PivX Executives Discuss Company and Security Trends.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif. -- Executives from PivX Solutions, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PIVX), the leader in next generation host-based intrusion prevention See IPS and IDS. (HIPS) software for Windows-based computers, recently hosted an international investor conference call and spoke at the Ziff Davis Ziff Davis Inc. (ZD) is an American magazine publisher and Internet Information company. It was founded in 1927 in Chicago by William B. Ziff, Sr. and Bernard G. Davis. Throughout most of its history, it was a publisher of hobbyist magazines, often ones devoted to expensive, Virtual Security Tradeshow. Rob Shively, 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. at PivX hosted an investor conference call on November 23, 2004 to discuss the current market demand for proactive security solutions and the dynamic leadership role PivX is forging in the sector. A digitally archived replay of the call is available by dialing 1-800-977-8002 in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. or Canada, or by dialing 1-404-920-6650 in the Atlanta Area or Internationally. When prompted, enter ' * ' and then '068469' to access the replay. To read an entire transcript of the conference call, please go to: http://www.pivx.com/Accuconf_transcript_041129.pdf. Some of the highlights that were discussed on the call included: --Qwik-Fix Pro Beta has now been downloaded by over a quarter million users in 47 countries, many of whom are expected to upgrade to the newest commercial version that will be introduced in December 2004. --Qwik-Fix Pro was nominated for SC Magazine Awards in two categories, "Best Network Security Product" and "Best Intrusion Solution." --PC Magazine recently had this to say about PivX: "Time and time again, PivX Solutions has beaten Microsoft to the punch in blocking Windows vulnerabilities." --Management team of PivX combines over 100 years of software industry experience; its members have helped build billion-dollar enterprises prior. The PivX Technical Advisory board consists of current and former CIOs of several large enterprises including, Xerox, Conexant, Hyundai, Southern California Edison Southern California Edison (or SCE Corp), the largest subsidiary of Edison International (NYSE: EIX), is the primary electricity supply company for much of Southern California. It provides 11 million people with electricity. , Unocal, Stanford and Fluor. This team is sought after to speak at many high profile conferences such as RSA (1) (Rural Service Area) See MSA. (2) (Rivest-Shamir-Adleman) A highly secure cryptography method by RSA Security, Inc., Bedford, MA (www.rsa.com), a division of EMC Corporation since 2006. It uses a two-part key. , Black Hat, Defcon and more, as well as being published or being significant contributors to over a dozen source books. --Qwik-Fix Pro deals with the root cause of Windows vulnerabilities, so one "Qwik-Fix" can protect against thousands of individual threats and variants including so called "Zero Day" threats that attack previously unknown vulnerabilities. --Announced that PivX proactively blocked Mydoom, Sasser, Sobig, and other major threats including the recent IFRAME vulnerability, spyware, adware and Trojans. --Disclosed that the potential market for PivX software is 550 million computers. Achieving penetration of just 1% market share would equal 5.5 million desktops, representing a potential of at least $165 million in revenues to PivX. --Announced reseller agreements where Dell and Gateway are reselling Qwik-Fix Pro. Both agreements are generating 4th quarter revenue and will increase revenues significantly in 2005. PivX also disclosed that they are in discussions with multiple other major hardware vendors for similar agreements. --Announced they now have over 70 enterprise clients that have bought the product or signed evaluation agreements with us. Many of those organizations are very large corporations with between 10,000 and 15,000 desktops. --Achieved coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. Microsoft Gold Certified Partnership status. Furthermore, on November 30, Oliver Lavery, Chief Software Architect at PivX participated in the Ziff Davis Virtual Security Tradeshow in a panel discussion titled, 'The Risks And The Rewards Of Windows XP The previous client version of Windows. XP was a major upgrade to the client version of Windows 2000 with numerous changes to the user interface. XP improved support for gaming, digital photography, instant messaging, wireless networking and sharing connections to the Internet. SP2'. The panel discussion is now archived at http://www.securityshow.eseminarslive.com. For more information, please visit http://www.pivx.com or call 949-999-1600. About PivX PivX Solutions, Inc. (OTCBB:PIVX), is an elite security vulnerability research product and services company that leverages its domain knowledge to increase the security of corporate desktops, servers and home PCs. PivX's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Qwik-Fix Pro(TM) provides enterprise level host based (1) A system controlled by a central or main computer. A host-based system typically refers to a hierarchical communications system controlled by a central computer. (2) intrusion prevention against vulnerability pathways, exploits, attack vectors and threats before they are exploited maliciously. PivX also conducts highly confidential security-related work on behalf of some of the world's largest corporations. PivX research has identified multiple vulnerabilities and ways to exploit many of the world's widely-used Operating Systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. and software including Microsoft Windows, Microsoft IIS, Unreal Engine, Microsoft Internet Explorer See Internet Explorer. , Cisco IOS, and Turbo Tax. Forward-Looking Statements The statements contained in this press release that are not historical are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements, without limitation, regarding our expectations, beliefs, intentions or strategies regarding the future. PivX intends that such forward-looking statements be subject to the safe-harbor provided by 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. Such forward-looking statements relate to, among other things: (1) PivX's successful integration of Threat Focus; (2) PivX's expected revenue and earnings growth; and (3) estimates regarding the size of target markets. These statements are qualified by important factors that could cause PivX actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) PivX's ability to obtain development financing as and when needed, (2) PivX's ability to generate and sustain profitable operations; (3) the market's acceptance of PivX's products and services; (4) significant competition from other network security companies and operating system providers with significantly greater technological, marketing and financial resources, and (5) PivX's ability to protect its intellectual property. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties as more fully described in the Company's periodic filings with the Securities and Exchange Commission. |
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