of Pulsar Data Systems, a network integration solutions company for commercial and government organizations. "Pulsar's sales and marketing strength in the government arena adds tremendous value as a channel for the high-tech products available from Litronic," said Kris Shah, Litronic's chairman and chief executive officer. "Litronic's acquisition of Pulsar Data Systems extends our capabilities in providing totally integrated, large scale network and data security solutions for commercial and government organizations." Pulsar has specific expertise in enterprise network consulting, network management and remote computing for networking systems. Since November 1997, Pulsar's primary focus was systems integration and specifically on the design implementation and management of networking systems with an emphasis on data security. Recently, the organization has refocused its attention on large complex security projects. Its existing networking solutions provide customers with an industry-recognized capability in integrated electronic security systems. Pulsar's expertise includes system design, engineering, implementation, installation, testing, maintenance and repair, project administration services and equipment procurement and resales. Litronic's public key information (PKI (Public Key Infrastructure) A framework for creating a secure method for exchanging information based on public key cryptography. The foundation of a PKI is the certificate authority (CA), which issues digital certificates that authenticate the identity of ) technology helps ensure the integrity and privacy of information being transmitted electronically and verifies the identity, authenticity and authority of the sender and the recipient of that information. About Litronic Litronic provides professional Internet data security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the and develops and markets software and microprocessor-based products needed to secure electronic commerce business transactions and communications over the Internet and other communications networks based on Internet protocols Refers to all the standards that keep the Internet running. The foundation protocol is TCP/IP, which provides the basic communications mechanism as well as ways to copy files (FTP) and send e-mail (SMTP). . Litronic's primary data security products use an advanced form of computer security technology referred to as public key infrastructure (PKI). Litronic's Internet security products can be used with World Wide Web browsers The following is a list of web browsers. Historical Historically important browsers In order of release:
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 Under the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995 With the exception of historical information, the matters discussed in this news release relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the projected growth of e-commerce and of the Internet security market; and to Litronic's ability to penetrate the Internet security market, to integrate the Pulsar acquisition and to transition to commercial markets are forward looking statements that involve a number of risks and uncertainties, including competition from companies with greater financial and technical resources than Litronic, the difficulty in continuing technical innovation (particularly in light of the competitive market for technical personnel), the effect of differing corporate cultures on the integration of the Pulsar acquisition and the acceptance of Litronic's products in the commercial marketplace. Other risks inherent in Litronic's business are described in Securities and Exchange Commission filings, including the Company prospectus. Litronic undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release. |
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