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Message: DataSecurus "will have a number of announcements to make"

DataSecurus "will have a number of announcements to make"

posted on Jul 23, 2007 07:48AM

I have no idea what those announcements might be....IMO this is good for all of us.

Copied from Holocom Networks press release found on its website. 

Patriot's subsidiary, Holocom Networks, will retain a 22% interest in DataSecurus, as well as ongoing board-level positions. Holocom also has the option to invest additional capital in DataSecurus to either maintain or increase its ownership position. Holocom Networks is jointly owned by Patriot and Scripps Ventures, Inc.

Thomas R. Darton, vice president of Pilot Power Group and CEO of DataSecurus said, "We are very excited about this new investment and feel that the technology has great promise. We have completed a supply contract for design services, have signed consulting agreements with key stakeholders in the technology, and have signed an exclusive manufacture, distribution and sales agreement with the developers and owners of the technology. We will have a number of announcements to make as this product comes to market later this year. The company is accepting orders for shipment in the fourth quarter of 2007." He added that "Patriot's history of involvement in high-technology products and design will make their representatives valuable Board members for DataSecurus."

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