ACCESSWIRE
18 May 2022, 09:13 GMT+10
PLANO, TX / ACCESSWIRE / May 17, 2022 / Intrusion Inc. (NASDAQ:INTZ), a leader in cyberattack prevention solutions including zero-days, announced today that Franklin Byrd will be resigning his role as Chief Financial Officer ('CFO'), effective May 30, 2022.
Mr. Byrd's departure is not based on any disagreement with the Company's strategy, or any irregularities in the Company's accounting principles or financial statement disclosures. Intrusion will initiate a search for Mr. Byrd's successor, and he has agreed to support the Company through this transition.
'I have worked closely with Franklin since my arrival in November of 2021, and I have a deep appreciation for his contributions to further strengthen the management and financial discipline at Intrusion,' said Tony Scott, CEO of Intrusion. 'During his time with Intrusion, Franklin has been a critical part of the Company's success with his skillful oversight of our finance, HR, investor relations, and legal functions. On behalf of our entire team, I would like to thank Franklin for his dedication to Intrusion and wish him well in his future endeavors.'
About Intrusion Inc.
Intrusion, Inc. is a cybersecurity company based in Plano, Texas. The Company offers its customers access to their exclusive threat intelligence database containing the historical data, known associations, and reputational behavior of over 8.5 billion IP addresses. After years of gathering global internet intelligence and working exclusively with government entities, the company released its first commercial product in 2021. Intrusion Shield is designed to allow businesses to incorporate a Zero Trust, reputation-based security solution into their existing infrastructure. Intrusion Shield observes traffic flow and instantly blocks known malicious or unknown connections from both entering or exiting a network to help protect against Zero-Day and ransomware attacks. Incorporating Intrusion Shield into a network can elevate an organization's overall security posture by enhancing the performance and decision-making of other solutions in its cybersecurity architecture.
Cautionary Statement Regarding Forward-Looking Information
This release may contain certain forward-looking statements, including, without limitations, statements about the Company's operations, strategies, or results of operations as well as any other statements which reflect management's expectations regarding future events and operating performance. These forward-looking statements speak only as of the date hereof and involve a number of risks and uncertainties, including, without limitation, the risks that our strategies and outcomes will not meet our expectations or do not meet with widespread market acceptance. These statements are made under the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, risks that we have detailed in the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading 'Risk Factors.'
IR Contact
Alpha IR Group
Mike Cummings or Sam Cohen
INTZ@alpha-ir.com
SOURCE: Intrusion, Inc.
Get a daily dose of St Louis Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to St Louis Star.
More InformationMOSCOW, Russia: The UK newspaper, the Telegraph, has been blocked in Russia, following a request from the Russian prosecutor-general.The TASS ...
LAHORE, Pakistan - An Airbus 320 carrying 171 passengers narrowly avoided an accident at Allama Iqbal International Airport, Pakistan's second-largest ...
WASHINGTON, DC - U.S. President Joe Biden on Friday vowed to "do all in my power" to protect a woman's ...
YANGON, Myanmar - According to military-run media, a junta delegation discussed nuclear technology collaboration with a Russian state-owned atomic energy ...
DHAKA, Bangladesh - The United States Agency for International Development (USAID) is providing more than Tk2.3 crore in emergency funding ...
PHNOM PENH, Cambodia: Cambodian villagers on the Mekong River have caught a stingray fish weighing 661 pounds, which is the ...
WASHINGTON D.C.: As average home prices surged to a record high, reaching the $400,000 mark for the first time, and ...
MOSCOW, Russia: Russia's consumer price index has fallen by 0.12 percent for the third consecutive week.This drop in the consumer ...
TAIPEI, Taiwan: The American Chamber of Commerce in Taiwan has recommended that the United States "urgently" initiate talks with Taiwan ...
NEW YORK, New York - Stocks on Wall Street and around the globe rallied hard on Friday pushing the major ...
DETROIT, Michigan: Detroit's three big automakers - General Motors, Ford and Chrysler parent Stellantis NV - have announced that wearing ...
HONG KONG: To cope with the weakening property market, developers in China are coming up with innovative ways to attract ...