Burlington, Mass., April 27, 2005 – Ezenia! Inc. (OTCBB:EZEN.OB), a leading market provider of real-time collaboration solutions for government networks and eGovernment, announced today that the United States Government has awarded the Company an NRE (Non-Recurring Engineering) development contract, which will enhance and add key features to the InfoWorkSpace product line. This project, in conjunction with a previous project, enhances the strength of the security attributes of InfoWorkSpace to increase its security rating and meet the stringent security needs required to run on the most secure networks in the world.
“InfoWorkSpace has continued to be a linchpin capability for military and intelligence organizations in the war on terrorism. With deployments in both Afghanistan and Iraq, InfoWorkSpace has demonstrated its worthiness in mission critical areas with its proven reliability and scalability in real world environments”, said Mike Bass, Ezenia Vice President of Engineering Services. “These product enhancements will further improve the security capabilities for additional potential customers inside as well as outside of the Department of Defense. With security and privacy considerations dominating IT environments, these enhancements to InfoWorkSpace have wide applicability within any enterprises, DOD-related and commercial.”
This multi-million dollar overall project further tightens the security infrastructure of InfoWorkSpace, enhances its robust auditing capabilities and calls for deliverables throughout the course of the year 2005. The first subset of functions will be included in the upcoming update release of InfoWorkSpace. The Company believes that these development enhancements, as formulated and requested by our end users, will enable InfoWorkSpace to incorporate proven and pressing customer needs and position InfoWorkSpace as a viable and preferred alternative for other enterprise-wide deployments of collaborative software within various organizations of the U.S. Government.
About Ezenia! Inc.
Ezenia! Inc. (OTC Bulletin Board: EZEN.OB), founded in 1991, is a leading provider of real-time collaboration solutions, bringing new and valuable levels of interaction and collaboration to corporate networks and the Internet. By integrating voice, video and data collaboration, the Company’s award-winning products enable groups to interact through a natural meeting experience regardless of geographic distance. Ezenia! products allow dispersed groups to work together in real-time using powerful capabilities such as instant messaging, white boarding, screen sharing and text chat. The ability to discuss projects, share information and modify documents allows users to significantly improve team communication and accelerate the decision-making process. More information about Ezenia! Inc. and its product offerings can be found at the company’s Web site,www.Ezenia.com.
Note to Investors
Statements included herein that are not historical facts include forward-looking statements. Such forward-looking statements involve risks and uncertainties that could cause actual operating results to differ from those indicated by such forward-looking statements. These risks and uncertainties include the considerations that are discussed in the Management’s Discussion and Analysis section of the Company’s 2006 Annual Report on Form 10-K for the year ended December 31, 2004, such as the evolution of Ezenia!’s market, its dependence on major customers, rapid technological change and competition within the collaborative software market, its reliance on third party technology, protection of its propriety technology, its history of liquidity concerns and operating losses, and other considerations that are discussed further in this report. Copies of the Company’s 2004 Annual Report on Form 10-K for the year ended December 31, 2004, or other publicly available financial information, may be received at no charge by contacting Investor Relations at Ezenia!.
Note: Ezenia! is a registered trademark of Ezenia! Inc., and the Ezenia! Logo and InfoWorkSpace are trademarks of Ezenia! Inc. Additional information on Ezenia! and its products is available at our website http://www.ezenia.com.