Secured Services and Allegent Technology Group Announce U.S. Chamber of Commerce Deployment of Network Security Platform from Allegent.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & WOODBURY, N.Y. -- U.S. Chamber of Commerce The U.S. Chamber of Commerce is the world's largest not-for-profit federation of businesses, representing more than 3 million businesses and organizations in the United States. As of 2003, the chamber was comprised of 3000 state and local chambers and 830 business associations. Reaches High Level of Protection and Compliance with SolventView Integrated Security Management Secured Services Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : SSVC SSVC Services Sound & Vision Corporation SSVC Selective Service ), the Company, and Allegent Technology Group today announced that the U.S. Chamber of Commerce has installed SolventView(TM), Allegent's groundbreaking network security technology, to provide integration and central control of the Chamber's network security management, monitoring, and incident response operations. "We selected Allegent's SolventView Network Security Platform because it easily integrates our security requirements under a Central Command and Control Console and enables us to manage our network security from a single Dashboard (1) See Mac Dashboard. (2) A software-based control panel for one or more applications, network devices or industrial machines. Dashboards display simulated gauges and dials that look somewhat like an automobile dashboard. ," said Suzanne Clark, executive vice president and COO of the U.S. Chamber of Commerce. "In addition, SolventView helps manage policy enforcement and compliance by automating the security process lifecycle. When all the functions and benefits delivered by SolventView are considered, the Chamber is achieving a significant return on our investment." SolventView has leapfrogged the competition by providing a security management platform that fully consolidates the critical functions of policy management, asset discovery, vulnerability assessment/remediation, intrusion detection See IDS and IPS. and proactive protection, and delivers them through a single, centrally managed security dashboard. The result is a higher level of network protection and compliance at a lower price point than competing approaches. SolventView technology was used to protect the networks at the 2004 Summer Olympics in Greece and is deployed at Fortune 1000 companies in the U.S. Based on market demand, Allegent plans to further introduce SolventView in Europe this spring, and will be presenting SolventView to a conference of Chief Information Officers co-hosted by A.S. Advanced Security, AG and Siemens, AG in Germany. "This is a very exciting time for Allegent," said Richard Hershman, 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. of Allegent. "We are gaining market traction Traction Definition Traction is the use of a pulling force to treat muscle and skeleton disorders. Purpose Traction is usually applied to the arms and legs, the neck, the backbone, or the pelvis. and have now entered into a definitive Letter of Intent to merge with Secured Services, a publicly traded leader in identity and access management security software and services. The Secured Services Identiprise(TM) product is a comprehensive and robust software platform that can easily integrate with the SolventView Security Dashboard for central management of user identity and access control. This level of compatibility opens up significant cross-selling opportunities, as evidenced by the positive comments we've already received from a number of clients." About the U.S. Chamber of Commerce: The U.S. Chamber of Commerce, based in Washington DC, is the world's largest not-for-profit business federation, representing over 3,000,000 businesses, 2800 state and local governments, 830 business associations and 96 American Chambers of Commerce abroad. For more information visit www.uschamber.com About Allegent Technology Group: Headquartered in New York, Allegent Technology Group Inc. delivers network security through its flagship technology, SolventView; the only network security product on the market that integrates with existing infrastructure through a central command and control console to deliver automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. threat protection in real time. In addition to threat protection, SolventView increases productivity and delivers significant cost avoidance Cost avoidance is a management accounting term referring to an expense one has avoided incurring. It is commonly used in the field of energy management to describe the energy costs you avoided due to energy management initiatives. and ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . Allegent also provides clients with Risk Assessment, Security Policy Development, Compliance Readiness Reviews and Audits, and Network Security Architecture design services. Allegent has offices in Georgia, Maryland and New York. For more information about Allegent Technology Group, visit www.allegent.net or email info@allegent.net. About Secured Services: Secured Services is the first single-vendor provider of Secured User Management software and services for the enterprise. Thanks to its Span, Speed, and Scale architecture, Identiprise delivers a comprehensive and easy to install solution for embedding 1. (mathematics) embedding - One instance of some mathematical object contained with in another instance, e.g. a group which is a subgroup. 2. (theory) embedding - (domain theory) A complete partial order F in [X -> Y] is an embedding if identity, access and audit management infrastructure within complex IT environments. Complemented by services from its Advanced User Security Group, Secured Services enables organizations to protect critical applications, improve the user experience, and reduce operational costs and risks. For more information about Secured Services, please visit: www.secured-services.com, or contact Kelley Joyce, Horn Group (212) 931-5204, kjoyce@horngroup.com or Bill Arnold, Crosslink Financial Communications (415) 924-9900. Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes," "anticipates," "plans," "expects," and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company's public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations. |
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