SAN FRANCISCO, April 21 /PRNewswire-FirstCall/ -- Intelligentias, Inc. (BULLETIN BOARD: ITLI) a company seeking to become a recognized leader in the Homeland Security Industry by providing Data Retention, Tracking and Investigatory Services for Telcos, ISPs and Law Enforcement Agencies around the world, announced today that it has executed a non-binding term sheet to purchase, for cash and Intelligentias common stock, all of the outstanding common stock of DATAKOM, located in Ismaning, (Munich) Germany.
For over twenty years, DATAKOM has specialized in legal interception of telecommunications, test systems and security software. DATAKOM will join Intelligentias as a wholly owned subsidiary.
Luigi Caramico, President of Intelligentias said of the acquisition, "The marriage of these two companies enables Intelligentias to further realize its potential in this exciting security software sector."
Hoffmann agreed, "We have worked hard for many years to create a comprehensive, customizable monitoring, security and interception suite of products for our customers, along with service of the highest quality. We believe the future of DATAKOM is in good hands because Intelligentias is the ideal partner with whom to move forward and expand our capabilities as part of a larger security solution."
Mr. Caramico went on to say, "Assuming all contingencies are met, we expect to sign a final binding contract in June 2007, at which time Intelligentias will tender cash and stock to acquire all of the outstanding shares of DATAKOM."
The financial community is invited to review information on Intelligentias through its corporate website http://www.intelligentias.com/.
About Intelligentias ( http://www.intelligentias.com/ )
Intelligentias, Inc. expects to become a global data-intelligence conglomerate. Using a worldwide network, we will market Homeland Security products to Law Enforcement Agencies, Telcos and ISPs in order to prevent terrorism, cyber-crime, and child exploitation. Our portfolio company, Retentia, Inc. (http://www.retentia.com/), sells Data Retention, Tracking and Forensics software to some of the largest organizations in the world. Our portfolio company, Investigatia, Inc., which will be launched later in 2007, will be our data investigation company. Investigatia intends to focus on fraud, identity theft, identity authentication and verification. Our portfolio company, Interceptia, Inc., which will be launched later in 2007, will be our Lawful Intercept Company. Interceptia intends to focus on Legal Interception of telecommunications by law enforcement authorities (LEA's) and intelligence services.
About DATAKOM: ( http://www.datakom.de/ )
DATAKOM based in Ismaning, Germany, is joint-owned and operated by Paul Hoffmann CEO, and Lydia Krowka. DATAKOM has been in the Network Monitoring and intelligence-gathering business for over twenty years, and specializes in information sent via telecommunications systems and the internet. DATAKOM's products are currently in use by several European and Middle Eastern telecom carriers and law enforcement agencies.
Forward-Looking Statement:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Contact:
Pilot Financial Communications Network
Rick Gean, 480-247-2142 (Investor Relations)
