Nashua, N.H., July 23, 2009 – Ezenia, Inc. (OTC Bulletin Board: EZEN.OB), a leading provider of real time solutions for situation sensitive and mission critical applications in corporate, government and commercial networks, announced today that Mr. Dallas Hale has been appointed to the Ezenia Board of Advisors (BOA). The first meeting of the BOA was held on July 08th, 2009 in the Ezenia office facility located in Sterling, Virginia.
As President of Agile Edge Technology (AET) Consulting, Mr. Hale oversees all public and private consulting for AET’s Federal, Defense, Medical, and Technology services. He brings over 28 years of successful performance as a defense industry executive. Previously, Mr. Hale was the Founder and Chief Executive Officer of the DALCORP Advisory Group, Inc. Established by Mr. Hale in 1996 and sold in 2008, DALCORP is a successful advisory and consulting firm providing Federal, Defense and International Business Development services and support activities in several major Department of Defense (DoD) locations throughout the United States, Europe and the Middle East. Since 1982, Mr. Hale held senior executive positions with international corporations such as Wang Laboratories, BDM/TRW and Orbital Sciences, and had responsibilities to build and manage critical international corporate personnel and assets. His successes and global reputation led to the creation of his own consulting firm in 1996 in the Washington, DC area and allowed him to bring on board former senior government personnel such as the CIO/DHS, CIO/CIA, CIO/Joint Forces Command, Air Force PEO for Logistics and Combat Systems, Assistant Deputy Under Secretary of Defense for Logistics and Material Readiness, Navy Vice Commander NAVAIR. Mr. Hale and his staff, with top secret and higher clearance, specialize in Supply Chain Management, Intelligence, Command and Control, and Weapon Systems Support with clients, including Boeing, Northrop, SAP, Oracle, BAE, EADS, Rolls Royce, HP, Sun Microsystems, Daimler and Saab.
“As a small technology company, Ezenia with its InfoWorkSpace product and services offerings has an excellent reputation, proven record, and loyal customer base, especially within the Warfighter community,” noted Mr. Dallas Hale. “Ezenia has a compelling and attractive value proposition in the multimedia collaboration, conferencing, and communication market place and deserves to be much more successful, with the appropriate approach in sales, marketing, and business development activities. It is my intention to provide such guidance and assistance to the Ezenia management team and facilitate the growth of its business.”
“I am delighted to have Mr. Hale as a member of the Board of Advisors. His broad experience, reputation, and in-depth familiarity of the customer environments and business practices in the market segments that Ezenia has been serving will be a significant asset and resource to the Company’s management team,” commented Mr. Khoa Nguyen, Ezenia Chairman and Chief Executive Officer. “I look forward to taking personal advantage of his guidance and advice in the operation of our business.”
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 Regarding Forward-Looking Statements
Statements included herein that are not historical facts may be considered forward-looking statements. You can identify these forward-looking statements by use of the words “expects,” “anticipates,” “estimates,” “believes,” “projects,” “intends,” “plans,” “will,” “may,” and similar words. Such forward-looking statements, including statements regarding our business and financial outlook, long-term strategy, improvements in our infrastructure, and proposed earnings per share growth targets, involve risks and uncertainties that could cause actual operating results to differ materially from those indicated by such forward-looking statements. These risks and uncertainties include the considerations that are discussed in the Company’s 2007 Annual Report on Form 10-K as amended for the year ended December 31, 2007, such as its dependence on the United States government as its largest customer, adverse changes in available funding and discretionary spending within the Department of Defense, its dependence on other major customers, the evolution of Ezenia!’s market, rapid technological change and competition within the collaborative software market, its reliance on third-party technology, protection of its propriety technology, acceptance of IWS in the commercial market, retention of key employees, stock price volatility, customer acceptance of Version 3.0 of InfoWorkSpace, its history of liquidity concerns and operating losses, and other considerations that are discussed further in such report. You should not place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation to update forward-looking statements after the date of such statements.
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.